Seattle’s hot summer…

rising home prices graphThis proved to be another hot summer in Seattle as the median home price rose over 15 percent during the past year. However, the hottest local market was the Eastside where the median sale price rose over 23 percent.

On one side, I’ve talked with a few sellers who are hesitant to sell for the reason of not knowing what will they be able to afford after that sale. And on the other, I’ve noticed a large influx of people relocating to Seattle for technology-related jobs, but maybe I’m just more aware of this subset of people now that I’m running a blog.