Do you want content like this delivered to your inbox?
Share
Share

What’s Happening in the Seattle Market?

Maynard Wagner

Maynard Wagner leads the team with over 17 years of experience serving the greater Seattle and Eastside areas...

Maynard Wagner leads the team with over 17 years of experience serving the greater Seattle and Eastside areas...

Jul 30 2 minutes read

The Seattle real estate market has slowed down a bit, but is still in a great place. Here’s why.

Want to sell your home? Get a FREE home value report
Want to buy a home? Search all homes for sale

I’ve got a quick update for you on the Seattle real estate market today. As many know, our inventory has increased while prices went down this year. Right now, we’re seeing a bit more stabilization with increased inventory. In the hottest neighborhoods, however, homes are still selling quickly and with multiple offers. 

"Six of the last seven recessions saw increased real estate prices."

With low interest rates, don’t expect all this great inventory to last. If you’ve been looking to buy or sell a home here in Seattle, now might be a great time to do so before conditions change. 

Even with a potential recession looming, nobody is predicting a decrease in real estate prices in the near future. Of the last seven economic recessions, the one in 2007 is the only one where prices went down in real estate.

If you have any questions for me in the meantime about buying, selling, or investing in Seattle real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

Have Questions?

Let's Chat!

By clicking Submit, you agree to our Terms.
View Our TOS and Privacy Policy

Have Questions?

Let's Chat!

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info