News / Features

Seattle King County Realtors honors local pediatrician with First Citizen Award

Seattle King County Realtors (SKCR) recently announced Dr. Ben Danielson as the 83rd recipient of the Seattle-King County First Citizen Award. 

Seattle among the Top 10 ‘boomtowns’ in America

Seattle was ranked as one of the top “boomtowns” in America for 2021, according to a study by SmartAsset. Washington’s Vancouver, Bellingham, Tacoma and Spokane Valley also made the list.  The study analyzed data from 500 of the country’s

The pace of home prices continued to rise in the third quarter, but at a slower clip

Seventy-eight percent of the 183 U.S. markets monitored by the National Association of Realtors had double-digit increases in their median home prices, a decline from the second quarter, when 94% of markets saw double-digit increases.

Buyer hesitancy, weather change possible factors in October’s slow market activity

Real estate brokers are “detecting indecisiveness by some buyers who are getting mixed ‘work from home’ messages from their employers,” according to a report by the Northwest Multiple Listing Service (MLS). This hesitancy, coupled with cooler, wetter weather and

Seattle King County REALTORS® raises housing funds for victims of disaster

Seattle King County REALTORS® (SKCR) has partnered with the REALTORS® Relief Foundation (RRF) to raise money for disaster victims who need housing-related assistance. These fundraising efforts are part of RRF’s Hope Rising campaign in celebration of its 20th anniversary.

Affordable home supply jumps as mortgage forbearance programs end

The supply of affordable homes on the market rose a record 13% in the third quarter as mortgage forbearance programs ended, prompting low-cost homeowners to put their properties on the market.

Atlanta, Houston real estate professionals elected to LGBTQ+ Real Estate Alliance executive roles

Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.

Cherry Valley Winery on sale for $2.6M

Wine connoisseurs in search of a winery to call their own may be in luck, as this $2.6 million winery estate is up for grabs just 16 miles northeast of Seattle. 

Despite hike in inventory, new home demand, market still favors sellers

As the economy slowly recovers from the throes of COVID-19, home inventory in Western Washington has begun to slowly regenerate and sales are increasing. Despite this, the market still favors home sellers, according to a report by Matthew Gardner, Windermere Real Estate’s chief economist.

Mortgage applications decline despite drop in interest rates

“Mortgage rates decreased for the first time since August, as concerns about supply-chain bottlenecks, waning consumer confidence, weaker economic growth and rising inflation pushed Treasury yields lower.” — MBA associate vice president of economic and industry forecasting Joel Kan

Rents continue surge in large metro areas

Rental prices are surging to an all-time high after dropping considerably in 2020 due to the pandemic. In September, median rents in the 50 largest metro areas in the U.S. jumped 13.6% compared to the same month last year,

Zillow: Most home buyers middle-aged, married, college-educated

The average American home buyer is 45 years old, married or partnered, college-educated and likely to purchase a home located in the South, according to Zillow’s 2021 Consumer Housing Trends Report.  Individuals ages 30-39 make up the largest population

Coldwell Banker Bain sells to national firm

Bellevue-based real estate brokerage Coldwell Banker Bain has been sold to US RES Holdco LLC, according to a report by The Business Journal. 

Rocket Mortgage, Salesforce team up for loan originations

“This will be the first time a home lender will provide an end-to-end ‘mortgage-as-a-service’ solution through Salesforce Financial Services Cloud — a platform that thousands of financial institutions already heavily rely on.” — Rocket Cos. Vice Chairman and CEO Jay Farner

WalletHub: Seattle suburb best small city in America

Sammamish was named the best small city in America in a recent study from WalletHub. The Seattle suburb was the only city in Washington to make WalletHub’s top 10 list. The next top-rated cities were Carmel, Indiana; Brentwood, Tennessee;

Zillow closes Zillow Offers, announces layoffs

Zillow announced today it’s ending its iBuyer service, Zillow Offers, and cutting roughly a quarter of its workforce, citing the volatility the service created for the online brokerage as the motivation for the move.

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