Did your full price offer get
accepted rejected? If you’re a first time home buyer in Seattle, offering full price may not be enough.
It could be because you’re dealing with a stiff seller’s market. Many neighborhoods in Seattle are experiencing APPRECIATION, due to lack of inventory and high demand (see “Seattle House Prices Going Up” ). That’s right, home prices are going up because there aren’t enough houses on the market to meet buyer demand!
But it depends on your specific demographic! If your real estate agent isn’t researching your area and breaking down things like ABSORPTION RATES and SOLD/LIST% for you, you can’t possibly know what type of market you’re dealing with. You need this type of information to make a decision of this magnatude.
You won’t know for sure unless you get educated. If you’re a first time home buyer looking to buy in the Seattle area, go to our Calendar/Reservations page and register for one of our FREE First Time Home Buyer Workshops.