Seattle-area housing market gains $73 billion in value in 2020; ranks as 7th most valuable market

The Seattle area housing market gained $73 billion in value during 2020, making it the seventh most valuable market in the country, according to a new report.

https://www.seattlepi.com/realestate/article/seattle-housing-market-gains-73-billion-value-2020-15902551.php

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Seattle home prices still climbing at second-fastest rate in nation

Seattle-area home prices in the fall continued to climb at a faster rate than almost anywhere in the country.

https://www.seattletimes.com/business/real-estate/seattle-home-prices-still-climbing-at-second-fastest-rate-in-nation/

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Things to consider when buying a first home in Seattle

One of the most exciting times in life is purchasing your first home. This time can also usher in confusion and stress. What do you need to do to buy a home?

https://www.seattlepi.com/realestate/article/buying-first-home-seattle-15896207.php

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Existing-Home Sales Rise Slightly, Despite Buyers' Struggles With Falling Inventory

“Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,”

https://www.realtor.com/news/trends/existing-home-sales-rise-slightly-despite-buyers-struggles-with-falling-inventory/

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Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006

Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity in the major regions was mixed on a month-over-month basis, but each of the four areas recorded double-digit year-over-year growth in December.

https://www.nar.realtor/newsroom/existing-home-sales-rise-0-7-in-december-annual-sales-see-highest-level-since-2006

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Western Washington home sales, prices climbed in 2020. See how home prices rose in 23 counties.

Even with fewer new home listings than at any point in the last five years, home shoppers in Western Washington closed on more houses in 2020 than in the previous year. Meanwhile, a relative glut of condos was listed for sale.

https://www.seattletimes.com/business/real-estate/despite-bidding-wars-slim-supply-and-a-pandemic-seattle-area-buyers-bought-more-homes-in-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