Seattle Real Estate – 2014

Real Estate Predictions & the Hottest Housing Markets for 2014

A lot has changed in real estate in 2013. Home values have skyrocketed in many markets, mortgage rates have risen from their bottom and most recently, negative equity fell at the fastest pace ever.

Over the summer of 2013, Seattle experienced an enormous amount of buyers and a record low inventory.  There were not enough homes on the market for all the buyers!  This created bidding wars which often took home values up far beyond their original list price.  A few people in my office got their buyers $150,000+ or more than the owner originally hoped to get.

Sources predict 2014 to see a continuation of this positive trend. Take a look at four bold predictions for real estate and mortgages below, and the top 10 hottest housing markets for 2014.

Do you think our predictions will come true?

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