65 Percent of U.S. Metros Enjoyed Double-digit Annual Price Gains in Q3
According to NAR's latest quarterly housing report, every U.S. metro area tracked by the National Association of Realtors during the third quarter of 2020 saw home prices increase from a year ago.
https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/real-estate-news-2020-median-home-price-data-lawrence-yun-national-association-of-realtors-nar-2020-housing-reports-coronavirus-impact-on-home-sales-in-2020-most-expensive-us-housing-markets-in-2020-12227.php
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4 Metros Where Strong Covid-19 Housing Markets Can Bolster Senior Living- Seattle / Portland
Covid-19 has been an unexpected boon to the residential housing market. The resiliency of the market, which has seen home sales numbers and prices eclipse 2019 levels, is a positive trend for the senior living industry, given that people often sell their homes to pay for transitions into communities. Seattle / Portland
https://seniorhousingnews.com/2020/11/12/4-metros-where-strong-covid-19-housing-markets-can-bolster-senior-living/
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Mixed bag for Southwest Washington housing market
New listings can’t offset lowest level of inventory on record
https://www.columbian.com/news/2020/nov/12/mixed-bag-for-southwest-washington-housing-market/
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Inslee issues travel advisory for Washington
Gov. Jay Inslee issued a travel advisory for Washington today, recommending a 14-day quarantine for interstate and international travel and asks residents to stay close to home. Inslee joined California Gov. Gavin Newsom and Oregon Gov. Kate Brown in urging visitors entering their states or returning home from travel outside these states to self-quarantine to slow the spread of the virus.
https://www.governor.wa.gov/sites/default/files/Travel%20Advisory-%20Washington%20state.pdf?utm_medium=email&utm_source=govdelivery
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Squeamish in Seattle: The commercial consequences of unrest
When vandalism and arson are persistent dangers, insurers notice — and doing business gets expensive.
https://www.heraldnet.com/business/squeamish-in-seattle-the-commercial-consequences-of-unrest/
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Southbound I-5 at Mountlake Terrace to close for rail work
Crews will work overnight, on a weekend, where Sound Transit’s rail line will cross the freeway.
https://www.heraldnet.com/news/southbound-i-5-at-mountlake-terrace-to-close-for-rail-work/
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Must-See David Bowie Pool Makes This $3.5M Washington Mansion a True Rock Star
Ground control to Major Tom: A giant portrait of music legend David Bowie graces the bottom of the pool at a beautiful home just outside Seattle
https://www.realtor.com/news/unique-homes/david-bowie-pool-washington-mansion/
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NAR passes ethics changes to crack down on social media harassment
NAR’s 959-member board of directors approved changes that apply NAR’s Code of Ethics and Standards of Practice to all of a Realtor’s activities, not just those related to real estate and prohibit hate and harassing speech against protected classes.
https://www.nar.realtor/national-leadership/committee-members-liaisons/nar-professional-standards-committee-recommendations?fbclid=IwAR23hOF9pMv6N7hzZXFMIC4d1GRc9a9pcfs6RtXgNVMnWE_7aEb0qENR4a8
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Intense Homebuyer Demand Continues in the U.S., Despite COVID Outbreak
According to Zillow's Weekly Market Report, intense and persistent buyer demand is keeping the time on market for houses at incredible lows and pushing prices ever higher above 2019. Sales remain high above last year and are expected to stay robust in the coming months.
https://www.worldpropertyjournal.com/real-estate-news/united-states/seattle/real-estate-news-zillow-october-2020-housing-report-home-buyer-demand-data-covid-19-impact-on-home-sales-median-home-prices-in-2020-12220.php
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Sound Stage Real Estate Fast Gaining Attention From Institutional Investors
Exploding consumer streaming demand driving production industry's need for more space
https://www.worldpropertyjournal.com/real-estate-news/united-states/los-angeles-real-estate-news/commercial-real-estate-news-cbre-2020-soundstage-real-estate-report-production-studio-space-demand-in-2020-covid-19-impact-in-video-streaming-streaming-production-data-for-2020-12226.php
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Low Mortgage Rates Continue to Foster Bidding Wars Among U.S. Homebuyers
About 56.8% of home offers faced competition in October, Redfin says
https://www.mansionglobal.com/articles/low-mortgage-rates-continue-to-foster-bidding-wars-among-u-s-homebuyers-221210
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5 Bathroom Trends From Instagram That'll Look Like You Hired a Designer
We all wish our homes looked like they were touched by the magic wand of a designer. But the reality, especially now that many of us have been spending massive amounts of time at home, is that our personal spaces are looking messier than ever—especially our bathrooms.
https://www.realtor.com/advice/home-improvement/bathroom-trends-from-instagram-thatll-look-like-you-hired-a-designer/
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Homebuyers face 'anxiety' as Puget Sound housing market continues to see low inventory, competition
Since the start of the coronavirus pandemic, homebuyers and real estate agents have seen significantly lower numbers of active listings when compared to the same time same last year. Combined with low interest rates, the situation has created a different set of challenges for buyers.
https://www.seattlepi.com/realestate/article/Homebuyers-face-anxiety-with-Puget-Sound-housing-15707885.php
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Air Conditioning and Heating Systems in New Homes
The Census Bureau’s Survey of Construction (SOC) provides valuable information on the characteristics of new homes started construction, such as air conditioning and heating system installations.
http://eyeonhousing.org/2020/11/air-conditioning-and-heating-systems-in-new-homes-5/
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Here are the easiest places in Washington to sell a home: study
Even as the coronavirus pandemic has upended many parts of life in the region, people in Washington have continued to buy and sell homes.
https://www.seattlepi.com/realestate/slideshow/easiest-places-in-washington-to-sell-a-home-212480.php
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How to Build a Home Gym Without Breaking the Bank
With many gyms closed or operating at minimum capacity, a home gym has never sounded more appealing. Three out of five Americans are actually turning to home gyms for good, and over half of the population is looking for the best home-fitness options
https://blog.coldwellbanker.com/how-to-build-a-home-gym-without-breaking-the-bank/
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Metro Home Prices Increase in All Areas in Third Quarter of 2020
Single-family existing home prices rose in all measured metro areas in the third quarter.
https://www.nar.realtor/newsroom/metro-home-prices-increase-in-all-areas-in-third-quarter-of-2020
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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