An article by Mike Rosenberg posted on SeattleTimes.com, titled “King County home prices surge 18 percent, most on record for this time of year“, suggests that Seattle’s housing market didn’t experience the typical summer slow down we tend to see in August. The median price of single-family homes in King County increased 18.2% over August 2016 and we’ve seen inventory drop 7 years in a row.
What does this mean for buyers? More likely than not, continued competition and rising home prices. If you are considering entering today’s buying market, we can provide you with the tools needed to be successful in a multiple offer scenario. Give us a call at (206) 331-3960 or email us at email@example.com to arrange a no obligations buyer consultation.