Residential Real Estate

Market Conditions: Seattle and King County

Market expert Aaron Janus says the first half on 2008 has reinforced the idea that all real estate is local. While the national news has been mostly doom and gloom, he says Seattle and King County have held up relatively well. He says inventory is up and sales are off year over year, but prices remain relatively stable. And from what Janus is seeing in the field, there may be an up tick in activity throughout this 3rd quarter, despite the uncertainty that is lingering in the market right now. He says that buyers sitting on the fence are going to realize that timing this market is a fools game, as interest rates are still in great shape and there is a fantastic selection of inventory. And sellers, despite the slowdown, are seeing success when they are priced right and they have taken the time to prepare and present their home. Janus says the bottom line about the Seattle area market is that the fundamentals are strong. The local economy is growing, and with the largest employers hiring, many more people are moving in than leaving. For more information on this market, contact Aaron Janus at: JanusGroupOnline.com. Click here to view current Market Conditions in your location.

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