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
I was just working on our market update for this month and was struck by the fact that with 2 million people living in King County, there are only about two thousand homes available for sale … come on people time to move – Mike.