‘Brutal,’ ‘crazy’ housing market has Seattle-area homes selling half-million over asking price

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A wild housing market is forcing many Seattle-area home buyers to pay $300,000 to nearly $1 million over asking price.

Todd, who has worked in real estate in Seattle for 14 years, says she has never seen anything like what’s happening now.

Steph Giola and her husband are also house hunting. She said they’re trying to play the game, making offers that are hundreds of thousands over asking price but are still getting out bid. “It’s competitive like I didn’t think it could get,” Giola said. “It’s definitely pretty cutthroat and quite an experience,” she said.

 

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Bubble? Which bubble?

good thing Seattle voted in the anti-housing Mayor to stop home prices from increasing any slower!

All that extra tax. You can tell Washington is a blue state, look at all the blue tarps littering Olympia.

Not even worth it living this Bipolar place and it’s not even the weather I’m taking about but more of the people who are from this dreadful city🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️

Blame the Fed and the Fed alone. Too many new, extra dollars chasing the same real estate. Criminal what baby boomers have done to Millenials and Gen-Z. Robbed an entire generation.

East side went up the most, blame inflation and big tech companies.

Could someone explain what is it about WA geography that everything is concentrated in Seattle? You have a giant state to play in.

Here’s an idea buyers don’t do this crap any longer offer the value not the perceived value in a bidding war then bent over and ass raped!

There’s one born every minute

People are rushing to buy before mortgage rates increase.

Wait till they check the crime in Seattle and the fact we have a depleting police force.

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