The real estate market has softened in Seattle and mortgage interest rates are low…sounds like a good time to buy!
It has been a long time since Seattle’s market has seen these conditions. With home prices cooling a bit, buyers are in a stronger position to negotiate the terms of a deal to their advantage. In addition, the cost of buying is still historically low with interest rates just above 6%. Also, the fundamentals of Washington State's economy remain strong which points to continued growth.
If you are currently renting or if you are an investor who is looking for rental property now is a good time to buy.