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'Who is buying Seattle?': New report issues warnings on Seattle's luxury housing boom

The report says officials should consider more transparency requirements on luxury real estate ownership

https://www.seattlepi.com/realestate/article/Who-is-buying-Seattle-New-report-issues-14541995.php

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Most Expensive Listing in the U.S. Is Bel Air Mansion Asking $225 Million

A sprawling 60-room Bel Air, California, estate dubbed Casa Encantada was put up for sale last week for $225 million, eclipsing the price of anything else on the market right now in the U.S.

https://www.mansionglobal.com/articles/most-expensive-listing-in-the-u-s-is-bel-air-mansion-asking-225-million-208630

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Portland metro region Hottest 'Hoods: Where the most metro-area homes were sold in Q3 2019

It's well known among real estate professionals that home sales have been slowing across the Portland metro region. Closed sales dropped 6.7 percent in Q3 2019 versus the same quarter last year to 9,506 in 97 ZIP codes with sales in Clackamas, Clark, Multnomah and Washington counties.

https://www.bizjournals.com/portland/news/2019/10/24/hottest-hoods-where-the-most-metro-area-homes-were.html

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Q3 2019 Foreclosure Activity Down 19 Percent from Year Ago to Lowest Level Since Q2 2005

Average Time to Foreclose Increases 18 Percent From Last Year; Foreclosure Starts Down From Year Ago But Up in 30 Percent of Local Markets

https://www.attomdata.com/news/market-trends/attom-data-solutions-q3-2019-u-s-foreclosure-market-report/

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U.S. Median Home Prices Jump 8 Percent, to New High in Q3 2019

Home Prices Increase in 95 Percent of Local Markets; Percent of Distressed Sales Drops to 13-year low; Profit Margins Rose to 34.5 percent with Dollar Gains Hitting $68,686

https://www.attomdata.com/news/market-trends/attom-data-solutions-q3-2019-u-s-home-sales-report/

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Annual Property Tax Payments Reach $600 Billion in Q2 2019

NAHB analysis of the Census Bureau’s quarterly tax data shows that $601 billion in taxes were paid by property owners over the four quarters ending in Q2 2019.[1] It has now been more than seven years since four-quarter property tax revenues declined.

http://eyeonhousing.org/2019/10/annual-property-tax-payments-reach-600-billion-in-q2-2019/

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Existing Home Sales Disappoint in September

After reaching 17-month high last month, existing home sales, released by the National Association of Realtors (NAR), fell more than expected in September despite low mortgage rates.

http://eyeonhousing.org/2019/10/existing-home-sales-disappoint-in-september/

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Existing-Home Sales Decrease 2.2% in September

Existing-home sales receded in September following two consecutive months of increases, according to the National Association of Realtors®. Each of the four major regions witnessed sales drop off last month, with the Midwest absorbing the brunt of those declines.

https://www.nar.realtor/newsroom/existing-home-sales-decrease-2-2-in-september

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Most Common Siding On New Homes are Vinyl and Stucco in 2018

According to the data from the Census Bureau’s Survey of Construction (SOC) the most common exterior wall materials on homes started in 2018 were vinyl siding and stucco.

http://eyeonhousing.org/2019/10/most-common-siding-on-new-homes-are-vinyl-and-stucco-in-2018/

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Luxury apartments: Who’s buying King County?

Wealthy investors jack up housing prices in Seattle and beyond.

https://www.seattleweekly.com/news/luxury-apartments-whos-buying-king-county/

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King County could increase tenant protections

The council is considering ordinances designed to help renters.

https://www.seattleweekly.com/news/king-county-could-increase-tenant-protections/

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Hoping to buy a cheaper home or sell at a higher price? Here are cities where prices could shift

Pricey housing markets like New York City and Los Angeles seem poised to cool down over the next couple of years while more affordable metro areas like Miami and San Antonio could heat up, according to an analysis by research firm Natixis.

https://www.usatoday.com/story/money/2019/10/24/homes-sale-where-housing-becoming-scarcer-more-available/4080158002/

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REALESTATE, DEMOGRAPHY, AND SUPERSTAR CITIES

Download the Report

https://www.research.natixis.com/Site/en/publication/Fu6qLN8_stBD41-U5RkQRY_qgr1o_8cxuRw4Ipg33dY%3D?from=email

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Expedia moves quietly into Interbay

Expedia Group arriving in Interbay is less like the frontal invasion of a projected 4,500 workers than a series of stealthy beachhead raids.

https://www.djc.com/news/re/12126556.html

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Location, location, location? For rents and home prices, it's now transit, transit, transit

Property values and rents rose faster in areas with easy access to transit over a recent four-year period, according to a report that examined the link between transit and real estate in Seattle and six other U.S. metro areas.

https://www.bizjournals.com/seattle/news/2019/10/21/location-location-location-for-rents-and-home.html

The Report: https://www.apta.com/wp-content/uploads/The-Real-Estate-Mantra-Locate-Near-Public-Transportation.pdf

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Microsoft Cofounder Paul Allen’s Estate Lists For $41.5 Million

The estate of Microsoft cofounder Paul Allen in Atherton, California, came on the market with a $41.5 million price tag last week, a year after his death. The sprawling mansion, more than ten times the size of the average American house, is set on two acres in a small town in Silicon Valley full of tech-titan billionaires.

https://www.forbes.com/sites/kathleenhowley/2019/10/22/microsoft-paul-allen-estate-for-sale/#5cdd3a853b5b

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Amazon’s rapid expansion in Bellevue could reach 4.8M square feet and power ‘spectacular’ growth for Seattle suburb

Amazon spent most of the last decade gobbling up every available piece of real estate in Seattle, helping power a building boom in the city. But with signs pointing to Amazon cooling on its hometown, a new report lays out how the tech giant’s expansion in nearby Bellevue could galvanize a level of growth over the next couple years that took decades to achieve in the past.

https://www.geekwire.com/2019/amazons-rapid-expansion-bellevue-reach-4-8m-square-feet-power-spectacular-growth-seattle-suburb/

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12 Portland homes with weird, welcoming front doors

You can't ignore a front door. It's the portal to a home.

https://www.oregonlive.com/life-and-culture/g66l-2019/10/a43da416913859/on-the-market-12-homes-with-weird-welcoming-front-doors.html

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Market Hotness Index

Metro Hotness - Zip Code and County Hotness

https://www.realtor.com/research/reports/hottest-markets/

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HOUSING STATISTICS

Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.

http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311

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Economic Indicators

U.S. Census Bureau Economic Indicators

https://www.census.gov/economic-indicators/

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CoreLogic Home Price Insights

The most geographically comprehensive and current home price index.

http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

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Bureau of Economic Analysis

U.S. Economy at a Glance

http://www.bea.gov/index.htm

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U.S. Housing Market Tracker

The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.

http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive

Compilation of Weekly Survey Data for 2015

http://www.freddiemac.com/pmms/archive.html

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Housing Economics

NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.

https://www.nahb.org/en/research/housing-economics.aspx