It’s not just Seattle that’s seeing eye-popping housing costs: Across Washington, home prices are rising faster than in any state in the country — the first time that’s happened in a quarter-century. Soaring costs from Bellingham to Spokane have propelled the state to a record for home prices, surpassing its pre-recession peak for the first time. Just in the last few years, Washington has zoomed up the list of priciest states in the nation and now sits in the top five overall. “There’s no reason to believe that this is going to stop anytime soon,” said Peter Orser, director of the University of Washington’s Runstad Center for Real Estate Studies. “We’ve all talked about Seattle, but I’m starting to see the overflow — people are starting to make different decisions and trade-offs in pursuit of affordability.”
from Kelli Walker Real Estate http://ift.tt/296yDz1
No comments:
Post a Comment