Seattle: Are Homes Selling in 2026?

In Mid-Q2 2026, Seattle closed 2.8K home sales, ↑~2% yearly, showing transactions continued even as the city's market stayed measured overall recently.
Pending sales totaled 2.8K in Seattle, ↓~7% yearly, while median days on market reached 21, taking 7 more days than a year earlier.
Active listings climbed to 11.1K, ↑~12% yearly, giving Seattle more homes on the market during Mid-Q2 2026 than the same period earlier.
Only ~16% of Seattle listings sold above original list price, ↓~6 percentage points yearly, while 46% remained unsold after 60 days, ↑~5 points.
These Seattle figures reflected seasonally adjusted monthly medians from Mid-Q2 2026, using sales, pending activity, active listings, and time-on-market to track momentum.

You may not need as much down payment as you think you do

The 20% down payment on a home is a convention, not a requirement. While it avoids private mortgage insurance (PMI), saving that amount can delay buying and increase costs due to rising home prices. Loans with as little as 3% down exist, with varying PMI costs. Different loan types—conventional, FHA, adjustable-rate, and interest-only—offer flexibility. Assistance programs and hybrid loans can also help. Pre-approval reveals personalized options, and maintaining cash reserves post-purchase is crucial.

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US Millennials Drive Luxury Home Demand

Millennials are the fastest-growing segment in upscale Real Estate in current 2026, with luxury agents seeing strong interest above $5M from younger buyers.
Buyers in their 30s and 40s are purchasing $7M to $25M homes, supported by tech wealth and early family transfers from parents.
Tax-free lifetime gift limits began in Early-Q1 2026 at up to $15M per person or $30M per couple, creating planning flexibility now.
Luxury preferences are shifting toward long-term wellness homes with purification systems, ice baths, biophilic design, move-in quality, and future adaptability for affluent buyers.
Intergenerational transfers are expected to reach ~$124T in coming decades across the US, with millennials, especially women, positioned for major gains ahead.

Seattle Homes: 21 Days to Go Pending

In Mid-Q2 2026, Seattle homes spent a median 21 days on market, 7 days longer yearly, giving buyers more time to compare options.
Roughly ~32% of Seattle listings went pending within one week, and ~43% within two weeks, both yearly declines that point to softer competition.
Seattle sellers received ~99% of list price on avg. in Mid-Q2 2026, down slightly yearly, showing buyers had somewhat more negotiating room.
The median Seattle sale price was ~$842K in Mid-Q2 2026, a slight yearly dip, suggesting values stayed relatively steady while market speed eased.
For Seattle buyers active now, the slower pace can mean more room to negotiate and less pressure as affordability has improved gradually.

The Complete Homebuying Guide

Buying a home involves key steps: determining your must-haves, choosing a home type, estimating mortgage affordability, and planning for down payment and closing costs. Shop for homes and lenders, get pre-approved, submit competitive offers, and conduct home inspections. After closing, maintain the property, save for emergencies, and continue retirement savings. First-time buyers may qualify for assistance programs. Preparation helps secure the ideal home within budget.

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Hello July! ☀️Here Is Your Newsletter

July is one of my favorite months here in the Pacific Northwest! From Fourth of July celebrations and parades to outdoor concerts, farmers markets, wine tasting, community festivals, and waterfront events, there’s truly something for everyone to enjoy.

This year makes the celebration even more special as America marks its 250th anniversary—a milestone honoring 250 years of our nation’s history, independence, and the communities that make it so special. It’s the perfect time to get out, support local events, and make memories with family and friends.

🏡 A quick real estate update: The market continues to offer opportunities for both buyers and sellers. Inventory has been gradually improving, giving buyers more choices, while well-priced, well-prepared homes are still attracting strong interest. Interest rates remain an important factor, so having the right strategy—and the right team—can make all the difference.

Be sure to check out my July Newsletter for local events, market updates, homeowner tips, and everything happening around Snohomish County this month.

Wishing you all a safe, happy, and memorable July filled with sunshine, laughter, and time with the people you love. ❤️🤍💙

#HelloJuly #FourthOfJuly #America250 #SnohomishCounty #MillCreek #EverettWA #SilverLake #CommunityEvents #SummerInThePNW #RealEstateUpdate #Homeownership #SupportLocal #SnohomishCountyHomes

New Tool Shows Total Cost to Own a Home

A new home-search feature helps US buyers compare long-term ownership costs, adding maintenance, utility, and replacement estimates for newly built and resale homes.
An accompanying analysis found newly built homes save buyers avg. $25.3K over the first 10 yr of ownership versus 20-yr-old homes nationwide.
The shift reflects affordability decisions moving beyond purchase price, as utility bills, insurance, maintenance needs, and replacement costs increasingly shape how buyers evaluate homes.
The scoring system evaluates US single-family homes across safety, comfort, operations, resilience, and energy, using climate data, utility costs, maintenance projections, and benchmarks.
Housing professionals increasingly focus on home performance and ownership predictability, bringing total cost estimates directly into search tools for a fuller buying picture.

Seattle Housing Outlook Heading Into 2026

Seattle 2026 mortgage rates near 6%, easing monthly payments, but affordability remains strained for many buyers.

Seattle home values likely stay flat in 2026, with slightly higher inventory favoring buyers.

Everett Families Enhance Homes with Beautiful Additions

Families facing space challenges in Everett often find moving to a larger home unaffordable or impractical due to market conditions. For many, adding a home addition proves a smarter, more feasible solution. While not suitable for every homeowner or lot, home additions can address needs like extra bedrooms or home offices, offering a practical alternative to relocating in the current real estate market.

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