News Blog for Seattle's Wedgwood and View Ridge Neighborhoods

 

Northeast Seattle housing market remains as hot as the recent weather (sponsored story)

May 15th, 2013 · No Comments

(This is a sponsored story written by John Madrid, Managing Broker with John L. Scott Real Estate.)

There are no signs that the current trends of low inventory, rising prices, short sales times and multiple offers will be abating anytime soon.

For Northeast Seattle, including View Ridge, Wedgwood, Maple Leaf, Bryant, Laurelhurst and University, there continues to be only about a one-month supply of single-family home inventory. This tight inventory can be attributed to continued low interest rates, robust Puget Sound area hiring and a generally improved economy including significant gains in the stock market. Whether the market will become more

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