News / Features

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Seattle is 42 days, down from 46 before the pandemic began.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

Greater percentage of Realtors® incorporating Instagram and LinkedIn into their work

The technology survey offers insights into how Realtors value technology and use social media.

PulteGroup COO to retire next year

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

NAR: Pending-home sales drop 10.2% in September

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

Industry leaders celebrate launch of inaugural issue of Who’s Who in Seattle Residential Real Estate

Real estate professionals gather at The Emerald in Seattle.

Washington named one of the 10 safest states in the U.S.

Washington ranked No. 9 on the safety list overall.

New-home sales resume downward trajectory in September

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Seattle-based MoxiWorks teams with real estate startup zavvie

MoxiWorks serves more than 800 brokerages with 400,000 agents who collectively account for one in five housing transactions in the U.S.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller

In Seattle, home prices posted a 9.9% year-over-year gain in August, compared to a 14.5% gain in July. Month over month, prices fell 3.9%.

Home sales, listings take biggest hit on record

The only other time the market saw such change was at the beginning of the pandemic. 

NAR: Existing-home sales fall for eighth month in a row in September

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

More Washington residents falling behind on rent

15% of Washington renters are not up to date on their rent.

Housing starts miss expectations in September

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

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