Single-Family Inventory Levels Very Low Close To Job Centers
The psychology of the residential real estate market in King County is shifting in a more positive direction; the roller coaster has started to level out with single-family home inventory levels decreasing and prices stabilizing under $750,000 in markets close to the job centers in Seattle and Bellevue. Simultaneously there’s a pool of buyers that are motivated to take advantage of low interest rates and increased affordability. As a result, when well positioned homes in the aforementioned areas come onto the market, there is an immediate spike in buyer activity. This back log of buyers has already seen the existing available inventory, so they’re excited to see new properties as soon as they hit the market. This provides those listings with instant exposure to eager buyers.
Posted via Seattle Real Estate-Seattle Homes For Sale
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