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Multiple Offers May Ease With Uptick in Listings
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Brokers with Northwest Multiple Listing Service in Washington state suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures. Includes comments by John Deely.
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Nearly 6K Homes Sold $100K or More Above Asking
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Buyers continue to drive up home prices hoping to outbid competitors, with some willing to go six figures above the list price.
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Total Mortgage Activity Varies in Latest Month
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In the past month, total mortgage activity, as measured by the Mortgage Bankers Association’s (MBA) Market Composite Index, underwent a series of weekly declines, but increased in the latest week by 8.5 percent.
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A Record 8% Of U.S. Homes Are Worth At Least $1 Million
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Prices have skyrocketed because housing demand has far outpaced supply.
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These 9 Portland Neighborhoods Saw the Biggest Housing Price Jumps Last Year
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Cathedral Park, Maplewood, and the Lloyd District lead the pack in the city's ferociously competitive housing market.
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‘No relief in sight’ for hyper-competitive Puget Sound housing market
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Despite some signs of improvement in February, rising prices and ultra-competitive bidding wars have quickly become the new normal for the Puget Sound housing market.
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8 Things First-Time Home Sellers Often Get Wrong in Today’s Crazy Market
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Real estate experts identify what many first-time home sellers get wrong when listing their home today.
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2021 changed Seattle's real estate, maybe forever
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2021 records show Seattle's real estate year was crazier than we thought, and 2022 might be even crazier.
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Seattle’s spring housing market is coming. Here’s what to expect
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Homebuyers are finding more to choose from as the spring market arrives. Will it be enough to put a dent in runaway home prices?
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Long-term US mortgage rates fall this week to 3.76%
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Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just as the Federal Reserve prepares to raise its main borrowing rate.
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The Impact of Russia-Ukraine Tensions on the U.S. Housing Market
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Any decline in international real estate transactions will have little direct impact on the U.S. housing market.
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Instant Reaction: Mortgage Rates, March 3, 2022
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Mortgage rates fell sharply this week. Specifically, the 30-year fixed mortgage rate dropped to 3.76% from 3.89% the previous week.
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S&P/Case-Shiller OR-Portland Home Price Index
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S&P/Case-Shiller WA-Seattle Home Price Index
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