Posts in Market Update
Trendlines vs. Headlines

Sensational media headlines implying a housing downturn are contradicted by sustained job growth in the Seattle metro area. The Tech-30 Report, released by large commercial brokerage firm CBRE, ranks Seattle the top U.S. market in 2018 with high-tech jobs increasing 26 percent over the last two years.

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Market UpdateSean Nielsen
Home Price Increases in the Puget Sound Finally Slow as Buyers Take a Break & Inventory Increases

For the first time in well over a year, Seattle’s real estate headlines were marked by a bit of good news for buyers as home price increases have begun to slow amidst increasing inventory and a period in which it appears that many buyers decided to take a break from their home searches. As a recent article published by Puget Sound Business Journal outlines, “the year-over-year median sale price of a single-family home increased less than 3 percent to $669,000 in King County in August,” according to data released by the Northwest Multiple Listing Service.

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