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 the national rate. And homes are spending less time on the market, with the year-over-year age of inventory down 42.86% in the second quarter.