Residential Real Estate
Seattle Ranks Second Nationally in Annual Housing-Affordability Gains
Improvement fueled by favorable mortgage-rate trends and increases in household income
As Seattle continues to problem-solve around the issues of the citys high cost of living and lack of affordable housing, it seems some economic winds are blowing in the right direction, with a new study showing the city ranks second nationally in year-over-year growth in home affordability as of this past April. Title insurer First…
The Vanishing Dream of Home Ownership
Looking for a newly built, traditional single-family home in the Seattle market? Good luck with that!
With land to build new housing becoming scarcer in the Puget Sound region, competition among builders is getting tougher. Its like a knife fight in a phone booth, says Ken Krivanec, president of Bellevue-based Quadrant Homes. Ultimately, the victim may be the American dream of owning a single-family home. For many in the Northwest, the…