seattlebubble.com - Seattle Bubble • local real estate news, statistics, and commentary without the sales spin.

Description: local real estate news, statistics, and commentary without the sales spin.

Example domain paragraphs

As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945.

The good news: This is down from an eye-watering $4,758 in October. The bad news: This is up dramatically from just a year prior, and 59% higher than what we saw at the peak of the previous housing bubble.

Even if you adjust the July 2007 peak payment for inflation, it only comes out to about $3,586 in 2023 dollars, meaning that the October 2022 peak was 34% higher, and as of February homebuyers are still looking at payments 10% above the highest level recorded before the last housing bubble burst.

Links to seattlebubble.com (12)

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