Report: Seattle-area homebuyers see big drop-off in competition
Report: Seattle-area homebuyers see big drop-off in competition
The percentage of home offers in the Seattle area that faced competition is about half of what it was a year ago.
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The percentage of home offers in the Seattle area that faced competition is about half of what it was a year ago.
The percentage of home offers in the Seattle area that faced competition is about half of what it was a year ago.
The latest reading on the U.S. housing market shows signs of a shift, but there is still minimal price relief for buyers.
A report from online brokerage Redfin shows that 15% of home sellers dropped their asking price during the four-week period ending May 1, compared to 9% of sellers during the same period a year ago. This is the largest annual gain on record in Redfinโs weekly housing data, tracked through 2015.
The report also states that new homebuyers have been squeezed out of the marke...
The latest reading on the U.S. housing market shows signs of a shift, but there is still minimal price relief for buyers.
A report from online brokerage Redfin shows that 15% of home sellers dropped their asking price during the four-week period ending May 1, compared to 9% of sellers during the same period a year ago. This is the largest annual gain on record in Redfinโs weekly housing data, tracked through 2015.
The report also states that new homebuyers have been squeezed out of the marke...
More than 1 in 8 Seattleites have used cryptocurrency for their home or put it toward a down payment, Bank of America found.
More than 1 in 8 Seattleites have used cryptocurrency for their home or put it toward a down payment, Bank of America found.
LENX, the corporate venture arm of homebuilding giant Lennar, led the raise for HomePace, which says it allows people to "easily access their home equity without taking on additional debt or interest payments." Homeowners can receive up to $250,000 in cash.
LENX, the corporate venture arm of homebuilding giant Lennar, led the raise for HomePace, which says it allows people to "easily access their home equity without taking on additional debt or interest payments." Homeowners can receive up to $250,000 in cash.
Capital markets and construction costs, however, "pose significant challenges" to development, Kidder Mathews notes.
Capital markets and construction costs, however, "pose significant challenges" to development, Kidder Mathews notes.
One expert thinks annual price changes will trend negative next spring, but says the correction will be short-lived.
One expert thinks annual price changes will trend negative next spring, but says the correction will be short-lived.
As the housing market slows nationally and in Arizona, Phoenix is seeing some of the biggest buying pattern shifts, according to a couple of new Redfin reports. Buyers who were forced into frenzied bidding wars earlier this year are now able to be more selective. Here are the details.
As the housing market slows nationally and in Arizona, Phoenix is seeing some of the biggest buying pattern shifts, according to a couple of new Redfin reports. Buyers who were forced into frenzied bidding wars earlier this year are now able to be more selective. Here are the details.
The Memphis real estate market returned to a more traditional pattern of activity in September, with pricing staying strong and inventory hitting new highs.
The Memphis real estate market returned to a more traditional pattern of activity in September, with pricing staying strong and inventory hitting new highs.
Housing construction hasn't kept pace with population growth in recent decades, says a co-author of the Amazon-funded study. Here's one barrier to more development near transit.
Housing construction hasn't kept pace with population growth in recent decades, says a co-author of the Amazon-funded study. Here's one barrier to more development near transit.
Pacific Landscape Management, a Lawn & Landscape Top 100 company located in Hillsboro, Oregon, is expanding into the Puget Sound region. It's partnering with Earthworks Landscape Services and the commercial landscape maintenance division of His Hands Lawn Care.ย After serving the Portland, Vancouver, area for the past 22 years, Pacific set a strategic objective to expand and determined that growing into the greater Seattle area. โI am proud of our many long-standing relationships in Portland...
Pacific Landscape Management, a Lawn & Landscape Top 100 company located in Hillsboro, Oregon, is expanding into the Puget Sound region. It's partnering with Earthworks Landscape Services and the commercial landscape maintenance division of His Hands Lawn Care.ย After serving the Portland, Vancouver, area for the past 22 years, Pacific set a strategic objective to expand and determined that growing into the greater Seattle area. โI am proud of our many long-standing relationships in Portland...