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Real Estate News & Information Washington Climbs to No. 9 In Annual State Ranking, Reversing Multi-year Slide After a multi-year slip down the U.S. News & World Report “Best States” list, Washington moved up to No. 9 in latest edition released in late July, edging out last year’s 10th-place finish. It’s not quite back to the No. 2 ranking the state held in 2023, but its trend reversal is good news. U.S. […]
Real Estate News & Information Local Market Update – August 2026 July brought a shift across our four markets: after a year of building inventory and softening prices, every market area moved into balanced territory, with prices staying relatively steady across the board. Buyers, working with more leverage than in recent years, are finding more homes to choose from and taking more time to make decisions. […]
Real Estate News & Information Private Listings Are Creating a Buyer Problem. How Will We Solve It? by OB Jacobi This article was originally published by Inman News on July 27, 2026.  The House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust just sent letters to Compass CEO Robert Reffkin and Midwest Real Estate Data (MRED) CEO Rebecca Jensen, demanding briefings on the companies’ private listing partnership. Congress wants to know whether the deal – which pushes Compass’s “Private […]
Real Estate News & Information High Rates, Prices Drive King County Buyers Toward Adjustable-Rate Mortgages King County homebuyers are increasingly turning to adjustable-rate mortgages to reduce their monthly homeownership costs. With the county’s median home price approaching $1 million and mortgage rates stubbornly above 6%, the affordability pressures driving this trend continue to grow. Unlike traditional fixed-rate mortgages, adjustable-rate mortgages start with a lower interest rate that remains fixed for […]
Real Estate News & Information Local Market Update – July 2026 Inventory continued to grow across all four of our local market areas in June, creating a more balanced environment than we’ve seen in recent years. Compared to June 2025, home prices softened in each market area, and buyers are benefiting from increased selection and more negotiation power. Well-prepared, competitively priced homes continue to attract strong […]
Real Estate News & Information Local Market Update – June 2026 As spring draws to a close, our local housing markets continue to show a growing divide. Well-priced, well-prepared homes are selling quickly, and often for at or above asking price, while properties that miss the mark on pricing or presentation are spending more time on the market and seeing price reductions. Buyer activity remains steady despite higher inventory levels, creating a more balanced […]
Real Estate News & Information Mortgage Types 101: Understanding Your Home Loan Options Buying a home comes with plenty of exciting milestones like touring properties, envisioning your future space, and making an offer. But before you get the keys, there’s one piece of the process that often feels the most intimidating: financing. From fixed-rate loans and adjustable-rate mortgages to FHA and VA programs, today’s buyers have more financing […]
Real Estate News & Information Local Market Update – May 2026 Halfway through the spring season, and the story across our four markets is one of transition. Conditions look different than they did just 12 months ago: more homes are on the market, prices have pulled back from their peaks, and buyer-seller dynamics are quietly shifting. The opportunity is real on both sides, but geopolitical and […]
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Real Estate News & Information Housing Affordability Gap Narrows as Rates Fall The income threshold for buying a home has declined for two consecutive years. Falling mortgage rates and rising household income have pushed the earnings needed to purchase a median-priced home to $111,252 — down from $115,870 in 2024 and $120,669 in 2023. Housing analysts generally consider a monthly payment at or below 30% of household […]
Real Estate News & Information High Rates & Prices Drive King County Buyers Toward Adjustable-Rate Mortgages King County homebuyers are increasingly turning to adjustable-rate mortgages to reduce their monthly homeownership costs. With the county’s median home price approaching $1 million and mortgage rates stubbornly above 6%, the affordability pressures driving this trend continue to grow. Unlike traditional fixed-rate mortgages, adjustable-rate mortgages start with a lower interest rate that remains fixed for […]
Real Estate News & Information Local Market Update – April 2026 As spring gets underway, our region’s real estate market is sending mixed signals. March saw inventory climb across the board, yet buyer activity didn’t keep pace with that supply growth. Affordability remains a central theme: mortgage rate sensitivity continues to weigh on decision-making at higher price points, while markets that have seen meaningful price corrections […]
Real Estate News & Information Numbers to Know 3/23/26: Why Mortgage Rates Are Rising Again This is the latest in a series of videos with Windermere Principal Economist Jeff Tucker, where he delivers the key economic numbers to follow to keep you well-informed about what’s going on in the real estate market. The first news this week is that the Federal Reserve did not cut interest rates at their meeting on March […]
Real Estate News & Information Local Market Update – March 2026 The spring real estate market got off to an early start this year, with all four of our local markets seeing a surge in homes selling above list price in February compared to January, pointing to increased buyer activity. More sellers are entering the market, giving buyers a wider selection of homes to choose from. […]
Real Estate News & Information Local Market Update – February 2026 The region’s housing market opened the year in a more balanced position, shaped by rising inventory, shifting buyer activity, and continued price adjustments across local markets. While affordability remains a central challenge, expanded housing supply and early signs of renewed buyer interest are beginning to influence market dynamics. KING COUNTY In January, King County’s median […]
Real Estate News & Information Local Market Update – January 2026 As 2025 came to a close, December delivered a steadier-than-expected finish for the local real estate market. Inventory remained higher than a year ago, providing added options for buyers and easing prices. With December’s results closely aligned with October and November, the market’s long-term direction may hinge on whether active listings continue to grow as […]
Real Estate News & Information Is the Average Homebuyer Really 40 Years Old? A recent wave of headlines suggested that the average first-time homebuyer is now 40 years old. It is an eye-catching statistic, especially in a market defined by high prices, elevated interest rates, and limited inventory. Millennials are now well into their prime homebuying years, so the idea that many are just now purchasing at 40 […]
Real Estate News & Information Local Market Update – December 2025 In November, all four of our regions saw year-over-year growth and month-over-month declines in the number of active listings. While a seasonal dip is normal for this time of year, the annual increases in inventory levels are notable. Rising supply is playing a central role in moderating prices and creating a more balanced market environment. […]
Buyers Seattle Homebuyers Less Likely to Back Out of Deals Across the country, more homebuyers are walking away from purchase contracts, but in Seattle, most are staying the course. In August, 15.1% of national real estate details fell through, marking the highest share since 2017. By contrast, the Seattle metro area saw a modest uptick from 9.7% to 10%, keeping local buyers among the least […]
Real Estate News & Information Local Market Update – November 2025 As the year moves further into fall, all four of our local regions remain balanced. Rising inventory and easing interest rates are having a measured impact on affordability, creating a steadier environment across the Puget Sound. With supply elevated and prices holding relatively firm, both buyers and sellers are adjusting to a more even playing […]
Real Estate News & Information Local Market Update – October 2025 Local Market Update – October 2025 The local market continued its swing towards balance in September as inventory maintained its upward trajectory. After several years of strong demand and rising costs, prices are beginning to moderate. Three out of four of our regional markets are now considered balanced — a notable shift from the frenzied […]
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