There has been an out-of-control heatwave the last few days. But not only is the weather hot, but the market is also HOT as well. In Yahoo!Finance they mention that:
Home price growth in the U.S. surged in April at a pace not seen in more than 30 years.
Phoenix, San Diego, and Seattle continued to lead the 20-City composite. Phoenix led for the 23rd month in a row posting a 22.3% annual increase, followed by San Diego with a 21.6% increase and Seattle with a 20.2% increase.
The results were expected and follow similar data pointing to skyrocketing home prices well into the busy spring season.
Speaking of skyrocketing home prices, specifically, the Bothell area has been on FIRE. According to the Cascade…