The median sales price for residential homes in Seattle hit a record high for the third month straight, eclipsing $700,000 for the first time. Edmonds, Shoreline, and Lynnwood set new record highs too.
Seattle set a new median sales price record at $665,000 in the month of February, up from a previous high of $650,000 in June 2016. Many of the surrounding suburbs reached record highs last month [...]
Mortgage interest rates have spiked since Donald Trump became the president-elect. How will this affect the real estate market in Seattle long term? *** I misspoke about bond prices in the video. [...]