September brought the first Fed rate cut of 2025 — but did that actually help mortgage rates? In this episode of RE radar, I break down exactly what happened with rates, prices, and home sales across Seattle.
We’ll look at how mortgage rates dipped (and then jumped), why both home prices and total sales volume slid, and why more listings and pending sales might actually signal a stronger market heading into fall.
Plus, I’ll share what I saw firsthand at open houses around Seattle — and what that tells us about where buyers and sellers stand heading into the rest of 2025.
🎧 In this episode:
• Why rates rose after the Fed cut
• Seattle’s median home price drop explained
• The first real inventory spike since May
• How buyer urgency is shifting with fall weather
• What this market means right now for both buyers and sellers
If you’re watching the market, thinking about buying or selling, or just want a grounded take on where Seattle real estate is really headed — this episode’s for you.
#SeattleRealEstate #HousingMarketUpdate #MortgageRates #REradar #SeattleHomes #JohnLScott
