Posts tagged Market Report
2019/2020 Market Report

Realogics Sotheby’s International Realty proudly presents its annual summary of the Real Estate Market in Western Washington. Each year, this report reflects on how the news events of the past year could economically impact the home buying and selling process. It also offers key insights from nine counties and 37 communities around the Puget Sound, providing an in-depth analysis of data, information, factors in trends, news, and events that make an impact on our local housing market.

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Advantages of New Construction

As of May 2019, the housing inventory in the Seattle market was just shy of two months. Fewer choices means it will become more difficult finding that perfect home that fits your needs. When you account for older homes on the market that may need updates, eccentric houses that were designed for a specific style, price points, and other factors, this leaves a small pool of homes to adapt to your lifestyle. It’s in these markets that new construction homes become even more of an enticing option for buyers.

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