
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
Sheharyar’s research focuses on better understanding the housing market for audiences inside and outside of Redfin. Prior to joining Redfin, he created commercial real estate sale and rental price indices at the MIT Center for Real Estate. He has also done research on consumer decisions and behavioral biases in real estate pricing. Sheharyar holds a PhD from MIT in Urban and Real Estate Studies.

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

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

Investors scooped up more homes in the second quarter than before the pandemic, but purchases leveled off from their 2021 peak as investors reacted to

Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.

San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market

Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years. Many pandemic homebuyers purchased vacation homes,

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

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

Investors scooped up more homes in the second quarter than before the pandemic, but purchases leveled off from their 2021 peak as investors reacted to

Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.

San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market

Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years. Many pandemic homebuyers purchased vacation homes,