According to a recent article in the Seattle Times, there is a buying frenzy going on across the Seattle Metro region spurred by fears of interest rate hikes during a Trump presidency.  The mortgage rate hikes are in response to government bond holders fear of inflation driven by overspending by the next administration.  Seattle condo prices are up 11.5% over the prior November 2015 prices. The median price of a Seattle condo now sits at $389,250.  This panic buying is shrinking an already small inventory of available homes for sale.

To read the full article, follow the link below. 

Happy Hunting 

Lauren

Seattle Condo Specialist

206-697-2301

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