King County Market Updates May 17, 2016

King County Market Update May 2016

Wondering what’s going on in the real estate market? Don’t worry, we’ve got you covered. Population growth and a healthy job market are continuing to push median home prices upward, 11.8% year over year! Absorption of inventory is over 100%, meaning there are more people wanting to buy houses than there are houses for sale. Although it can be a competitive market for buyers, low interest rates make buying a home now a solid choice. Questions about what this all means for you? Give me a call and I’ll be happy to help. -Mike (206) 947-9085

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