What Makes Living in Seattle Worth It?
Seattle is enjoying a very hot seller’s market these days.
The real estate prices have been on a steady incline for months and months.
These prices, combined with the cost of living in the city, have many people wondering if the lifestyle is really worth the hefty price tag.
In today’s post, we are diving into the reasons behind the high price tags and also examining whether or not it is really worth it to fork over so much cash to call Seattle home. Why Are Seattle Home Prices So High?
The reason behind the price hikes goes back to basic supply and demand. Over the last couple of years, there has been a steep increase in the population in Seattle. However, the housing market has not been able to keep up with demand.
As of right now, there is very little inventory available for sale on the Seattle real estate market. Yet, more and more affluent young professionals continue to flock here. Combine those factors with the health of the economy, and you get the Seattle seller’s market that we have now.
The good news is, if you do have a property, this is a phenomenal time for you to sell it and make an impressive profit!
Living In Seattle Comes With Big-Time Perks
Seattle is an extraordinary city.
Of course, we are a little biased as we have raised our family and built our family real estate business here for decades. However, we know we aren’t alone in our affinity towards Seattle.
The Emerald City offers many benefits and perks that you don’t get in other parts of Washington. Living within the city limits means having easy access to nightlife and wildlife, a long list of restaurants with menus that are to-die-for, and an overall culture that is as charming as it is eclectic.
When you buy a house or condo in Seattle, you are buying into the Seattle lifestyle more than just buying some property.
What Are Your Priorities?
Ultimately, deciding whether or not the price of buying a house or condo in Seattle will come down to your individual priorities.
You need to set a budget for yourself that is realistic to what you can afford and have one of our experienced Seattle real estate brokers show you just how much house that budget will buy you in various sections of Seattle. At that point, you will be better equipped to make the right decision for you.
Thinking Of Buying Or Selling A House In Seattle?
Seattle definitely lives up to its nickname; The Emerald City. It is a very lush, green, and eco-friendly city with all of the amenities of big city living like world-class dining, education, culture, and job opportunities. Seattle is also a very unique city in many ways, and so is its real estate market. Navigating the Seattle real estate market, should not be attempted alone.
You can view available properties in Seattle and get matched with an experienced Seattle real estate broker here.