Washington

Homebuyers looking in Seattle and the Eastside have had many more homes to choose from lately and have even seen prices drop significantly from their record-setting spring highs.

Home prices are continuing to fall across an unseasonably cool Seattle real estate market, with homes that would have been snapped up in an instant just several months ago now sitting unsold.

Seattle is building housing like never before, while housing growth has slowed significantly in the suburbs.

Almost $50 billion. That's how much Spokane County, Wash., is worth, according to this year's property assessments, up $4.1 billion over last year.

For the first time in a year and a half, Washington is no longer the state with the hottest housing market in the country, though not because homes here have suddenly become cheap.

Seattle-area home prices led the country again over the peak spring period and grew at their fastest rate since the 2006 bubble, spurred by a spike in home costs in the metro area's least-expensive homes.

For now, Pullman, Wash., real estate is a sellers' market.

Spokane County, Wash., home prices rose in June, but the number of sales dropped off slightly.

Home prices dropped from May to June in King County, Wash., for the first time since the recession, as competition among buyers weakened and the number of homes for sale surged.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.

At least there were more homes for sale last month in Pierce County, Wash.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

As house values continued growing, homeowners with mortgages saw their equity increase 13.3% year-over-year in the first quarter, a gain of over $1.01 trillion, according to CoreLogic.

Single-family home prices in the Seattle area continue to reach new highs despite increasing inventory in May, according to the Northwest Multiple Listing Service.

Single-family home rentals are especially important for families who can't squeeze into a one-bedroom apartment but don't have the money to buy a house.

Spokane, Wash.-area housing prices took another big leap in April, with the median sales price topping $231,000.

When it comes to purchasing a home, buyers have to put a lot of research and thought into any decision they make. From finding the best fit with a real estate agent, to how much work they are willing to do on move-in day, setting a budget and of course, picking the house itself.

The Seattle company has faced criticism from an investor over its commitment to the business, which lost money in the first quarter.

Seattle kicked off 2018 the same way it spent the prior year and a half, as the hottest real estate market in the country, with no slowing down.