We’ve said it once and we’ll say it again, Seattle is hot right now, like “The Man” at Dixie’s BBQ hot. Our economy is booming and we’ve landed ourselves in a classic supply and demand scenario. The number of homes on the market is dropping, demand is still high as ever, so prices are climbing (but not at an alarming rate).
Our own president, OB Jacobi, was quoted in a recent Puget Sound Business Journal article about this very topic saying, “During the holidays we usually see a drop in home buyers, but this year they’re remaining engaged later than usual.”
More details on Puget Sound Business Journal.