Newsy Real Estate Links

Current Links to Real Estate News

“How beautifully leaves grow old. How full of light and color are

their last days.”

– John Burrows
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‘Queen of real estate’ Wendy
Lister dies at 83
Luxury real estate broker Wendy Lister, 83, died peacefully in
the early morning hours Tuesday with her family at her side.
https://www.bizjournals.com/seattle/news/2019/10/03/real-estate-wendy-lister-dies-coldwell-banker-bain.html
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Paul Allen’s Beverly Hills
returns to the market with $40M
price cut
Back on the market for $110M, a 120-acre parcel owned by the
late co-founder of Microsoft, Paul Allen, is discounted from last
year’s price of $150M.
https://www.seattlepi.com/realestate/article/Paul-Allen-s-110M-Enchanted-Hill-in-Beverly-14509847.php
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No. 1 ranked Coldwell Banker
affiliate buys Bend real estate
company
Coldwell Banker Morris Real Estate of Bend was sold last
month to Coldwell Banker Bain, a brokerage based in Bellevue,
Washington. Details of the sale were not released.
https://www.bendbulletin.com/business/7484067-151/no-1-ranked-coldwell-banker-affiliate-buys-bend
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Apartments for rent in Seattle:
What will $2,900 get you?
We’ve rounded up the latest places for rent via rental sites
Zumper and Apartment Guide to get a sense of what to expect
when it comes to finding apartment rentals in Seattle if you
don’t want to spend more than $2,900/month on rent.
https://www.seattlepi.com/news/article/Apartments-for-rent-in-Seattle-What-will-2-900-14499541.php
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These are the best real estate
prospects of 2020
#10. Seattle
https://www.foxbusiness.com/markets/best-markets-2020
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Emerging Trends in Real Estate®
“Right now, the real estate markets are positive. Cities that have
invested in
significant infrastructure can move the needle in terms of
returns.”
https://ulidigitalmarketing.blob.core.windows.net/emergingtrendspdfs/ET2020FallMeeting.pdf
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Where Tech Tycoons Live
Outside Seattle
On the eastern shore of Lake Washington, Medina is a sleepy
residential enclave across the water from Seattle. It was
incorporated in 1955. At first glance, the roughly 1.4-square-
mile city of about 3,000 people is decidedly unassuming.
https://www.wsj.com/articles/where-tech-tycoons-live-outside-seattle-11570550940
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Lessons From Listing Photos: A
Portland Home Goes Modern,
Nearly Triples in Value
The home is tucked among the trees, but all that gorgeous
foliage doesn’t mean a thing when the inside of the house is
cramped and stuck in the 1960s.
https://www.mysanantonio.com/realestate/article/Lessons-From-Listing-Photos-A-Portland-Home-Goes-14503186.php
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Pierce County home prices up 9
percent from 2018. Gig Harbor
has highest local rents
The Seattle real estate ripple effect continues for Tacoma.
https://www.thenewstribune.com/news/business/real-estate-news/article235887472.html
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Sales slow for pricey homes in
Seattle area, but some spots
sizzling; see what’s happening
near you
It’s fall, and that means home sales are slowing down — except
where Seattle-area buyers can get more house for less money.
https://www.seattletimes.com/business/real-estate/sales-slow-for-pricey-homes-in-the-seattle-area-but-modestly-priced-houses-are-still-hot/
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New Expedia Seattle HQ
welcomes first new employees
It’s moving day for scores of Expedia employees who are
making their inaugural commute to work in Seattle as opposed
to Bellevue.
https://komonews.com/news/local/new-expedia-seattle-hq-welcomes-first-new-employees
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Untouched Midcentury Modern
Gem in Palo Alto Snapped Up in
2 Weeks
An untouched, midcentury modern home in Palo Alto, CA—for
sale for the first time in over 50 years—has found a buyer after
less than two weeks on the market. The classic beauty was
listed for $2.65 million.
https://www.realtor.com/news/unique-homes/untouched-midcentury-modern-home-palo-alto-pending-sale/
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30 Words to Include and Avoid
in a Resume
Your resume is your first opportunity to make a good first
impression, and you don’t have much time to make that
impression.
https://www.thebalancecareers.com/top-words-to-include-and-avoid-in-your-resume-2063329
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The Property Brothers Reveal
the Next Big Kitchen Trend
(Hint: It Moves)
A kitchen island beats a peninsula
https://www.realtor.com/advice/home-improvement/property-brothers-reveal-the-next-big-kitchen-trend/
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Here are the hottest real estate
markets of 2019
Looking for the hottest real estate markets? Try heading out west.
https://www.foxbusiness.com/markets/hottest-real-estate-markets
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Top Green Features Millennials
Want in a Home
Energy Star®-rated appliances are the green feature that
Millennials want the most in a home (75 percent), according to
an NAHB report

Top Green Features Millennials Want in a Home


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Think Seattle’s rich? This
Eastside city tops census list
of richest U.S. cities
After my last column on Seattle’s soaring incomes, I heard
from a lot of readers who were dismayed at the prospect of the
city becoming a playground for the wealthy.
https://www.seattletimes.com/seattle-news/data/think-seattles-rich-this-eastside-city-tops-census-list-of-richest-u-s-cities/

“For me, on the residential side of transactions and on the buy-
side in particular, these transactions are infrequent, they’re not
standard to the buyer, and they’re a deeply emotional process.
There’s a human touch that cannot be financialized out.”

– Elie Finegold

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The Layouts Millennials Want in
a Home and Other Preferences
What kind of layout do Millennials envision for their home? A
plurality of Millennials – 43 percent – want a completely open
layout for their family room and dining room, a higher share
than any other generation, according to an NAHB report, What
Home Buyers Really Wan

The Layouts Millennials Want in a Home and Other Preferences


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As housing costs soar, Seattle’s
young adults taking longer to
live on their own
SEATTLE – Young adults in Seattle and across the nation are
moving out on their own later in life than in previous generations
– if they move out at all – and the high cost of housing and
education appears to be a major factor in that change, according
to a report released Tuesday.
https://komonews.com/news/local/as-housing-costs-soar-seattles-young-adults-taking-longer-to-live-on-their-own
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Tacoma, Seattle lead nation in
home equity value earned since
2012
SEATTLE – People who bought homes in the Puget Sound region
at the bottom of the housing market in 2012 have earned billions
of dollars in home equity since then, with Tacoma leading the
nation in percentage increase and Seattle coming in at No. 2 in
the country in total dollar increase.
https://komonews.com/news/local/tacoma-seattle-lead-nation-in-home-equity-value-earned-since-2012
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Real-estate seers expect a
strong 2020 in Seattle, though
not so much for housing
It doesn’t drill deep into the future of residential real estate —
what might happen with home prices or rents. But real estate is
a major part of the economy.
https://www.seattletimes.com/business/real-estate-seers-expect-a-strong-2020-in-seattle-though-not-so-much-for-housingattle/
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7 ways telecommuting has
changed real estate
As wireless technology changes how and where people do their
jobs, giving many the freedom to work remotely at least part of
the time, so too is it changing their thinking about real estate.
https://www.seattletimes.com/explore/nwhomes/7-ways-telecommuting-has-changed-real-estate/
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What to know about buying a
co-op apartment in Seattle
What’s a co-op—and could cooperative living be for you?
https://seattle.curbed.com/2019/9/26/20885583/housing-cooperative-seattle-homebuying-guide
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Kurt Cobain and Courtney Love’s
former Seattle home is for sale
The 117-year-old house was quietly put on the market—for the
first time since Love sold it
https://seattle.curbed.com/2019/9/26/20884357/kurt-cobain-nirvana-courtney-love-house
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Deconstructing Portland
Can a first-of-its-kind ordinance save some of what makes
Portland so special?
https://www.curbed.com/2016/10/13/13193952/portland-craftsman-houses-preservation-deconstruction
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Facebook grows to 5,000
employees in Seattle region,
opens its 18th office at
downtown tower
Facebook’s footprint in the Seattle area continues to grow as the
social media giant now employs more than 5,000 people across
the region.
https://www.geekwire.com/2019/facebook-grows-5000-employees-seattle-region-opens-18th-office-downtown-tower/
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GeekWire 200 startup index
analysis shows hottest
industries emerging from Pacific
Northwest
The latest highlights and hottest startups from the GeekWire
200, our monthly ranking of Pacific Northwest tech companies.
Click here for the full GeekWire 200 ranking.
https://www.geekwire.com/2019/geekwire-200-startup-index-analysis-shows-hottest-industries-emerging-pacific-northwest/
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Will tech make realtors
obsolete? Investors debate the
future of real estate
“While I do think that there are certainly some parts of the
business that are going to be disintermediated, my thesis is that
disintermediation happens when transactions are frequent, when
they’re standard, and when they’re relatively small, either
financially or emotionally to the parties involved,” Finegold said.
“For me, on the residential side of transactions and on the buy-
side in particular, these transactions are infrequent, they’re not
standard to the buyer, and they’re a deeply emotional process.
There’s a human touch that cannot be financialized out.”
https://www.geekwire.com/2019/will-tech-make-realtors-obsolete-investors-debate-future-real-estate/
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Condo towers near Amazon HQ
to include geeky amenities such
as co-working space, gaming
room
Amazon’s reimagination of the neighborhood around its urban
headquarters in Seattle is apparently infectious, as a new condo
development planned for a block away from The Spheres will
feature a slew of geeky amenities apparently aimed at attracting
tech workers.
https://www.geekwire.com/2019/condo-towers-near-amazon-hq-include-geeky-amenities-co-working-space-gaming-room/
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Denny Blaine mid-century home
gets striking makeover, and can
be yours for $2.2M
A mid-century abode interpreted for this century, this artistic
home in Denny Blaine wants $2.195 million.
https://www.seattlepi.com/realestate/article/Denny-Blaine-mid-century-gets-striking-makeover-14467174.php
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The 10 US cities most
vulnerable to a housing
downturn when the next
recession happens
When it comes to real estate, there are several key factors that
help forecast which housing markets will be the most vulnerable
when the next recession hits — whether it happens now or ten
years from now.
https://www.businessinsider.com/us-housing-markets-most-vulnerable-next-recession-2019-9
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Here are 99 great places to
work in Oregon and SW
Washington: Top Workplaces
2019
For the past eight years, The Oregonian/OregonLive and
Energage, a Philadelphia-based employee research and
consulting firm, have partnered to determine the Top
Workplaces in Oregon and southwestern Washington based
solely on employee survey feedback.
https://www.oregonlive.com/news/g66l-2019/09/1b695416dc9728/here-are-99-great-places-to-work-in-oregon-and-sw-washington-top-workplaces-2019.html
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Pending Home Sales Rebound in
August
The Pending Home Sales Index (PHSI), reported by the National
Association of Realtors (NAR), is a forward-looking indicator
based on signed contracts. The PHSI rose 1.6% from 105.6 in July
to 107.3 in August, the second-highest level since 2018. On a
year-over-year basis, sales were 2.5% higher than a year ago.

Pending Home Sales Rebound in August


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Real Estate’s Market Value
Shows Minimal Growth in Q2
2019
The recently released Federal Reserve’s Z.1 Financial Accounts
of the United States report (formerly known as the Flow of Funds
report) shows the latest transactions in households’ balance
sheets as they occurred in the second quarter of 2019.

Real Estate’s Market Value Shows Minimal Growth in Q2 2019


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Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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“Yours is the light by which my spirit’s born: – you are my sun, my moon, and all my stars.”
― e. e. cummings
 
Home Buyers Seeking
Affordability Are Expanding
Search Outside Greater Seattle
Job Centers
 
Depleted inventory continues to frustrate would-be buyers in
Western Washington. Many of these potential homeowners are
expanding their search beyond the major job centers in King
County, according to market watchers who commented on the
latest statistics from Northwest Multiple Listing Service.
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The market’s chilled out, but
Seattle home prices still too hot
for many first-time buyers
Seattle lost the title of the nation’s hottest housing market in
August 2018 — but looking at home prices, which have stayed
sky-high, that might be hard for shoppers to believe.
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The California Real Estate Boom
Is Over. What Now?
If you had invested in a property in San Francisco five years ago
and cashed out in 2019, you would have made a 50% profit,
never mind the rental income. But if you had bought a year ago
and sold today you would have made exactly zero. Will other
tech economies follow suit?
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Home prices in Pierce, Thurston
take off as Seattle real estate
comes off ‘sugar high’
King County’s housing demands are continuing to have a pricey
ripple effect in Pierce County and elsewhere, with home prices
rising at a sharper clip in the Tacoma area than Seattle, based
on year-over-year data.
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Supply problems make real
estate headaches for buyers in
Puget Sound
According to the latest report from the Northwest Multiple
Listing Service, experts are finding many potential home-buyers
are expanding their search beyond the major job centers in King
County as a result of the crunch on supply in the month of
August.
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Road Trip(s): Enjoying the
Northwest’s last vestiges of
summer
The “end” of summer in the Pacific Northwest is frequently
followed by the welcome return of summer, a few glorious
weeks before the gray gloom, pre-5 p.m. sunsets and showers
of November.
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The Hottest Markets in August
Include Some You’ve Never
Heard Of
The hottest real estate markets in America right now are
smaller cities that most folks probably wouldn’t be able to
find on a map.
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The do’s and don’ts of staging
your home for sale
For most sellers, some level of staging is particularly important
when it comes to a slower market. Leaving some furniture or
decor in the home can show scale and also make interiors
appear more inviting, and therefore more appealing, to home
shoppers.
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The Home Staging Report
the National Association of Realtors (NAR) reveals that about
81 percent of buyers think home staging can make it “easier to
visualize the property as a future home” and 46 percent are
more inclined to “walk through a home viewed online.”
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California approves rent control
amid housing crisis
California’s legislature has approved statewide rent control in an
effort to ease the housing crisis and burgeoning homeless
population across the state.
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A Real Housing Economist
Speaks
When I think of my writing about housing economics, I
sometimes think about one of the earliest memes in my memory:
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On the market: Dog-gone crazy
homes with perks for pups
Just as you might want an exercise room in your home, even
though you could really work out anywhere, your dog might
want a private place to stay fit, too.
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Why it’s easier than ever for
new Amazon tech hires to buy
homes in Seattle
As if highly paid Amazon employees needed another helping
hand, some lenders are making it easier for the company’s new
tech hires to qualify for home loans.
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CPI Growth Slows in August
The Bureau of Labor Statistics (BLS) reported that the
Consumer Price Index (CPI) rose by 0.1% on a seasonally
adjusted basis in August, slower than the 0.3% increase in July.
Excluding the volatile food and energy components, the “core”
CPI increased by 0.3% in August, the same increase as in the
previous two months (June and July).
New data released by the U.S. Census Bureau and the
Department of Housing and Urban Development, combined
with recent NAHB survey data, show a mismatch between the
actual prices of new homes and the prices buyers expect to
pay—providing further evidence for the growing problem of
housing affordability
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New Home Price Data
Underscore Affordability
Problems
New data released by the U.S. Census Bureau and the
Department of Housing and Urban Development, combined
with recent NAHB survey data, show a mismatch between the
actual prices of new homes and the prices buyers expect to
pay—providing further evidence for the growing problem of
housing affordability
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U.S. Home Values Are Highest
Where the Weather Is Best
Coastal California cannot be beat when it comes to high home
prices – and nice weather. The moderating effect of the Pacific
Ocean on temperatures helps give the lucky residents of coastal
California metros more pleasant days per year than any other
part of the country. Sunnier SoCal especially takes the cake, with
Ventura, Calif., logging just over 300 pleasant days a year,
followed by San Diego and Santa Barbara.[
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Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
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CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
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Bureau of Economic Analysis
U.S. Economy at a Glance
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   

 

 

 

 

 

 

 

 

“You become what you think about most of the time
… so think about what you want to accomplish.”
– Earl Nightingale
 
No WIKLI News Links Next Week!
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Will the U.S. Housing Market
Continue to Rise in 2020?
This was the most common question sent in by readers
(along with variations of the theme). Will the housing market
continue to rise? Will home prices continue to climb? Will the
real estate market keep going up? Apparently, this is something
on the minds of a lot of Americans.
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Mortgage demand falls as
interest rates flatten
After a rush on refinances, homeowners took a breather last
week, despite still seeing the lowest interest rates in about three
years.
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Robert Shiller says the Fed’s
rate cut had the opposite
intended effect, sparked
recession alarm
Nobel-winning economist Robert Shiller is taking issue with the
Federal Reserve’s rate cut in July, saying it caused psychological
harm to the markets.
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The inverted yield curve is doing
something weird to mortgage
rates
It is therefore very odd to suddenly see ARMs showing
higher interest rates than the traditional 30-year fixed,
which is what Bankrate.com is currently showing for
average purchase mortgage rates. Refinance rates are
still lower for ARMs.
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Neighbor is out to disrupt
self-storage: It’s like Airbnb for
your stuff
Got extra stuff? Got extra space? A new company is ready to
make a match. Neighbor, based in Salt Lake City, connects
homeowners online with people who need storage space. Its
CEO says the barely 2-year-old company is already seeing 500%
annual growth.
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Amazon HQ2 becomes nation’s
most competitive region for
home buyers as Seattle market cools
Amazon’s future stomping grounds, Alexandria and Arlington,
are the most competitive cities in the country for home buyers,
according to Redfin data. Meanwhile, the housing market in
Seattle, Amazon’s original headquarters city, is cooling after
years defending the distinction of “nation’s hottest housing
market.”
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Facebook sued over alleged housing discrimination
A group of Facebook users have sued the social networking
giant, claiming they and potentially millions of others were
denied access to housing because of the company’s targeted
advertising.
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Modular smart-home startup
Blokable raises $23M, plans new California manufacturing facility
The startup manufactures modular smart home units in a
warehouse in Vancouver, Wash. that can be stacked into
multi-story projects once they are trucked to a project site
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Historic 1900s Bowen Bungalow
yours for $2.42M
A careful remodel of this home has both restored it to its
original glory and remodeled it for modern living.
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Why city dwellers are seeking out second homes in the suburbs
Every other week, they escape to their second home — not at the
beach or deep in the countryside, but 30 minutes away, in the
bedroom community of Midlothian.
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On the market: Portland’s funky fixer-uppers for sale at $1 million or more
The words “sold as is” aren’t normally associated with $1
million houses. But sellers allowing buyers to complete cosmetic
or even structural repairs result in seven-figure fixer-uppers.
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Negative’ Interest Rates Used to Be Unthinkable in the U.S.
—Not Anymore
In a global game of interest rates that have dipped below zero
for the European Central Bank (ECB), France, Germany, and
Japan, there’s always more room to fall. Negative interest rates
have become a regular feature of much of the world’s economy.
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Housing starts slump 4% in July, but there’s one silver lining for the real-estate market
A slowdown in apartment construction prompted the monthly
decline
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The best place in America to get the highest return by renting out your vacation home
Buying a vacation rental doesn’t necessarily mean looking for a
waterfront property
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Wisdom of crowds? Ordinary
Americans beat ‘experts’ in
predicting mortgage rates
It’s always fun to pick on so-called experts, but it might also be
instructive to learn from aggregated survey responses
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Existing-home sales manage to
increase 2.5% in July as lower
mortgage rates alleviate some
affordability constraints
The real-estate market is on shaky footing as the bumper spring
and summer home-buying season begins to draw to a close
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Home-builder earnings may
surprise to the upside despite
the aging cycle
Analysts are split over what to expect, but here are some anticipated highlights
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How much easier was it for
baby boomers to buy a home in
Seattle? Let’s adjust for inflation
Census data shows that in the 10-year stretch from 2007 to
2017, nearly all of the city’s growth among the adult population
(age 25 and up) has come from two groups: millennials and
baby boomers.
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Seattle’s generational divide:
Gap between young, old only
getting wider
July brought some zip to a Portland area housing market
that had been in the doldrums relative to the past few
years, but the rally might prove short-lived.
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Contrasting Built-for-Rent and
For-Sale New Single-Family
Homes
How do homes built-for-rent differ from more common for-sale
new single-family homes? This is an important question given
recent attention on the built-for-rent sector of the residential
construction industry
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The inverted yield curve is
doing something weird to
mortgage rates
It is therefore very odd to suddenly see ARMs showing
higher interest rates than the traditional 30-year fixed,
which is what Bankrate.com is currently showing for
average purchase mortgage rates. Refinance rates are
still lower for ARMs.
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Townhouse Construction
Weaker
According to NAHB analysis of the most recent Census data of
Starts and Completions by Purpose and Design, townhouse
construction slowed during the second quarter of 2019 after a
strong 2018 performance
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Flat Conditions for Custom
Home Building
NAHB’s analysis of Census Data from the Quarterly Starts and
Completions by Purpose and Design survey indicates custom
home building was effectively flat over recent quarters.
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Homebuyer Preferences:
Millennials vs. Other
Generations
A recent study by NAHB reveals that millennials have a much
stronger desire for certain bathroom features relative to older
generations.
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New Single-Family Home Size
Continues Trending Lower
New single-family home size decreased during the second
quarter of 2019 as interest rates declined
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This Arizona Housing Market Is
20% Airbnb Rentals
Airbnb short-term vacation rentals are taking over
Sedona, Ariz., and residents are not pleased about it. In Sedona,
20% of the housing inventory is being offered on Airbnb.
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Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                  
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
 
 
 
 
 
 
 
“Do not regret growing older. It is a privilege denied to many”.
 
___________________________________________________________________________________________________
 
 
As condo prices fall and
inventory rises, King County
shoppers enjoy summer of
plenty
King County condo shoppers who tentatively reentered the
market when it began to slacken in the spring have more
reason to celebrate: A trend of falling prices and rising
inventory solidified as spring turned into summer, according
to monthly real-estate data released Monday.
______________________________________________________________________________________________________________
The future of wealth in the
United States
Boomers will continue to be the wealthiest generation in the
United States until at least 2030
______________________________________________________________________________________________________________
Mortgage rates fall to 3.60%
U.S. long-term mortgage rates fell sharply this week, with the
benchmark 30-year loan touching its lowest level since
November 2016.
______________________________________________________________________________________________________________
Metro Home Prices Increase in
91% of Metro Areas in Second
Quarter of 2019
Most metro areas saw price gains under marginal inventory
growth in the second quarter of 2019, according to the latest
quarterly report by the National Association of Realtors®
______________________________________________________________________________________________________________
Ore. law aims to help housing
crisis
Lawmakers in Oregon hope the state can build its way out of a
severe housing crisis.
______________________________________________________________________________________________________________
US long-term mortgage rates
fall sharply: 30-year at 3.60%
U.S. long-term mortgage rates fell sharply this week, with the
benchmark 30-year loan touching its lowest level since
November 2016.
______________________________________________________________________________________________________________
US 65 most expensive second
quarter home sales Markets
Based on median selling prices of single-family homes in the
second quarter, the National Association of Realtors
______________________________________________________________________________________________________________
iOi Summit (Innovation,
Opportunity & Investment)
Hear the latest from top tech companies in real estate. Find out
what products and services are poised to make a major impact
on the industry. Held in Seattle, Washington beginning with a
welcome reception on Tuesday, August 20 and ending on
Thursday, August 22 at 4pm.
__________________________________________________________________________________________________________
 
States With the Strongest Job
Growth
All states had job gains in June, with the strongest gains in the
South and West states, led by Nevada (3.4%), Utah (3.0%),
Arizona (2.8%), South Dakota (2.7%), Florida (2.6%), 
Washington (2.6%), Texas (2.5%), Idaho (2.4%),
Wyoming (2.3%), and Colorado (2.0%).
______________________________________________________________________________________________________________
State Employment Monitor
In June 2019, most states had a net gain in payroll
employment in the real estate, rental, and leasing
industry (NAICS 53) led by Washington (7.4%). 
Employment and income are key drivers of housing
demand. This report tracks employment and wage trends
and how these trends affect the real estate market and
housing demand
______________________________________________________________________________________________________________
Your Buyers Might Not Face B
idding Wars This Year
Bidding wars are growing a lot less common, real estate pros
report. By one measure, only 11.2% of offers written by Redfin
real estate agents for their clients faced a bidding war in July—
down more than 45% from a year earlier. That is also the lowest
rate since at least 2011.
______________________________________________________________________________________________________________
Home Price Appreciation Slows
in May
Home prices in the second quarter continued to rise in the
majority of housing markets across the country. Ninety-one
percent of 178 metros tracked saw home price gains in the
second quarter, according to the latest report from the
National Association of REALTORS®, released Wednesday.
______________________________________________________________________________________________________________
Home Prices Post More Gains
in Second Quarter
FHFA House Price Index Up 0.1 Percent in May;
Up 5.0 Percent from Last Year
______________________________________________________________________________________________________________
Why Expensive Renovations
May Not Boost Your Sale
 
As modest increases in inventory begin to attract more buyers
to the market, it may seem wise for your sellers to undertake
renovation projects to boost their competitive edge. Kitchen
and bathroom upgrades, for example, are among buyers’ most
desired features and can fetch a handsome return on
investment, according to the National Association of Home
Builders
______________________________________________________________________________________________________________
EVERY BUG IN YOUR HOUSE,
RANKED BY HOW WORRIED
YOU SHOULD BE ABOUT THEM
Research shows that human homes harbor an average of 100
different insect species, regardless of cleanliness or the
presence of pets
______________________________________________________________________________________________________________
Housing Supply Shortage with
Mike Kingsella
7.3 million – that’s the number of units that the country has
underproduced from 2000-2015 according to research from
Up for Growth.
______________________________________________________________________________________________________________
Google’s Seattle-area footprint
skyrockets to nearly 2M square
feet, fueling region’s tech space
race
Google’s appetite for office space across the Seattle region has
intensified in recent years, and it is on the verge of a major
milestone.
______________________________________________________________________________________________________________
TopTen Real Estate Deals
Where Real Estate Is Never Boring
______________________________________________________________________________________________________________
 
National slowdown claims its
first major-city victim: Seattle
home values
Big metro cities like San Francisco, New York, and Los Angeles
are notably absent from realtor.com®’s latest list of the top-
performing housing markets in the country. Instead, more
suburban areas—like Grand Rapids, Mich., and Omaha, Neb.–
are topping the list.
______________________________________________________________________________________________________________
Lower Interest Rates: What
They Mean for Housing and the
Economy
Lower interest rates present an opportunity for the housing
market, which has failed so far to respond energetically to this
positive development due to prior affordability headwinds.
______________________________________________________________________________________________________________
Labor Shortages Still Hurting
Affordability
Labor and subcontractor shortages remained widespread in
July of 2019 and are continuing to impact the industry in a
number of ways—including putting additional upward pressure
on new home prices—
______________________________________________________________________________________________________________
Smart home mapping feature
causes privacy panic, but
should it?
There are few things more sacred to a person’s privacy than
one’s home. For one, it’s enshrined in the Fourth Amendment
of the U.S. Constitution as the “right of the people to be secure
in their persons, houses, papers, and effects, against
unreasonable searches and seizures …”
______________________________________________________________________________________________________________
Roomba vacuum maker iRobot
betting big on the ‘smart’ home
The Roomba robotic vacuum has been whizzing across floors
for years, but its future may lie more in collecting data than dirt.
______________________________________________________________________________________________________________
Preparing for an earthquake?
Make sure you have enough
water, American Red Cross says
Before an earthquake or any natural disaster strikes, the
American Red Cross says you need to be prepared. And that
means having enough water and food.
______________________________________________________________________________________________________________
Millennials shouldn’t need their
parents’ financial help in order
to buy a house
I’m surrounded by millennials. I work with them, I learn from
them, and I’m even the parent of one. The housing specialty
firm I lead employs many of these talented young Americans.
And increasingly, millennials make up a bigger share of home
buyers.
__________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________

 

“Gratitude is when memory is stored in the heart and not in the mind.”
~ Lionel Hampton
Note: No WIKLI news Links next Week
__________________________
____________________________________________________________________________________
Kelsey and Camille Grammer’s
Former Malibu Estate Up for
Sale Again
After selling in 2015 for nearly $13M, the former Malibu home
of Kelsey and Camille Grammer has returned to the market
with an asking price of $19,950,000.
______________________________________________________________________________________________________________
Diverse Neighborhoods Move
Gen Z Homebuyers
Homes.com research reveals striking demographic shifts in
home purchase patterns.
______________________________________________________________________________________________________________
Why city dwellers are seeking
out second homes in the suburbs
Kylie Pak, the 42-year-old owner of real estate investing
company RedBrick Properties, loves living in Richmond,
Virginia. She and her husband eat out at restaurants most
nights, and thrive on the youthful energy around Virginia
Commonwealth University.
__________________________________________________________________________________________________________
 
Seattle is the ‘new Vancouver’
when it comes to Chinese
housing investment
Intensive government interventions creating unfavourable
housing market conditions for foreign investment in Metro
Vancouver have prompted a surge in Mainland Chinese
investors down south to Seattle.
______________________________________________________________________________________________________________
Led by the Chinese, foreigners
are buying dramatically fewer 
American
homes
Despite representing nearly a fifth of all real-estate sales to
foreign buyers, Chinese demand shrank from the previous
year
______________________________________________________________________________________________________________
Moving Out of Seattle, But
Staying in the Region
A few months ago it was reported that King County actually
lost a net of 4,868 residents to other US Counties.  To be clear,
after accounting for births/deaths and international immigrants
moving in, King County actually gained a total of 28,934 net
new residents in the latest 12-month data-set according to the
latest census data
______________________________________________________________________________________________________________
Home prices in Pierce, Kitsap
counties soar year-over-year
as King County prices drop
Buyers frustrated by the King County housing market appeared
to be flocking to Pierce and Kitsap counties in June — even as
corrections to the market appeared to be taking place near
Seattle.
______________________________________________________________________________________________________________
How a shallow fault running
directly below Seattle went
undiscovered for a millennium
And why it a major quake there could be more devastating than
a similar quake along the Cascadia Subduction Zone
______________________________________________________________________________________________________________
Here’s what the recent
earthquakes could do to
California’s shaky housing 
market
Historically, natural disasters cause trouble in housing markets.
Will California prove more resilient?
______________________________________________________________________________________________________________
Mortgage rates rise on
expectation of Fed’s possible
cut in short-term interest rates
Mortgage rates rose this week spurred largely by rising
optimism about the Federal Reserve’s possible move at the end
of the month to cut short-term interest rates.
______________________________________________________________________________________________________________
US housing starts fall; permits
hit two-year low
U.S. homebuilding Opens a New Window.  fell for a second
straight month in June and permits dropped to a two-year low,
suggesting the housing market continued to struggle despite
lower mortgage rates Opens a New Window. .
_______________________________________________________________________________________________________________
Housing Could Turn Around
Weakening Economy
The longest economic expansion in the nation’s history—now
approaching 10 years—may be nearing an end, writes
Lawrence Yun, chief economist of the National Association of
REALTORS®, in his latest column at Forbes.com. But the
housing market could help turn around some sluggish
economic numbers, such as business and consumer spending.
______________________________________________________________________________________________________________
Are Friends the Key to
Happiness?
Researchers were expecting that factors like cholesterol
levels or physical activity would be the greatest predictors
of a long and happy life. They weren’t. It turns out that
having strong personal connections with other people is
most directly correlated to overall happiness, better health
and more contentment
______________________________________________________________________________________________________________
 
Why Multitasking Makes Your
Business Less Efficient
Dividing your attention to complete multiple activities at once
can make you less effective at everything you’re doing.
__________________________________________________________________________________________________________
What’s Your Market’s Median
Home Price?
Zoom in to your metropolitan statistical area to get the latest
quarterly median home price for your market, and its
percentage change from the previous quarter.
______________________________________________________________________________________________________________
Denver, San Jose, Portland:
Where Buying a Home Might Be
a Bad Idea
Today, buying a home in one of these cities might actually be a
bad idea. That’s because home prices have actually declined in
these markets. And some forecasts suggest they’ll continue to
drop through the end of 2019 and into 2020.
__________________________________________________________________________________________________________
Portland’s Hottest ‘Hoods:
Where have homes sold the
fastest?
The time a home spends on the sales market shows the
property’s appeal as well as the desirability of its neighborhood.
______________________________________________________________________________________________________________
Alternative Method to Sell
Your Home Expanding
Zillow announced that Portland, Oregon, has become the 12th
market where it can now directly buy homes, giving
homeowners a new way to sell their properties.
______________________________________________________________________________________________________________
Mortgage Rates Inch Up, But
Buyers Are Still Getting Deals
After three weeks of mostly staying steady, average
mortgage rates rose this week. However, rates still remain
at multiyear lows, keeping borrowing costs low for those
shopping for homes this summer.
______________________________________________________________________________________________________________
The Federal Reserve may cut
interest rates soon, but savings
yields are still rising on some
accounts
If you’re on the hunt for a top-yielding savings account, you’re
still in luck.
______________________________________________________________________________________________________________
We haven’t seen interest rates
this low since before
Hammurabi, so what bonds
should you buy?
Homer’s ambitious research traced interest rates back to
ancient Mesopotamia. Sylla says the best records go as far back
as the famous Code of Hammurabi, ruler of ancient Babylon, in
roughly 1800 BC. That was before King Tutankhamen sat on
Egypt’s throne, before the Trojan War was fought, and long
before Confucius or the Buddha were born.
______________________________________________________________________________________________________________
These 11 cities, states and
countries will pay you to move
there
The Greek island of Antikythera joins places like Vermont,
Maine, Alaska, Chile and Candela, Italy in rewarding new
residents with cash, free land and other perks.
______________________________________________________________________________________________________________
What People 50 or 100 Years
Ago Thought Our Homes Would
Look Like Today
In 1980 we featured the “Underground Home” a residence in
Burnsville, Minnesota. At that time around 3,000 people
owned underground homes. Don Mosch took part in
pioneering the housing concept perfect for an energy
conscious era.
______________________________________________________________________________________________________________
Here’s what millennial home
buyers really care about when
getting a mortgage
Internet-savvy generation wants personal attention, FICO
facts, and easy comparison shopping
______________________________________________________________________________________________________________
Vancouver, Portland Leap In
Ranking Of Best Cities For
Tech Jobs
If staggering rent prices in San Francisco and Seattle are too
off-putting for tech graduates, they have a new option: stay put.
______________________________________________________________________________________________________________
Retailers announced plans to
close 7,100 stores this year
The number of store closures announced in the first half of
2019 already has outstripped the number retailers announced
in all of 2018.
______________________________________________________________________________________________________________
 
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate Mall
Redevelopment Plan with New NHL Seattle
Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an aging retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
 
“To suppress free speech is a double wrong. It violates the
rights of the hearer as well as those of the speaker.”
— Frederick Douglass
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Home prices in Pierce, Kitsap
counties soar as King County
prices drop
Buyers frustrated by the King County housing market appeared
to be flocking to Pierce and Kitsap counties in June — even as
corrections to the market appeared to be taking place near
Seattle.
______________________________________________________________________________________________________________
As Seattle cracks down on
McMansions, a question lingers:
Are huge homes morally wrong?
Seattle wants more backyard cottages and fewer McMansions.
What does the rise and fall of the McMansion say about
America, and are smaller homes intrinsically more ethical?
______________________________________________________________________________________________________________
Homeowner’s insurance doesn’t
cover earthquake damage, but
what will?
It may be time to start thinking about which insurance plans
cover earthquake damage, experts say.
__________________________________________________________________________________________________________
 
Seattle City Council votes to
reduce barriers to building
ADUs
After half a decade of planning, changes to laws governing
backyard cottages are on the way
______________________________________________________________________________________________________________
4.6 quake rattles Puget Sound;
3.5 aftershock minutes later
Many residents across the Puget Sound area were jolted awake
early Friday morning by a pair of earthquakes that struck the
North Sound.
______________________________________________________________________________________________________________
While CA deals with two big
quakes, Portland crafting
mandatory seismic retrofit
policy
A spokesperson for the Portland Bureau of Emergency
Management, Dan Douthit, says the city is working towards a
mandatory retrofit policy in the near future.
______________________________________________________________________________________________________________
Preparing for an earthquake?
Make sure you have enough
water, American Red Cross says
Before an earthquake or any natural disaster strikes, the
American Red Cross says you need to be prepared. And that
means having enough water and food.
______________________________________________________________________________________________________________
New Seattle tenant protections
would give renters earlier
notification on sales, more time
to make ends meet
the mayor is rolling out changes she says will protect tenants
from eviction and “help keep Seattle residents in their homes.”
______________________________________________________________________________________________________________
Significant Changes to WA’s
Landlord-Tenant Law
The passage of SB 5600, HB 1138, HB 1440, and HB 1462 made
permanent changes to Washington State’s Residential
Landlord-Tenant Act (RLTA). The new laws take effect on
July 28, 2019.
_______________________________________________________________________________________________________________
The U.S. States People Are
Fleeing (And The Ones They Are
Moving To)
Each year families pack up their belongings and move to a new
home, sometimes out of state. Tracking where they go—and
where they’re leaving from—paints an interesting picture of U.S.
migration.
______________________________________________________________________________________________________________
How to decide if you should rent
or buy in Seattle
All you need to know to make the right choice for your
budget and lifestyle
______________________________________________________________________________________________________________
 
16 breathtaking Seattle-area
botanical gardens
Seattle is known for being full of trees, parks, and other
extremely nature-y pursuits, so it tracks that we’d have a wide
selection of gardens to choose from, whether you’re looking for
a casual stroll, a pretty in-city hike, or an educational experience
__________________________________________________________________________________________________________
What $1,500 rents in Seattle
right now
A Pioneer Square loft or a two-bedroom in West Seattle?
______________________________________________________________________________________________________________
Measure to reduce barriers to
building ADUs in Seattle gets
mayoral boost
After half a decade of planning, changes to laws governing
backyard cottages are on the way—with more experimentation
ahead on making them feasible
__________________________________________________________________________________________________________
How Amazon sunk its talons
into your home
Alexa, one-day delivery, security cameras, and in-house brands
have extended the company’s already formidable reach
______________________________________________________________________________________________________________
Why luxury homes, pricey
properties are going on the
market in King County
“On the residential side we’ve already seen a fairly significant
uptick in King County of listings above $1.5 million,” Matthew
Gardner told KIRO Radio’s Dave Ross.
______________________________________________________________________________________________________________
Can Robots Solve the Affordable
Housing Crisis?
The technology, after all, would seem to have wide-ranging
appeal to potential customers: radically lower costs thanks to
savings on labor and materials, and a construction window
measured in weeks (or even days) rather than months.
______________________________________________________________________________________________________________
Real Estate Transactions in the
San Juan Islands: June 1-30,
2019
There were nine real estate sales of more than $1 million in the
San Juan Islands in the month of June, 2019. Four on San Juan
Island, two on Shaw Island, two on Orcas Island, and one on
Lopez Island.
______________________________________________________________________________________________________________
Is California Washington’s
housing future?
Unless changes are made to accommodate future population
growth and the “perfect storm” of retirees outbidding first-time
home buyers, 70 percent of city residents will be renters, and
almost a third of home sellers will leave the state to buy a more
affordable property elsewhere in the country.
______________________________________________________________________________________________________________
June real-estate numbers tell a
now-familiar story: Seattle is
losing buyers to Tacoma, other
outlying spots
Seattle’s housing market isn’t cooling quite as fast it was earlier
this spring, but prices are still dropping as inventories build and
would-be buyers continue to search outside the city limits for
better prices.
______________________________________________________________________________________________________________
 
10 awful, oddball Portland-area
homes get flipped: See crazy
before, after photos
Can you recognize a house with “good bones” even when it’s
buried in debris? Flippers can. They lay down cash for a
dwelling deemed unlivable, then remodel, restore and remake
it into a property a new buyer will pay a bundle for. Or so they
hope.
______________________________________________________________________________________________________________
Tech start-ups look to disrupt
the affordable housing industry
Now, more start-ups are addressing ways to make renting and
homeownership available to more people. A few entrepreneurs
are working to solve the more prosaic problem of housing
affordability.
______________________________________________________________________________________________________________
Oregon Bans Single-Family
Zoning – Should More States?
Should major cities ban single-family zoning?
______________________________________________________________________________________________________________
____________________________________________________________________________________________________________  __
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                  
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
 
 
 
 
“What was important wasn’t the fireworks, it was that we were
together this evening, together in this place, looking up into
the sky at the same time.”
— Banana Yoshimoto
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Seattle City Council OKs more and
larger backyard cottages; restricts
McMansions
The Seattle City Council voted unanimously Monday to enable
the construction of more and larger backyard cottages in all
neighborhoods while removing requirements that property
owners live on site and provide off-street parking.
______________________________________________________________________________________________________________
Seattle’s new backyard cottage rule both
hailed and hated
Not everyone is sold on Seattle’s decision to allow more options
to build backyard cottages.
__________________________________________________________________________________________________________
 
Oregon Legislature Votes To Essentially
Ban Single-Family Zoning
The state’s House and Senate have now both passed a measure
that requires cities with more than 10,000 people to allow
duplexes in areas zoned for single-family homes. In the Portland
metro area it goes a step further, requiring cities and counties to
allow the building of housing such as quadplexes and “cottage
clusters” of homes around a common yard.
______________________________________________________________________________________________________________
Seattle City Council votes to reduce
barriers to building ADUs
After half a decade of planning, changes to laws governing
backyard cottages are on the way
______________________________________________________________________________________________________________
Seattle’s tech workers earn second-
highest wages in the world
Seattle’s booming tech sector has been cited as one of the
reasons the Emerald City has a strong economy.
______________________________________________________________________________________________________________
Nextdoor’s push into real estate: ‘Where
there’s money, there’s focus’
The company debuted a new feature called “Your Home” on
Tuesday morning, unlocking another step on its path to
profitability. The offering, which was reviewed by Yahoo
Finance, seems like a natural next step for the business, and is
initially being rolled out to the platform’s U.S. homeowners.
______________________________________________________________________________________________________________
This ridiculous GE video showing 14
steps to reset a smart lightbulb has
suddenly gone viral
Spoiler alert: You have to turn it off and on again (and again
and again)
_______________________________________________________________________________________________________________
June 2019 Housing Minute
Both pending and existing home sales rose on a month over
month basis in May.
______________________________________________________________________________________________________________
Where buyers found the home they
purchased
______________________________________________________________________________________________________________
 
AIA Home of Distinction: Couple 
Makes Light the Focal Point in This
View Ridge Remodel
This family home was selected by a panel of architects for the
AIA Seattle Home of Distinction program due to its creativity
within the tight parameters of the existing footprint and steep-
slope site.
__________________________________________________________________________________________________________
2017 Residential Electricity Bill by State
Washington State has the lowest Electricity Retail Price.
Electricity is one of the biggest household expenses, as it
accounted for 55 percent of total utility costs and 9 percent of
total housing costs in 2017, according to the American Housing
Survey (AHS).
______________________________________________________________________________________________________________
The Effect of Affordable Housing on the
Surrounding Neighborhood
The paper is called The What, Where, and When of Place-Based
Housing Policy’s Neighborhood Effects and was authored by
three researchers
__________________________________________________________________________________________________________
Apple to unveil details of massive
Seattle expansion at big new office
complex in Amazon’s backyard
It’s been six months since Apple said it would dramatically
expand its Seattle operations, and it appears the tech giant has
found a landing spot — right in Amazon’s backyard.
______________________________________________________________________________________________________________
Stellar Agents and Sky-High Sales
Some out there in real estate like to say that “brand doesn’t
matter,” but when you look at the facts, it is clear the brand
does have an impact on business.
______________________________________________________________________________________________________________
$120 Million Holmby Hills Estate Sets
California Record
The double-gated megamansion opens to an aircraft hanger-
scaled foyer with a Subaru-sized chandelier hanging over a
black-and-white striped marble floor. As for the master suite —
or “owner’s complex,” if you will — it weighs in at 7,000 square
feet and incorporates a private living room, kitchen, his-and-her
bathrooms and a Rodeo Drive boutique-sized dressing room. In
all, there are a whopping 27 bathrooms on the premises.
Jade Mills of Coldwell Banker represented the seller.
  1. https://www.mansionglobal.com/articles/120-million-mansion-sale-in-los-angeles-sets-record-204725
  2. https://variety.com/2019/dirt/real-estate/california-home-sale-record-price-spelling-manor-daryl-katz-1203258066/
  3. https://nypost.com/2019/07/03/aaron-spellings-mansion-sells-for-120m-setting-california-real-estate-record/
______________________________________________________________________________________________________________
Most Expensive Listing in the U.S. Is
Now $50 Million Cheaper
The Los Angeles property dubbed Chartwell had a cool $50
million chopped from its asking price on Monday, taking its
price tag down to $195 million from the whopping $245 million
it was asking when it officially hit the market in October,
according to listing records.
______________________________________________________________________________________________________________
Evergreen Aviation founder’s Oregon
estate cost $18 million; auction bids
start at $2.25 million
More than $18 million was poured into the 46.6-acre property
at 22111 Riverwood Road and yet, over the years, no one has
stepped up to buy it when the price was $6 million in April 2017
or after it dropped to $5 million in August 2017.
______________________________________________________________________________________________________________
Portland officials share details of
waterfront property plan with public
The town has been working since 2014 to acquire the 5.28-acre
property, which contains three parcels land that formerly served
as the home of the Connecticut Tar & Asphalt Co.
______________________________________________________________________________________________________________
 
Apple aims to turn Seattle into
‘engineering hub’
Apple plans to add 2,000 software and hardware jobs in Seattle
within the next five years, starting with 200 additional jobs this
year,
______________________________________________________________________________________________________________
Seattle Expansion Equates to HQ2
Presence for Salesforce
Salesforce’s recent $15.7-billion acquisition of Tableau Software
is likely to translate into a number of impacts that serve to drive
Seattle’s commercial real estate market. To start with, the
announcement that the San Francisco-based software company
will plant a flag in Seattle speaks volumes about its intentions to
compete with rivals Amazon or Microsoft for a headquarters-
type real estate profile
______________________________________________________________________________________________________________
King is one of few counties getting
younger as nation ages, census data
shows
King County is doing something that the great majority of
counties in the U.S. aren’t: It’s getting younger.
______________________________________________________________________________________________________________
____________________________________________________________________________________________________________  __
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate Mall
Redevelopment Plan with New NHL Seattle
Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
 
 
 
“Ultimately there is no such thing as failure. There are
lessons learned in different ways.”
~ Twyla Tharp
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Tech salaries grew 10% in
Seattle over 3 years, report
says — and workers still want
to move here
Not only do tech workers in Austin, Texas, enjoy a lower cost of
living than other major cities, but they are also seeing fattening
paychecks.
______________________________________________________________________________________________________________
Seattle’s tech workers earn
second-highest wages in the
world
Seattle’s booming tech sector has been cited as one of the
reasons the Emerald City has a strong economy.
______________________________________________________________________________________________________________
Oregon may pass housing
density bill
The Oregon Legislature is one vote away from passing a first-in-
the-nation law ending exclusive single-family zoning in much of
the state.
______________________________________________________________________________________________________________
Will Up-Zoning Make Housing
More Affordable?
Seattle’s housing market has been red-hot for almost a decade.
Across the Northwest’s largest metropolitan area, real estate is
not only expensive,
_______________________________________________________________________________________________________________
Oregon House Passes Bill to
Increase Housing Density
The Oregon House passed HB 2001, a bill that prevents cities
from the exclusive use of single-family housing. According to
reporting by OPB, this first-in-the-nation measure passed on a
bipartisan 43-16 vote and now moves to the Oregon Senate.
HB 2001 follows closely behind Minneapolis which banned
single-family housing in December.
______________________________________________________________________________________________________________
Home Sales and Prices are
Declining-Seattle – An Exception
or Trend Leader?
Seattle is a massive metropolitan area that overall is referred to
as the Seattle-Bellevue-Tacoma metro
______________________________________________________________________________________________________________
 
An Investor’s View on the
Portland Multifamily Market
Pathfinder Partners Senior Managing Director Mitch Siegler
discusses value-add opportunities in Portland, investment
strategies, as well as the biggest challenge in the sector today.
__________________________________________________________________________________________________________
Seattle is ‘a notable exception’
for stalled home prices
In recent years Seattle was a standout among major U.S. cities
for its soaring home prices. Now, it’s an exception for home
prices that stood still.
______________________________________________________________________________________________________________
Apple to Expand Its Footprint in
Seattle With Office Lease
The company signed a lease for office space at 333 Dexter in the
South Lake Union neighborhood.
__________________________________________________________________________________________________________
Apple to unveil details of
massive Seattle expansion at
big new office complex in
Amazon’s backyard
It’s been six months since Apple said it would dramatically e
xpand its Seattle operations, and it appears the tech giant has
found a landing spot — right in Amazon’s backyard.
______________________________________________________________________________________________________________
Apple doubles down on Seattle
with plans to employ 2,000
people in ‘key engineering hub’
In the heart of the neighborhood where Amazon has made its
home, Seattle Mayor Jenny Durkan said Monday that she was
interested in talking about a “different HQ2,” as she welcomed
Apple and that tech giant’s plans for a significant expansion in
the city.
______________________________________________________________________________________________________________
One of the first mansions in
Seattle offers panoramic views
of the Olympics and the
Cascades
The original homeowner used to hunt in the Queen Anne Forest
in 1902 – Unreal Estate
______________________________________________________________________________________________________________
Home prices dropping in the
Seattle metro area, new report
finds
Home prices in the Seattle metro area fell last month, according
to a new report released Monday.
______________________________________________________________________________________________________________
Zero Interest Rates Ahead?
Reflecting on the latest budget projections from the
Congressional Budget Office, which show relentlessly rising debt
and interest costs over the next 30 years, Bloomberg’s Noah
Smith says that one possible response to the problem involves a
policy economists call “fiscal dominance.”
______________________________________________________________________________________________________________
Five-Story New York City
Penthouse With Private Pool
And Hot Tub Lists For $98
Million
A five-floor, 19,000-square-foot penthouse north of Madison
Square Park in Manhattan, featuring more than 4,500 square
feet of outdoor space with a private lap pool and glass-walled
hot tub, has hit the market for $98 million,
__________________________________________________________________________________________________________
 
5 housing market predictions
from Seattle’s top economists
Expect a return to balance for the Seattle-area housing market.
______________________________________________________________________________________________________________
The 10 most affordable beach
towns in America
Surprising sun-and-sand options that are a lot cheaper than the
Hamptons or Malibu
______________________________________________________________________________________________________________
 
A slew of big real estate
companies might soon be
fighting to buy your house
That’s the pitch from a new crop of real estate companies vying
for a share of the so-called “instant buyer” market. They allow a
homeowner to enter their address on a website and, if their
home checks certain boxes, get a cash offer on the spot.
______________________________________________________________________________________________________________
Prince Harry’s One-Time
Barbados Rental Is for Sale for
$40M—and It’s Blowing Our
Minds
With spacious interiors and views of the Caribbean Sea that
rival the best resorts in the world, the Cove Spring House is
literally fit for royalty. Here’s the inside scoop on this one-of-a-
kind villa and its mind-blowing amenities.
______________________________________________________________________________________________________________
June 2019 Housing Minute
Play
View on YouTube (link is external)
Both pending and existing home sales rose on a month over
month basis in May.
______________________________________________________________________________________________________________
Pending Home Sales Bounce
Back 1.1% in May
Pending home sales increased in May, a positive variation from
the minor sales dip seen in the previous month, according to the
National Association of Realtors®. Three of the four major
regions saw growth in contract activity, with the West
experiencing a slight sales decline.
______________________________________________________________________________________________________________
____________________________________________________________________________________________________________  __
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
 
 
_________________________________________________________________________________________________
 
 
 
 
 
“Summer is very precious.”
— Dylan Lauren
 
Report: 3 Washington cities rank
in the top 10 for lakeside living
Washington beach towns didn’t rank high in a recent study, but
lakeside living proved to be popular in the Pacific Northwest.
Swipe through to see which cities have the best lake vibes.
______________________________________________________________________________________________________________
Peak real estate season is here
— and with it the hottest market
since July 2018
The consensus among Western Washington brokers is pretty
clear: The market is not as feverish as it was last year. But this
spring’s peak real estate season is still going to get pretty hot.
______________________________________________________________________________________________________________
Seattle’s tech workers earn
second-highest wages in the
world
Seattle’s booming tech sector has been cited as one of the
reasons the Emerald City has a strong economy.
______________________________________________________________________________________________________________
Refinance Activity Surges on a
Year-over-Year Basis
Data from the latest survey of the Mortgage Bankers
Association’s Weekly Application Survey show small year-over-
year gains in purchasing activity and larger year-over-year gains
in refinancing activity.
_______________________________________________________________________________________________________________
S&P 500 closes at new record as
Wall Street bets Fed will lower
rates, Dow surges nearly 250
points
Stocks rallied on Thursday, led by strong gains in tech and
energy shares, as Wall Street cheered the possibility that the
Federal Reserve will cut interest rates next month.
__________________________________________________________________________________________________________
The Ritz-Carlton brand Coming
to Portland
Marriott International, Inc. has signed an agreement with
developer BPM Real Estate Group to bring its Ritz-Carlton
brand for the first time to Portland and the Pacific Northwest
______________________________________________________________________________________________________________
Still competitive: Homes stayed
on the market an average of 26
days and prices were up nearly
5% compared to a year ago
The numbers: Existing-home sales were at a 5.34 million
seasonally adjusted annual pace in May, the National
Association of Realtors said Friday.
__________________________________________________________________________________________________________
6 Tips for Summer Lawn Care
Don’t you hate it when the grass is greener at your next door
neighbor’s place? Follow these tips to manifest the lawn of your
life.
______________________________________________________________________________________________________________
NewHeight Group breaks ground
on luxury condos in Portland
NewHeight Group, a real estate development group in Portland,
broke ground June 18 on Verdante at Lincoln Park, a 31-unit
condominium project in Portland’s East End. The 65,000-
square-foot building will be located across from Lincoln Park,
along Franklin and Federal streets featuring, according to a
news release.
______________________________________________________________________________________________________________
America’s 25 least affordable
housing markets: California
home to 17 of them
Housing affordability in the United States is getting worse, with
some experts even calling it a crisis. According to a new housing
report, median home prices in the first quarter of 2019 were not
affordable for average wage earners in over 70% of the nation’s
largest counties.
______________________________________________________________________________________________________________
Tyra Banks lands her next home
project in Pacific Palisades
Supermodel, television host and celebrity home-flipper Tyra
Banks has bought a Pacific Palisades home for a little over $3
million.
______________________________________________________________________________________________________________
Best Places To Retire In Each 
State 2018
We compiled our list of the Best Places To Retire In Each State
by comparing data on more than 650 places across all 50 states.
______________________________________________________________________________________________________________
10 ways cities are tackling the
global affordable housing crisis
Research finds that only 10% of cities worldwide are affordable.
______________________________________________________________________________________________________________
Google Pledges to Invest $1
Billion to Ease Bay Area
Housing Crisis
Now Google, saying it wants to be a “good neighbor,” has plans
to provide some relief. On Tuesday, it pledged to invest $1 billion
in land and money to build homes.
______________________________________________________________________________________________________________
Five-Story New York City
Penthouse With Private Pool
And Hot Tub Lists For $98
Million
A five-floor, 19,000-square-foot penthouse north of Madison
Square Park in Manhattan, featuring more than 4,500 square
feet of outdoor space with a private lap pool and glass-walled
hot tub, has hit the market for $98 million,
__________________________________________________________________________________________________________
 
5 housing market predictions
from Seattle’s top economists
Expect a return to balance for the Seattle-area housing market.
______________________________________________________________________________________________________________
Soak up the sun with this house
boat on Portage Bay for almost
$1.4 million
Seattle’s been enjoying some breathtaking weather lately, with
the heat making the prospect of a quick dip in the lake
imminently appealing. What better way to soak it all up than in
a houseboat?
______________________________________________________________________________________________________________
 
A slew of big real estate
companies might soon be
fighting to buy your house
That’s the pitch from a new crop of real estate companies vying
for a share of the so-called “instant buyer” market. They allow a
homeowner to enter their address on a website and, if their
home checks certain boxes, get a cash offer on the spot.
______________________________________________________________________________________________________________
Former WWII Naval fortress is
now a mansion for sale on
Bainbridge
A grand Bainbridge Island estate fits the definition of
permanence and reflects an important piece of history dating
back nearly 80 years.
______________________________________________________________________________________________________________
Stacking up evidence of
Seattle’s growth in the 1880s
“The inhabitants of Seattle, who numbered 3,533 in 1880 and
9,786 in 1885, increased in number to 12,167 in 1887 and
to 19,116 in 1888.
______________________________________________________________________________________________________________

______________________________________________________________________________________________________________

Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                               __________________________________________________________________________________________________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an aging retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
__________________________________________________________________________________________________
 
 
“Being deeply loved by someone gives you strength, while 
loving someone deeply gives you courage.”
― Lao Tzu
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Home-price increases in the
Seattle area slow along with the
rest of the country
Though locally home prices still lag behind major cities
__________________________________________________________________________________________________________
Mortgage rates plummet to
lowest levels in nearly 2 years
The 15-year fixed-rate average hit 3.28% this week, the lowest
rate since September 2017
______________________________________________________________________________________________________________
Come aboard $2M floating home
in Mallard Cove
A$2M on the lake in Seattle’s Mallard Cove could be yours.
______________________________________________________________________________________________________________
Builders’ Use of Drones Remains
Widespread, Mostly for
Promotional Photos
Well over 40 percent of builders continue to use aerial drones,
according to special questions on the March 2019 survey for the
NAHB/Wells Fargo Housing Market Index (HMI).
______________________________________________________________________________________________________________
Seattle housing market stays
cool, while Tacoma and suburbs
keep up the heat
The Puget Sound housing market continues to splinter into hot
and cold sectors — with substantially more heat the farther
south you move — but the trend may be moderating as buyers
and sellers adjust their expectations.
______________________________________________________________________________________________________________
Steve Miller Sells Island
Compound for Less Than Half
the Original Asking Price
Rocker Steve Miller’s remarkable retreat in the San Juan
Islands finally sold for $8.5 million. The property was originally
listed for $20 million.
_______________________________________________________________________________________________________________
 
Realtor.com boss is out
Ryan O’ Hara, who for over four years has spearheaded Rupert
Murdoch‘s push into the real-estate listings space as chief
executive of Realtor.com operator Move Inc., has left the
company, News Corp. announced Thursday.
______________________________________________________________________________________________________________
Home flipping is at highest rate
in nearly a decade: report
The rising rate comes as profits are dropping in a softening
housing market
______________________________________________________________________________________________________________
Jim Grant: Low Interest Rates
Forever? Don’t Get Used to That
Idea
Interest rates tend to change course only once or twice a
generation. In 1981, investors could look back on 35 years of
generally rising rates. In 2016, a different generation of investors
could look back on 35 years of generally falling rates. In bonds,
you can profitably spend a whole career not changing your mind.
______________________________________________________________________________________________________________
U.S. CITIES EXPERIENCING
DOWNWARD PRESSURE ON
HOUSING MARKETS
Currently, 19 of the 23 metropolitan markets tracked in the
index are in rent territory suggesting that, on average, an
individual family would be better off renting and reinvesting in
a portfolio of stocks and bonds as opposed to building wealth
through equity accumulation from homeownership.
__________________________________________________________________________________________________________
Seattle Town Houses Are Going
Green
 
For about $1 million, you can move into a new, eco-friendly
town house
______________________________________________________________________________________________________________
A parent dies, leaving you the
house. Now what?
After finding a real estate agent with estate sale experience,
Carlson got up to speed on probate, learned about local building
codes and repairs that needed to be made, and even told her
father’s friend, who had been staying in the cabin, he’d have to
move.
______________________________________________________________________________________________________________
A unified vision for our housing
future starts with backyard
cottages
 
Within the next decade, Washington is expected to grow by
nearly 1 million people. We are already in the midst of a housing
shortage with no end in sight. We need a unified vision for
housing that ensures all Washingtonians have a home they can
afford.
Seattle councilmember
proposes houses not be bigger
than 50% of lot size
A Seattle City Council committee on Wednesday discussed
sweeping changes that could change the landscape of city
neighborhoods for years to come.
______________________________________________________________________________________________________________
State of the U.S. housing market
Skylar Olsen, Zillow’s Director of Economic Research, joined
‘The Final Round’ to discuss the health of the housing market.
______________________________________________________________________________________________________________
Open houses can be stressful.
These tips can help
Most sellers dread open houses. It’s not just that they’ve had to
spend time making their home immaculate or that they’ve had
to find a place to keep their dog. It’s also the idea of a bunch of
strangers trooping through their home, judging it, leaves them
cold.
______________________________________________________________________________________________________________
Pending Home Sales Trail Off
1.5% in April
Pending home sales declined in April, a modest change from the
growth seen a month before, according to the National
Association of Realtors®. Only one of the four major regions –
the Midwest – experienced growth, while the remaining three
regions reported a drop in their respective contract activity.
__________________________________________________________________________________________________________
U.S. Household Wealth Hits a
Record in First Quarter
U.S. household wealth rebounded to a record in the first quarter
as the stock market recovered from a plunge in the prior period,
supporting consumers after Federal Reserve interest-rate hikes
and trade-war shocks rattled investors late last year.
___________________________________________________________________________________________________ 
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
Thomas Jefferson
“In matters of style, swim with the current;
in matters of principle, stand like a rock.”
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
The residential real estate
business needs digital
disruption
Residential real estate’s organizational and incentive structure
reflects a different era, when most business was local and
consumers weren’t empowered by technology.
______________________________________________________________________________________________________________
Housing crisis has Seattle
weighing end of single-family
zoning
Can the city solve its housing crisis by doing away with
single-family zoning?
_______________________________________________________________________________________________________________
 
22% of Home Buyers Expect
House Search to Get Easier
Soon
In the first quarter of 2019, adults planning a home purchase
(i.e. prospective buyers) were asked about their expectations for
housing availability in the near future. Results show that 22%
expect the search for a home to become easier in the months
ahead, an improvement over the 16% who had that same
expectation a year earlier
______________________________________________________________________________________________________________
Number of homes on the market
increased as sales slowed
Homebuyers in Salt Lake City, Atlanta and other big U.S.
metropolitan areas are seeing a pickup in the number of homes
for sale
______________________________________________________________________________________________________________
Falling Interest Rates Not
Enough to Increase Mortgage
Applications
A fresher in the real estate world could think the recent fall in
interest rates across the nation’s housing market is enough to
woo people into mortgage applications. In reality, this is not so.
Stakeholders and mortgage hunters are finding it hard to believe
the recent outcome of events in the housing markets. In the past
week, financial houses and real estate analysts put together
figures that didn’t meet investors expectations.
______________________________________________________________________________________________________________
Fed’s patience on interest rates
to last ‘for some time’
U.S. Federal Reserve officials at their last meeting agreed that
their current patient approach to setting monetary policy could
remain in place “for some time,” a further sign policymakers see
little need to change rates in either direction.
______________________________________________________________________________________________________________
With interest rates at 2019 lows,
how to decide whether to
refinance your mortgage
More people are pursuing refinances as mortgage rates have
dropped
__________________________________________________________________________________________________________
Blue-Collar and Service Workers
Fare Better Outside Superstar
Cities
How much money do workers have after paying housing costs?
For working-class and service workers in superstar cities, the
affordable housing crisis hits harder.
__________________________________________________________________________________________________________
62 West Seattle units sell for
$19M
SEATTLE — The Strata on California apartments, at
6312 California Ave. S.W., have sold for a little under
$18.7 million,
 
______________________________________________________________________________________________________________
US home sales fell 0.4% in April
amid limited supply
U.S. home sales slipped 0.4% in April, as would-be homebuyers
face affordability challenges and a limited supply of starter
houses.
______________________________________________________________________________________________________________
Spain’s richest person bets
billions on prime US real estate
That followed purchases within the past six months of a building
in Washington’s central business district and two Seattle offices
leased by Amazon.com Inc. for a combined $1.1 billion.
______________________________________________________________________________________________________________
Amazon working on device that
can read human emotions
Amazon.com Inc. is developing a voice-activated wearable device
that can recognise human emotions.
______________________________________________________________________________________________________________
Reserve Bank poised to cut
interest rates in June
The Reserve Bank governor has given the strongest indication
yet that interest rates will be cut in June.
______________________________________________________________________________________________________________
The New Housing Market – Hard
to Believe?
Is it possible to conclude that over the past 20 years we have
accumulated a shortage that could theoretically be as high a four
million new homes!
______________________________________________________________________________________________________________
King County’s condo prices
continue to fall as market gets
new inventory
Unlike single-family homes, condo inventory is generally
keeping up
______________________________________________________________________________________________________________
In high-rise cities like Seattle,
can Chinatowns survive?
The specter of unwanted change has loomed over a quiet corner
of Seattle’s Chinatown-International District for nearly the past
four years. A mixed-use building, including a 168-unit Springhill
Suites hotel, has been on the drawing boards right across the
street from the Denise Louie Educational Center
__________________________________________________________________________________________________________
The highest-paid CEOs by state
Here are the top paid CEOs by state for 2018, as calculated by
The Associated Press and Equilar, an executive data firm.
______________________________________________________________________________________________________________
 
5 Essential Home Pieces for
Seattle Nature Lovers
Integrating indoor and outdoor spaces is critical in
nature-loving Seattle. These pieces make it easy to achieve, and
look good, too
______________________________________________________________________________________________________________
AIA Home of Distinction: Couple
Thinks Small in WA’s Methow
Valley
For an adventurous couple, small living in Washington’s
Methow Valley offers big benefits
______________________________________________________________________________________________________________
The most significant action a
seller can take? Staging.
Marina and Daniel Ein acquired an extraordinary collection of
Oriental rugs, antiques and art over a lifetime of travel. When it
came time to sell their 5,500-square-foot house in the
District of Columbia, they assumed the furnishings would add
to the appeal
__________________________________________________________________________________________________________
How Bellevue Built A City That
Amazon Couldn’t Resist
When Amazon announced it was seeking a destination for its
second headquarters, or HQ2, cities across the country jumped a
t the chance to host the tech giant. Economic development
committees touted tax incentives and flaunted infrastructure
plans to woo the job-generating powerhouse to their neck of the
woods.
__________________________________________________________________________________________________________
Millennial Reality
Over the past 10 years we have been barraged by news of the
millennial generation who are charting a new course with
different values impacting housing, retailing, the workplace,
social mores, and a host of other ways that are changing society.
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                  
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_____________________________________________________________________________________________________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                               __________________________________________________________________________________________________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
 
 
“All things seem possible in May.”
~Edwin Way Teale
 
 
Why the Downsize Move Is the
New Move
As one of the tax favorable states in the nation and a “mostly
sunny” weather forecast year-round, Florida continues to be the
select location for a large pool of buyers that includes affluent
consumers and retirees.
______________________________________________________________________________________________________________
Curb-less Showers Now Among
the Most Common
Aging-In-Place Projects
It probably comes as little surprise to most readers that
bathroom projects dominated the top spots.  Over 80 percent of
remodelers who answered the question reported installing grab
bars, higher toilets and curb-less showers.
______________________________________________________________________________________________________________
 
“Seriously Delinquent” Loans
Decline
The quarterly National Delinquency Survey from the Mortgage
Bankers Association shows a decline in the serious delinquency
rate across all the categories of loans, continuing the downward
trend that has persisted since the middle of the Great Recession.
__________________________________________________________________________________________________________
Core Inflation Unchanged in
April
In April, core inflation remained unchanged. And, overall
inflation decreased as increases in energy prices slowed and the
food index fell.
______________________________________________________________________________________________________________
Mortgage rates head down for
the third week in a row
According to the latest data released Thursday by Freddie Mac,
the 30-year fixed-rate average dipped to 4.07 percent with an
average 0.5 point. (Points are fees paid to a lender equal to 1
percent of the loan amount and are in addition to the interest
rate.) It was 4.10 percent a week ago and 4.61 percent a year
ago. The 30-year fixed rate has gone down for three weeks in a
row.
______________________________________________________________________________________________________________
Seattle housing prices drop
amid a glut of homes for sale,
study finds
Seattle is one of only five cities in the nation where home prices
are lower now than they were at the same time last year,
according to a newly released report.
______________________________________________________________________________________________________________
U.S. Home Prices Resume
Growth, Up 2.8% in April
Sales flattened as housing supply rose 3.1%, the smallest year-
over-year increase in 7 months
__________________________________________________________________________________________________________
Home values falling in Portland
metro, index says
It’s no longer just a slowdown: Portland-area home prices have
begun to slide after a long post-recession boom, according to
one industry measure.
__________________________________________________________________________________________________________
Microsoft treads cautiously as
it plans to deploy $500M
affordable housing fund in
Seattle region
Microsoft made a big splash in January with the surprise
announcement of a $500 million commitment to increase
the supply of affordable housing in its hometown, the largest
philanthropic gift in the company’s history.
______________________________________________________________________________________________________________
Washington is best state in
America, Seattle is 2nd-fittest
city, studies find
he ranking, announced Tuesday by U.S. News & World Report,
says the home of Amazon, Microsoft, Starbucks and Boeing
earned the No. 1 ranking based on several criteria, including
health care, education, economy and opportunity.
______________________________________________________________________________________________________________
Is sea rise wrecking coastal
home values? The answer:
Maybe
Some research suggests rising sea levels and flooding brought
by global warming are harming coastal property values, but
how much is an open question
______________________________________________________________________________________________________________
The real estate market is hot
again — unless you’re selling a
luxury home
“It’s a seller’s market again and buyers need to be ready — or
they’re not going to get a home, ” said one real estate expert.
______________________________________________________________________________________________________________
Inslee signs bill to change
eviction rules
Washington Gov. Jay Inslee has signed a bill overhauling
eviction rules, an effort designed to help people stay in their
homes as the state deals with a housing crisis.
______________________________________________________________________________________________________________
April showers brought more
good news for home buyers,
but inventory is still below
‘balanced’
But Seattle-area real estate buyers are getting smarter
______________________________________________________________________________________________________________
Why Washington Is the Best
State in America
Cleaner energy and a booming tech sector help the Evergreen
State lead the nation in the 2019 U.S. News Best States ranking.
______________________________________________________________________________________________________________
 
Seahawks QB Russell Wilson
buys his mom a home for
Mother’s Day
The Seahawks’ franchise quarterback, less than a month after
signing his richest-ever NFL contract, bought his mom a new
home. Her reaction says it all.
______________________________________________________________________________________________________________
Seattle is the best city for real
estate agents — largely
independent of them
Location is important for buyers, sellers, and agents
alike
__________________________________________________________________________________________________________
Seattle City Council cleared to
consider ADU dwelling units
Mother-in-law apartments and backyard cottages might be
coming to a ‘hood near you
__________________________________________________________________________________________________________
Who’s Searching for Homes in
Your Neighborhood: Locals or
Out-of-Towners?
In metros where housing costs are higher, out-of-towners’
searches skew towards relatively expensive neighborhoods.
But in cheaper metros the opposite is true – out-of-towners
target less pricey areas.
______________________________________________________________________________________________________________
Best Paying States for Physician
Assistants in 2019
  1. Washington – 2019 PA Salary $120,20
 
______________________________________________________________________________________________________________
 
Big sellers will take a hit with
new Washington real estate tax
Despite objections from the real estate industry, Washington
lawmakers changed the state’s real estate excise tax rate (REET)
for the first time in 30 years.
(Subscription Required)
______________________________________________________________________________________________________________
Washington Legislature Enacts
B&O Tax Rate Increase and
Real Estate Excise Tax Changes
The 2019 Washington legislative session has ended, but it was a
busy year in terms of tax related bills. The enacted legislation
includes business and occupation (“B&O”) tax increases on
certain service businesses and financial institutions, changes to
the international investment management B&O tax
classification, and a move to a graduated real estate excise tax.
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
______________________________________________________________________________________________
 
 
 
 
 
 
 
 
 
 
 
 
 
 
“Mama was my greatest teacher, a teacher of compassion,
love and fearlessness. If love is sweet as a flower, then my
mother is that sweet flower of love.”
~Stevie Wonder
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
These Are the Best Days of the
Year to Sell Your Home
If you’re on the fence about listing your home, now is the
perfect time to take the dive. According to a recent ATTOM
Data Solutions analysis, 19 of the 20 best days to sell during
the calendar year fall in May or June.
______________________________________________________________________________________________________________
Tech Tools Should Advance—
Not Replace—Relationships
 
While technology is vital to real estate success, practitioners
should constantly review their tools to determine whether they
have outlived their usefulness, says
______________________________________________________________________________________________________________
 
Good News: There Are More
Starter and Trade-Up Homes.
Bad News: It’s Not What You
Think
For the first time since Q3 2016, the number of U.S. homes for
sale did not decline year-over-year in Q1. Although the
inventory of premium homes fell 4.5%, the inventory of starter
and trade-up homes rose 3.5% and 4.8%, respectively,
compared to a year ago.
__________________________________________________________________________________________________________
Northwest MLS Housing Report
for April Signals Good News for
Home Buyers
Housing activity during April signaled good news for buyers in
Western Washington as inventory continued to grow, the rate
of price increases was slowing in many areas (and even
decreasing in a few counties), and mortgage rates remained low.
______________________________________________________________________________________________________________
Record Setting 22 Percent of all
Millennials in U.S. Still Live with
Mom
Based on new research by Zillow, more people age 23-37 are
living with their moms in the U.S. than at any time this century.
Nearly 22% of American millennials – more than 14 million in
total – live with their mom or both parents, the highest share for
this age group since at least 2000.\
______________________________________________________________________________________________________________
U.S. Foreclosures Down to
Lowest Levels Since 2008
According to ATTOM Data Solutions newly released Q1 2019
U.S. Foreclosure Market Report, a total of 161,875 U.S.
properties with a foreclosure filing during the first quarter of
2019, down 23 percent from the previous quarter and down 15
percent from a year ago to the lowest level since Q1 2008.
______________________________________________________________________________________________________________
Power is Shifting To Buyers in
Most California Housing Markets
in 2019 ( Seattle #7 and Portland #8
on Market cool down list.)
 
High prices still make it difficult to afford a home in many US
markets
__________________________________________________________________________________________________________
Who’s Searching for Homes in
Your Neighborhood: Locals or
Out-of-Towners?
In metros where housing costs are higher, out-of-towners’
searches skew towards relatively expensive neighborhoods. But
in cheaper metros the opposite is true – out-of-towners target
less pricey areas.
__________________________________________________________________________________________________________
Where the Next Buyer Is Coming
From! We Are The CB the Real
Estate Brand Harnessing
Artificial Intelligence & Machine
Learning
We have the best system to predict where the next buyer is
coming from with CBx. Only our company and brand can offer
you this. ”Competitors talk about big data and AI being the
future of real estate. At Coldwell Banker, the future is already
here.
______________________________________________________________________________________________________________
These Homes Are Thoroughly
Modern for $1.5 Million
A classic midcentury-modern in Magnolia, and 21st-century
mods in Madison Park and Kirkland
______________________________________________________________________________________________________________
Seattle Luxury Living: The
Mandarin Guide to Seattle and
the East Side
From the Seattle magazine team, a regional introduction for
international newcomers.
https://www.seattlemag.com/news-and-features/seattle-luxury-living-mandarin-guide-seattle-and-east-side______________________________________________________________________________________________________________
Seattle home prices fall as
market become less emotional
Buyers and sellers are approaching the market “with more
caution and a focus on an analytical versus emotional approach,”
(Subscription Required)
______________________________________________________________________________________________________________
Portland area real estate: 15
most in-demand neighborhoods
A cooler, calmer housing market is settling in across the
Portland metro area. Homes are selling more slowly and
prices aren’t rising at the frenetic pace of a few years ago
______________________________________________________________________________________________________________
Young Real Estate Flippers Get
Their First Taste of Losing
One property in Sunnyvale, near Apple Inc.’s headquarters, left
Pan and his partners with a $400,000 loss. “I ate it so hard,”
he says.
______________________________________________________________________________________________________________
In rapidly changing South Lake
Union, architecture tour sets
sights on what works in Seattle
tech hub
Anyone else who might have their own take on what’s being
built in SLU, or a desire to hear from professionals who could
offer that take, can take a walk of their own on Saturday with
the Seattle Architecture Foundation.
______________________________________________________________________________________________________________
Redfin’s losses shoot up 84% to
$67M as revenue rises 38% to
$110M
Redfin’s losses in the first quarter grew faster than revenue, but
the tech-powered real estate brokerage met or beat Wall Street
expectations on key metrics.
______________________________________________________________________________________________________________
 
Redfin looks to disrupt real
estate again with new program
letting homebuyers make direct
offers online without an agent
Redfin quietly launched a new feature that lets homebuyers
without an agent make offers on homes directly through its
website, bringing back an initiative the company first tried
more than a decade ago.
______________________________________________________________________________________________________________
Ex-Sonics stars Durant, Kemp
have put their mansions on the
market
Two of Seattle’s favorite former Sonics have been active
in the real estate market recently — one locally, and the
other in Southern California.
______________________________________________________________________________________________________________
Seattle-area homebuyers get
good news as prices cool,
choices grow — but competition
still hot in some spots
Seattle-area homebuyers have a bit of good news as the middle
of the housing market continues to come down from what one
local housing economist calls last summer’s “sugar high.”
(Subscription Required)
__________________________________________________________________________________________________________
Image is everything: Photos
help bring updated Portland
property values into focus
Ligon Durham and Erasmo Benitez of Plano, Texas,-based T
yler Technologies are photographing more than 20,000
properties, the images to be used as building blocks in an
ongoing revaluation that will determine property taxes in fiscal
year 2021.
__________________________________________________________________________________________________________
Remodeling to Age-In-Place
Remains Strong, Still Mostly for
Older Home Owners
According to NAHB’s Remodeling Market Index (RMI) survey
for the 4th quarter of 2018, over three-fourths of professional
remodelers undertake projects designed to allow home owners
to Age-in-Place.
______________________________________________________________________________________________________________
How ADU legislation could rein
in Seattle’s McMansions
Legislation to make backyard cottages more accessible could
also prevent future massive single-family homes
______________________________________________________________________________________________________________
 
18 wildflower hikes to explore
near Seattle
As more miles of paths become snow-free, the stunning
mountain views aren’t the only reward for hikers frolicking in
the thinning air.
______________________________________________________________________________________________________________
Prices of Building Materials
Edge Higher in April
Prices paid for goods used in residential construction increased
0.8% in April (not seasonally adjusted) according to the latest
Producer Price Index (PPI) released by the Bureau of Labor
Statistics. Prices have risen more quickly thus far in 2019
(+3.2%) than they did during the same period in 2018 (+2.8%)
and are at their highest level since last October
___________________________________________________________________________________________________ 
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                                 _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
 
______________________________________________________________________________________________________________________________________________________________________________________________________
 
“At last came the golden month of the wild folk– honey-sweet
May, when the birds come back, and the flowers come out,
and the air is full of the sunrise scents and songs of the
dawning year.”
― Samuel Scoville Jr.
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
New Wave Of Millennial Home
Buyers Sets The Stage For
Tighter Starter-Home Market
It’s about to get even harder for Millennials to buy their first
homes. Nearly 45 million Americans will reach the typical age
for first-time home buyers within the next 10 years, 3.1 million
more than the past decade, creating stumbling blocks in an
already challenging market for those racing for a spot in the
starter home market.
______________________________________________________________________________________________________________
The Top Five Most Popular
Destinations For Millennials To
Move And Stay
For generations, the bright lights and big opportunities of major
urban centers have lured potential first-time home buyers
looking for the right place to settle down.
 
______________________________________________________________________________________________________________
 
West Leads GDP Growth In 2018
Washington state recorded the highest growth rate at 5.7% was 
the leading contributors to the increase in real GDP
__________________________________________________________________________________________________________
Top Home Technology Features
According to the latest edition of NAHB’s study, What Home
Buyers Really Want, 46 percent of recent and prospective home
buyers want a security camera in their home, more than any
other home technology feature listed in the survey.
http://eyeonhousing.org/2019/05/top-home-technology-features/______________________________________________________________________________________________________________
What Home Buyers Want in 2019
Laundry rooms and energy-saving features such as Energy Star
appliances, windows and whole house certification are among
the most wanted home features
______________________________________________________________________________________________________________
$237M for housing projects
statewide
The Washington State Housing Finance Commission this spring
approved $237 million in financing for construction or
preservation of 966 affordable apartments statewide
______________________________________________________________________________________________________________
S&P/Case-Shiller WA-Seattle
Home Price Index
WA-Seattle Home Price Index
__________________________________________________________________________________________________________
 
S&P/Case-Shiller OR-Portland
Home Price Index
OR-Portland Home Price Index
https://fred.stlouisfed.org/series/POXRSA__________________________________________________________________________________________________________
Case-Shiller continues to show:
Seattle’s no longer the hottest
spot in the country
In their latest home price index report, Case-Shiller finds that
year over year nationwide home prices rose 4% in February,
the most recent month for which data was available. And
though that’s a drop from the month before (home prices rose
4.2% in January), it’s not as steep a drop in home growth as
Seattle, which grew 2.8% from a year ago.
______________________________________________________________________________________________________________
Pending Home Sales Skyrocket
in March, Signaling a Spring
Rebound for Housing
Rates for home loans slumped, another reminder of the “lower
for longer” conditions that have dogged financial markets since
the 2008 financial crisis.
______________________________________________________________________________________________________________
Home price growth screeches
to a 6 1/2-year low, Case-Shiller
says
Home price gains of 3% might be a sweet spot: some equity
appreciation for owners, a fighting shot for would-be buyers
______________________________________________________________________________________________________________
U.S. creates 263,000 jobs in
April, unemployment falls to
3.6%
The economy generated a stronger than expected 263,000
new jobs in April, helping to drive down the unemployment
rate to a 49-year low of 3.6%.
______________________________________________________________________________________________________________
Why That Personal Offer Letter
Doesn’t Always Work
Home buyers seeking an edge during offers are increasingly
writing personal offer letters directly to the seller to try to win
over their hearts. But a new article at realtor.com calls into
question whether this popular strategy works. In some cases,
it may backfire, some agents say.
______________________________________________________________________________________________________________
Mortgage rates tumble as one
economist waves the white flag
So far this year, the 30-year fixed has averaged 4.31%, down
from 4.54% in 2018
______________________________________________________________________________________________________________
Sell your home with a Realtor
or an algorithm? Maybe both.
Keller Williams, the sprawling national real estate franchisor,
plans to launch an instant offer service later this year, another
indication of the future path of residential real estate transactions.
______________________________________________________________________________________________________________
Instagrammable Moments In R
etail Design Were On Trend Even
Before Instagram Was Born
77 Degrees, a new rooftop bar in Midtown Houston, is an
Instagrammer’s dream. A dynamic view of Downtown, the
El Loco — a pineapple bowl stuffed with seasonal fresh fruits,
assorted gummy candies and Flaming Hot Cheetos drizzled
with chamoy and Tajin —  and a pair of bar swings are drawing
the eyes, and more importantly, the lenses, of visitors.
______________________________________________________________________________________________________________
 
Since 2008, Only High-Income
People Have Seen Their Housing Costs Drop
The 1 percent may be hoarding America’s wealth, but the 25
percent are hoarding its housing opportunity.
______________________________________________________________________________________________________________
Washington 2018 Labor Market
and Economic Annual Report:
Washington experienced
continued economic growth in
2018
Data in the 2018 Labor Market and Economic Report are
gathered by the Employment Security Department and
other government agencies, such as the Bureau of Labor
Statistics and the Census Bureau, as well as from the
private sector.
______________________________________________________________________________________________________________
The Dow Is Gaining After the
Federal Reserve Left Interest
Rates Unchanged
Job categories are aggregations of the detailed projects reported
in the AHS: Outside attachments include decks, porches, patios,
garages, and carports. Exterior replacements include roofing,
siding, windows, and doors. Interior replacements include f
looring, paneling, ceiling, and insulation. Systems and
equipment replacements include plumbing, electrical, HVAC,
and appliances. Lot or yard includes septic tanks; driveways or
walkways; fencing or walls; swimming pools, tennis courts, or
other recreational structures; sheds, detached garages, or other
detached buildings; and landscaping or sprinkler systems (only
since 2015).
__________________________________________________________________________________________________________
Seattle-area housing market
splits into 2 dramatically
different pieces
 
The Seattle-area housing market has clearly split into two: B
uyers looking for higher-end homes in pricier cities like Seattle
and Bellevue aren’t paying any more than they did a year ago.
__________________________________________________________________________________________________________
5 cheap ways to stage your
home like a pro
If you’re selling your house, the place has to look its best so
buyers can see its potential and imagine themselves living there.
That’s what home-staging is all about.
______________________________________________________________________________________________________________
Washington lawmakers pass tax
bills ahead of adjournment
The revenue package has several elements, including moving
the real estate excise tax from a flat tax to a graduated one based
on the selling price of the home.
______________________________________________________________________________________________________________
 
Renting in Seattle: What will
$2,400 get you?
We’ve rounded up the latest rental offerings via rental site
Zumper to get a sense of what to expect when it comes to
hunting down housing in Seattle with a budget of $2,400/
month.
______________________________________________________________________________________________________________
Spencer Rascoff reveals his
post-Zillow life after longtime
CEO departed real estate giant
in February
U.S. homebuilding dropped to a near two-year low in March,
pulled down by persistent weakness in the single-family unit s
egment, suggesting the housing market continued to struggle
despite falling mortgage rates.
 
___________________________________________________________________________________________________ 
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials), 
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
_________________________________________________________________________________________________________________________________________________________________ 
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.                                                   
______________________________________________________________________________________________________________
Mortgage Market Survey Archive 
Compilation of Weekly Survey Data for 2018 
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
      Through the Years 
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/                                                                                                                                               __________________________________________________________________________________________________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility
 
The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.
______________________________________________________________
 

“If we give our children sound self-love, they will be able to
deal with whatever life puts before them.”
–bell hooks
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
The Week’s Most Expensive
Listing Is a $52M Megamansion
With the Coolest Pool We’ve
Ever Seen
A luxury home in Los Angeles almost always comes with a pool.
And you can bet we’ve seen quite a few high-end versions, from
indoor to edgeless. But this week’s most expensive new listing
might just take the grand prize for our favorite pool yet.
https://www.realtor.com/news/trends/most-expensive-new-listing-megamansion-with-cool-pool/
______________________________________________________________________________________________________________
6 Ways To Get Your Home
Ready For A Spring Sale
Selling your home in the spring doesn’t mean you have to
actually wait until spring to prepare your home for a sale. After
the holiday whirlwind of festivities and guests, it’s time to get
your house in order this winter for a successful spring sale.
https://www.forbes.com/sites/brendarichardson/2019/02/03/6-ways-to-get-your-home-ready-for-a-spring-sale/#70ca17d56f98
______________________________________________________________________________________________________________
Why You Should Sell Your Home
in 2019
Stein’s Law, an economic theory articulated by presidential
adviser Herb Stein in 1976, states that: “If something cannot go
on forever, it will stop.”

Strike While the Market’s Still Hot! 10 Data-Backed Reasons to Sell Your House in 2019


______________________________________________________________________________________________________________
Strike While the Market’s Still
Hot! 10 Data-Backed Reasons
to Sell Your House in 2019
Coldwell Banker Hero of the Year Award! Our own Michelle
McLean, Coldwell Banker Bain! The awards recognize Coldwell
Banker affiliated real estate professionals who exemplify the
core values of the organization

Coldwell Banker Real Estate Announces 2018 Leadership Award Winners


______________________________________________________________________________________________________________
Bathroom Linen Closets Are
Most Wanted Bathroom Feature
A majority of home buyers – 78 percent — expressed that a
‘linen closet in the master bathroom’ is a desirable (52 percent)
or an essential/must have bathroom feature (26 percent),
putting it in first place in the most wanted bathroom features
list (Figure 1).

Bathroom Linen Closets Are Most Wanted Bathroom Feature


______________________________________________________________________________________________________________
Consumer Confidence Slips in
March
After rebounding from the effects of the partial government
shutdown in February, consumer confidence unexpectedly
dropped in March. This is the fourth time decline in the past
five months.

Consumer Confidence Slips in March


__________________________________________________________________________________________________________
Job Gains in February
Total nonfarm employment, seasonally adjusted (SA) increased
by 2.5 million jobs, year-over-year (YoY), or 1.7% from February
2018 to February 2019. During this time, total nonfarm
employment in the Western and Southern regions increased by
1.7%. The Midwest and the Northeast recorded the lowest
gains at 0.7% and 0.8% respectively, during this time.

Florida Leads Job Gains in February


__________________________________________________________________________________________________________
Home prices in January see
smallest gain in nearly 4 years:
S&P Case-Shiller
Home prices are rising, but the gains are shrinking, since fewer
buyers are able to afford the homes available for sale.
https://www.cnbc.com/2019/03/26/home-prices-in-january-see-smallest-gain-in-nearly-4-years-sp-case-shiller.html
__________________________________________________________________________________________________________
S&P CoreLogic Case-Shiller
Seattle Home Price NSA Index
The S&P CoreLogic Case-Shiller Seattle Home Price NSA Index
measures the average change in value of residential real estate
in Seattle given a constant level of quality
https://fred.stlouisfed.org/series/SEXRNSA
______________________________________________________________________________________________________________
S&P/Case-Shiller OR-Portland
Home Price Index
S&P Dow Jones Indices LLC, S&P/Case-Shiller OR-Portland
Home Price Index [POXRSA], retrieved from FRED, Federal
Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/POXRSA
______________________________________________________________________________________________________________
Here’s what the first Tesla solar
roofs look like in the wild
Customers are sharing photos of the new solar tiles—and how
well they perform
https://www.curbed.com/2017/8/3/16090066/tesla-solar-roof-installation-elon-musk
______________________________________________________________________________________________________________
Top 15 Home Features That Will
Sell Your Home Fast—and for
More Cash
It’s one of the (many) high-stakes gambles of homeownership:
that awesome new feature or design improvement you’ve been
wishin’ and hopin’ (and of course savin’) for might ultimately
hurt, not help, your place’s resale value.
https://www.realtor.com/news/trends/top-15-home-features-to-boost-your-homes-value-and-sell-it-faster/?identityID=5ba13acfad01bfed780047ca&MID=2019_0322_WeeklyNL&RID=5430775982&cid=eml_promo_Marketing_NonPRSL_WeeklyNL_cons.10811782_2019_0322_WeeklyNL-blog_1_top15features-blogs_trends
______________________________________________________________________________________________________________
Scared of Stocks? Buy a House
Instead
New research shows that real estate is both a better and safer
investment than previously believed.
https://www.bloomberg.com/opinion/articles/2019-03-21/buy-a-house-it-s-safer-than-the-stock-market
______________________________________________________________________________________________________________
Feng Shui Living: Tips to Get
Ready for Spring
Feng shui has long withstood the test of time and many claim to
attribute much of their success to this ancient Chinese practice.
Here are tips on how to use Feng Shui to refresh your home’s
energy just in time for spring.

Feng Shui Living: Tips to Get Ready for Spring


______________________________________________________________________________________________________________
‘White-Boxing’ Is the Hot New
Real Estate Strategy That Lets
Buyers Visualize Their Dream
Home
As the spring home buying season kicks off, a new
survey from the National Association of Realtors®
shows that 83 percent of buyers’ agents say that staging
makes it easier for buyers to visualize a property as their
future home, according to NAR’s 2019 Profile of Home
Staging, www.nar.realtor/reports/profile-of-home-staging (link is external).
https://www.nar.realtor/newsroom/more-than-80-percent-of-realtors-say-staged-houses-help-buyers-visualize-them-as-homes
______________________________________________________________________________________________________________
More Than 80 Percent of
Realtors® Say Staged Houses
Help Buyers Visualize Them as
Homes
Cowlitz County’s housing market remained strong in February,
and despite a little softening, it’s still a good time to sell a house,
according to statistics from the Northwest Multiple Listing
Service and area real estate agents.
https://tdn.com/news/local/cowlitz-county-housing-market-still-hot-in-february/article_d5181055-e34d-5fd1-bf60-62f22b3e53a4.html
__________________________________________________________________________________________________________
Seattle-area home price cool-
down stands out among U.S.
cities
Since the local market peaked last spring, single-family home
prices have fallen twice as fast in the Seattle metro area as in
any other region in the country, according to the monthly Case-
Shiller home-price index, released Tuesday.
https://www.seattletimes.com/business/real-estate/seattle-area-home-price-cooldown-stands-out-amid-u-s-cities/
__________________________________________________________________________________________________________
US charges Facebook with high-
tech housing discrimination
The federal government charged Facebook with high-tech
housing discrimination Thursday for allegedly allowing
landlords and real estate brokers to systematically exclude
groups such as non-Christians, immigrants and minorities
from seeing ads for houses and apartments.
https://www.seattletimes.com/business/facebook-facing-housing-discrimination-charges-from-hud/
______________________________________________________________________________________________________________
Portland-area home prices
climb at slowest rate in 6 years
Home prices in the Portland metro continued their upward
climb in January but at their slowest rate since 2012.
https://www.oregonlive.com/business/2019/03/portland-area-home-prices-climb-at-slowest-rate-in-6-years.html
______________________________________________________________________________________________________________
Portland new condo market
slows slightly, redevelopment
projected
The number of Portland condominiums sold leveled out in
2018, a trend that coincides with national trends.
http://www.mainebiz.biz/article/20190325/NEWS01/190329968
______________________________________________________________________________________________________________
Paul Allen Had An Enormously
Valuable Real Estate Portfolio
When He Died
When Microsoft co-founder Paul Allen died in October, he left
behind a huge portfolio of real estate. From a Manhattan
penthouse to a 4,000-acre retreat in Idaho to a mega-yacht,
Allen had a home for any mood. He could stay in the city while
in New York, Beverly Hills, or Portland.
https://www.celebritynetworth.com/articles/billionaire-news/paul-allen-had-an-enormously-valuable-real-estate-portfolio-when-he-died/
_______________________________________________________________________________________________________________
More homeowners are opting to
remodel instead of move
Home remodeling is expected to grow over the next two years as
more of the nation’s homeowners elect to fix up rather than sell
off the roofs over their heads.
https://www.seattletimes.com/business/real-estate/more-homeowners-are-opting-to-remodel-instead-of-move/

___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility

“Yesterday is gone. Tomorrow has not yet come. We have only
today. Let us begin.”
― Mother Theresa
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Even with snowmageddon, there
were as many houses that came
on the market as off in February
It was a damper, but not a deal-breaker for many home buyers
It was a damper, but not a deal-breaker for many home buyers
______________________________________________________________________________________________________________
Real Estate Analysis Shows
Amazon Is Poised to Become
the Largest Tech Employer in
Portland
In 2016 and 2017, Amazon quietly rented properties on S
outhwest Broadway across from each other in downtown
Portland.
https://www.wweek.com/technology/2019/03/07/real-estate-analysis-shows-amazon-is-poised-to-become-the-largest-tech-employer-in-portland/
__________________________________________________________________________________________________________
Bellevue in for ‘real estate
frenzy’ as Amazon moves in
“We’ve always seen a lot of Amazon and Microsoft employees
buying homes on the Eastside because of its suburban
atmosphere and highly rated schools,”

Report: Bellevue in for ‘real estate frenzy’ as Amazon moves in


__________________________________________________________________________________________________________
Millennial homebuyers milked
January’s low interest rates,
says Ellie Mae
Millennials took the opportunity to refinance their mortgages
when interest rates dwindled in January. Their refinances were
at their highest since February last year, accounting for 13% of
all closed loans
https://www.mpamag.com/news/millennial-homebuyers-milked-januarys-low-interest-rates-says-ellie-mae-161515.aspx
__________________________________________________________________________________________________________
USA & Canada Start Daylight
Saving Time on March 10, 2019
Most of the United States, Canada, and Mexico’s northern border
cities start Daylight Saving Time (DST) on
Sunday, March 10, 2019.
https://www.timeanddate.com/news/time/usa-canada-start-dst-2019.html
DST Facts: https://www.timeanddate.com/time/dst/
______________________________________________________________________________________________________________
Heavy Snowfall Ices February
Housing Activity Around
Western Washington
Seattle’s snowiest month in 50 years had an obvious chilling
effect on February’s housing activity, agreed officials with
Northwest Multiple Listing Service
http://www.northwestmls.com/News–Information/page/Latest-Press-Release
______________________________________________________________________________________________________________
Market turnaround? King County
home prices take biggest one-
month jump ever
Despite the shift in the single-family home market, King County
condo prices are falling at their fastest rate in seven years, as are
single-family home prices in neighboring Snohomish County.
https://www.seattletimes.com/business/real-estate/market-turnaround-king-county-home-prices-take-biggest-one-month-jump-ever/
______________________________________________________________________________________________________________
The No. 1 Thing Millennials Hate
About Their Home Is Not What
You’d Expect
Life is full of regrets, from the risks you never took to the fashion
choices you unfortunately made (shoulder pads, really?). But for
many millennial homeowners, their biggest regrets may have to
do with the homes they’ve purchased.
https://www.realtor.com/news/trends/what-millennials-regret-about-their-home/
______________________________________________________________________________________________________________
The Most Expensive Neighbor-
hood in Every State in America
We’re curious. There’s no other way to explain our fascination—
make that obsession—with the biggest, the best, and the richest.
https://www.realtor.com/news/trends/2019-most-expensive-neighborhoods-in-every-state/
______________________________________________________________________________________________________________
Rocky Mountain and the Far
West Led GDP Growth in the T
hird Quarter of 2018
Washington, recorded the highest real GDP growth rate of 5.8%
for the third quarter of 2018 Real gross domestic product (GDP)
increased in 49 states and the District of Columbia, in the third
quarter 2018 compared to the second quarter of 2018. U.S.
Bureau of Economic Analysis reported

Rocky Mountain and the Far West Led GDP Growth in the Third Quarter of 2018


______________________________________________________________________________________________________________
MBA: Rising mortgage rates put
a damper on application volume
Applications for 30-year fixed rate rise 2.5%

MBA: Rising mortgage rates put a damper on application volume


______________________________________________________________________________________________________________
Tenant bill of rights will ‘protect
and empower’ residents of
privatized housing
Following visits to military housing units, where they saw
firsthand some of the problems military families are facing, the
service secretaries have announced a joint tenant bill of rights
to help address the problems.
https://www.militarytimes.com/pay-benefits/2019/03/07/service-secretaries-tenant-bill-of-rights-will-protect-and-empower-residents-of-privatized-housing/
______________________________________________________________________________________________________________
The Best North Seattle
Neighborhoods Near Light Rail
Though the light rail stations are not set to open until 2021 in
the North End, real estate agents have already started featuring
this mass-transportation option in their advertisements
https://www.seattlemag.com/news-and-features/best-north-seattle-neighborhoods-near-light-rail
__________________________________________________________________________________________________________
From the Viaduct to Link Light
Rail, Seattle Continues to
Change
As our city begins to undergo one of the most epic physical
changes that’s likely to occur during most of our lifetimes—the
teardown of the Viaduct and the development of a new water-
front downtown—it’s only fitting that our annual best neighbor-
hoods issue focuses on a huge city and regional initiative:
transportation, specifically light rail.
https://www.seattlemag.com/news-and-features/viaduct-link-light-rail-seattle-continues-change
__________________________________________________________________________________________________________
What is Co-Living and How Can
It Ease The Pain of Today’s
Housing Crisis?
Co-living (short for “communal living”, sometimes spelled
“coliving”) is a term that has gained a lot more prominence in
recent years due to today’s whirlwind housing economy. When
searching for a new home, prospective residents traditionally
looked for entire units to stay in. As housing prices continue to
skyrocket and the middle class continues to dwindle, co-living
is a concept that is gaining popularity out of necessity.

What is Co-Living and How Can It Ease The Pain of Today’s Housing Crisis?


______________________________________________________________________________________________________________
Cricket League Owner Agrees
To Buy Gwinnett Place Mall For
20,000-Seat Stadium
An ailing mall close to Atlanta is on the verge of being
repurposed into a stadium to watch one of the world’s most
popular sports.
https://www.bisnow.com/atlanta/news/mixed-use/gwinnett-place-mall-under-contract-for-future-cricket-stadium-97690?&utm_source=outbound_pub_75&utm_campaign=outbound_issue_1181&utm_content=outbound_link_1&utm_medium=email
______________________________________________________________________________________________________________
A look at NHL Seattle’s
ambitious plans for reimagined
Northgate Mall
Seattle’s soon-to-be-named NHL team is getting ready to play in
a renovated KeyArena, but that’s not all the city will have to offer
in terms of facilities. Details regarding the team’s practice facility
— and accompanying retail and living spaces — were recently
released, laying out ambitious plans for what’s currently the
home of the country’s first outdoor mall in Northgate.

A look at NHL Seattle’s ambitious plans for reimagined Northgate Mall


______________________________________________________________________________________________________________
Thousands of New Millionaires
Are About to Eat San Francisco
Alive
Uber, Lyft, Airbnb and Pinterest plan to go public. California’s
newly minted rich will be hungry for parties, houses, boats,
bikes — and ice sculptures.

_______________________________________________________________________________________________________________
5 places to buy a luxury home
in 2019 if you want to get a deal
A leading global real estate consultancy has picked the high-end
neighborhoods set to outperform the rest
https://www.marketwatch.com/story/5-places-to-buy-a-luxury-home-in-2019-if-you-want-to-get-a-deal-2019-03-07?mod=real-estate-personal-finance
______________________________________________________________________________________________________________
Seattle Condo Market Is Active,
Will It Last?
Have you guys been watching the Seattle condo market?
In the last 7 days there have been 25 units in Downtown Seattle
that have gone under contract. See here. The list includes our
sub-penthouse listing at Madison Tower – it will be a record
busting sale on both a price per foot basis and sale price.

Seattle Condo Market Is Active, Will It Last?


______________________________________________________________________________________________________________
Amazon rethinks Seattle plan
Amazon is abandoning a prominent downtown Seattle office
project 10 months after it threatened to do so if the city imposed
a new business tax.
https://www.arkansasonline.com/news/2019/mar/03/amazon-rethinks-seattle-plan-20190303/?business
______________________________________________________________________________________________________________
Strategies for the Post-Chinese
Buyer Boom, Rebounding U.S.
Home Sales and More
Mansion Global’s daily round-up of the latest luxury real estate news from around the world
https://www.mansionglobal.com/articles/mansion-global-daily-strategies-for-the-post-chinese-buyer-boom-rebounding-u-s-home-sales-and-more-123700
______________________________________________________________________________________________________________
Power is Shifting To Buyers in
Most California Housing
Markets in 2019
According to Zillow’s Buyer-Seller Index, in 20 of the 35 largest
U.S. metros, market conditions favor buyers more than they
did a year ago. The index is based on the share of listings with a
price cut, how long it takes to sell a home, and the sale-to-list
price ratio. By comparing each metro across time, this analysis
shows whether the market is cooler (favoring buyers) or hotter
(favoring sellers) than it was in the past.
http://www.worldpropertyjournal.com/real-estate-news/united-states/laguna-beach/zillow-housing-reports-2019-home-buyer-trends-in-2019-real-estate-news-zillow-buyer-seller-index-skylar-olsen-california-real-estate-news-11293.php
______________________________________________________________________________________________________________
The World’s Best Places to
Retire in 2019 Revealed
The World’s Best Places to Retire in 2019 Revealed
http://www.worldpropertyjournal.com/real-estate-news/panama/panama-city-real-estate-news/best-places-to-retire-in-2019-international-living-panama-editor-jessica-ramesch-international-living-2019-annual-global-retirement-index-best-cities-to-live-in-for-expats-in-2019-vacation-real-estate-news-11201.php
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility


______________________________________________________________________________________________________________

“Life is an unfoldment, and the further we travel the more
truth we can comprehend…”
– Hypatia of Alexandria
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Happy Home-Wreckers: Trees
A limb falls on the house, triggering a chance to tackle home
improvements along with necessary repairs.
https://www.mansionglobal.com/articles/happy-home-wreckers-trees-122956
______________________________________________________________________________________________________________
Michael Jackson’s Neverland
Ranch for sale: Listing price
slashed 70 percent to $31M
Michael Jackson’s infamous Neverland Ranch residence
has returned to the market for significantly less than when
it was first listed in 2015.
https://www.usatoday.com/story/life/people/2019/02/28/listing-price-michael-jacksons-neverland-ranch-drops-70-percent/3013342002/
__________________________________________________________________________________________________________
Pending Home Sales Warm Up
A Brighter Forecast for Spring?

Pending Home Sales Warm Up


__________________________________________________________________________________________________________
Oregon Passes 1st-In-Nation
Statewide Rent Control
The Oregon House of Representatives has approved 35-25 a
first-of-its-kind statewide rent control bill previously passed
by the Oregon Senate. Everywhere else in the nation, rent
control — when it has existed — has been a local matter.
https://www.bisnow.com/national/news/multifamily/oregon-passes-1st-in-nation-statewide-rent-control-97729?&utm_source=outbound_pub_19&utm_campaign=outbound_issue_713&utm_content=outbound_link_2&utm_medium=email
______________________________________________________________________________________________________________
Seattle Apartment Market
Softens In 2018 After Long
Run Of Growth
Multifamily property sales in urban King County, which
includes the Seattle area, softened slightly in 2018 despite
setting a record for price per square foot, according to Colliers
International’s 2019 Apartment Market Study
https://www.bisnow.com/seattle/news/multifamily/seattle-apartment-softens-in-2018-after-long-run-of-growth-97707?&utm_source=outbound_pub_19&utm_campaign=outbound_issue_713&utm_content=outbound_link_5&utm_medium=email
______________________________________________________________________________________________________________
Amazon’s future in Seattle un-
certain as neighboring city
looks more and more like HQ2
For years, Amazon has gobbled up office space in Seattle at a
breakneck pace, creating a red-hot commercial real estate
market in the city’s urban core.
https://www.geekwire.com/2019/amazons-future-seattle-uncertain-neighboring-city-looks-like-hq2/
______________________________________________________________________________________________________________
Multifamily Developers Are
Planning For Long-Term Partner-
ships With Short-Term Rental
Operators
Turning apartments into furnished short-term stay units has
long been an eleventh-hour move — a developer’s “Hail Mary”
when units are not leasing at the anticipated rate. But the
presence of nationwide short-term operators means leasing out
part of a building as furnished rental units is looking less like a
last resort and more like a common sense financial decision.
https://www.bisnow.com/portland/news/economy/multifamily-developers-are-planning-for-long-term-partnerships-with-short-term-rental-operators-97512
______________________________________________________________________________________________________________
Important Steps in the Home
Selling Process
Know what to expect when you sell your home
https://www.thebalance.com/home-selling-path-a-to-z-1799042
______________________________________________________________________________________________________________
Portland Attracts More San
Franciscans Than Anywhere
Else
For every 10,000 LinkedIn members 4.47 moved to Portland,
topping the list ahead of Seattle at 4.3.
Anecdotal evidence has long supported the idea that talented
San Francisco workers are leaving the city to look for similar
jobs in cities where the cost of living is lower.
https://www.bisnow.com/portland/news/economy/portland-attracts-more-san-franciscans-than-anywhere-else-74663
______________________________________________________________________________________________________________
Seattle real estate market
cooling faster than any U.S.
city, report finds
In yet another sign that the local real estate market is cooling
rapidly, a new report has found that the time required to sell a
home has grown more in Seattle than any other city in the
nation.
https://komonews.com/news/local/seattle-real-estate-market-cooling-faster-than-any-us-city-report-finds
__________________________________________________________________________________________________________
Seattle home price hikes
continue downward spiral, says
new report
Home price increases are continuing to plummet in the Seattle
area as the city’s once smoking-hot real estate market cools
down to a more glacial pace, says a new report.
https://komonews.com/news/local/seattle-home-price-hikes-continue-downward-spiral-says-new-report
__________________________________________________________________________________________________________
Amazon Backs Out of Lease at
Heart of Tax Fight With Seattle
Amazon.com Inc., which scrapped a deal this month to open
offices in New York after clashing with local politicians, is
pulling out of a lease in Seattle that was at the center of a battle
with the city council.
https://www.bloomberg.com/news/articles/2019-02-27/amazon-backs-out-of-lease-at-center-of-tax-fight-with-seattle
______________________________________________________________________________________________________________
S&P/Case-Shiller WA-Seattle
Home Price Index
WA-Seattle Home Price Index
https://fred.stlouisfed.org/series/SEXRNSA
______________________________________________________________________________________________________________
S&P/Case-Shiller OR-Portland
Home Price Index
OR-Portland Home Price Index
https://fred.stlouisfed.org/series/POXRSA
______________________________________________________________________________________________________________
A Numerical Look At How The
Housing Market Has Recovered
Since 2009
Here are the numbers on the country’s housing market recovery
since 2009. LendingTree recently crunched the data on 50 top
metros around the country analyzing the impact of the housing
market recovery since 2009.
https://www.forbes.com/sites/ellenparis/2019/02/28/look-at-the-numbers-on-how-the-housing-market-has-recovered-since-2009/#3de6a55b2a36
_______________________________________________________________________________________________________________
LendingTree Reveals the Most
Valuable Cities in America
Seattle #8! The real estate wealth is not evenly distributed
across the country and is largely concentrated in metropolitan
areas. But which are the most valuable cities in America?
https://www.lendingtree.com/home/most-valuable-cities/
______________________________________________________________________________________________________________
Pending home sales roar back,
suggesting a spring uptick for
housing
‘The reopening of the government (was) very beneficial to the
market,’ the Realtors say
https://www.marketwatch.com/story/pending-home-sales-roar-back-suggesting-a-spring-uptick-for-housing-2019-02-27
______________________________________________________________________________________________________________
Why aren’t there enough
houses to buy?
It’s a familiar refrain any time housing data is released:
There’s strong demand, but limited supply. Data from the
National Association of Realtors
https://www.marketwatch.com/story/why-arent-there-enough-houses-to-buy-2017-08-31
______________________________________________________________________________________________________________
Portland home prices increased
faster than incomes
Portland had 9th highest home price increase of 50 largest cities

Report: Portland home prices increased faster than incomes


______________________________________________________________________________________________________________
Seattle’s plan to upzone 27
neighborhoods clears key
hurdle, set for final vote
The upzones would allow for taller buildings and trigger the
city’s the Mandatory Housing Affordability policy.
https://www.seattletimes.com/seattle-news/politics/seattles-plan-to-upzone-27-neighborhoods-clears-key-hurdle-set-for-final-vote/
______________________________________________________________________________________________________________
What Housing-Starved Cities
Can Learn From This Major
City’s Single-Family Zoning Ban
The term “Manhattanization” is often wielded in city planning
meetings around the U.S. to stoke fear of high prices and
displacement that could come from density luxury developments.
https://www.bisnow.com/national/news/multifamily/what-the-rest-of-the-us-can-learn-from-the-minneapolis-single-family-zoning-ban-97311
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an aging retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility

“To appreciate the beauty of a snowflake it is necessary to stand out in the cold.”
~ Aristotle

Seattle Weather Blog-Snow
Stats
Seattle averages just 5.9 inches of snow a winter, although
several winters—especially during the 1950s and 60s—have seen
much more.
http://www.seattleweatherblog.com/snow-stats/
__________________________________________________________________________________________________________
Snow and Other Weathers —
Seattle and King County
The Puget Sound region used to be known as the
Mediterranean of the Pacific, a place as balmy as a Greek island,
if also rainy.
http://www.historylink.org/File/3681
__________________________________________________________________________________________________________
Home Buyers’ Perceptions on
Affordability Are Largely
Unchanged
In addition to analyzing buyers’ perceptions about housing
availability, the quarterly Housing Trends Report (HTR) also
explores perceptions about housing affordability.

Home Buyers’ Perceptions on Affordability Are Largely Unchanged


__________________________________________________________________________________________________________
Hottest Zip Codes of Q4 2018
Hottest Zip Codes Q4 2018 Highlights:
http://eyeonhousing.org/wp-content/uploads/2019/01/HOUSING-TRENDS-REPORT-Q418.pdf
______________________________________________________________________________________________________________
The Property Brothers Reveal
One Thing That Really Dates a
Kitchen, Bad
“Property Brothers” stars Drew and Jonathan Scott have been
renovating up a storm in Nashville, TN, but this week on their
self-titled show they take their services north—to Calgary,
Canada.
https://www.realtor.com/advice/home-improvement/property-brothers-reveal-what-dates-a-kitchen/
______________________________________________________________________________________________________________
Seattle-area home prices drop
to lowest point in two years —
down $116,000 since last spring
Homebuyers are starting to leverage the cooling market to their
advantage, convincing sellers to take on closing costs and knock
tens of thousands of dollars off their asking price.
https://www.seattletimes.com/business/real-estate/seattle-area-home-prices-drop-to-lowest-point-in-two-years-down-116000-since-last-spring/
______________________________________________________________________________________________________________
2018 slowdown in action:
Seattle experienced its slowest
home price growth in 5 years
Just how slow is Seattle’s real estate market growing? According
to a new report from CoreLogic, it’s the slowest it’s been in five
years.
https://www.seattlepi.com/realestate/article/Seattle-real-estate-home-price-growth-decline-13594960.php
______________________________________________________________________________________________________________
King County Cities Attract
Development With Tax
Exemption
A multifamily tax exemption is often touted as a powerful
incentive, but its effectiveness may vary.

King County Cities Attract Development With Tax Exemption


______________________________________________________________________________________________________________
U.S. Banks Report Expectations
of Tightening Standards on
Loans in 2019
The survey’s respondents reported, on the whole, that they
tightened standards on Commercial Real Estate (CRE) loans

U.S. Banks Report Expectations of Tightening Standards on Loans in 2019


______________________________________________________________________________________________________________
Unexpected Gain for New Home
Sales in November
Data for November indicated a surprise gain for the seasonally
adjusted annual rate of new single-family home sales.

Unexpected Gain for New Home Sales in November


______________________________________________________________________________________________________________
Home buyers scouring Kitsap
real estate market
Fewer than 4,500 single-family home sales closed last year,
down 7.4 percent over the year before
https://www.kitsapsun.com/story/news/2019/02/04/home-buyers-scouring-kitsap-real-estate-market/2734851002/
__________________________________________________________________________________________________________
Big decline in Vancouver, B.C.,
home prices could be just tip of
iceberg
Metro Vancouver’s composite home price index fell 4.5 percent
in January from a year earlier. Canadian real estate experts see
more troubling indicators.
https://www.seattletimes.com/business/real-estate/big-decline-in-vancouver-b-c-home-prices-could-be-just-tip-of-iceberg/
__________________________________________________________________________________________________________
8 Things To Know Before Buy-
ing A Retirement Condo
Before purchasing the condo, the Williamses didn’t know they
should have scrutinized a document called the reserve study,
an independent analysis of the condo association’s reserve fund
for large expenditures
https://www.forbes.com/sites/nextavenue/2019/02/01/8-things-to-know-before-buying-a-retirement-condo/#3cc033c14c55
______________________________________________________________________________________________________________
Tacoma gets discovered – again
Nothing sets off my inner Tacoma curmudgeon more than
breathless pronouncements from those who have “discovered”
Tacoma.
http://www.tacomadailyindex.com/blog/tacoma-gets-discovered-again/2444614/
______________________________________________________________________________________________________________
Condos built at historic former
Portland West End church to be
sold at auction
Expensive condominiums that were created out of a historic
West End church property are headed to the auction block.

Condos built at historic former Portland West End church to be sold at auction


______________________________________________________________________________________________________________
Portland’s Affordable Housing
Crisis – What’s Being Done?
The January 24, 2019 meeting of the Oregon Chapter of NAIOP,
the Commercial Real Estate Development Association, featured
a panel of affordable housing experts who described the root
causes of Portland’s affordable housing crisis, and what is being
done to fix it.
https://www.jdsupra.com/legalnews/portland-s-affordable-housing-crisis-17923/
_______________________________________________________________________________________________________________
Fewer homes affordable for
middle-class buyers, analysis
finds
Not quite this time. Home purchases in many areas of the
country have dipped, and price gains have slowed. Yet a rising
number of middle-class Americans are finding that home
ownership is unaffordable.
https://www.pbs.org/newshour/economy/fewer-homes-affordable-for-middle-class-buyers-analysis-finds
______________________________________________________________________________________________________________
Falling home sales not helping
middle-class buyers
Not quite this time. Home purchases in many areas of the
country have dipped, and price gains have slowed. Yet a rising
number of middle-class Americans are finding that home
ownership is unaffordable
https://komonews.com/news/business/analysis-falling-home-sales-not-helping-middle-class-buyers
______________________________________________________________________________________________________________
$47.2 billion: Looking back at
Washington’s 2018 real estate
Some balance came to the market, but everything kept growing
https://www.seattlepi.com/realestate/article/Washington-real-estate-market-2018-review-Seattle-13549841.php
______________________________________________________________________________________________________________
100 Best Places to Retire in the
USA
To identify the best places to retire, U.S. News analyzed data for
the 100 largest metropolitan areas in the USA to assess how well
they meet Americans’ retirement needs and expectations. Top
criteria include the happiness of local residents, housing
affordability, tax rates and healthcare quality.
https://realestate.usnews.com/places/rankings/best-places-to-retire
______________________________________________________________________________________________________________
Your kitchen: Likely the most
important room in your house
Your kitchen is most likely the most important room in your
house: where the kids do their homework, where your friends
come for coffee, where you pay your bills and — for most of us
— where we cook our meals.

Your kitchen: Likely the most important room in your house


______________________________________________________________________________________________________________
This Unexpected Part of the
Home Got Some Attention at
CES 2019
Learn about the new product that’s reinventing the electric
socket, and how it could transform your home.

This Unexpected Part of the Home Got Some Attention at CES 2019


_______________________________________________________________________________________________________________
As the expansion ages, Seattle
continues to turn in top
economic performance
No single trick will turn a locality into a world-beater. In
Seattle’s case, much more than Big Tech is behind the strong
performance.
https://www.seattletimes.com/business/economy/as-the-expansion-ages-seattle-continues-to-turn-in-top-economic-performance/
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility

“The time is always right to do what is right.”
~Martin Luther King Jr.
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Buy your own Frank Lloyd Wright
house for $695K
The Boulter House hits the market this Friday
https://www.curbed.com/2019/1/15/18183632/frank-lloyd-wright-house-for-sale-boulter-house
__________________________________________________________________________________________________________
Mortgage rates stay subdued,
bringing relief to slumping
housing market
Americans flocked to line up financing for home purchases as
rates for home loans remained favorable, suggesting the recent
housing downturn may be easing.
https://www.marketwatch.com/story/mortgage-rates-stay-subdued-bringing-relief-to-slumping-housing-market-2019-01-17
__________________________________________________________________________________________________________
Tech brought prosperity and a
housing crisis to Seattle.
Microsoft just stepped forward
with $500M and a plan
The tech giant will fund construction for lower-priced homes

Tech brought prosperity and a housing crisis to Seattle. Microsoft just stepped forward with $500M and a plan


______________________________________________________________________________________________________________
FBI searches Portland business
run by man convicted of fraud,
money laundering
Investigation revealed the business engaged in “at least 30
owner-financed residential real estate transactions” from
Sept. 4, 2015 to May 25, 2017, the document states.
https://www.caller.com/story/news/crime/2019/01/17/fbi-search-portland-business-run-man-convicted-fraud/2609157002/
______________________________________________________________________________________________________________
Student debt hinders millennial
homeownership
New Fed study estimates 400,000 more young adults would be
homeowners, if not for student debt burdens
https://www.curbed.com/2019/1/17/18186772/credit-student-debt-millennial-homeownership
______________________________________________________________________________________________________________
3 outside-the-box alternatives
for home buyers in a tough
housing market
As the housing crunch continues, would-be buyers may want to
consider these unorthodox options
https://www.marketwatch.com/story/as-the-housing-market-crunch-continues-here-are-3-unorthodox-alternatives-to-a-wasted-sunday-afternoon-2019-01-09?mod=andrea-riquier
______________________________________________________________________________________________________________
Don’t Forget To Ask These 14
Questions During Your Property
Inspection
Whether you’re purchasing a home or an investment property,
the final inspection before the sale closes is one of the most
important steps of the process
https://www.forbes.com/sites/forbesrealestatecouncil/2018/12/14/dont-forget-to-ask-these-14-questions-during-your-property-inspection/#66c61adc181c
______________________________________________________________________________________________________________
Mortgage rates hit a 9-month
low as government shutdown is
already biting the housing
market
Throughout 2018, the 30-year-fixed averaged 4.54%. So far in
2019, it’s averaged 4.48%
https://www.marketwatch.com/story/mortgage-rates-hit-a-9-month-low-as-government-shutdown-is-already-biting-the-housing-market-2019-01-10
______________________________________________________________________________________________________________
Homeowners Love Their D.I.Y.
Remodels
Homeowners looking to add personality and individuality to
their home are more likely to undertake a do it yourself remodel
than hire a professional
https://www.nar.realtor/newsroom/homeowners-love-their-diy-remodels-says-realtor-survey
______________________________________________________________________________________________________________
Infographic: 2019 Remodeling
Impact Report: D.I.Y.
47% of consumers completed a home renovation project
themselves (D.I.Y.), while 53% of consumers hired a professional
to do the home renovation project.
https://www.nar.realtor/infographics/infographic-2019-remodeling-impact-report-diy
This report takes a deep dive into the differences between re-
modeling when hiring a professional compared to individuals who
“do it yourself” (D.I.Y. ).
Download:
https://www.nar.realtor/sites/default/files/documents/2019-diy-report-01-03-2019.pdf
__________________________________________________________________________________________________________
Seattle still has the most cranes
in America, and construction
isn’t losing much steam
Most of the cranes dotting the skyline now are building apartment
high-rises, though there are also several new offices going up at a
time of intense competition for space among companies.
https://www.seattletimes.com/business/real-estate/seattle-still-has-the-most-cranes-in-america-and-construction-isnt-losing-much-steam/
__________________________________________________________________________________________________________
Minneapolis to Become First
Major U.S. City to End Single-
Family Zoning
Minneapolis will become the first major U.S. city to end single-
family home zoning. City Council passed Minneapolis 2040, a
plan to permit three-family homes in the city’s residential
neighborhoods. This significant zoning change will also allow
high-density buildings along transit corridors and abolish
parking minimums for all new construction
https://www.archdaily.com/907764/minneapolis-to-become-first-major-us-city-to-end-single-family-zoning
______________________________________________________________________________________________________________
More King County residents
moving to Kitsap
Kitsap County has moved up the list of destinations for people
moving out of King County, according to a U.S. Census Bureau
report.
https://www.kitsapsun.com/story/news/2018/12/26/census-more-king-county-residents-moving-kitsap/2416483002/
______________________________________________________________________________________________________________
Rich people approach problems
like this — and it helps explain
why they’re wealthy
Optimists are far more likely than pessimists to make smart
money moves, new research reveals.
https://www.marketwatch.com/story/rich-people-approach-problems-like-this-and-it-helps-explain-why-theyre-wealthy-2019-01-17?mod=MW_story_top_stories
______________________________________________________________________________________________________________
The deed to your Seattle-area
home may contain racist l
anguage. Here’s how to fix it.
Starting in the 1920s, covenants in force throughout the region
allowed only white people to own property in most neighbor-
hoods in Seattle. The covenants were outlawed in the 1960s, but
now a new state law allows property owners to strike them from
a property deed.
https://www.seattletimes.com/seattle-news/the-deed-to-your-house-may-contain-racist-covenants-heres-how-to-fix-it/
______________________________________________________________________________________________________________
Eastside Rail Corridor re-
branding in 2019
The Eastside Rail Corridor (ERC), the multi-purpose corridor
connecting Renton, Bellevue, Kirkland, Woodinville and
Redmond, is getting a new name and brand in 2019.

Eastside Rail Corridor rebranding in 2019


_______________________________________________________________________________________________________________
How a recession could impact
the housing market
The fundamentals of the housing market are strong. But is it
recession-proof?
https://www.curbed.com/2019/1/10/18139601/recession-impact-housing-market-interest-rates
______________________________________________________________________________________________________________
How to equip your home gym on
a budget
Don’t have the time or money to join a gym? Don’t worry! There
are plenty of ways you can work your muscles from the comfort
of your own home without overspending. In fact, you can create
an entire home workout circuit by purchasing exercise
equipment on the cheap or using props that are already part of
your home
https://www.freep.com/story/sponsor-story/henry-ford-health-system/2019/01/14/how-equip-your-home-gym-budget/2551940002/
______________________________________________________________________________________________________________
Get ready: home remodeling is
set to surge at the fastest pace
in more than a decade
Home remodeling is projected to grow at the fastest pace in more
than a decade this year, according to a report out Thursday.
https://www.marketwatch.com/story/get-ready-home-remodeling-is-set-to-surge-at-the-fastest-pace-in-more-than-a-decade-2018-01-18
______________________________________________________________________________________________________________
Modern Japanese house in the
woods looks like fallen leaves
The “Four Leaves” weekend villa is a deep breath in the form of
a building. Located 93 miles outside of Tokyo, the house was
designed as a serene forest retreat from the city’s fast pace.
https://www.curbed.com/2018/12/14/18139964/modern-japanese-house-kentaro-ishida-architects
______________________________________________________________________________________________________________
The stock market hasn’t started
a year this strongly since 1987
— uh-oh!
Although the Federal Reserve appears to be in pause mode, the
central bank does want to eventually normalize interest-rate
policy, which may add more friction for small-cap names.
https://www.marketwatch.com/story/small-cap-stocks-are-off-to-the-best-start-to-a-year-since-1987-uh-oh-2019-01-17?mod=MW_story_top_stories
______________________________________________________________________________________________________________
Viadoom day 5: Tracking the
afternoon commute
After three relatively light days of traffic, the afternoon commute
on the fourth day of Viadoom quickly became the worst drive of
the week, thanks to rain and a handful of collisions. Friday
morning’s commute started off with fire.

Viadoom Day 5: Traffic snarled by car fires, crashes, and protest

______________________________________________________________________

First Look: Inside Boeing’s New Private Business Jet, BBJ 777X


_______________________________________________________________________________________________________________
Tech set to continue driving
Seattle-area housing market in
2019
As 2019 begins, the bustling technology sector in the Seattle
area is likely to continue fueling Seattle’s housing market,
though there will be some changes.

Tech set to continue driving Seattle-area housing market in 2019


_______________________________________________________________________________________________________________
The best ways to get into
downtown Seattle during
Viadoom
The upwards of 90,000 cars that regularly use the route will
have to find an alternative, and in this series of special Choke-
point columns, we’re looking at what options are best depending
on where you’re coming from.

Viadoom Day 5: Traffic snarled by car fires, crashes, and protest


__________________________________________________________________________________________________________
The myth of ‘We don’t build
houses like we used to’
The common lament misses crucial context about the style
trends and building materials of the pasthttps://www.curbed.com/2019/1/16/18184194/mcmansion-hell-kate-wagner-modern-building-materials
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an ageing retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility

“Yeah we all shine on, like the moon, and the stars, and the sun.”
~ John Lennon
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Home buyers have “window of
opportunity” with shift to more
balanced market
With more plentiful inventory, recently announced increases in
lending limits, and moderating prices, prospective home buyers
are finding more options around Western Washington, according
to industry experts from Northwest Multiple Listing Service.
http://www.northwestmls.com/index.cfm?/News–Information
__________________________________________________________________________________________________________
Here’s when the City Council
could upzone Seattle
neighborhoods
The City Council outlined a tentative timeline for when it might
approve upzones in parts of more than two dozen neighborhoods
across Seattle.
https://www.seattletimes.com/seattle-news/politics/heres-when-the-city-council-could-upzone-seattle-neighborhoods/
______________________________________________________________________________________________________________
Fed still likely to raise interest
rates in December, economists
say — even as stock market
gyrates
The FOMC “made clear” in the minutes of the November
meeting that they intend to raise interest rates in December
and “their whole mantra has been that gradual rate hikes
remain appropriate,”
https://www.marketwatch.com/story/fed-still-likely-to-raise-interest-rates-in-december-economists-say-even-as-stock-market-gyrates-2018-12-06
______________________________________________________________________________________________________________
If you haven’t waded into
Seattle’s real estate (but want
to) now’s the time
The Seattle market is cooling, and experts think now is the
perfect time to take a first dive in
https://www.seattlepi.com/realestate/article/Seattle-real-estate-buy-primer-millennial-new-13440137.php
______________________________________________________________________________________________________________
Winter Might Actually Be the
Best Time to Sell Your Home:
Here’s Why
Spring and summer are the most popular times of year to sell a
house, but winter hides surprising potential to make even more
cold, hard cash.
http://videos-a.jwpsrv.com/content/conversions/Obf13ESt/videos/Xt5nyFLk-21944002.mp4?hdnts=exp=1544244166~acl=*/Xt5nyFLk-21944002.mp4~hmac=092f46e1503e455772b1cfdc138010e399a03b8feb7a179263763896b760adfd
______________________________________________________________________________________________________________
How to Create a Holiday-Themed
Kitchen
Bring the ho, ho, ho to the heart of your home! The holidays are
here and you’ll want to make sure your kitchen is prepped for the
season! Here are some things you can do right now to get your
kitchen ready for a party!

How to Create a Holiday-Themed Kitchen


______________________________________________________________________________________________________________
U.S. Residential Real Estate
Markets are Peaking and Some
Cities are in a Pricing Bubble,
BH&J Buy vs. Rent Index Shows
U.S. metropolitan residential real estate markets are peaking and
some cities are in another pricing bubble, according to the latest
national index produced by Florida Atlantic University and
Florida International University faculty.
https://www.prnewswire.com/news-releases/us-residential-real-estate-markets-are-peaking-and-some-cities-are-in-a-pricing-bubble-bhj-buy-vs-rent-index-shows-300759260.html
______________________________________________________________________________________________________________
BERACHA, HARDIN & JOHNSON
BUY VS. RENT INDEX
The Pending Home Sales Index,* www.nar.realtor/pending-
home-sales, a forward-looking indicator based on contract
signings, decreased 2.6 percent to 102.1 in October, down from
104.8 in September. However, year-over-year contract signings
dropped 6.7 percent, making this the tenth straight month of
annual decreases.
https://www.nar.realtor/newsroom/pending-home-sales-slip-2-6-percent-in-october
_______________________________________________________________________________________________________________
How exactly are loan interest
rates determined?
Let’s say that two people walk into a bank for a loan. Both have
similar jobs. Both have similar backgrounds and both have
similar debt. However, one will receive a lower interest rate on
his loan than the other.
https://www.theadvertiser.com/story/news/local/2018/12/02/how-exactly-loan-interest-rates-determined/2163494002/
______________________________________________________________________________________________________________
Seattle’s housing crunch could
be eased by changes to single-
family zoning, city report says
In case global warming makes their homes uninhabitable, some
millennials have a Plan B: investing in places like the Catskills,
Oregon and Vermont.

______________________________________________________________________________________________________________
Luxury home sales could see
long winter chill
Luxury home prices are seeing the smallest gains in nearly two
years
https://www.cnbc.com/2018/12/04/the-housing-market-is-cooling-and-toll-outlook-shows-luxury-hit-hard.html
______________________________________________________________________________________________________________
Seattle-area home prices drop
again — down 11 percent in last
six months
The cool-down in King County’s real-estate market has now
reached six months, and the drop in home prices over that span
is among the largest on record.
https://www.seattletimes.com/business/real-estate/seattle-area-home-prices-drop-again-with-6-month-decline-among-largest-ever/
______________________________________________________________________________________________________________
Fewer Americans are flipping
homes — and that’s a bad sign
for the housing market
‘Home flipping acts as a canary in the coal mine for a cooling
housing market.’
https://www.marketwatch.com/story/fewer-americans-are-flipping-homes-and-thats-a-bad-sign-for-the-housing-market-2018-12-06
______________________________________________________________________________________________________________
Why so many property listings
advertised as ‘bargains’ sell
above the asking price
Buyers in San Jose, Calif. and Dayton, Ohio will find wildly
different versions of ‘bargain’ home listings, a new report finds
https://www.marketwatch.com/story/found-a-home-listing-that-claims-to-be-a-bargain-it-could-be-depending-on-where-you-are-2018-11-15
______________________________________________________________________________________________________________
Conquering the Clutter Before
the Spring Selling Season
If you plan to put your home on the market this spring, one of t
he first steps you should take is corralling the clutter and getting
your home organized. There’s a lot to do before the for-sale sign
goes up, and spring will be here before you know it, so why not
start the process after the holidays. Here are a few ideas to get
you started.

Conquering the Clutter Before the Spring Selling Season


_______________________________________________________________________________________________________________
Active Home Buyers are
Spending Significant Amounts
of Time Looking for the Right
Home
In the third quarter of 2018, 13% of adults in NAHB’s Housing
Trends Report* poll report planning to purchase a home in the
next 12 months. Of that group, 46 percent are not merely
planning it, they are already actively engaged in the search for
the right home to buy. And they are spending significant
amounts of time looking. In fact, 54% of those actively engaged
in the process have been trying to find the right home for three
months or longer.

Active Home Buyers are Spending Significant Amounts of Time Looking for the Right Home


______________________________________________________________________________________________________________
The Housing Slowdown Is Here
and These 10 Cities Are Getting
Hit Hardest
The real estate market has begun to slow down—and house
hunters have taken note. We found the top 10 markets that are s
lowing the most.
https://www.mysanantonio.com/realestate/article/The-Housing-Slowdown-Is-Here-and-These-10-13438791.php
_______________________________________________________________________________________________________________
Winter Might Actually Be the
Best Time to Sell Your Home:
Here’s Why
Spring and summer are the most popular times of year to sell a
house, but winter hides surprising potential to make even more
cold, hard cash.
http://videos-a.jwpsrv.com/content/conversions/Obf13ESt/videos/Xt5nyFLk-21944002.mp4?hdnts=exp=1544244166~acl=*/Xt5nyFLk-21944002.mp4~hmac=092f46e1503e455772b1cfdc138010e399a03b8feb7a179263763896b760adfd
______________________________________________________________________________________________________________
Christmas Light Safety Tips:
Did You Deck Your Halls the
Right Way?
These Christmas light safety tips will help you get in the
holiday spirit and reduce your risk of fire or electric shock
injuries.
https://www.realtor.com/advice/home-improvement/christmas-light-safety-tips/
__________________________________________________________________________________________________________

A Silicon Valley Retreat Where
‘Star Trek’ Meets ‘Star Wars’
Now a 49-year-old tech entrepreneur, Mr. Qurashi has made
futuristic features a reality in his gadget-filled Northern
California home, where he can open the shades while lying in
bed and set the temperature of the shower before entering the
bathroom.
https://www.realtor.com/news/unique-homes/silicon-valley-retreat-star-trek-meets-star-wars/

___________________________________________________________________________________________________
___________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable
either as Excel or PDF files (updated weekly). Housing data and
primary indicators of the industry are housed in one easy-to navi-
gate location containing historical and current sets of statistics
such as:Housing Starts (by Region & Structure Type), Homes
Sold by Region, Producer Price Indexes(for Building Materials),
Manufactured Homes, New Home Characteristics, Residential
Vacancy & Absorption Rates,Units Under Construction, Value of
New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home
price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after
the bubble of the past decade. Here’s a look at where various
gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Seattle Gives Green Light to Northgate
Mall Redevelopment Plan with New
NHL Seattle Facility

The NHL is coming to Seattle, and the group that will
bring a team to the Emerald City has announced that
it would make its home at the Northgate Mall, where
developer Simon Property Group is looking to
transform an aging retail destination into one of the
region’s most vibrant new neighborhoods and
experience centers. This week, the project owners
also received approval at a second Early Design
Guidance meeting to advance the revised plans for
the redevelopment that now include an ice hockey
center, offices for NHL Seattle, the team ownership,
and a second hotel.

Seattle Gives Green Light to Northgate Mall Redevelopment Plan with New NHL Seattle Facility


______________________________________________________________________________________________________________

“Owning a home is a keystone of wealth… both financial affluence and emotional security”.

~ Suze Orman

__________________________

Metro Seattle home prices falling at fastest rate in U.S.

Seattle had led the nation in home price increases for nearly two years and had been among the top two markets in the country for almost three years, but that has changed recently.

https://www.seattletimes.com/business/real-estate/metro-seattle-home-prices-falling-at-fastest-rate-in-u-s/

______________________________________________________________________________________________________________

Portland real estate market sees a slowdown

The Portland real estate market has been sizzling hot for years, but now it seems to be slowing down just a little.

https://www.kgw.com/article/money/business/portland-real-estate-market-sees-a-slowdown/283-618601586

______________________________________________________________________________________________________________

S&P/Case-Shiller WA-Seattle Home Price Index

Economic Research from the Federal Reserve Bank of St. Louis lays out the Case Schiller report in an easy to read format!

https://fred.stlouisfed.org/series/SEXRNSA ______________________________________________________________________________________________________________

S&P/Case-Shiller OR-Portland Home Price Index

Economic Research from the Federal Reserve Bank of St. Louis lays out the Case Schiller report in an easy to read format!

https://fred.stlouisfed.org/series/POXRNSA

______________________________________________________________________________________________________________

Understanding The Case-Shiller Housing Index

You’ve probably heard the Case-Shiller Index mentioned repeatedly in the news. Maybe you know it has something to do with home prices and the housing market. But what is this index, exactly, and how does it

https://www.investopedia.com/articles/mortgages-real-estate/10/understanding-case-shiller-index.asp

______________________________________________________________________________________________________________
Pending Home Sales Slip 2.6 Percent in October

The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, decreased 2.6 percent to 102.1 in October, down from 104.8 in September. However, year-over-year contract signings dropped 6.7 percent, making this the tenth straight month of annual decreases.

https://www.nar.realtor/newsroom/pending-home-sales-slip-2-6-percent-in-october

_______________________________________________________________________________________________________________

How Will Real Estate Handle Rising Interest Rates?

Areas with strong job growth may be able to weather higher mortgage rates, analysts say.

https://money.usnews.com/investing/real-estate-investments/articles/how-will-real-estate-withstand-rising-interest-rates

______________________________________________________________________________________________________________

Fed Minutes Signal December Interest Rate Increase

The Federal Reserve is poised to raise interest rates at its next policymaking session in mid-December,

______________________________________________________________________________________________________________

Climate Change Insurance: Buy Land Somewhere Else

In case global warming makes their homes uninhabitable, some millennials have a Plan B: investing in places like the Catskills, Oregon and Vermont.

______________________________________________________________________________________________________________

4 Tips for Investing in Property in Another Area

Investors should look for growing regions and then pay attention to the taxes.

https://money.usnews.com/investing/real-estate-investments/articles/2018-08-16/4-tips-for-investing-in-property-in-another-area

______________________________________________________________________________________________________________

Rising interest rates, home prices will make buying, selling a home tougher in 2019

In this Rising home prices and interest rates are expected to make buying and selling a home more difficult in 2019. Portland and South Portland are expected to see sales growth of single-family homes fall half a percent next year, though prices will continue to rise close to 5 percent, according to a realtor.com 2019 housing forecast.

Rising interest rates, home prices will make buying, selling a home tougher in 2019

______________________________________________________________________________________________________________

Realtor.com’s 2019 Housing Forecast Is Pretty Interesting

Here’s a look at realtor.com’s® housing forecast for 2019. Look at rising mortgage rates to play an even greater part in affordability. Realtor.com looks to San Jose-Sunnyvale-Santa Clara, Calif.; Seattle-Tacoma- Bellevue, Wash.; Worcester, Mass.-Conn.; Boston-Cambridge-Newton, Mass.-N.H.; and Nashville-Davidson– Murfreesboro–Franklin, Tenn for potential double-digit inventory gains.

https://www.forbes.com/sites/ellenparis/2018/11/29/realtor-coms-2019-housing-forecast-is-pretty-interesting/#2e356bb616cd

______________________________________________________________________________________________________________

What is your Burnout prevention plan for 2019

Over the past year, as prices continued to rise, the median home value in more than 100 neighborhoods crossed into $1 million territory.

https://www.trulia.com/research/million-dollar-neighborhoods-nov18/

______________________________________________________________________________________________________________

‘Psychologically scarred’ millennials are killing countless industries from napkins to Applebee’s

The concept of “starter homes” — they’re renting longer and buying expensive houses later

_______________________________________________________________________________________________________________

The Man-Made Affordable-Housing ‘Crisis’

In Mandarin English, these domiciles are “accessory dwelling units,” smaller secondary residences built on the lots of other houses.

https://www.nationalreview.com/2018/11/affordable-housing-crisis-man-made-regulations/

______________________________________________________________________________________________________________

Future U.S. seniors to face housing crunch as wealth declines

In years to come, the housing picture will become even more gray as baby boomers head into their seventies and eighties.

https://www.reuters.com/article/us-column-miller-housing/column-future-u-s-seniors-to-face-housing-crunch-as-wealth-declines-idUSKCN1NY1CJ

_______________________________________________________________________________________________________________

The housing market is having a wobble

House prices are rising nationally just as, according to Freddie Mac (a government-backed mortgage insurer), the effective rate on home loans has risen by 0.8 percentage points since 2017.

https://www.economist.com/united-states/2018/12/01/the-housing-market-is-having-a-wobble

______________________________________________________________________________________________________________

Airbnb will start testing prototype homes next year, report says

The new project, called Backyard, will assess how novel manufacturing techniques, connected devices and feedback from Airbnb customers can be used to design new types of buildings that adapt to flexible living arrangements.

https://www.seattletimes.com/business/real-estate/airbnb-will-start-testing-prototype-homes-next-year-report-says/

__________________________________________________________________________________________________________

The 4 Key Trends Home Buyers and Sellers Should Watch in 2019

Now, markets are like the weather: You can’t entirely predict how they will act, but you can get a sense of the forces that will push things in one direction or another.

https://www.realtor.com/news/trends/real-estate-trends-expect-2019/

__________________________________________________________________________________________________________

Desert Delight! Luxe Midcentury Modern in Palm Springs Gets Full Makeover

If you’re into shades of sea foam green and mauve, boomerang tables, and “Mad Men” marathons, you already know Palm Springs is the mothership for midcentury modern housing stock.

https://www.realtor.com/news/unique-homes/midcentury-modern-makeover-palm-springs/

______________________________________________________________________________________________________________

______________________________________________________________________________________________________________

______________________________________________________________________________________________________________

Market Hotness Index

Metro Hotness – Zip Code and County Hotness

Market Hotness Index

______________________________________________________________________________________________________________

HOUSING STATISTICS

Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.

http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311

______________________________________________________________________________________________________________

Economic Indicators

U.S. Census Bureau Economic Indicators

https://www.census.gov/economic-indicators/

______________________________________________________________________________________________________________

CoreLogic Home Price Insights

The most geographically comprehensive and current home price index.

http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

______________________________________________________________________________________________________________

Bureau of Economic Analysis

U.S. Economy at a Glance

http://www.bea.gov/index.htm

______________________________________________________________________________________________________________

U.S. Housing Market Tracker

The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.

http://graphics.wsj.com/us-housing-market/

______________________________________________________________________________________________________________

Mortgage Market Survey Archive

Compilation of Weekly Survey Data for 2015

http://www.freddiemac.com/pmms/archive.html

______________________________________________________________________________________________________________

Housing Economics

NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.

https://www.nahb.org/en/research/housing-economics.aspx

______________________________________________________________________________________________________________

“This Weeks Links” are compiled by John Deely