News / Features
The median age of inventory in Seattle is 42 days, down from 46 before the pandemic began.
Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023.
The technology survey offers insights into how Realtors value technology and use social media.
The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations.
September is the fourth month in a row to see declining sales activity.
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.
Real estate professionals gather at The Emerald in Seattle.
Washington ranked No. 9 on the safety list overall.
Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.
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.
MoxiWorks serves more than 800 brokerages with 400,000 agents who collectively account for one in five housing transactions in the U.S.
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%.
The only other time the market saw such change was at the beginning of the pandemic.
Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before.
15% of Washington renters are not up to date on their rent.
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.
