In a study performed by Forbes on stable housing markets across the United States, Seattle is listed as the most stable housing market across the country. With 8.9% increases since 2006, and an average median home price of 395,000 the area continues to revolt against the national trend of dropping home prices.
The Eastside and Bellevue in particular have seen even more significant increases in the past year. With the strong Seattle economy and even more companies choosing to do business and open offices in the Pacific Northwest more working professionals continue to migrate to the area!
The article projects an increase in 2008 of 3.09%.
