If you follow the Seattle/King County housing market closely as I do, then you cannot be faulted for thinking the past year was fairly similar to the one before. Rinse and repeat, anyone?
Our reflection on the real estate journey for 2023 unveiled a landscape of rising prices, economic uncertainties and shifting market dynamics. We have turned the page and see signs of hope for an improved year for buyers and sellers – but, consumers may still take a cautious approach amid uncertainty about a possible recession, job security and other potential issues.
Here’s a video that spotlights economic trends, housing market shifts and other projections of what we can expect in 2024. This visual journey is a summary of my recent blog post entitled Expectations for 2024 in Seattle/King County Real Estate.
There are glimmers of hope for 2024 mixed with potentially difficult circumstances.
Looking to buy or sell in the next 6-12 months? I can share some keys to a successful home transaction. It starts by working with a seasoned real estate professional and Realtor®. Contact me when you’re ready to talk!