Seattle’s real estate market is experiencing fluctuations in mortgage rates, with interest rates recently jumping back up to 6.6% after briefly dipping into the high 5% range. Despite this, home prices have plateaued in both King and Snohomish counties, while inventory has slightly increased. The fall market has presented unique opportunities for buyers, with more homes sitting on the market and fewer bidding wars. However, projections suggest home prices could rise by 18% from Q4 2024 to Spring 2025, making early 2025 a more competitive market. Buyers who act now could secure better deals, while sellers may benefit from waiting until spring when demand surges.