While home prices have been flat in some areas of Seattle and even dropping in parts of King County, that news can be good for buyers.
Buyers who are looking to move up to a waterfront home are in a great position right now. A recent Seattle Times real estate article relates how some Seattle residents are able to move up to the home of their dreams. See the full article here.
When economic times are good, waterfront real estate is far more expensive than other homes. When sales are slower, there is less of a gap between the two kinds of homes. If you've thought about buying waterfront real estate in Seattle, and you are in a good financial situation, now is a great time to start looking. We may not see prices like these and interest rates this low for a long time to come.
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