News / Features

Land ho! For the low price of $49,000

Treasure awaits … floating on the Potomac River in Virginia. This unique pirate ship home is listed by owner Daniel Corder for $49,000.

Median days on the market increases in Seattle and nationwide

Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.

Two Seattle real estate businesses make Inc. 5000 list of fastest-growing companies

Companies are ranked by percentage revenue growth from 2018 to 2021 and had to have earned at least $100,000 in revenue in 2018 and $2 million in 2021.

S&P Corelogic Case-Shiller Index: Seattle home prices rose 19.2% in June

Though home prices are still increasing across the United States, the rate of growth is slowing, according to the latest S&P CoreLogic Case-Shiller Indices.

Share of ARM applications hits highest percentage in 15 years

More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.

Bigger portion of Seattle homes sitting on the market for 30-plus days

The share of Seattle homes listed for more than 30 days has increased 41.3% in the last year, according to Redfin.

Pending home sales decline for second consecutive month in July

The modest 1% decline could indicate the current housing cycle is reaching a bottom as mortgage rates recede from their recent high, the National Association of REALTORS® said. 

New-home sales plunge 12.6% in July

The median price of a new home sold during the month was up 5.9%, however, according to figures from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

RE/MAX: Seattle median-sales price slides as inventory jumps

Nationally, the median sales price slid 2.9% from June but rose 8.1% from July 2021, while closed transactions were down 16.6% on a monthly basis and 26.3% on a yearly one, RE/MAX said in its National Housing Report.

Washington ranked a top 10 state for its economy and quality of life

The analysis, published this month, assessed every U.S. state in five categories: affordability, economy, education and health, quality of life and safety.

NAR: Existing-home sales fall again in July, but could stabilize

A recent decline in mortgage rates could return some purchasing power to buyers going forward, National Association of REALTORS® chief economist Lawrence Yun said. 

Compass cuts signing bonuses following Q2 market downturn

Compass revealed big losses — to the tune of $100 million — in its second quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.

New-home construction falls 9.6% in July

The pace of housing starts for both single-family and multifamily residences was down on a month over month basis, the U.S. Department of Housing and Urban Development reported. 

Homebuyer competition falls in Seattle and nationally

Seattle had one of the highest rates of homebuyer competition in July.

NAHB: U.S. in a “housing recession,” single-family starts will decline in 2022

The NAHB/Wells Fargo Housing Market Index fell for the eighth straight month in August, as the key measure of builder confidence indicated a pessimistic outlook. 

Conner Homes announces new development in Woodinville

The homes range from 3,078 to 3,510 square feet and are priced from the high $1 millions, the builder said.

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