Western Washington Housing Market Predictions for 2013
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Daily Real Estate News | Thursday, January 17, 2013 Â2013 could be the best year for real estate in western Washington in years. Here are some of his predictions for the new year:
- More buyers and sellers return to the housing market.Â
- Home sales increase 12-17 percent while home prices increase 3-9 percent.Â
- Inventory of for-sale homes will hit bottom.Â
- Higher-priced listings begin to sell more.Â
- The number of distressed properties continues to drop.Â
- Multiple offers on properties will become more common in highly desirable areas.Â
- Short sales rise, reaching a peak. They begin to become less of a bargain as banks watch…
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