Seattle Real Estate News
Seattle
U.S. Monthly Housing Payments Hit Record High in 2025
According to Redfin, a national property brokerage, the typical U.S. homebuyer's monthly housing payment reached a record high of $2,807 in March 2025, marking a 5.3% increase from the previous year.
Wealthy Renters Are Taking Over More of the U.S. Rental Market
New data from Redfin shows that nearly three-quarters of the most populous U.S. metro areas (35 out of 50) have seen an increase in wealthy renters, with Raleigh, NC, and Orlando, FL, leading the trend.
U.S. Home Purchase Cancellations Surge, 1 in 7 Sales Getting Canceled
New data from Redfin reveals a growing trend of canceled home purchases across the U.S., with the highest rates in the Southeast. In January 2025, more than 41,000 home-purchase agreements fell through, representing 14.3% of all contracts signed that month.
Phoenix, Orange County and Inland Empire Emerge as Leading U.S. Industrial Markets
In the final quarter of 2024, industrial real estate remained one of the most stable segments within commercial real estate, according to CommercialCafe.
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