Trying to decide when to plunge into the real estate market can be quite intimidating—especially when prices are high, choices are limited, and history urges restraint.
Locally we’ve seen two or three years of what could be considered unprecedented levels of price appreciation, as well as an inventory shortage that resulted in a record-low number of homes for sale across Western Washington.
See: 2018 Real Estate Market Trends - Seattle Area Prices Continue Upward March
If there’s one thing most early forecasters agree on, it’s that home prices will continue to rise. Where they differ however, is how much they will rise.
The median price of a home across the Seattle metro area has now soared 80 percent since bottoming out five…