Housing inventory in Western Washington increasing as ‘some sense of normalcy’ returns
|
The Northwest Multiple Listing Service said June showed signs of a shifting housing market, meaning there has been a healthy jump in inventory. Comments by John Deely.
|
|
Study: It’s the Most Expensive Year to Move Ever
|
Some states and cities are seeing costs rise by nearly 40% year over year. Find out where home buyers are facing the highest hikes.
|
|
Home Buying Is 5% Cheaper Than a Week Ago
|
Mortgage rates are dropping as concerns mount over a possible economic recession.
|
|
Average long-term US mortgage rates retreat this week
|
Average long-term U.S. mortgage rates eased again this week as the Federal Reserve remains likely to raise its benchmark borrowing rate in its ongoing battle to bring down inflation.
|
|
Share of Two or More Stories New Homes Increased in 2021
|
Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows that the rising trend of single-story homes reversed in 2021.
|
|
Residential Architecture Trends Show Continuing Pandemic Influences
|
There were square footage decreases in past years associated with downsizing, also referred to as “right-sizing,” but that trend has sharply reversed in 2021 and 2022.
|
|
Higher Home Payments Due More To Mortgage Rates Than Prices
|
Interest rates have played a bigger role than higher prices in pushing home payments up.
|
|
The Great Appreciation Of Home Prices Is Now Over
|
Mortgage rates may never go lower than they were last year so the multi-decade Great Appreciation of house prices is now over.
|
|
‘Scary Times’: Builders Are Slashing Home Prices and Slowing Construction as Buyers Pull Back, Survey Shows
|
Sales of new homes fell 31% this June as compared to last year. Cancelation rates jumped in June to 14.5% nationally, up from 6.5% a year ago.
|
|
Renovating a Home During Inflation: How To Add Value Without Draining Your Savings Account
|
A remodel could increase the overall value of your home, which would be beneficial if you consider selling in the future.
|
|
King County home prices fall 6% as sellers come ‘back down to Earth’
|
After climbing all year, Seattle-area home prices dipped in June. Now, more houses sit unsold and fewer people buy.
|
|
Measuring Affordability and Availability of Homes as Mortgage Rates Continue to Rise
|
The dual phenomenon of record-high home prices and record-low inventory has significantly impacted home buyer choice.
|
|
S&P/Case-Shiller OR-Portland Home Price Index
|
|
S&P/Case-Shiller WA-Seattle Home Price Index
|