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Recovery Slows, but Remains Steady

It may feel as if the housing recovery is slowing to certain finality, but its overall health is still improving.  Existing home sales have been declining monthly and new homes starts have fallen flat – but year over year, the local housing market is still showing growth. As we see areawide increases in price cuts and accessibility begins to improve, the market will continue to strengthen as affordability constraints ease up, even as mortgage rates continue to rise.

The Transition to a Buyer’s Market

Surges in both mortgage rates and demand, coupled with a lack of supply, brought steady hikes in sale prices in 2018. While 2019 will continue to bring healthy growth, home value increases will…

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Sorting out the myths and the facts

Originally published December 21, 2018 at 6:01 am Updated December 21, 2018 at 9:23 am A home for sale north of Seattle’s Roosevelt neighborhood has a sign added to the bottom informing buyers that the asking price has been lowered. (Greg Gilbert / The Seattle Times) A home for sale north of Seattle’s Roosevelt neighborhood has a sign added to the bottom informing buyers that the asking price has been lowered. (Greg Gilbert / The Seattle Times)

There are a lot of theories to explain King County's recent real estate cooldown — from interest rates to foreign buyers to Seattle falling apart — and the data shows some have merit while others are likely fiction.

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By Mike Rosenberg Seattle Times real estate reporter

After years of skyrocketing home prices, why has King County’s real estate market begun going in the opposite direction?

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