Eastside Seattle Real Estate Blog

Seattle Predicted to Have Second Hottest Real Estate Market in 2017

Home prices in Seattle are soaring, so much so that Zillow predicts the city will have the second hottest real estate market nationally in 2017. In fact, within Seattle itself, home values have skyrocketed, increasing in price by 42% since 2011.  Current homeowners and developers looking to build new housing units could stand to see enormous profits.

Neighborhoods by the Numbers

Although most of Seattle is experiencing enormous appreciation rates, each area is a little bit different. Here is a breakdown showing appreciation rates in some of Seattle’s most sought-after suburbs:

  • Zillow predicts that the Seattle metro will appreciate by 5.6% in the coming year, which places the area second nationally. Provo, Utah tops the list. This statistic is an overall measurement, covering a large portion of the city...

With Limited Inventory, Buyers Prepare for Competition in Seattle Housing Market

For sellers, the Seattle-area market is rife with possibility!

Throughout 2016, home prices increased significantly — in fact, it made headlines as the most expensive year for Seattle real estate in history. Those who had real estate investments to list on the market were sure to enjoy significant returns, but the fact of the matter is, most people weren't selling their property... often-times because there's no place for them to move to (and they would also be paying top-dollar).

According to an article published in the Seattle Times, housing inventory hit all-time lows in Seattle, which is the primary reason for the price increase. Meanwhile, there was also an influx of buyers who were interested in purchasing real estate in Seattle and...

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