Boom The Real Estate Boom is Over…
posted by November 14 at 9:08 AMon
…everywhere but here.
…Seattle will continue as one of the bright lights, which it’s been this year. Median year-over-year home prices have risen every month save October, when they were down slightly. But Seattle’s strength may go beyond the usual reasons: a strong local economy and good job growth propelling housing demand.
Yun suggested that Seattle may be joining such cities as New York and San Francisco as “superstar cities” whose desirability attracts affluent newcomers who bring the buying power to continue pumping up housing prices.