More than half of King County residents plan to move out of the area in the next five years, according to a recent survey conducted by DHM Research and Quinn Thomas. 

At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.

Enumclaw’s city council recently expanded the city’s Multi-Family Tax Exemption (MFTE) program, a move that many hope will reverse decades-old development patterns and stimulate construction of new multifamily housing, according to a report by Seattle King County REALTORS® (SKCR). 

Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

Seattle and Tacoma were among the top 50 most competitive rental markets in 2021, according to a year-end report from RentCafé.

“There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices,” National Association of REALTORS® chief economist Lawrence Yun said.

Legislation proposed this month by Washington Governor Jay Inslee could significantly impact the state’s housing supply and affordable homeownership crisis. 

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Guaranteed Rate recently announced the appointment of two new divisional managers to oversee operations in its Western markets. Ryan Ogata will lead the company’s Northwest market, including Alaska, Oregon, Washington and Northern Carolina.

Check out the local stories which most interested our Seattle readers in 2021.

Check out the national stories which most interested our Seattle readers during 2021.

The median sales price of new homes hit a new high of $416,900.

The holiday season has done little to deter home buyer demand as the number of real estate showings at new property listings is heating up across the country. New listings in 13 housing markets averaged double-digit showings in November, according to the latest data from ShowingTime. 

The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.

You’ve heard of Gothic architecture … but what about goth architecture? A certain listing in Lincoln, Ill. is trending for its shocking black exterior.