Is the Summer Slowdown… Ending?

By Rosie Rourke, posted Aug 26, 2025
why is real estate not selling

 

The Summer Slowdown May Be Ending...

Every summer, the real estate market traditionally slows down as families focus on vacations and enjoying the sunshine. This year was no different—but according to this Realtor.com article (CLICK HERE TO VIEW), there are signs the slowdown may already be breaking.

For sellers, this is welcome news. After months of hesitation, buyers are starting to come back. Online listing views are climbing, and homes are beginning to move again.

For buyers, the timing couldn’t be better. Interest rates are at the lowest they’ve been in months, and inventory has now increased for the 21st month in a row. That means more choices, less competition, and the rare chance to negotiate from a position of strength.

At the Rosie Rourke Team, we see trends weeks or months before the headlines catch on, simply because of the volume we do. In just the last week, we’ve helped 9 clients go under contract—7 buyers and 2 sellers! On top of that, our listings are seeing 20–30% more online impressions compared to just a few weeks ago.

📌 Our message to sellers: Hang in there—the historic summer slowdown is breaking, and a busier fall market is right around the corner.

📌 Our message to buyers: This is your moment. Rates are low, inventory is high, and you have the upper hand. The most savvy buyers are taking action now, before competition ramps back up in the fall.

QUESTIONS? REACH OUT!!!

All sharing mentioned in this policy excludes mobile opt-in and consent; opt-in information is never shared with anyone for any purpose. See our Privacy Policy at https://www.rosierourke.com/privacypolicy for details on how we handle your information.

Capitol Gains Reform!

By Rosie Rourke, posted Jul 29, 2025

 

Capital Gains Reform Is Gaining Momentum—Here’s What That Could Mean for Buyers & Sellers

At the Rosie Rourke Team, we’re always staying on top of the latest news, laws, and trends that could impact our clients—and there’s a big conversation happening right now that’s worth sharing.

The National Association of REALTORS® is pushing hard for updates to the outdated capital gains tax laws on home sales. Right now, if you sell your primary residence and make more than $250,000 (single) or $500,000 (married) in profit, you could owe taxes on the overage. These numbers haven’t been adjusted since 1997—even though home prices have skyrocketed since then.

That’s locking a lot of homeowners in place, especially those who’ve owned for decades and built up serious equity. According to NAR, about 1 in 3 homeowners today would exceed the cap and possibly owe taxes—and that number is growing fast.

What’s Being Proposed?

Two bipartisan bills are gaining attention:

  • The More Homes on the Market Act – This would double the current exclusion and adjust it for inflation.

  • The No Tax on Home Sales Act – This would eliminate capital gains tax on primary residence sales altogether.

Even former President Trump recently voiced support for removing this tax to help ease the housing inventory crunch.

What Could This Mean for You?

If you’re thinking of selling:

  • You could keep more of your hard-earned equity.

  • Downsizing, relocating, or making that next move might become much more affordable.

If you’re buying:

  • With more homeowners likely to sell, we could see more inventory hitting the market.

  • That means more options and less competition—especially in that sweet spot of family-sized homes.

Of course, nothing is passed yet—but we’re keeping a close eye on it all for you.

At the Rosie Rourke Team, our job is more than just buying and selling—it’s making sure you stay informed, prepared, and ahead of the curve. Have questions? Want to know how this might affect your plans? We’re always here to help.

—Rosie & the Team ❤️

All sharing mentioned in this policy excludes mobile opt-in and consent; opt-in information is never shared with anyone for any purpose. See our Privacy Policy at https://www.rosierourke.com/privacypolicy for details on how we handle your information.

Real Estate Through the Generations

By Rosie Rourke, posted Apr 15, 2025
real estate agent near me who helps all generations

 

Gen Z to Baby Boomers by The Numbers

How The Rosie Rourke Team Helps Every Generation Buy and Sell With Confidence!

 

Real estate isn’t one-size-fits-all. Every generation has its own goals, challenges, and reasons for buying or selling—and that’s exactly why having the right real estate team makes all the difference!

The 2025 NAR Generational Trends Report reveals who’s making moves right now:

  • Millennials (26–44) are leading the charge—making up 29% of buyers, with many purchasing their first home.

  • Gen X (45–59) represents 24% of recent buyers—typically high earners looking for more space.

  • Baby Boomers (60–78) are the biggest group of sellers, making up 53%, often downsizing or relocating to be closer to family.

  • Gen Z (18–25) is starting to enter the market, representing 3% of buyers.

  • Silent Generation (79–99) makes up 4% of buyers, often seeking senior housing and proximity to healthcare.

Here’s how the Rosie Rourke Team supports each group:

🧑‍🎓 Gen Z (18–25)
Just starting out and often working with limited income or support from family.

Buying older homes and looking for affordability and flexibility.

✨ How we help: We’re patient guides, offering trusted lender referrals, budgeting help, and education every step of the way.

🧑‍💻 Millennials (26–44)
Often first-time buyers, commuting to jobs, and juggling student loans.

Looking for good school districts, home offices, and starter homes that stretch their budget.

✨ How we help: We understand their tech-savvy, fast-paced lifestyle—and we combine smart strategy with top-notch negotiating to get them into the right home at the right price.

🏡 Gen X (45–59)
Earning the most income, often upgrading or buying multigenerational homes.

Prioritize neighborhood quality and space.

✨ How we help: We focus on lifestyle goals, investment potential, and finding homes that check all the boxes—whether it's a backyard for the dogs or room for extended family.

👵 Baby Boomers (60–78)
Downsizing, relocating for retirement, or moving closer to loved ones.

Ready for a simpler lifestyle—but still want comfort and value.

✨ How we help: We offer compassion, patience, and expertise in helping them right-size and transition smoothly into the next chapter.

🎖️ Silent Generation (79–99)
Looking for senior-friendly communities or homes near healthcare.

Often selling long-held homes or buying with cash.

✨ How we help: With deep experience in estate transitions and senior moves, we provide white-glove service with care, discretion, and attention to detail.

No matter what age or stage, one thing stays the same—everyone needs a trusted advisor. And that’s what our team is all about. We’re here to listen, guide, and celebrate with you every step of the way. Because real estate is more than a transaction—it’s your life. 💗

Thinking about buying or selling? Let’s chat about your goals!

Home Buying Tips

By Rosie Rourke, posted Jan 06, 2025
home buying tips and hacks

 

Home Buying Tips and Hacks in 2025!

Thinking of buying a home in 2025? We have 4 hacks, tips, & basically everything you need to know to successfully buy a home crammed into 4 super short videos!
 
Part One - Learning the Process is Essential!
 
Part Two - You need to change your way of thinking about your first time purchase. Think of it as a bank account vs. your dream home!
 
Part Three - Hooking up with the right local lender and building a unique timeline for you!
 
Part Four - The best time to buy for you is NOW! Even you aren't ready, at least talk to a realtor and a lender to get the ball rolling. The earlier you have the conversation the better, even if you aren't ready just yet.
 
Contact us and download our FREE home buyer's guide + our FREE home buyers road map at https://rosierourke.com/buying/
 
Thinking of leaving Seattle or the Eastside and heading South? Learn more about Renton and the affordable Fairwood area on our Discover Fairwood page: https://rosierourke.com/fairwood/

Front Porch Decor & Ideas

By Rosie Rourke, posted Nov 06, 2024
front porch decor ideas fairwood

 

✨8 Simple Ways to Boost Your Home’s Curb Appeal... and Attract BUYERS!✨

First impressions matter—so why not make sure your front door is as welcoming as possible? The vibe of your home is set with it's curb appeal, and buyers are looking for a home that speaks to them. Here are 8 easy ways to make your front door POP while you are listing your home:

🚪Swap Your Door – Sometimes, a new door is all you need! Choose a modern reclaimed wood look or something with stained glass to give your home an instant facelift.

🎨Paint It – A fresh coat of paint can completely change the vibe! Think bold navy, classic black, or even fun pops of color like coral or turquoise.

🔨Update Your Hardware – Add a vintage door knocker or opt for matte black or antique brass hardware for a chic, modern touch.

🪴Bring in Some Greenery – Container plants at different heights, topiaries, or even faux plants if you're not great with a green thumb.

🎄Hang a Wreath – Wreaths aren't just for the holidays! Keep it seasonal with flowers, greenery, or even eucalyptus.

🏡Add a Doormat – A cute doormat can bring color, texture, and personality to your entryway (monogrammed ones are always a win!).

💡Illuminate the Way – Install sconces or a bold light fixture to brighten up your entry. Bonus points for a sensor that lights up as you approach!

🛋️Create a Cozy Seating Area – Got some extra space? Add a bench or porch swing for a relaxed, welcoming vibe.

The front door is the first thing buyers see when they visit your home—make it a space that reflects your style and makes them feel at home! 

Thinking of selling your home? Let's start the planning process! Reach out below: 

Summer Market Update 2024

By Rosie Rourke, posted Aug 12, 2024
what is going with real estate

 

Summer Real Estate Market Update:

What Buyers and Sellers Need to Know

As we move through the summer months, the real estate market remains dynamic, offering unique opportunities for both buyers and sellers.

For Sellers:
Summer is traditionally a strong season for home sales, and this year is no different. With high demand and limited inventory, sellers are in a favorable position to attract motivated buyers. If you've been considering selling, now is an ideal time to list your property. Homes that are priced right and marketed effectively are selling quickly, often with multiple offers.

For Buyers:
While the market is competitive, interest rates remain favorable, making it a great time to secure financing and invest in your future. If you're looking to buy, it's important to be prepared to act fast when you find the right home. Working with an experienced real estate agent can give you an edge in navigating the market and finding the best deals.

Good News for Home Buyers – Summer 2024

By Rosie Rourke, posted Jun 25, 2024

when is the best time to buy a home

According to Redfin, Home Prices Hit New Highs, But Buyers Find Some Relief in Summer of 2024 in King County including Renton, Fairwood, Kent, Auburn, and Maple Valley! 

In a recent report by Redfin, the median home-sale price in the U.S. has reached an all-time high of $396,000, marking a 4.8% increase year-over-year. Despite the rising prices, there are signs of relief for buyers. The report highlights a decline in pending home sales by 3.8%, the largest year-over-year drop in nearly four months, and an increase in the number of price drops among sellers, indicating that the market may be cooling off slightly.

The report also points out that new listings are still historically low, which contributes to the high prices. However, the share of homes that have been on the market for 30 days or longer is growing, leading to more opportunities for buyers to negotiate better deals. Homes in good condition and in desirable locations continue to sell at high prices, while those needing work or in less popular areas are selling below the asking price.

Mortgage rates have seen a slight decline, with the weekly average dropping to 6.95%, providing some financial relief to buyers. Redfin's Homebuyer Demand Index, which measures requests for tours and other buying services, has also declined by 17% year-over-year, reflecting the impact of high costs on buyer activity.

Overall, while home prices continue to climb, there are emerging opportunities for buyers to find more favorable conditions in a market that is showing early signs of rebalancing.

For more detailed insights and to read the full article, you can go to Redfin's press release page.

Spring Market Update!

By Rosie Rourke, posted Apr 15, 2024
what is going on with real estate right now in renton fairwood maiple valley

 

Real Estate Market Update 2024

Hi everyone, Rosie Rourke here, your hometown real estate agent! Here's a quick
update on the spring real estate market, enjoy!

Home Inventory Trends:
Inventory remains tight, with limited supply compared to demand, leading to a competitive market. New listings are being snapped up quickly, often resulting in multiple offers on desirable properties, especially when they are presented well with our concierge listing program (shameless plug, lol).

Pricing Trends:
Home prices in Fairwood continue to rise steadily, fueled by high demand and low inventory. Sellers are generally able to command strong prices for their homes, especially in well-maintained or updated homes.

Buyer Behavior:
Buyers are facing stiff competition and may need to act fast when a desirable home becomes available. Many buyers are willing to pay above asking price to secure a home. Our open house research is showing a surge of buyers coming down from the eastside and Seattle to SE King County, it is the target area for homeownership right now!

Interest Rates:
Interest rates remain relatively low, motivating buyers to enter the market and take advantage of favorable financing options. Low interest rates continue to contribute to buyer demand and may offset some of the upward pressure on prices.

Market Outlook:
The spring market is expected to remain competitive, with strong demand from buyers and limited inventory. Sellers can expect favorable conditions for listing their homes but should still ensure their properties are well-presented to stand out.

FREE HOME VALUATION REPORT
If you are thinking about selling your home this year or you are planning to make a move   2-5 years, it’s a good idea to see where you stand in the market. We offer a FREE home pricing valuation that includes a FREE report! Book your consultation (which is no-obligation at all) with our team below or call our office directly at 206.719.5870

What’s Going on with Real Estate?!

By Rosie Rourke, posted Jan 12, 2024

 

Hello friends and Happy New Year! Guess what? Interest rates went down a touch, and I just wanted to keep you posted about this exciting news because people have been waiting on the sidelines for the interest rates to drop. They were above 8% in October and over the last few months they have dropped into the mid-6% range. This has created a lot of movement in the real estate market. We are seeing our listings in Fairwood (and all over King County I might add) gain a lot more interest and sales are happening again! Rosie actually predicted this would happen a few months ago during her Winter Real Estate Market Update:

 

Here's something to consider. With falling interest rates, our prediction is that we're going to see a floodgate of stampeding buyers, coming out to play in this market. When this happens (spoiler alert, it already is happening, our first listing of the year sold in 3 days with multiple offers!!!), sales prices will go up, due to competing offer situations. Sellers will not be as inclined to negotiate terms as they are right now. We are confident that now is a  great time to get back into the market.

Buyers - Act before the market heats up even more. More buyers = more competition for you! If you are a buyer interested in winning your dream home please check out https://rosierourke.com/buying.

Sellers - It’s time to get your ducks in a row to be prepared to take advantage of the intensifying market. My team is ready and eager to help you price your home, manage your pre-inspection, help you get your home ready, and expertly market its flood of buyers entering the market right now. Our open houses are busy, private showings are up, and online traffic is through the roof on our listings. Learn more about our stress-free listing program and take advantage of the market at https://rosierourke.com/selling.

QUESTIONS? COMMENTS? A FREE HOME VALUATION?