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Seattle is America’s fastest-cooling housing market, Redfin says
The Seattle-place housing marketplace cooled faster in recent months than any other location in the place, highlighting the squeeze rising curiosity premiums are putting on an high priced marketplace. That evaluation will come from Seattle-based mostly brokerage Redfin, which ranked U.S. metro places primarily based on how rapidly their housing markets are slowing down. The 10 quickest-cooling markets include extensive-dear regions, these kinds of as Seattle and San Diego, as well as metropolitan areas like Phoenix that saw a big influx of new residents all through the pandemic. “These are all places wherever homebuyers are sensation the sting of mounting household rates, increased property finance loan premiums and inflation really…