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“Greetings from Missouri!” Millions are finding commission lawsuit postcards in the mail. Agents say it’s an opportunity

Housing Wire

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. million and that funds will be only distributed to “qualifying settlement class members who submit an approved claim form,” which much be submitted by May 9, 2025. What do the postcards say? she asked. “It

Agents 377
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

Lastly, Reffkin noted that since the Sitzer/Burnett jury verdict and the announcement of the National Association of Realtors’ nationwide commission lawsuit settlement agreement in March, the industry has not seen any rapid changes in consumer behavior. “We million to 5.6 million homes in 2026,” Reffkin said.

Agents 335
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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

And, despite the rise in new listings, the number of homes still on the market on Feb. The figures were promising from the single-family-home category as well, with new listings jumping 129% (1335) from December in King and up a negligible 0.5% in Q1 2025 (6.3%) 5.6% in Q2 2025 (6.2%) 5.6% from a year ago.

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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. However, we are missing the typical boost of sellers. above the list price. in Snohomish, 4.6% in Pierce and 3.5%

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Housing Data – Including Prices – Jump in Latest Market Review

Will Springer Realtor

We are seeing more homes for sale in submarkets – except for Mercer Island and Woodinville, where active listings are down 30%+ – compared with a year ago. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons. A typical home in the county fetches a median price of $875,000, up 2.9%

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% While there were 5.8% against the previous month.

Finance 68
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Affordability Woes Prompt Historic Housing Slowdown

Will Springer Realtor

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. New listings in King were off 26% month-to-month (1583) and Active listings were down 9.4% (2296).