Seattle houses: a Seattle real estate bubble?
You decide!
As prices nationwide have decreased, only three cities show an upward trend according to Standard & Poor's Case-Shiller report for October 2007. The report details year over year performance for the nation's cities and Seattle real estate is highlighted!
According to the Case-Shiller report, only three cities nationwide had a year over year gain - Seattle, Portland, and Charlotte! Seattle real estate is a strong investment! I have long said that Seattle and Portland are the most undervalued cities on the West Coast. While inventory may be up right now, it is an excellent time to buy while there are good house choices and amazing buyer bonuses. The market time is longer and sellers are willing to negotiate with ready and willing qualified buyers.
More buyers on the way:
As the lending choices open back up and more buyers are able to enter the market again, competition will increase and there will be less Seattle and Seattle suburb inventory to choose from.
Just my two cents...
Courtney Cooper ....For all your Seattle Washington Real Estate Needs! Seattle Area Real Estate Agent: Associate Broker and Realtor serving North King & South Snohomish County - Experienced and with a background in accounting - I love my clients and work hard for them! Call me if you are looking for a home or investment property in Seattle, Shoreline, Edmonds, Brier, Lynnwood, Mountlake Terrace, Lake Forest Park, Bothell, Mill Creek, Everett, or other Seattle Suburbs!