Home Prices

2019 Housing Market Forecast

2019 Housing Market Forecast

The coming of a new year inevitably brings about moments of reflection on months passed and gives us the opportunity to envision where things will head over the course of the next year. As we begin our journey into 2019 and prepare to set—and achieve—our real estate goals, let’s take a look at the 2019 Housing Market Forecast with the experts at Forbes magazine and realtor.com®.

Seattle & the Eastside Set New Price Records in February 2018

Seattle & the Eastside Set New Price Records in February 2018

Though the winter months have historically given way to slowdowns within the Puget Sound real estate market, there was no sign of a slowdown in February 2018, as home prices in Seattle and on the Eastside reached new benchmark values. As Seattle Times reports, “Seattle’s median single-family-home price hit $777,000 in February, $20,000 more than the previous all-time high set just a month prior,” while on the Eastside, “the median cost of a house was $950,000, or $12,000 more than the peak price from two months ago.” According to Northwest Multiple Listing Service data, home prices in every Puget Sound county increased by at least 15%, with many setting record high values.