Real Estate MARKET Update
The biggest shift in today’s market is buyer behavior. Unlike the urgency-driven market of recent years, buyers are taking more time, being more selective, and focusing on finding the right home rather than rushing into a decision. Location, condition, layout, updates, and lifestyle features have become major deciding factors.
Seattle and the Eastside continue to show long-term strength despite concerns around tech layoffs and AI. While the industry is evolving, continued investment from major companies and a diverse regional economy provide stability and future growth opportunities.
Today’s market is selective, not weak. Well-priced, well-prepared homes with strong marketing continue to attract buyers, while overpriced or outdated properties are taking longer to sell. Sellers need a strategic approach, and buyers have more opportunities to make thoughtful decisions.
One trend worth watching is new construction townhomes, which are becoming an increasingly attractive option as rising land and construction costs make detached homes harder to build affordably. Modern townhomes offer desirable locations, energy efficiency, lower maintenance, flexible layouts, and amenities like rooftop decks and outdoor spaces.
Looking ahead, questions remain about buyer confidence, inventory levels, AI’s impact on the economy, and future housing trends. However, the long-term outlook for Seattle and the Eastside remains positive. The market has changed, and success now comes from having the right strategy—whether buying, selling, or investing.
Real Estate News
The process of buying a home can feel intimidating, whether it’s your first real estate purchase or you’ve been around the block before. … However, if you know what to expect and how to prepare for each stage of buying a house, there’s no need to feel overwhelmed. Use our step-by-step checklist to make the process easier to manage. Continue Reading…
It can be nerve-wracking to make an offer on a house knowing that the purchase might fall through if you can’t sell your current home in time. Worse, a seller might overlook your offer in favor of someone who’s got cash in hand. One solution is to take out a bridge loan, which allows you to draw on your home equity to make your next real estate purchase. Continue Reading…
SEATTLE – Washington homebuyers finally have breathing room as active listings surged to a 2026 high in June, the Northwest Multiple Listing Service reported. According to the NWMLS June 2026 Market Snapshot, active listings climbed 16.4% year over year to 23,088, while the state’s median sales price for homes and condominiums held steady at $650,000 – a 3% dip compared to June 2025. Continue Reading…
Mortgage & Finance
The 30-year fixed-rate mortgage averaged 6.66% this week. The housing market continues to benefit from more available inventory, providing prospective homebuyers with additional options and helping support buyer activity as mortgage rates fluctuate. Continue Reading…
One of the most useful indicators for predicting mortgage rates is the yield on the 10-year U.S. Treasury note. Mortgage rates and 10-year Treasury yields typically move in the same direction, although mortgage rates are usually higher because lenders factor in additional risks. This difference between the two is known as the spread, and we’ll account for that when estimating where mortgage rates could go. Continue Reading…
Mortgage rates have been above 6% for the majority of 2026, and have hovered right around 6.5% over the last few months. While these are not the highest rates borrowers have seen in the last few years, they’re not particularly ideal, either. At an average mortgage rate of 6.625%, a median-priced home of $403,200 would come with a monthly payment of nearly $2,600 on a 30-year loan. Continue Reading…
Local Happenings
August is a wonderful time to experience everything Washington has to offer before summer begins to wind down. Spend the month discovering new traditions at the Bellevue International Festival, enjoying a fun outing with your furry companion at the Dog Pack Walk in Downtown Seattle, or reconnecting with nature during one of the Monthly Nature Walks in Sammamish. Whether you’re exploring local events, meeting new people, or simply taking in the beauty of the Pacific Northwest, it’s the perfect season to get outside, stay active, and create lasting summer memories.