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Daily Blog Posts NWMLS King County Housing Market 2025: Single-Family vs. Condo Trends Single-Family Homes: More Supply, Stable Prices King County’s single-family housing market saw a significant inventory expansion in 2025. Active listings increased nearly 42% compared to the prior year. New listings also rose more than 10%. However, closed sales declined 2.9%. Therefore, higher inventory did not translate into higher transaction volume. Even so, prices remained resilient. […]
Daily Blog Posts 2025 Statewide NWMLS Annual Recap 2025 NWMLS Sales Recap: What the Data Means for Puget Sound Northwest MLS brokers reported 67,929 residential and condominium sales in 2025, totaling more than $55 billion in closed volume. Sales increased by only 0.21% from 2024, confirming that market activity remained largely unchanged. Median prices also showed minimal movement. The median sale price reached […]
Daily Blog Posts PROPOSED Tax Changes in Housing to Address Affordability What Housing Tax Proposals Are Actually on the Table? Housing affordability has pushed tax policy back into the spotlight. However, it’s important to separate enacted law from policy discussion. Capital-Gains Exclusions for Buyers There is no current legislation allowing first-time buyers to exclude capital gains on investments for down payments.This idea appears mainly in policy […]
Daily Blog Posts Houzz 2026 Kitchen Remodeling Trends Kitchen Renovations Shift Toward Built-In Features in 2026 Kitchen renovations remain one of the most common home upgrades. However, homeowner priorities are changing. New national data shows a clear move toward built-in features and specialized storage. According to the 2026 U.S. Kitchen Trends Study from Houzz, most homeowners now focus on functionality first. As a […]
Daily Blog Posts 2026 Economic Outlook: What Moody’s Baseline Means for Puget Sound Real Estate A 2026 economic outlook with real estate implications for Puget Sound Moody’s Analytics started 2026 by comparing their 2025 forecasts to early results. Their team says they were very close on jobs and GDP. However, they were less accurate on the stock market. Home prices also ran stronger than expected on the FHFA index. What […]
Daily Blog Posts January 2026 Mortgage Rate Update: MBS Purchases & 30-Year Rate Movements Mortgage Rates Moved This Week — Here’s Why Mortgage rates declined slightly this week, driven by a mix of federal policy action and bond market movement. Two developments happened at the same time, and together they influenced how lenders priced mortgages. Policy Action: Mortgage-Backed Securities Support According to a recent HousingWire podcast, **Fannie Mae and […]
Daily Blog Posts November CPI Data Comes in Much Lower Than Expected The November 2025 Consumer Price Index (CPI) report showed inflation slowing more than expected. Headline CPI rose 2.7% year over year. Core inflation, which excludes food and energy, came in near 2.6%. Both figures were below forecasts. The report raised new questions about data accuracy. A recent government shutdown disrupted data collection, which may have […]
Daily Blog Posts Mike Simonsen, Chief Economist at Compass and Founder of Altos Research – 2026 Housing Market Forecast: Inventory Growth and Improving Affordability What’s changing heading into 2026 For the past few years, home sales stayed low while prices kept rising. That made affordability worse. In the Compass 2026 outlook, that pattern starts to shift. More homes are available for sale in many areas. That gives the market more room to function. Why affordability may improve The forecast […]
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Daily Blog Posts October 2025 Unemployment Report: Initial vs. Continued Claims Across King, Pierce & Snohomish Counties The October 2025 unemployment data for King, Pierce, and Snohomish Counties provides critical context at a time when major employers in the region are announcing new workforce reductions. Amazon recently announced more than 2,300 layoffs beginning in January. Meta is planning to lay off 101 employees across Seattle, Bellevue, and Redmond starting in December. Starbucks […]
Daily Blog Posts What a 50-Year Mortgage Could Mean for Housing Affordability in King, Pierce, and Snohomish Counties National discussions around housing affordability have resurfaced with the recent proposal to introduce government-backed 50-year mortgages. The goal is straightforward: extend the loan period to reduce monthly payment burdens for buyers facing high prices and elevated interest rates. While this structure would lower payments modestly, most housing economists, major research organizations, and industry professionals emphasize […]
Daily Blog Posts It’s a good time to buy! I want to bring some optimism to the conversation regarding the market. There are many reasons to argue that now is not the best time to buy a home. The Mariner’s lost, interest rates are at 20-year highs, inflation is high and there’s global uncertainty. In the midst of all that, there’s opportunity. Like Warren […]
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