News / Features

Boulevard Park named one of the most affordable suburbs within a hot housing market

Boulevard Park, with a population just over 5,000, has a median price per square foot of $222, a 61% difference compared to Seattle.

The spring market is a seller’s market as demand rises, supply remains low

Seattle’s April average home value and pending sales rose from March as new inventory fell.

NAR adds fair-housing training requirement to Realtor qualifications

Realtors will be required to complete two hours of training every three years beginning in 2025. 

FHFA rescinds “unworkable” fee ahead of implementation

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 

MBA: Mortgage applications rise on lower rates

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

Why the current market is toughest on first-time buyers

Price hikes are slowing down and inventory is up — generally — but less expensive homes are bucking larger market trends. According to Zillow, the price of bottom-tier homes increased 8% year over year, while bottom-tier inventory increased just 1%.

Redfin Launches ChatGPT plug-in to help buyers find a home

Redfin has launched a ChatGPT plug-in to help buyers find their new home, a potentially powerful tool in their arsenal as today’s homebuyers work to find the perfect home.

Lawrence Yun: Fed rate hike ‘unnecessary and harmful’

NAR Chief Economist Lawrence Yun said the Federal Reserve’s latest increase in its benchmark interest rate is an unnecessary threat to many small regional banks.

The new American luxury home, according to the National Association of Home Builders

According to the NAHB, The New American Home® represents the latest in luxury real estate. It was unveiled at their recent tradeshow.

A grand, gilded estate

Dubbed Kings Landing, this stately waterfront property in Long Island inspires comparisons to “The Great Gatsby.” It’s listed by Ryan Serhant and Rachel King of SERHANT, in collaboration with Stefani Berkin and Robert Barr from We R New York.

Keller Williams launches three more enrichment programs for agents

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities. 

Seattle named a top city for local cuisine

Seattle came in at No. 6 overall, largely in part to the high number of U-Pick Farms available in the area.

NAR: Low inventory drives pending-home sales lower in March

High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported. 

The Madrona Group acquires two Seattle-area John L. Scott brokerages

The Madrona Group acquired John L. Scott brokerages in Bothell and Mukilteo, bringing its Seattle-area office count to four.

Nearly one-third of Washington homes are part of an HOA, among the highest percentages in the nation

The average monthly HOA fee in Washington is $388. 

March brings rise in single-family construction

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

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