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A sub-7% mortgage rate brings holiday cheer

Housing Wire

“Given inflation continues to decelerate and the Federal Reserve Board’s current expectations that they will lower the federal funds target rate next year, we likely will see a gradual thawing of the housing market in the new year,” Sam Khater, Freddie Mac’s chief economist said in a statement. One LO said he quoted an FHA borrower at 5.7%.

Mortgage 477
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

We found that more than 99% of new listings in March included offers to pay the buyer’s agent. Furthermore, more than 96% of all listings included offers of 2% or more, and more than 67% are offering to pay 2.5% or more. “For million to 5.6 million homes in 2026,” Reffkin said.

Agents 347
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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 389
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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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Where are home prices headed this spring?

Housing Wire

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. More sellers means more sales will happen. New listings Each week this spring we’ve been tracking the new listings volume. A year with 5.5

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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%