What a beautiful Thursday morning it is in Seattle, Washington. If you are looking to purchase a home, today is a great day to find what you've been looking for. Another busy day for Team Synergy, as we are actively finding the best deals around, and nothing get's past our experienced inspector's, which have always provided excellent service. Saving YOU money in the long run; it's what we're all about. We work hard so you don't have to! Below, we have provided some interactive widgets to help navigate you through, featured homes for sale, search homes, and home value's. We hope to find these very useful in your search, also provided by Zillow, we have the most updated Market Value's in the Seattle area.
The median home value in Seattle is $473,500. Seattle home values have gone up 6.1% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in Seattle is $333, which is higher than the Seattle Metro average of $174. The median price of homes currently listed in Seattle is $449,000 while the median price of homes that sold is $432,392. The median rent price in Seattle is $1,763, which is higher than the Seattle Metro median of $1,595.
Foreclosures will be a factor impacting home values in the next several years. In Seattle 2.9 homes are foreclosed (per 10,000). This is lower than the Seattle Metro value of 6.0 and also lower than the national value of 4.0
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Seattle is 3.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Seattle homeowners underwater on their mortgage is 9.5%, which is lower than Seattle Metro at 16.2%.
Brought to you by ZILLOW.COM
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