This is the official blog of TK2 Associates, LLC Real Estate Services....powered by John L. Scott Real Estate. Keith Zeiler & Tim Andrews write about numerous topics related to real estate & our real estate experiences as agents & investors based in Issaquah, Washington.

Thursday, October 26, 2006

A scary headline, but reality in the Seattle market is different

Hello All,

I just love these super-scary headlines that can make new homeowners quake in their boots, thinking they just lost equity in their homes. Click on the headline and read on to see the reality in the West, which is much different than most of the country.

While we're seeing more supply and longer on-market times, our market remains healthy for both buyers and sellers as we move a bit more towards equilibrium. Prices, however, continue to rise in the Seattle area, even as more homes become available.

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