Recent headlines spark curiosity about the future of mortgage rates. Speculations suggested impending cuts by the Federal Reserve (the Fed) this year, potentially lowering rates. Although the Fed's decisions regarding the Fed Funds Rate don't directly dictate [...]
According to the most recent rental data from Zillow for February 2024, annual growth in single-family rental prices continues to significantly trail pre-pandemic averages. Rent prices in Seattle have surged by 29.9% compared to pre-pandemic [...]
The real estate market has followed its usual seasonal trajectory, displaying sluggishness in line with the transition from winter to spring. Interest rates have edged up by a quarter percent in the past month [...]
In the previous year, the rental market experienced a modest 1.2% growth over 12 months, a notable drop from the record high of 10.0% observed at the beginning of 2022. However, by the first quarter [...]
As you plan for retirement, finding ways to save money becomes increasingly important. One effective strategy that has gained popularity over time is  downsizing to a smaller home. When considering ways to reduce expenses, it's common [...]
If you're anticipating a housing market crash to lower home prices, the data suggests otherwise. Experts predict continued upward trends in home prices, indicating that a crash is unlikely. Today’s market is very different than [...]
Purchasing your first home is a significant and thrilling milestone with the potential to enhance your life. While it's an achievable dream for first-time homebuyers, navigating today's housing market presents hurdles, notably the scarcity of homes [...]
Real estate market activity has remained slow in accordance with typical seasonal patterns. Interest rates held steady through the month of January to end at 6.69%; For the Washington counties covered by the NWMLS, January [...]
While you might be concerned about declining home prices based on news reports, it's important to note that headlines often provide an incomplete perspective. Examining the national data for 2023 reveals that home prices experienced overall positive growth [...]
According to the latest rental data from Zillow, annual single-family rental price growth continues to lag behind pre-pandemic averages in 2024. While single-family rent prices have surged by 29.4% compared to pre-pandemic levels, the pace [...]
Are you contemplating selling your house? If yes, here's some promising news. Though the housing market isn't as hyperactive as during the ‘unicorn’ years, where homes sold rapidly, they're still moving faster than the [...]
According to Zillow data, the average market rate rent in Seattle is currently $1,793/month, exceeding the national average of $1,670/month. This represents a decrease of 14.78% compared to January 2023. Rent disparities are evident [...]
