By Michele Lerner September 10 High prices and a limited number of homes for sale have been the hallmarks of the Washington area’s housing market for years. Even as other markets nationwide have experienced increases in the number of homes for sale and slowing price increases, the capital region remains a seller’s market in many neighborhoods. […]

The average July home sales price there was $375,000 – more than $20,000 above the average at the same time last year, for an increase of 5.6 percent. Not only that, but nearly half of the homes in Tacoma – some 46.8 percent – were sold above their list price in July. Homes sold quickly […]

The market in our region appears to be moderating. Inventory is up, prices are relatively stable and homes are taking a bit longer to sell. However, with less than two months of available inventory, supply is still far short of demand. Steady buyer activity, low interest rates and a thriving economy are making for a […]

Architects and developers building across much of Seattle will soon have to meet the city’s new Mandatory Housing Affordability (MHA) requirements, a set of rules passed with a spate of recent comprehensive zoning changes designed to ensure that “new commercial and multifamily residential development contributes [new] affordable housing.” The MHA regulations were approved this spring and are […]