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What Does The Real Estate Market Look Like For Seattle in 2023? Date Published : Jan-27-2023

Author: 
Kim Brown
Publication date:
January 27, 2023
Article Summary: 

The real estate market in Seattle for 2023 presents a mixed outlook. While sellers still have an advantage, the market is balancing due to higher mortgage rates and increased inventory. Home prices are expected to either fall or flatten, rent prices may not rise as rapidly, but affordability remains a significant challenge. Higher interest rates have made it harder for first-time buyers, and some recent buyers may find themselves underwater if home prices drop.

Keywords: 

Seattle, real estate market, 2023, sellers, buyers, home prices, rent prices, mortgage rates, affordability, housing market trends





Source Citation: 
Kim Brown
What Does The Real Estate Market Look Like For Seattle in 2023? Date Published : Jan-27-2023
January 27, 2023
https://www.condocontrol.com/blog/what-does-the-real-estate-market-look-like-for-seattle-2023/
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