News / Features

Homebuying competition lessens in Seattle. Could the market be losing steam?

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. 

Pandemic reshuffles homebuyers’ amenity priorities

Adjectives reflecting the desire for privacy and physical isolation gained a place of prominence: “private,” “covered,” “quiet,” “separate” and “enclosed” were among the top 100 most-used description terms.

Compass, Guaranteed Rate launch loan origination company OriginPoint

Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.

How long would it take a Seattle renter to save up for a down payment in today’s market?

It could take Seattle-area renters more than 12 years to save for a down payment in today’s market.

Go green in the great outdoors

This passive-solar structure will have its new owner giving a high-five to Mother Earth, due to the structure’s energy-efficient design.

What the condo collapse means for agents, sellers and buyers

The Champlain Towers South collapse emergency is ongoing, and some experts say they expect condo sales, in what was a roaring condo market in Miami, to struggle from the impact. What can agents, sellers and buyers anticipate?

Median rental price hits highest point in two years

Despite an average nationwide uptick, Seattle rents declined year over year in May.

DOJ withdraws from antitrust settlement with NAR

The department determined that the settlement would not do enough to protect its ability to investigate other conduct by the association affecting competition in the real estate market.

Welcome to the Bubble House

Known as “The Bubble House,” this 11-dome residence is a real one-of-a-kind for just 1.5 million Australian dollars ($1.1 million).

Will Gen Z be the mortgage generation?

Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.

New listings growth seen across U.S. markets in June

Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Seattle was no exception. 

NAHB: Residential construction spending rises in May thanks to single-family sector

Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders said.

What’s the median age for construction workers?

The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data.

Realtors Relief Foundation launches 20th anniversary campaign

In light of the increasing number of natural disasters in recent years, the foundation commemorated its 20th anniversary by launching Hope Rising, “a campaign designed to ensure the foundation can respond to disasters as quickly and effectively as possible.”

Lenders accused of maternity-leave discrimination

Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that.

Seattle apartments are growing to accommodate working from home

New construction apartments are getting bigger in Seattle and other major markets after shrinking in size from 2016 to 2020, according to a recent study by RENTCafe and Yardi Matrix.

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