Seattle has been ranked with the 2nd lowest rate of homes available for sale in the nation. According to a recent article by the Seattle Times, only .4 percent of all homes in the Seattle region were on the market at any given time last year. This rate of available homes sits only behind San Francisco, which has had 1 out of 332 homes for sale in the previous year.
To read the full article, please visit: Seattle Times | Why are home prices so high? Seattle has 2nd-lowest rate of homes for sale in U.S.
Seattle housing inventory fell 12 percent last year according to a recent article by Forbes. With the average property only spending only 59 days on the market, buyers are having to enter a highly competitive market when searching for a property.
To read the full article, please visit: Forbes | Tight Housing Inventory Fuels Steady Growth In January
This is a competitive market to be in if you are searching for a property, with Seattle having less than three times the national average of homes on the market, Seattle is a hard place to find your dream home or investment property and it is very important to work with brokers who know the Seattle housing market inside and out. With decades of combined experience in the Seattle real estate market, we are uniquely positioned to assist you with all of your real estate needs. Please contact us here to experience the difference an excellent broker can make in today's hot housing market.