Historic Carriage House in Seattle Fetches 25% Over List Price in 2 Weeks

As further proof the Seattle real estate market is red hot, this completely restored carriage house found a buyer within days—and the offer was 25% over the asking price. Listed on April 21 for $2,395,000 with Adam Weissman of Coldwell Banker Bain of Lake Union, the gorgeous four-bedroom brick home was sold on May 6 for $3 million.
 

Sellers With Record Profits May See a Tax Bill

With rising home prices, long-time homeowners may be the most at risk of facing taxes from the sale of their home.
 

New-Home Buyers Face Rising Rate Surprises

Purchasers of new-home construction may have signed their contracts a year ago, when mortgage rates were considerably lower. Now, they’re facing significantly higher borrowing costs as they near closing.
 

The Nation’s Stock of Second Homes

According to NAHB estimates, the total count of second homes was 7.15 million in 2020, accounting for 5.11% of the total housing stock.
 

Art Gives Potential, Personalized Wellness Boost To Home Interiors

“The strongest draw to collect art is the feeling of connection to a place or person,” observes Liz Moss, owner of Elizabeth Moss Galleries, in Falmouth, Maine.
 

Here's Where Home Prices Are Rising Fastest in the Portland Metro Area

More homes came onto the market in April of 2022 than in the previous month, expanding available inventory in Portland's brutally tight housing scene.
 

Where Are Big Investors Buying the Most Homes?

Homebuyers are facing increasing competition for properties from large, deep-pocketed investment firms.
 

The Most Unnecessary—and Most Valuable—Builder Upgrades for Your New-Construction Home

If you can have the builder make the upgrade now, while the house is being built, you’ll avoid spending more money and undergoing a stressful renovation project in the future.
 

Price Low To Sell High: Does This Home-Selling Strategy Actually Work?

If you’re a seller looking to put your home on the market soon, you and your bank account are in luck.
 

Average long-term US mortgage rates edge up to 5.3%

Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009.
 

Second-Home Demand Shows Signs of Slowing

More potential home buyers may be getting priced out of second homes. Rising prices and loan increases are slowing demand after a pandemic-driven boom in the sector.
 

Instant Reaction: Housing Starts, May 18, 2022

Home price growth remained strong for the first quarter of 2022, and national median prices rose 15.7% year-over-year to $368,200.
 

S&P/Case-Shiller OR-Portland Home Price Index
 

S&P/Case-Shiller WA-Seattle Home Price Index