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Daily Blog Posts Puget Sound Housing Market Update: Buyers Hold the Leverage (July 6, 2026) Puget Sound Housing Market Update: Buyers Hold the Leverage (Week of July 6, 2026) Quick answer: The Puget Sound housing market favors buyers this week. Across King, Pierce, and Snohomish counties, the regional median list price sits at $925,000. Yet buyers are actually paying about $792,980. That is a 14.27% gap between asking and closing. […]
Daily Blog Posts Regional Housing Market Update — Week of June 29, 2026: Rates Dipped, But Buyers Still Hold the Cards What is the Seattle housing market doing right now? As of the week of June 29, 2026, the answer is straightforward: mortgage rates eased slightly, but housing across King, Pierce, and Snohomish counties is still soft, and buyers continue to hold leverage. Sellers who want to close need to price to reality. Here’s the full […]
Daily Blog Posts Regional Housing & Macroeconomic Update What is the Seattle housing market doing right now? In short, it’s moving in favor of buyers. As of the week of June 22, 2026, buyers have leverage and sellers need to price to reality. The data across the Seattle-Bellevue-Tacoma single-family market tells a consistent story, and below is the full breakdown for buyers, sellers, […]
Daily Blog Posts Someone Very Important Just Turned Hawkish Last week was an interesting one. First, we had a handful of housing reports beat market expectations despite higher rates. Home builder confidence, building permits, housing starts, and pending home sales all surprised the market to the upside. I’ll also add that the purchase application index, according to the Mortgage Bankers Association, was up 8% […]
Daily Blog Posts What Last Week’s Seattle Housing Data Says About the Market in King, Pierce, and Snohomish County Intro: Understanding Last Week’s Real Estate Dynamics The housing market across the greater Seattle–Tacoma–Everett region flashed a highly consistent signal last week. Data shows that buyers are steadily accumulating leverage, while sellers face an increasing need to align their pricing expectations with current market realities. Consequently, navigating this landscape requires separating optimistic listing metrics from […]
Daily Blog Posts Week 18 Housing & Macroeconomic Market Update: What Buyers and Sellers Need to Know This Week Executive Summary This week’s market data shows a wide gap between asking prices and pending prices in the Seattle-Bellevue-Tacoma market. Sellers are asking a median of $899,950, while pending homes are at $779,000, which creates a 13.4% gap. That gap tells a simple story: buyers are negotiating, and sellers who overprice are getting corrected fast. […]
Daily Blog Posts The “Natural Brake”: Why Rates Aren’t Spiraling The headlines out of the Strait of Hormuz have been intense. Oil has surged toward $100, inflation just ran hotter than expected, and there’s a lot of noise about what this means for interest rates and the housing market. This week’s data shows exactly how inflation and the housing market are tied together through interest rates, growth, […]
Daily Blog Posts The Latest Data on Mortgage Applications, Mortgage Rates and Inflation Expectations National Mortgage Activity Shows a Market in Pause Mode The latest mortgage data reveals subtle shifts, but no major directional change. Overall activity declined slightly, signaling a market that is stabilizing rather than accelerating. Mortgage Demand Softens Slightly According to the Mortgage Bankers Association, the Mortgage Market Composite Index fell 0.8% week-over-week. This decline indicates […]
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Daily Blog Posts Mortgage Application Data: Weekly Data Down but Year-over-year data is up Understanding Mortgage Indexes: What the Latest Data Really Shows The latest report from the Mortgage Bankers Association shows a 10.9% decline in mortgage applications. However, this headline number reflects multiple components that should be analyzed separately. The Three Key MBA Indexes The Market Composite Index measures total mortgage application volume. This index declined 10.9% week […]
Daily Blog Posts Mortgage Applications Rise as Rates Hit 2026 Highs Mortgage Demand Rises Despite Higher Rates Mortgage applications recently increased 3.2% week-over-week and 11% compared with the same time last year. This increase occurred even as mortgage rates moved up to 6.35%, according to Mortgage News Daily. These numbers show that borrowing activity remains active despite higher financing costs. What Rising Applications Suggest Mortgage application […]
Daily Blog Posts Speeches by Fed Presidents, John Williams, Jeff Schmid, and Neel Kashkari Federal Reserve Signals Patience as Inflation Holds Above Target On March 3, three Federal Reserve regional bank presidents shared updated perspectives on inflation, growth, and interest rates. Their remarks provide insight into how policymakers view the economy heading into upcoming Federal Open Market Committee discussions. While each official emphasized different risks, the overall message was […]
Daily Blog Posts Waller’s Feb 2026 Fed View: PCE, GDP, Yields, March Call Waller’s Feb 23, 2026 Message: Solid Growth, Fragile Labor Federal Reserve Governor Christopher Waller said on February 23, 2026 that the U.S. economy is growing solidly overall. However, he also described the labor market as fragile. That caution follows an exceptionally weak 2025. Waller noted that net job creation was near zero or negative outside […]
Daily Blog Posts Economic Reports Points Towards Stability for Housing Important Economic Data from This Week The latest economic reports confirm a resilient but cooling national economy. January payrolls rose by 130,000. That exceeded expectations of roughly 55,000 to 70,000. The unemployment rate dipped to 4.3%. However, benchmark revisions significantly reduced 2025 total annual job growth from approximately 584,000 to 181,000 (very low in historical […]
Daily Blog Posts Mortgage Rates Stayed Stable After the Jobs Report Why Mortgage Rates Stayed Stable After the Jobs Report The latest jobs report showed 130,000 new jobs added. Unemployment fell to 4.3%. At first glance, this data appears strong. Normally, strong labor data can pressure interest rates higher. However, bond markets reacted cautiously. As a result, mortgage rates did not spike sharply. Here’s what influenced […]
Daily Blog Posts Mortgage Rates Dip as Markets Brace for Jobs Report Mortgage Rates Hit 3-Week Lows — Here’s What Drove the Drop and What Comes Next Mortgage rates declined to their lowest levels in more than three weeks following a downbeat Retail Sales report that signaled weaker consumer spending. According to Mortgage News Daily, the softer data prompted a bond market rally, easing Treasury yields and […]
Daily Blog Posts US Spring Housing Market Signals Spring Housing Signals: What an Economist Is Watching for 2025 Spring momentum is showing up in weekly housing data. However, the changes look measured. They do not look like a boom. These insights come from Mike Simonsen, Chief Economist at Compass, who discussed current conditions using Altos Research weekly market data in a recent podcast […]
Daily Blog Posts Fed Keeps Rates Steady & What That Means for Housing Fed Signals Stability Today — With a Looser Policy Path Emerging The Federal Reserve held interest rates steady at today’s FOMC meeting. However, Chair Jerome Powell’s remarks offered meaningful insight into where policy may head next, especially for interest-rate-sensitive sectors like housing. Growth Outlook Strengthens Into 2026 Powell stated that economic growth has started the […]
Daily Blog Posts Federal Housing Administration (FHA) is Financially in Great Shape & Why It Matters The FHA’s Insurance Fund Is Stronger Than Many Think The Federal Housing Administration plays a major role in the housing market. It insures mortgages made to buyers who often have lower down payments. To protect lenders, the FHA uses an insurance pool called the Mutual Mortgage Insurance (MMI) Fund. This fund collects mortgage insurance premiums […]
Daily Blog Posts King County Single-Family Market Update King County Housing Market: Why Price Point Matters More Than Headlines The King County single-family housing market remains stable as January 2026 comes to a close. According to the Market Action Index, the overall market sits at 44, which indicates balanced conditions leaning slightly toward sellers. However, that headline number masks meaningful differences across price […]
Daily Blog Posts Snohomish County Real Estate Market 2025: Homes vs Condos Snohomish County Housing Market Review: 2025 Single-Family Homes vs. Condominiums Snohomish County’s 2025 housing data highlights a year of transition. While overall inventory increased and sales slowed slightly, market conditions varied significantly between single-family homes and condominiums. Single-Family Homes: More Supply, Stable Prices New single-family listings increased 5.5% year over year. Active inventory climbed 50.1%, […]
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