Mortgage Monday: Seattle Area Sales Increase Again

Seattle Area Sales Increase Again!

Home sales in the Seattle, WA area have increased again. The month of July sales results are in and the home sales prices in the area have increased 7% over last year. This increase was aided by a drop in the number of homes for sale. The number of buyers looking to take advantage of the low interest rates has increased. With the number of homes for sale down, and the number of buyers up, the rule of supply and demand is at play in the Seattle area housing market and driving prices up.

If you were thinking about putting your home on the market, and were wondering if now is a good time, you will not be disappointed. Homes that are priced right are not sitting on the market, but are getting multiple offers. Now is the time to get your home listed.

If you need assistance with listing your home, please call me at 253-229-5399 or email me at rickchapman@windermere.com.


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