Home Buyers

Over the recent past, higher mortgage rates cooled the real estate market in Washington and elsewhere across the country. But home loan rates have been trending downward lately, and some economists expect this to continue into 2025.'

According to a Seattle Times report published earlier this year, there were more accessory dwelling units (ADUs) built in 2022 than detached single-family homes. That was the first time in Seattle's history that ADUs outpaced single-home construction, underscoring the rising popularity of "granny flats" and other accessory dwelling units. The surge in ADU construction in Seattle partly stems from regulatory overhaul. In short, the city has made getting accessory dwelling units approved easier and faster to help ease the ongoing housing shortage.'

Home buyers in the Seattle area might be tired of hearing about tight inventory conditions and other challenges. It can be wearying. But if you're planning to enter the Seattle real estate market in 2025, you'll want to have a clear understanding of current market conditions. Here's an update on the housing inventory situation in Seattle and what it might mean for homebuyers in 2025.'

A recent report showed that the San Diego real estate market experienced the most significant annual increase in home prices over the past year. It also experienced significant inventory declines during that same timeframe. But what does this mean for homebuyers in 2025? What's the general outlook and forecast for the San Diego real estate market extending into 2025? '

The Seattle metro area housing market seems to have undergone yet another shift over the past few months. After cooling down during much of last year, the local real estate scene has been warming up again lately. The latest evidence can be found in a new report published by analysts at Realtor.com. It showed an ongoing decline in real estate listings with a price reduction. This suggests that Seattle-area sellers are less inclined to reduce their asking prices compared to a year ago.'

What's the general outlook and forecast for the Denver, Colorado, housing market in 2025? Will the Mile High City hit a plateau next year regarding home-price growth? Or will house prices climb again now that they're past the post-pandemic doldrums? While it's difficult to offer real estate market predictions with complete accuracy, the Denver-area housing market seems likely to experience steady price gains in 2025.'