The report, by Seattle-based online residential real estate company Redfin, found that the number of home sellers looking to leave the Seattle metro area has jumped to 13.7%, compared with 11.2% at the same time last year.
Meanwhile, the net outflow of homeowners from Seattle has soared from 363 in the second quarter of last year to 6,007 in the second quarter of this year - a jump of more than 1,500%.
> The report, by Seattle-based online residential real estate company Redfin, found that the number of home sellers looking to leave the Seattle metro area has jumped to 13.7%, compared with 11.2% at the same time last year.
> Meanwhile, the net outflow of homeowners from Seattle has soared from 363 in the second quarter of last year to 6,007 in the second quarter of this year - a jump of more than 1,500%.
This is the culmination of years long trends from an unsustainable housing model. Seattle has been pricing out seattelites ever since all the housing got snatched up after 2009.
This is the culmination of years long trends from an unsustainable housing model. Seattle has been pricing out seattelites ever since all the housing got snatched up after 2009.
4 comments
This is the culmination of years long trends from an unsustainable housing model. Seattle has been pricing out seattelites ever since all the housing got snatched up after 2009.
You can probably blame Amazon for a decent amount of that