Rain City Guide

Home Value Update from the Local Papers

Dustin on 05 6, 2005

Both the Seattle Times and the PI have articles today about the continual high growth in home prices in the area:

• Home market boils but doesn’t bubble
• Prices of homes surge across region

I like this quote where Elizabeth Rhodes speculates about a possible housing bubble:

Fuel for speculation of a housing bubble — but not proof of one — increased yesterday on a report that strong buyer demand has pushed Central Puget Sound prices up 10 percent or more over last spring’s already high numbers.

I’m of the opinion that demand for homes in quality urban neighborhoods is here to stay, and while that doesn’t mean the high growth in values will last forever (it won’t), I think the high prices will…

About the Author: Dustin Luther

• Author's website: http://www.raincityguide.com/
• More posts by Dustin
• email the author

As the founder of Seattle's Rain City Real Estate Guide, I love to talk, discuss and implement social media strategies that drives business in real estate. In following this passion, I founded 4realz.net Social Media Strategy and regularly speak about social media strategy to real estate audiences. You can connect with me on LinkedIn, become a fan on Facebook and follow me on twitter at @tyr.