Seattle Real Estate Housing Inventory
Comparing news across the nation doesn’t help when you live in the Seattle, Washington. Seattle real estate shows current housing inventory year over year has remained fairly close. Seattle has not had a huge fluctuation or change as other metropolitan cities have. During the tax credit boom, inventory dropped but has slowly increased back to the same level.
Reviewing local metro numbers, the percent of Seattle real estate for sale has dropped from the previous month by -1.2%. Working with relocation clients, I do admit I see more and more out of state license plates in the Seattle area.
Seattle can be an exception with a stabilized housing market because of local powerhouse companies such as Boeing, Microsoft, Swedish, and Starbucks. What do you see, real estate buyers slowing down with children returning to school? Interest rates are at a historic low but that’s not enough savings to buy now? Or Seattle home values will continue to slide more?