The COVID pandemic has caused a shakeup in where, and how, many people work. That has helped propel a thriving housing market.

The number of Asian-headed households grew 83% in the past two decades, but economic inequality and inequity between different Asian ethnic regions is still an issue.

Year over year, however, pending home sales were up 57.1%, the NAR said, citing its monthly Pending Home Sales Index.

First-time homebuyers found their long-term plans changed due to COVID.

Housing records continue to be broken, but despite the strong numbers, data could indicate homebuyer demand is reaching a peak.

Higher income, backed up by lower mortgage rates, has expanded the reach of the average homebuyer, but an increased demand for homes has concurrently driven up prices, negating two of the three main factors in First American Financial Corp.’s Real House Price Index.  

Existing-home sales slid for the third month in a row in April, declining 2.7% from March to a seasonally adjusted annual rate of 5.85 million, according to the National Association of Realtors.

The limited inventory that has plagued the housing market continued, although at an abated pace.

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new homes.

The most expensive markets continued to experience double-digit growth in the first quarter, including Seattle.

Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.

These included 79% of the offers in Seattle, a bump from the 74.8% rate this past March and a leap from the 50% rate in April 2020.

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

Last month’s uptick in new listings is sure to be a welcome sign for Seattle homebuyers — and their battle-weary real estate agents. But April housing statistics released by Northwest Multiple Listing Service (MLS) show that sellers still won’t see their homes remain on the market for very long.

A new study by WalletHub tells why Seattle is the best city in the country for agents.