Blog
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🏠 “We’re so f—–” but buyers haven’t given up
“We’re so f———.” That was the email I got from another agent after last week’s newsletter. At the time, mortgage rates were at 7.17%. Today, they’re at 7.6%. You’d expect buyers to hit the brakes. But did they? Last week, buyers across Seattle and the Eastside put 314 homes under contract. Compare that to 351 […]
Matt Goyer
October 1, 2026
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🏠 Early fall market signals (+ a $71M new listing)
After a massive wave of new listings over the past two weeks, how many more will we see? Are any buyers out there? Early signals for the fall season: sellers far outnumber buyers (see the graphs below), and prices will likely be coming down once we have data for September and October. Here’s what we’re […]
Matt Goyer
September 23, 2026
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🏠 500+ listings in 1 week (and rates at 7.22%)
Mortgage rates are at their highest point since January 2025, and we just logged the busiest week for new listings in the eight years we’ve been tracking this data—the only week on record to cross the 500 mark. Supply is surging while demand remains soft, putting immediate pressure on sellers. With the fall market wrapping […]
Matt Goyer
September 16, 2026
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🏠 Seattle prices stop defying gravity
Welcome to the fall real estate market! For buyers, the next 5 to 7 weeks should bring a steady stream of new listings. For sellers, your runway to get pending before the “big dark” sets in is… exactly 5 to 7 weeks. And both sides can agree on one thing: mortgage rates flirting with 7% […]
Matt Goyer
September 10, 2026
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🏠 Is it September already?! (+ Fall Market Preview)
Can you believe it’s September already? I’m definitely in denial. Summer is my favorite season. Sigh. Between the potential Seattle Public Schools strike, especially with school starting prior to Labor Day this year (!?), and high mortgage rates, there is plenty to complain about this week. But instead of complaining, here’s what’s happening with Seattle area real […]
Matt Goyer
September 2, 2026
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🏠 $10M penthouse goes pending
Is anyone still in Seattle this week, or is everyone squeezing in one last summer vacation? (Unless you have kids in Mercer Island elementary schools, who started today! And here I thought it was criminal that Seattle Public Schools is starting before Labor Day, assuming teachers don’t strike 😂). We haven’t had much of a […]
Matt Goyer
August 26, 2026
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🏠 Rumor has it: $25M off-market deals & high-rise drama
We’re in the middle of the mid-summer slowdown, or are we? The Rumor Mill Market Movers Team Updates 🏠 Homes We’re Selling Wonder what your home is worth? Just hit reply. 🍿 Our Latest YouTube Video 🏠 Listings That Caught Our Eye Last Week 📰 Must-Read Real Estate News Sellers Still Surprisingly Active Seattle: 306 […]
Matt Goyer
August 19, 2026
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🏠 Seattle condo prices hit a 10-year low
Last week, we looked at the surprising resilience of Seattle’s single-family home prices in the face of increasing inventory. The Downtown Seattle condo market, however, tells a very different story. Check out the median price per square foot chart below; Downtown Seattle condos ($621/sq ft) have essentially reset to 2016 levels, erasing nearly a decade […]
Matt Goyer
August 13, 2026
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🏠15-year high inventory, but prices won’t budge!?
The “summer slowdown” is officially here, though many of our buyers are clearly not on vacation. It’s been a busy week: On a brighter note: We’re thrilled for our floating home on the 2031 dock in Eastlake, which just went pending with a fast close! It’s a good reminder: if you are paying cash and […]
Matt Goyer
August 5, 2026
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🏠The Summer Slowdown is a Buyer’s Best Friend
Happy Seafair! The summer slowdown has officially arrived, and we have about five weeks of it left. Here’s how to take advantage of it: Hello Penthouse 4202 at Bellevue Towers We just listed Penthouse 4202 at Bellevue Towers, and this one is truly special. Bellevue Towers remains the largest and most popular condo building in […]
Matt Goyer
July 29, 2026
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🏠 Hot weather, cool market
The market, however? Not so much. We’re starting to feel the typical summer slowdown; fewer new listings are popping up, and many sellers are asking, “Where are all the buyers?” Looking at the chart below, last week was the fifth slowest week of the year for Seattle buyers putting homes under contract. Plus we’re definitely […]
Matt Goyer
July 23, 2026
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🏠 The downtown condo market in one chart
Busy is an understatement. Normally, we see a mid-summer lull in July listings, but this year, at least for our team, is proving to be a massive exception to the rule. Here is a look at what we’ve been up to this week: I was planning to write a deep dive on the current condo […]
Matt Goyer
July 15, 2026
