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Prices for luxury homes soared in the first quarter 

Housing Wire

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand.

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

New owners here spend an average of $232.5K on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the number of sales rose 1.7%

Sellers 36
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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

Builders are partnering with mortgage lenders to deliver lower interest rates, either through temporary or permanent rate-busting promotions. Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) It’s a 3-bedroom, 1.75-bathroom