Greater Seattle Area Housing Market Overview
Understanding the nuances of the Greater Seattle Area's housing market is crucial for both homebuyers and sellers, as market dynamics vary significantly across different micro-markets.
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The July 2024 report from the Northwest Multiple Listing Service (NWMLS) paints a cautiously optimistic picture for Washington state's housing landscape. Click to learn more!
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Curious about how presidential elections impact housing prices? History has a story to tell, and the data don't lie. Discover the surprising trend that could influence your next real estate decision—dive into today's blog for an eye-opening look at the past 11 elections and what they mean for your home's value. Click to uncover the pattern!
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MARKET UPDATE - May 10th, 2024
Dive into the heart of Seattle's sizzling real estate market with our latest update! Discover why sellers are reveling in the current climate and how buyers can skillfully navigate this ultra-competitive landscape. Click to unlock essential insights and strategies for triumphing in your property endeavors!
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The Mortgage Bankers Association (MBA) released insightful data that reflects a noticeable uptick in new home purchase mortgage applications.
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Starting 2024-2025, MISD will open its doors to new, nonresident students for full-time enrollment in grades 8-12. This means more educational opportunities and growth for students seeking quality education within our esteemed school district.
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The MBA reports a 9.9% increase in mortgage applications for the first week of January 2024, indicating a post-holiday surge in both refinance and purchase activity despite fluctuating interest rates.
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A recent report from the CFA has shed light on a shocking truth in the industry: nearly half of all brokers might have been involved in selling only 0 to 1 homes in the past year. What does this mean to you as a buyer or seller?
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Realtor.com - Unique Homes - A new construction showstopper just landed on the market in Bellevue, WA, for $3,595,000. Best of all, it’s stylish and sustainable.
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Delve into a profound discussion that is shaping the future of real estate: the growing importance of energy efficiency in determining property value.
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The Seattle Housing Levy is once again up for consideration by voters in November. If passed, the levy would allocate $970 million to new affordable housing development over the next seven years, more than triple the previous housing levy passed in 2016.
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I have some incredibly exciting news to share with you today. As you know, I've been working closely with Dwell Development, one of the area's most innovative and eco-conscious developers. I am absolutely thrilled to announce that Dwell Developments was recently awarded not one but two prestigious Built Green Hammer Awards!
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The Second Quarter GDP data provides valuable insights into our national economy's overall health and direction. A strong GDP growth rate is typically encouraging for businesses and consumers. It indicates economic expansion, job creation, and increased consumer spending power…
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In today's article, we'll dive into the world of mortgage rates and how they have evolved over the past few decades.
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The Washington State Senate has passed a Middle Housing Bill, which is designed to encourage the construction of housing such as townhouses, duplexes, and other forms of “middle housing” in certain residential areas. The bill eliminates…
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According to census data, Seattle is once again the fastest-growing big city in the United States.
This marks the fourth consecutive year that the city has seen a population increase, with a…
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Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including building material supply chain disruptions and tightening credit conditions for construction loans.
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The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.56 percent of all loans outstanding at the end of the first quarter of 2023, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
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Are you looking for insights on the current housing market? We have just the article for you. In the following article, Todd Britsch analyzes the current housing market and forecasts where it is headed next.
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