News / Features

Eviction crisis unfolds as courts process backlog of filed cases

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. 

Seattle-area construction projects impacted by on-strike concrete truck drivers

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. 

Seattle housing market maintains momentum in November

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

North Seattle, King County home prices well above U.S. average

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. 

Zillow, Down Payment Resource partner to provide down-payment assistance to homebuyers

The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.

Redfin reports 10 housing records set in 2021

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. 

NAR applauds President Biden’s nomination of FHFA director

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 closes home loan in less than 24 hours

LoanSnap said it used  its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.

New-home construction ramps up in November as demand stays high

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

NAR: 2022 to bring rising interest rates and slower inflation, home-price growth

In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.

Supply and demand remain unbalanced in Seattle’s housing market

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.

Tour Santa’s home and workshop in new Zillow listing

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

Builder confidence rises again in December despite inflation fears, production bottlenecks

“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

Live in the country farmhouse of a celebrity sheep

Louie the Sheep is a local legend in Australia — and his rainbow-hued, modern farmhouse is up for sale.

NAR donated nearly 3,500 meals to Americans in last six months

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. 

Survey: Millennial homeowners most burdened by debt, homeownership costs

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.

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