Eastside Seattle Real Estate Blog

Seattle Housing Development Falls Behind Job Growth

The tech industry has settled nicely in Seattle, making the city one of the best hubs in the country for these kinds of jobs and more. From start-ups to large corporations, the tech companies that are creating headquarters in Seattle have driven the economy to new heights. For those who are looking for a great job in a vibrant city, this is wonderful news. However, this impressive job growth does come with its own challenges for residents to overcome.

The Gap Between Job Growth and Housing Development

A recent Curbed Seattle article published data from an Apartment List report that showcased the divide between job growth and housing development. The report noted that between the years 2010 and 2015, job growth was...

King County Real Estate Breaks More Records: Analyzing Each Community

Just when you think the real estate market in Seattle and throughout King County can't get any hotter, there's news of yet another shattered record. The Seattle Times recently reported that for the first time, the median price of a King County home rose by more than $100,000 between July 2016 and July 2017. The median sales price of a home in King County is now a whopping $658,000, according to data published in the article and released by the Northwest Multiple Listing Service. With an 18.6 percent increase in prices since the previous July, this also is the hottest July market since the year 2000. 

So, as a whole, King County is enjoying a booming real estate market. But let's break it...

As Tech Industry Thrives, Seattle Real Estate Adapts

The conditions in Seattle were perfectly aligned for a technology boom. Known for its innovative atmosphere, Seattle became a natural choice for many technology corporations and emerging start-ups to do business. For the last several years, Seattle has been climbing the ranks as one of the up-and-coming tech markets, but now it's earned the number two spot in the nation.

According to GeekWire, Seattle clocked in as the third best tech market in the country last year, falling behind Washington D.C. and unable to compete against long-time leader San Francisco. However, the city has now climbed into second place, and there's no denying that the tech industry is making its mark on the city more than ever before....

Selling in Seattle: How Long Will Your Home Last on the Market?

People across the country are in awe of the blazing hot Seattle real estate market. Home prices are skyrocketing while inventory levels hit record lows, leaving buyers clamoring to buy any property they can get their hands on in the Emerald City. Month after month, the news media continues to report on the new records that the Seattle market is reaching, and June was no exception.

In June, the Seattle homes for sale were selling quick — quicker than ever before. Properties were on the market for a median number of 36 days, according to an article published by KOMONews.com, but the average homeowner who listed their home would sell it in less than a week. This means that if a homeowner put their property on the market on a Sunday...

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