News / Features

New-home construction falls in July

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

NAR condemns racial profiling of Michigan agent

After a Black real estate agent and his client were detained by police while viewing a house, the National Association of REALTORS® took a strong stance against the “deeply disturbing” incident of “racial profiling.”

New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Lot values are priced at a record high… Will it continue?

Lot values for single-family detached (SFD) spec homes are surging, according to a report from the National Association of Home Builders.

Seattle King County REALTORS® to honor Benjamin S. Danielson, M.D. with 2021 First Citizen Award

The former medical director of the Odessa Brown Children’s Clinic, known by his patients as “Dr. Ben,” will be recognized for his continued advocacy and activism for the health and well-being of children and families with low incomes.

Come sail away… on this land-locked Michigan houseboat

In the charming town of Au Gres, Michigan, a one-of-a-kind home is up for sale. But it’s not just a house. The property at 5629 E. Au Gres Ave is in fact a 74-foot “land yacht” constructed to serve

No new median-home price records set in July

For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.

Housing affordability hits 10-year low

Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.

Vulcan Acquires Multifamily Development Site in Bel-Red Corridor for $17.9 Million

Vulcan Inc. has acquired a 1.4-acre development site for $17.9 million, adding 270,000 square feet of multifamily inventory to its 7.9 million square feet of commercial space and 3,390 residential units.

Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

Realtor survey shows importance of tech in pandemic

Looking forward, 37% of the survey’s respondents expect drones to be the most-impactful technology over the next 24 months, followed by cyber security (34%), 5G (31%) and virtual reality (30%).

Seattle housing affordability down 20%

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index.

RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

How far are Seattle homeowners willing to commute?

With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

New-home sales fall 6.6% in June

The U.S. Census Bureau and the Department of Housing and Urban Development reported that the median sales price slid to $361,800 from $380,700 in May.

Existing-home sales reverse four-month decline in June

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.

Oops! We could not locate your form.