Zero Affordable Housing Crushes Homebuyers in Seattle I Seattle Real Estate Podcast
The lack of affordable housing for buyers in Seattle is causing the way they search for homes to change. Home-buying habits have gone through a sizable shift, both in Seattle and across the United States.
There is virtually no "affordable housing" left in most of King County or the greater Seattle market to buy.
“Nationwide, the pandemic caused massive changes in buyer behavior,” a recent study from real estate researchers at Point2 noted. “From square footage and number of bedrooms to access to outdoor amenities like pools and gardens, the post-lockdown home seekers are not willing to compromise on anything – and they are willing to pay the (higher) price to get it.”
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
#housingmarket #seattle
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