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Old 04-19-2021, 08:05 AM
Location: Seattle
8,169 posts, read 8,289,381 times
Reputation: 5986


Article link here: https://www.seattletimes.com/busines...estate-market/

“Want to buy a house in the Seattle area? You’ll need stockpiles of cash in the bank, endless free time and a masochistic streak.

OK, maybe it’s not quite that bad.”

Still, the region’s housing market is one of the hottest in the country. Prices are up. Inventory is selling fast. Your dream home could draw dozens of competing offers. It will likely sell for more than the list price, maybe even to an all-cash buyer.

So frenzied is this market that some buyers can barely get in to see a home before someone else snags it.

“We’re halfway through our appointment, we’re gushing about how we want to make an offer and the Realtor gets an alert that they accepted an offer earlier today,” recalled recent buyer Alice Cryer. “We were standing in the house.”
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Old 04-19-2021, 07:09 PM
Location: In a perfect world winter does not exist
3,657 posts, read 2,937,139 times
Reputation: 6739
I have said it before and I think my prediction is well on its way to coming true. Low end housing in Seattle will cost 1 million by 2024, if there are any to buy at 1 million. So many tech workers here able to pay off a house with one check the inevitable will happen.
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