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In October 2007 Seattle Washington's real estate market began to soften, although compared to the rest of the country it was a bright spot. Recently along with the nation it was softened even more. The median sales price for homes in some areas are below values found in 2006. Go to my blog for more statistics on current home values and volumes. Mortgage interest rates continue to be historically low. It is an execellent time to buy! It has been a long time since Seattles market has seen these conditions. With home prices cooling, buyers are in a strong position to negotiate the terms of a deal to their advantage. In addition, the cost of buying is being reduced substantially with low interest rates. If you are currently renting or if you are an investor who is looking for rental property now is a good time to buy. |
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If you are considering buying investment property contact Andrew today. Put his past experience in managing approximately $40 million of assets in residential property to work for you. (206) 930-8238 |
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Andrew L. Parker RE/MAX Mutual Realty 1718 NW 56th Street, Suite 210, Seattle, WA 98107 Cell: (206) 930-8238 | Fax: (206) 297-5599 |
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