Items Tagged with 'Seattle'

ARTICLES

  • Redfin expands home selling options in Seattle, will clean and stage home, too

    For an additional fee, of course
    Last year, Redfin rolled out a new service called "Redfin Concierge," where the online brokerage will "deep clean" and stage a home on a homeowner’s behalf to aid in the sale of the property, all for a 2% listing fee. The program originally launched in Los Angeles and Washington, D.C., before expanding into San Francisco in February of this year. And now, Redfin is bringing the enhanced listing program to its own backyard of Seattle.
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  • Redfin: Homes keep getting cheaper

    In October, the number of homes dropping in sale price reached an 8-year high
    In October, home-sale prices climbed 4.5%, however the percentage of listings that experienced a price drop of more than 1% reached an 8-year high, according to new data from Redfin. Redfin Chief Economist Daryl Fairweather said home sellers are realizing buyer demand isn’t what it used to be and are lowering their prices.
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  • Redfin: Home prices post smallest increase in 6 years

    Buyers turning to the Midwest and South for affordable homes, lower cost of living
    In September, home prices posted the smallest increase in six years, according to the latest data collected from Redfin. Redfin Chief Economist Daryl Fairweather said rising mortgage rates, paired with already high home prices, are giving pause to homebuyers in expensive West Coast markets.
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  • Redfin: Number of homes selling above list price drops

    Only 23% of homes sold for more than asking
    In the four weeks ending on September 23, homes that sold above asking price dipped below 2016 levels, according to the latest data from Redfin. Redfin Senior Economist Taylor Marr the fact that fewer homes are selling above their asking price is another indication that competition is getting less intense than it has been in recent years.
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  • Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

    Buying 16 Class-B properties in Seattle, Portland, Los Angeles, and Denver
    With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.
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  • Monday Morning Cup of Coffee: Is the housing market finally slowing down?

    California fires continue to rage
    As we head into the hottest month of the year, is home price growth finally starting to cool down? It looks like it might. For the first time in almost four years, home prices posted three straight months of declines in annual appreciation. But as the housing market cools, California continues to heat up as wildfires sweep across the state, claiming yet more victims.
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  • Direct homebuyer FlyHomes raises $17 million, plans expansion into mortgages

    Funding round led by prominent Silicon Valley venture capital firm Andreessen Horowitz
    There’s a growing player in the burgeoning direct homebuying segment that now boasts the backing of one of Silicon Valley’s top venture capital firms. Seattle-based FlyHomes recently announced that it raised $17 million in its Series A funding round, which was led by Andreessen Horowitz, which previously invested in Facebook, Airbnb, Foursquare, Skype, Twitter, and others.
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  • Case-Shiller reports increase in home price growth

    Experts say rising home prices won’t stop anytime soon
    Home prices increased across the U.S. in February, picking up the pace in annual price gains. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007. And with expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.
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  • King County is king, and counting

    Seattle continues to lead in home price growth
    Seattle's rate of real estate appreciation has topped the national charts for more than a year and, based on the latest quarterly forecast from Veros Real Estate Solutions, will stay there for the next 12 months. Here is a breakdown on real estate growth in Washington's King County.
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