credit seattle times 03.05.15

Home Sales Up, Visas For Sale & The New Gold Rush Is On

The median price of King County homes sold in February rose 6 percent over the year to $429,900 amid a sharp drop in active listings.

February marked the fourth consecutive month of record-low inventory of houses and condominiums for sale in King County. It’s an indication that the seller’s market — now going strong for three years — is even more difficult for first-time buyers.

King County home prices up 6% from a year ago – Seatte Times

Seattle-area home sales rocket back to 2006-era levels – PSBJ

King County homes continue to get less affordable – Seattle PI

Money from investor visas floods U.S., doesn’t reach targeted poor areas – Seattle Times

Thanks to Amazon, Seattle is awash in fortune-seeking men again – Crosscut

City may cap rents on some micro-apartments at $618 a month  – Seattle Times

This is why Seattle developers are building apartments, not condos – PSBJ

Millennials on the Homeownership Path – NY Times

 

Image credit: Seattle Times