Eastside Still Booming

 

Recently published article by 425 Magazine highlights the reasons, pros, cons, and tips into why the Eastside of Seattle remains so popular. A particular fact that stood out was that New Castle has lead the Eastside in single family home appreciation. Due possibly in part to the city itself being slightly under the radar, as well as the close-in but not too-close locale, New Castle continues to be a solid choice for families.

Another notable stat includes the fact that the Eastside continues to be a reasonable choice for those relocating from nearby, larger metropolises. Places like the Bay Area in California and Vancouver, Canada are finding Eastside property values to often be under the kinds of figures they’re used to seeing.

Not to mention, buyers coming from China, California, and Canada are all flocking to the region because of the lively economy and multitude of employment opportunities, the accessibility to outdoor recreation, and “option-rich, rock solid schools.”

But the biggest takeaway is that supply is limited and prices are on the rise. Now is the time to buy (or sell). If you wait until next year, interest rates will definitely be higher. Mortgage rates have changed so much recently that some buyers may need to get qualified again; and sellers may be faced with a smaller pool of qualified buyers if they wait too long to list.

 

To read more of 425 Magazine’s report please visit: Eastside Real Estate Forecast

To contact me and find out how I’m uniquely positioned to assist with all of your real estate needs, please contact me here.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Real Estate & Marketing Specialist Are Here To Help You

eddie chang eastside broker

EDDIE CHANG

Real Estate Specialist

15 Lake Street #200
Kirkland, WA, 98033

Direct Cell: (425) 922-7136
Office Line: (425) 658-5300
Fax Number: (425) 658-5400
Email: Eddie.Chang@rsir.com

andrea

ADREA SAVAGE

Vice President of Marketing

15 Lake Street #200
Kirkland, WA, 98033

Office Line: (425) 658-5300
Fax Number: (425) 658-5400
Email: Andrea.Savage@rsir.com

CONTACT US

Contact Form
Please enter your name.
Your email address.
The message you wish to send.

Buying or Selling A Home? We’re Here To Help

No matter if your looking for a your new elite home or wanting to sell your current home. Providing friendly and knowledgeable service, Eddie Chang is here to assist you in every way possible.

OFFICE LOCATION

Realogics Sotheby’s International Realty
15 Lake Street #200
Kirkland, WA, 98033

Direct: (425) 922-7136
Office: (425) 658-5300
Fax: (425) 658-5400