The Specialist in Seattle Real Estate
Seattle is one of a number of cities that showed a year-over-year sustained recovery in home prices according to the monthly S&P/Case-Shiller Home Price Indices released today. S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed home prices rose in the 20-City Composite an average of 4.3% in the 12 months ending …
There’s no question that demand has picked up significantly in the last 6 months. Inventory is way down and more and more homes are selling than are being put on the market every day. Now think about what’s happened to the new construction housing starts in the last 5 years. They have plummeted to record …
According to MarketWatch of the Wall Street Journal, the the Seattle-Bellevue-Everett area is one of the 10 fastest recovering areas in the country. Housing inventory decreased 42.9% in the second quarter, compared with a year ago, and median list prices increased by 10.85% in the Seattle area. Unemployment in the area is 7.8%, lower than …
Amazon has quietly made one of the most significant purchases in downtown in years. They have bought 3 blocks of the Clise Properties real estate holdings and plan to put a 1 million sq ft office tower on each. This will have a huge impact on jobs and growth in the downtown Seattle business area. …
The Standard & Poor’s/Case-Shiller Home Price index which was published today shows that Seattle and Atlanta tied for the third best monthly increases (1.6%) of the 20 metropolitan markets used in their 20-City Composite Index. Washington DC and San Francisco were the only two other cities with more of an increase with a 3.0% and …