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Seattle Real Estate Officially Affordable

Blog by Kristen Meyer | November 12th, 2011

The headlines are finally reporting what we've been seeing lately.  http://goo.gl/g3iDG The Seattle Times is reporting the best affordability index in King County in 17 years!

Behind the numbers there are a few things to consider.  Whenever Seattle buyers and sellers look at King County numbers, this includes many outlying communities beyond the Seattle Metro.  In other words, the #'s in Des Moines are thrown in the pot. It is a very different real estate market in say, Ballard, than it is in other parts of King County.  707 residential homes have sold in the Ballard/Green Lake area in the last 6 months in comparison to 200 in Des Moines. 

We've talked to a lot of real estate investors lately who are eyeballing Seattle as THE place to buy real estate right now due to our city's relatively decent job market and potential for economic recovery.

If there is one story to be told in the numbers, if it's a good time in your life to buy a home or invest in Seattle real estate the good deals are here now.  Read the article below, and if you have any questions feel free to call the experts. 

Kristen Meyer 206-353-7625