Seattle homebuyers to face tough summer market despite 4% price drop, potential rate cuts

The weather warm-up is usually a sign the housing market is about to heat up. The summer months are when most people try to make a move, but buyers will need to get creative if they want to compete. "It’s still going to be challenging for both sides," said Sean Black, CEO of Knock. According to the National Association of Realtors, 2023 was one of the worst years for home sales in the last 10 years. This year is not …