Housing market inventory at 20-year low for Puget Sound region
In August, the number of residential listings was way down in King (38%), Snohomish (56%), and Pierce (51%) counties, as home values continued to rise.
https://mynorthwest.com/2147867/housing-market-inventory-puget-sound/
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Amazon is set to hire new workers as it leases more real estate in Washington state
Amazon announced plans to hire more workers in the coming years as it expands its footprint in a Seattle suburb.
https://www.usatoday.com/story/money/2020/09/04/amazon-bringing-10-000-well-paying-jobs-seattle-suburb/5714698002/
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Amazon to add 10,000 jobs in Seattle suburb
Amazon plans to add 10,000 permanent jobs to a suburb of the west coast US city of Seattle in the coming years in the growing tech behemoth's latest expansion near its headquarters, the company said Friday.
https://today.rtl.lu/news/business-and-tech/a/1575046.html
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Vulcan Developing Two Major Mixed-Use Projects Near Seattle Anchored by Amazon
“We are very excited to be working with Amazon again, and we are thrilled to be kicking off our first development projects in the Bellevue CBD,” says Ada Healey,
https://rebusinessonline.com/vulcan-developing-two-major-mixed-use-projects-near-seattle-anchored-by-amazon/
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Most Dog-Friendly Cities in America – 2020 Edition
According to the American Pet Products Association, Americans spent $95.7 billion on their pets. Portland, Oregon takes the No. 5
https://smartasset.com/mortgage/most-dog-friendly-cities-in-america-2020
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Over 1,000 Bothell units planned for old Seattle Times plant
Two separate developers, Polygon and AvalonBay, are poised to build over 1,000 units on the Seattle Times' surplus North Creek printing plant site
https://www.djc.com/news/re/12134953.html
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2020’s Best Real-Estate Markets
Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property.
https://wallethub.com/edu/best-real-estate-markets/14889/
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U.S. Home Price Insights
he CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through July 2020 with forecasts from August 2020 and July 2021.
https://www.corelogic.com/insights-download/home-price-index.aspx#:~:text=The%20CoreLogic%20HPI%20Forecast%20indicates,in%20more%20than%20nine%20years.
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Would-be homebuyers have more buying power, but also more competition for meager inventory
Extremely low interest rates mean would-be home
buyers have more buying power, but sparse inventory and increasing home prices in many parts of
Washington state are leaving many buyers unable to take advantage of these attractive rates
http://members.nwmls.com/library/content/PressReleases/2020/NWMLS%20NR_September%202020.pdf
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Western Washington home prices hit new record highs
For yet another month, home prices were squeezed to new heights by a combination of low inventory and high demand.
https://www.seattletimes.com/business/real-estate/western-washington-home-prices-hit-new-record-highs/
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Here's where Seattle ranks among the best places to retire
According to the study from WalletHub, Seattle didn't even make it into the top 50 best cities to retire in.
https://www.seattlepi.com/seattlenews/slideshow/seattle-not-best-place-to-retire-recent-study-208476.php
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Navigating Your Real Estate Closing
Here’s a guide to navigate what happens after you sign the purchase contract until the day you get the keys to your new home—or complete your mortgage refinance.
https://www.forbes.com/advisor/mortgages/real-estate-closing/
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Here’s how to qualify for a mortgage in retirement
It’s not uncommon for retired homeowners to want to relocate or downsize.
https://www.cnbc.com/2020/09/01/heres-how-to-qualify-for-a-mortgage-in-your-retirement.html
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National Kitchen + Bath Design Awards | 2020
Design Awards | 2020
https://southsoundmag.com/national-kitchen-bath-design-awards-2020/
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A Designer Offers Tips for Decorating With Color
In this episode of Houzz TV Live, interior designer Julianne Bull of The Den Interiors in Melbourne, Australia, shares advice on decorating with color.
https://www.houzz.com/houzz-tv/a-designer-offers-tips-for-decorating-with-color-stshtvvw-vt~140299546
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The real HQ2: Amazon adding 10k more jobs in Bellevue, growing further beyond downtown Seattle
The city of Bellevue, Wash., is looking more and more like Amazon’s actual second headquarters location.
https://www.geekwire.com/2020/real-hq2-amazon-add-another-10000-jobs-bellevue-wash-nearby-downtown-seattle-hq/
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These simple habits can stop work-from-home burnout
The great work from home experiment has dragged on for six months and running, and it’s taking a toll.
https://www.marketwatch.com/story/these-simple-habits-can-stop-work-from-home-burnout-11599748247?mod=home-page
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Remote Work Could Open Homeownership to Nearly Two Million Renter Households
- Nearly 2 million renter households who are in jobs that could likely be done remotely and have been priced out of the market in their current metro could afford to buy a typical starter home elsewhere in the country.
http://zillow.mediaroom.com/2020-09-08-Remote-Work-Could-Open-Homeownership-to-Nearly-Two-Million-Renter-Households
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New home sellers join the market as high demand persists
The familiar drumbeat of high buyer demand and rising prices kept its rhythm into September as buyers scooped houses off the market at record rates, according to Zillow's Weekly Market Report.
http://zillow.mediaroom.com/2020-09-11-New-home-sellers-join-the-market-as-high-demand-persists
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Weekly Housing Market Monitor
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
https://www.nar.realtor/research-and-statistics/research-reports/weekly-housing-market-monitor
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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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Local Market Reports
All real estate is local and every market is unique. To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including:
https://www.nar.realtor/research-and-statistics/research-reports/local-market-reports
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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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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