News / Features

Median existing-home price tops $400,000 for first time in May

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Seattle home sales fall 3.6% year over year in May

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

Housing starts plunge in May amid uncertain economic conditions

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

Compass to close Seattle-based Modus as part of cutbacks

Modus, founded in Seattle in 2018, touted a more efficient, secure and transparent system for closing on a home.

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Ranking every state by its most expensive home listing. Where does Washington land on the list?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Northwest MLS alters compensation rules for brokers

Compensation the seller offers to the buyer broker will be set by the seller, rather than commission sharing between the brokerage firms.

Great location — adjacent to Jurassic Park

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

Half of Americans are brought to tears while buying a home

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.

Seattle home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index

Nationally, the index posted its highest annual increase ever.

Seattle-area housing payments up 58% from last year

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Pending-home sales fall to 10-year low

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

Two Seattle suburbs make Zillow top 10 hottest markets list

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Seattle suburbs are the hottest?

Where does Seattle land on list of greenest cities?

Seattle rated in the top 10 for electric vehicles, vegan options, public transportation and emissions.

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