It sounds logical. The Federal Reserve cuts interest rates, mortgage rates come down. The Fed raises rates, mortgage rates go up. Except that’s not actually how it works. This is one of the biggest misconceptions I hear when people talk about the housing market. And with every Federal Reserve meeting getting plenty of headlines, it’s […]

We’re officially into October, and the fall market is starting to look like the fall market. I was out of the country last week, so there was no market update. That means the comparison below is to our last update from two weeks ago rather than a true week over week comparison. And there are […]

Renton is one of those cities that can be surprisingly difficult to sum up in a sentence. It sits at the southeast corner of Lake Washington, roughly 11 miles south of Seattle, with easy connections toward Bellevue, Seattle, SeaTac, and the rest of the Eastside. But depending on where you are in Renton, the community […]

If I had a dollar for every time a buyer told me, “I’m just going to wait for rates to come down,” I could probably buy down somebody’s interest rate myself. I get it. Mortgage rates have been one of the biggest frustrations for homebuyers over the past few years. And lately, they’ve been moving […]