Should I Buy A House In Seattle 2017 May 2026

: Massive growth from Amazon, Microsoft, and Starbucks fueled the market. Seattle's unemployment rate hovered around 3%, well below the national average.

: Most new construction in 2017 focused on apartments for rent rather than condos for sale, further limiting options for first-time buyers. should i buy a house in seattle 2017

: Amazon's headquarters alone was a primary driver for housing demand. By late 2017, there were signs of a slight hiring slowdown, leading some to predict a cooling of the "double-digit" appreciation rates in the following years. : Massive growth from Amazon, Microsoft, and Starbucks

: Seattle led the country in home price increases for over a year. By August 2017, home values had risen 13.2% year-over-year—more than double the national average of 6.1%. : Amazon's headquarters alone was a primary driver

While Seattle proper was the most expensive, nearby areas offered slightly more "affordable" options in 2017: : Typical home cost around $378,000 . Wenatchee : Typical home cost around $266,000 . Yakima : Typical home cost around $202,000 . Hottest housing market of 2017: Seattle