July 2020 Market Update

July 2020 Market Update

People are still buying homes amongst the social uncertainty - NWMLS saw increase of median price to $484,995 in July 2020, from $465,000 in June 2020.

Realtor.com - Going into the Fall It’s important to remember the July HPSI reflects conditions from the first half of the month. While the economic recovery is shaping up to be full of twists and turns, the more recent employment figures offer some hope. Job creation in July ended stronger than market expectations and the unemployment rate, while stubbornly high, continues to see gradual improvement. Limited options, increased competition and rising prices will continue to fluster buyers in the coming months even as they lean on more favorable financing options.

Call me for more information and if you are looking to buy or sell, let me help on your home journey ❤️.Image title

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Phone: 206-953-5090
Dated: August 11th 2020
Views: 94
About Mary: Hello, my name is Mary Smith with RE/MAX Realty South and I serve in King County. I was awarded Re...

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