Seattle Condo Blog and Community Information

Although the housing sales pendulum is still swinging, we Seattle area residents are starting to feel a little less dizzy these days. Because the Northwest market has not fallen nearly as far as other areas – like California, Arizona, and Florida, for instance – our rebound has been a little quicker. That all has to do with the fact that the economic climate here was not quite as stormy as in much of the rest of the country. Knock on wood.

One buzz word that seems to be surfacing these days is “overvaluation” – that is, that with the big boom in tech and other industry in the past five to eight years, housing prices climbed much faster than anywhere else. So right now, given the bust in some of those industries, our market is Continue Reading »