Thursday, December 11, 2008

What your money can buy in Seattle

This was a revealing article printed last weekend in the Seattle Times. It breaks down what kind of home different amounts of money will buy in the Seattle area. A person looking to spend $250k can easily find a 1 bedroom condo in the popular neighborhoods north of Lake Union. And then a substantial, yet reasonable increase to mid-$300k can buy a single family home or townhome in the same area.

Prices have really softened this fall and early winter. That combined with incredible interest rates on a home mortgage make buying in Seattle extremely compelling.


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