Seattle Real Estate Podcast

Here we go again – homeowners are pulling their properties off the market rather than dropping prices, creating a housing deadlock that's making everyone scratch their heads. With 38% more delistings since the start of 2025 and sellers sitting pretty on their 2-3% mortgage rates, they're basically telling buyers "take it or leave it." Meanwhile, thanks to the Biden-era housing price explosion and the "transitory" inflation that's still hanging around like a bad houseguest, first-time buyers are priced out of starter homes that somehow cost $1-2 million. Remember when they told us all that government spending would reduce inflation? How's that working out? We're still dealing with the aftermath of dumping trillions into an overheated market while being told it was all temporary. Is anyone surprised that mortgage rates are stuck above 6% when we're still cooling off from that inflation bonfire? What's it going to take – a good old-fashioned recession – to get this market moving again? Drop a comment and let me know what you think happens next. Don't forget to subscribe and hit that notification bell!

The latest Northwest MLS (NWMLS) September 2025 Market Snapshot is out — and the data shows a clear shift!📈 Active listings jumped 27.3% year-over-year, giving buyers more options.💲 Median home prices slipped 0.7% from last year, sitting around $630,700.🏡 Closed sales were up nearly 6%, showing steady buyer demand despite higher inventory.🔔 Subscribe for monthly housing market updates and local real estate insights from the Pacific Northwest.

The FTC just filed a major antitrust lawsuit against Zillow and Redfin over a $100 million rental listings deal. Regulators claim the agreement was designed to eliminate competition in multifamily rental advertising — with commitments lasting up to nine years and layoffs of 450 Redfin employees.Zillow and Redfin deny wrongdoing, calling the partnership pro-consumer and a way to expand renter access. But the FTC says it’s “obviously anticompetitive” and is seeking structural relief, which could include divestiture or breaking apart parts of the deal.

The FTC just filed a major antitrust lawsuit against Zillow and Redfin over a $100 million rental listings deal. Regulators claim the agreement was designed to eliminate competition in multifamily rental advertising — with commitments lasting up to nine years and layoffs of 450 Redfin employees.Zillow and Redfin deny wrongdoing, calling the partnership pro-consumer and a way to expand renter access. But the FTC says it’s “obviously anticompetitive” and is seeking structural relief, which could include divestiture or breaking apart parts of the deal.

August 2025 brought cooler housing activity across Washington state, according to the latest NWMLS report. While closed sales dropped month-to-month, inventory is up nearly 31% year-over-year, giving buyers more options than they’ve had in years.