Is Seattle real estate a good investment?
Is Seattle real estate a good investment? Washington state real estate appears to be a worthwhile investment based on key 2021 market trends and the 2022 forecast. Rental properties are likely to continue to be in high demand along the stretch between North Tacoma and West Seattle.
Is Seattle real estate overpriced? Seattle, WA is One of the Most Overpriced Housing Markets in America. Demand for housing has risen sharply in 2021, and that has affected prices.
Is it a good time to buy property in Seattle?
The Best Time to Buy a House in Seattle.
|Best Month For|
|Listing price||January||5.7% lower than average|
|Housing inventory||May||12.0% more homes to choose from|
|Mortgage rates||December||2.98% interest for 30-year mortgage|
|Realtor.com data (10/1/2020) Bankrate data (12/1/2020)|
Will home prices go down in Seattle? Seattle’s real estate market cools, slightly
With pending home sales down 13% year over year, Seattle’s real estate market is showing early signs of slowing down. Yes, but: Home prices are still up 15.2% from May 2021. Why it matters: We keep hearing about a market crash, but so far, local data doesn’t support that.