News / Features

Prices of Seattle waterfront homes are steadily rising, particularly in King County, where waterfront property has been historically expensive.

Nationally, investors bought a record 18% of homes sold in the third quarter of this year, and they are increasingly turning to single-family homes, according to Redfin.

Nearly 80% of Seattle King County REALTORS®’’ (SKCR) endorsed candidates won during King County’s general election in November, according to a press release.

Home prices in Seattle saw little change from August to September, an indication of a seasonal slowdown in the local market. Earlier this year, Seattle-area home prices saw month-to-month increases between 3-5%, according to the latest S&P CoreLogic Case-Shiller Home Price Index.

“If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration. Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly.” — S&P DJI managing director Craig Lazzara.

While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters.

“Motivated by fast-rising rents and the anticipated increase in mortgage rates, consumers that are on strong financial footing are signing contracts to purchase a home sooner rather than later.” — NAR chief economist Lawrence Yun

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market.

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

The seasonally adjusted estimate of new houses for sale at the end of September was 389,000, representing a supply of 6.3 months at the current sales rate, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Seattle is the fourth most expensive city in Washington for renters, according to a recent Zumper report. The report analyzed active listings last month in 11 metro cities.

The new REALTORS® Confidence Index survey is here, and thousands of Realtors have weighed in to reveal the current shape of the housing market.

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Washington is one of the safest states in America, according to a report by WalletHub. WalletHub compared all 50 states across 55 key safety indicators grouped into five categories: financial safety, personal and residential safety, road safety, workplace safety and emergency preparedness.