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Pending home sales surged in December: NAR

Housing Wire

The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.”

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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.

Mortgage 477
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Pending-home sales drop 13% from a year ago as rates stay high: Redfin

Housing Wire

17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. “In one week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes.

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

Will Springer Realtor

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. And, despite the rise in new listings, the number of homes still on the market on Feb. in Q1 2025 (6.3%) 5.6% in Q2 2025 (6.2%) 5.6%

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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. 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. above the list price.

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Housing Data – Including Prices – Jump in Latest Market Review

Will Springer Realtor

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. The trend is somewhat similar in the category of single-family homes (which our MLS includes townhomes), with the number of new listings in King up 26% YoY and 18% since March (2551).

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Japanese builder Sekisui House to acquire MDC for $4.9B

Housing Wire

. “This transaction directly aligns with our stated strategy for growth in North America and will create a more resilient portfolio for Sekisui House,” Yoshihiro Nakai, president and CEO of Sekisui House, said in a statement. ” Sekisui claims it has delivered over 2.62 ” Regarding the U.S.