"Seattle area housing market proves 'resilient' amid coronavirus"

[Aaron Morrow]

👋 Hey "BiggerPocketers"!

👉 Check out this article in Seattlepi! It is interesting. There are several bidding wars going on in popular low end price points. The sources are coming right from NWMLS (North West Multiple Listing Service).

"The local housing market is hot, but it looks different than it traditionally does...The
constraint on available inventory makes it feel like we’re running out
of homes to sell. Buyers are eagerly waiting for each home to come on
the market, with increased focus on homes in the more affordable and
mid-price ranges, compared to last year.”

What are your thoughts!? For the lenders and Realtors out there, what are you seeing?

The data from the MLS that I have been seeing suggest properties that are below the median for the area are selling like hot cakes and seem more of the higher end luxury market is suffering a little more.


👉 Here is a link to the article: Seattle Housing Market