A Step Towards Justice and Homeownership As of July 1, 2024, the Covenant Homeownership Program is officially open! This program, championed by the Housing Development Consortium, the Black Home Initiative, Rep. Jamila Taylor, Sen. John Lovick, and Rep. Frank Chopp, aims to address historical housing discrimination in Washington state. Passed with bipartisan support, the Covenant […]

Homes sold below their list price at the peak of the housing season, a shift that could tip the real estate market in favor of buyers, according to Redfin. During a four-week span in May and June, the typical home sold for 0.3% less than its asking price, Redfin reports. This is significant because, in […]

Home values across Western Washington are generally on the rise for 2024, but the increase varies by community. Meanwhile, many office spaces and condos are experiencing a decline in value. “After dramatic fluctuations in the residential market during the COVID years, values have returned to a steady level of increase,” stated King County Assessor John […]

Mortgage demand has hit a three-month low as rates start to climb once more. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $766,550) edged up to 7.05% from 7.01%. This uptick followed a brief period of lower rates throughout much of May. This slight increase, the first in four […]