I notice alot of people interested living in Motorhomes fulltime there, and now I see why:
Awild housing market is forcing many Seattle-area home buyers to pay $300,000 to $500,000 over asking price — in some cases, even nearly $1 million over asking.
Homes are getting snatched up hours after they go on sale. Open houses bring so many people, there are lines down the street.
“If you’re a buyer it’s tough. It’s pretty brutal out there. It’s been tough for buyers for the past four years, but in the last 3-4 months it’s just really felt like the most difficult market that we’ve ever navigated,” said Kendra Todd, a real estate broker with Kendra Todd Group at Keller Williams. “It’s fairly common — on the Eastside in particular — for people to be escalating $300,000, $400,000, $500,00 over list price.”
A quick search on Redfin shows many examples. This Kirkland home sold for $500,000 over asking. This house in Bellevue, listed at $1.5 million, sold for $2.4 million— about $900,000 over asking price.
Shoo!
MSN
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Awild housing market is forcing many Seattle-area home buyers to pay $300,000 to $500,000 over asking price — in some cases, even nearly $1 million over asking.
Homes are getting snatched up hours after they go on sale. Open houses bring so many people, there are lines down the street.
“If you’re a buyer it’s tough. It’s pretty brutal out there. It’s been tough for buyers for the past four years, but in the last 3-4 months it’s just really felt like the most difficult market that we’ve ever navigated,” said Kendra Todd, a real estate broker with Kendra Todd Group at Keller Williams. “It’s fairly common — on the Eastside in particular — for people to be escalating $300,000, $400,000, $500,00 over list price.”
A quick search on Redfin shows many examples. This Kirkland home sold for $500,000 over asking. This house in Bellevue, listed at $1.5 million, sold for $2.4 million— about $900,000 over asking price.
Shoo!