It comes as no surprise that Seattle’s real estate market is strong, showing very few signs of cooling anytime soon. In RSIR’s latest Quarterly Market Report, the numbers show that home prices—and pretty much everything else—continue to rise. One of the only aspects of the Seattle real estate market that is starting to level off is inventory.
After 21 consecutive months, Seattle’s reign of being the nation’s hottest housing market has come to an end. The newest Case-Shiller home price index, released August 28th, revealed Las Vegas outpaced Seattle by a fraction of a percentage point in June. So, what does this mean for the Emerald City?
The housing market in Seattle continues to thrive as we move through 2018. Data from the second quarter of the year was recently released, proving the local market to be a highly desirable region. Will this quarter's increased inventory be cause of relief for increasing sales prices? Discover trends from the Q2-2018 below.
As the local economy continues to boom, the housing market continues to thrive. Seattle is now tied for having the second-longest streak as the hottest housing market in the country. With 20 consecutive months atop the nation, Seattle isn’t showing signs of slowing down as homes within the area continue to have high demand.
Seattle continues to dominate the country with the highest home prices and hottest market. Many have taken notice to our city’s reign and have decided to take a deeper look into why the local market is seemingly unstoppable.
As we continue to embark through 2018, we look back at the year in the review as a way to see trends within real estate and how we can better serve local communities. This year's market report offers insight into your local housing market.
Recent increases in property taxes have caused quite a bit of confusion (and downright shock) for homeowners. A Seattle Times article highlighted some changes that local homeowners will be subject to starting this year. The coverage includes why taxes are increasing, where the money will go, if you qualify for exemption and more.
Seattle remains to have one of the hottest real estate markets in the country. As 2017 closed, so did the highest median home prices in the city’s history. With the end of the first month of 2018, we are now able to look at what might happen through the year with median prices as we compare the first month of this year with January 2017.