local real estate news, statistics, and commentary without the sales spin.
Now that a year has passed since Rocket Companies completed its acquisition of Redfin and it’s been six months since Redfin had its own CEO, I thought it would be worth reflecting on what Redfin accomplished during its two-decade run as an independent company and how the Redfin of 2026 became exactly the kind of company that the Redfin of 2007 was created to fight against…
As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945. The good news: This is down from an eye-watering $4,758 in October. The bad news: It’s up dramatically from just a year prior, and 59% higher than what we saw at the peak of the previous housing bubble…
Let’s check up on what’s happening with the Seattle-area housing market in early 2023, shall we?
After more than a decade of rates under 5%, we’re finally going to see how a more “normal” mortgage rate will impact the housing market.
Since we’ve been gone for so long, I thought I’d start back up with somewhat of an overview post. Let’s just take a look at what’s going on in the Seattle-area (King County) housing market recently.
One of the biggest topics on everybody’s mind lately is home prices, so let’s start there…