News / Features
Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire.
Hundreds of Seattle concrete truck drivers are striking for wage increases, a movement that has stopped the flow of concrete deliveries to job sites and significantly slowed construction on many of the city’s developments.
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey
The median sale price for homes in the North Seattle market is $775,000, a 3.3% increase from last year, according to a recent Redfin report.
The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.
The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report.
The National Association of REALTORS® applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.
LoanSnap said it used its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.
“November’s housing starts report signals strength for the housing market.” — First American deputy chief economist Odeta Kushi
In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.
As the Seattle real estate market eases into its usual winter hiatus, high home prices and mortgage rates, low inventory and stiff competition continue to stand in the way of seasoned homeowners and first-time home buyers.
The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.
“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz
Louie the Sheep is a local legend in Australia — and his rainbow-hued, modern farmhouse is up for sale.
As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release.
Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.
