In this recent article by the Seattle times, they do a great job of highlighting the “soaring” 11.4% pricing increases of homes in the Greater Seattle area, but one key thing we have to keep in mind, which often gets overlooked by generalized statistics, is that real estate market trends are very local, and can vary widely from county to county, city to city, and even from neighborhood to neighborhood within the same city. Seattle’s market is very local.
Before we focus too much on 2010, here's a quick look back at some of the most notable elements of the 2009 Seattle condo story. 1. Auctions 2009 was the year for [...]