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Real Estate News

U.S. Mortgage Rates Move Lower in Mid-July

U.S. Mortgage Rates Move Lower in Mid-July

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped in mid-July, after two straight weeks of increases. Read More »


Foreign Buyers Drive Record $153 Billion of U.S. Residential Sales, Miami Top Market

Foreign Buyers Drive Record $153 Billion of U.S. Residential Sales, Miami Top Market

Substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new record-high Read More »

Amazon Poised to Enter U.S. Real Estate Service Industry

Amazon Poised to Enter U.S. Real Estate Service Industry

Only two household names dominate the daily international news scene today: President Donald J. Trump and Amazon. Amazon is owned by Jeff Bezos, one of the richest men in North America. Read More »

New Homeowners Are Strong Boost to Overall U.S. Economy

New Homeowners Are Strong Boost to Overall U.S. Economy

According to new consumer spending analysis from the National Association of Home Builders, newly minted homeowners are helping drive a healthy U.S. economy. In their first year of ownership. Read More »


Click here to search for International Property Listings in Seattle.

Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated July 21, 2017 9:00 AM ET

Seattle Property News

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June.

According to the Mortgage Bankers Association, U.S. mortgage credit availability decreased in May 2017. The Mortgage Credit Availability Index (MCAI) decreased 1.1 percent to 181.0 in May.

Mortgage applications for new home purchases increased 15 percent compared to May 2016. Compared to April 2017, applications increased by 4 percent relative to the previous month.

According to Zillow analysis, buying the typical U.S. home listed for sale in more than half of the nation's 35 largest markets will require a greater share of income than the median-valued home required historically.

National U.S. home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade. The median home value in the U.S. is now $198,000, 1 percent higher than peak value hit in 2007.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average mortgage rates hitting their lowest mark of the year in Mid-May 2017. 30-year mortgage rate fell 7 basis points this week.

Changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices.

Renters are starting to look for cheaper housing options outside downtown cores, prompting rent payments to rise faster in the suburbs than in urban areas.

According to Zillow, first-time homebuyers in the U.S. will have better luck in the Southeast if they are looking for a more affordable home.

Freddie Mac's latest Primary Mortgage Market Survey for the first week of May 2017 is reporting the 30-year mortgage rate is still hovering around 4 percent for the fourth consecutive week.

Zillow Group announced this week the launch of RealEstate.com, a new consumer real estate website tailored to first-time home buyers, many of whom are millennials.

According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average U.S. mortgage rate rose for the first time in five weeks in late April 2017.

U.S. homebuilder confidence dipped three points in April 2017 to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index,

According to ATTOM Data Solutions' Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and in 102 out of 216 metropolitan statistical areas (47 percent) analyzed in the report.

According to Freddie Mac, more U.S. home renters are optimistic about their financial situations and expect to stay where they are even if their rents increased.

According to Zillow, monthly housing rent is a bigger financial burden for people living in predominantly black or Hispanic neighborhoods than it is in white neighborhoods.

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.

According to a new report issued this week by Zillow and LinkedIn, there's a good reason thousands of technology workers are flocking to Seattle: the math works out.


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