In the past six months, we have seen the Seattle real estate market has changed, and many clients asked: "How could be the house sold for 150000 dollars over the asking price? It is unbelievable. It is a real estate bubble!". This video has covered the main reasons for today's housing market state and answers whether Seattle, Bellevue, or the Eastside are in a housing bubble.
00:00 Intro.
00:37 Key influencing leverages on the housing market.
01:03 The current demand level and its reasons for the current real estate market.
05:40 The current supply level and its reasons for the current real estate market.
07:19 What is the difference between the housing market 2021 state and the 2008 year?
08:52 Is Seattle in a housing bubble?
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If you need more detailed consulting across Bellevue, New Castle, Renton, Issaquah, Sammamish, Bothell, Woodinville, Kenmore and Seattle real estate housing market, feel free to reach out to me.
Direct: 206.643.9768 | Fax 425.450.2600
Email: igorp@windermere.com
Address:100 116th Ave SE | Bellevue | WA 98004
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#SeattleRealEstateAgent #WindermereRealEstate #WindermereBellevueCommons
Picture by Niklas Tinner, Unsplash
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