2016 was another fast paced year for the Seattle area housing market. We have seen continued price increases for single family homes and additional pressure on rental housing due to our wonderful communities and local job growth.
So what does this mean for you and me? For those of us with property it’s reasonable to reflect on our past and evaluate whether now is an opportune time to shift our sails and see where the next wind takes us.
Do you have young friends or associates who are comparing rising rents with the potential for earning equity via ownership? Through my recent educational coursework and association with the Washington State Housing Finance Commission, I’ve assisted buyers in obtaining terrific loans to get them started. It’s nice to see our tax dollars at work.
With my peers, the joy and satisfaction I have felt in helping many downsize to smaller homes has been so rewarding. Retirement? That is still a dream away for me. Over the last few years I’ve expanded my relationships with several builders so land sales and new construction are increasing components of my practice.
Are you curious where our Seattle market is heading? It’s easy when you reflect on our historical picture to see what’s ahead. More growth.
It’s a wonderful compliment when you send your friends and family my way. Your referrals are my future and I thank you.
Wishing you a Winter Season of cheer and a New Year of love, health and prosperity.