Signs Of A Calmer Housing Market Emerge In Western Washington: NWMLS

“We seem to be heading from an extreme seller's market toward a more balanced market with increasing inventory." Comments from John Deely.
 

How does a community increase home values?

Good schools are redefined, community connections tie us together and walkability wins. Comments from Roy Powell, Team Diva Realtor.
 

Mortgage Rates Hold Mostly Flat This Week

The interest rate for the 30-year fixed-rate mortgage averaged 5.09% this week, continuing to inch down slightly.
 

Majority of Aging Adults Say They’re Not Moving

Baby boomers hold the majority of real estate wealth in the U.S., and they increasingly want to age in place.
 

High Rates Suppress Refinancing

Per the Mortgage Bankers Association (MBA), through the week ending June 3, total mortgage activity decreased, with the 30-year fixed-rate mortgage (FRM) rate increasing to 5.45%, on average.
 

Large Metro Suburban Single-family Construction Slows

Recent developments in the first quarter of 2022 per NAHB’s Home Building Geography Index (HBGI), indicate single-family home building slowing in suburbs, with most other regional geographies following suit.
 

How Top Agents Are Leveraging Social Media To Sell Homes In 2022

With an estimated 3.96 billion (and growing) globally, social media has changed how we interact with one another. This is especially true in a field such as real estate where communication is essential to stay ahead of the game.
 

Home Buyers Regain Some Control As Supply Grows, Demand Pulls Back

Fewer people searched for “homes for sale” on Google searches during the week ending May 21.
 

Is It a Bad Time To Buy a Home? Most Americans Think It Is as Prices Continue Soaring

About 79% of renters and homeowners in May believed it was a bad time to purchase a home, according to a recent Fannie Mae report.
 

Here are three signs the Seattle-area housing market is cooling

After nearly two years of frenzy, the local housing market is cooling down. What does that mean for home prices in your area?
 

Average long-term US mortgage rates edge down, still over 5%

Average long-term U.S. mortgage rates edged down slightly this, though interest rates on the key 30-year home loan remain at decade-high levels.
 

Poll: Homeownership Bigger Achievement Than Career Success

Nearly 75% of Americans say that owning a home is a more significant measure of achievement than having a successful career or even raising a family.
 

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

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