
Seattle’s Housing Market Is Cooling Faster Than Any Other in the U.S.
High mortgage rates, persistent inflation and economic uncertainty are cooling down expensive markets like Seattle and San Jose, along with pandemic homebuying hotspots like Las
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

High mortgage rates, persistent inflation and economic uncertainty are cooling down expensive markets like Seattle and San Jose, along with pandemic homebuying hotspots like Las

High mortgage rates, persistent inflation and economic woes are making expensive parts of the country less attractive and relatively affordable places more popular. Migration out

The share of U.S. homes bought with all cash is down slightly from the peak reached earlier this year as the market cools, but still

Home prices are down 6% from the record high they reached in June, bidding wars are at their lowest level in more than two years

Inflation is hitting young renters hard because the cost of rent and other expenses has increased much faster than their incomes. Millennials who took on

Would-be sellers are reluctant to list their homes as they have begun to see prices come down. With few new listings, buyers’ newfound bargaining power

High mortgage rates, persistent inflation and economic uncertainty are cooling down expensive markets like Seattle and San Jose, along with pandemic homebuying hotspots like Las

High mortgage rates, persistent inflation and economic woes are making expensive parts of the country less attractive and relatively affordable places more popular. Migration out

The share of U.S. homes bought with all cash is down slightly from the peak reached earlier this year as the market cools, but still

Home prices are down 6% from the record high they reached in June, bidding wars are at their lowest level in more than two years

Inflation is hitting young renters hard because the cost of rent and other expenses has increased much faster than their incomes. Millennials who took on

Would-be sellers are reluctant to list their homes as they have begun to see prices come down. With few new listings, buyers’ newfound bargaining power