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Even with snowstorms, Puget Sound housing market stays strong in February: report


Even with snowstorms, Puget Sound housing market stays strong in February: report
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February saw one of the snowiest days on record in the Seattle area, with people in some areas waking up during Valentine s Day weekend to nearly a foot outside their windows.
But, even with the weather, the Puget Sound region housing market didn t let up, according to the February report from Northwest Multiple Listing Service.
“It’s amazing how close the February numbers are when compared to February 2020, which was, of course, right before our world changed,” said Mike Grady, president and CEO of Coldwell Banker Bain. Despite our similarly lousy February weather, the data shows that the market continues to be hot, with residential inventory very tight and median prices rising by double digits across most of our counties.” ....

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How the pandemic is leaving a lasting footprint on the Puget Sound housing market


How the pandemic is leaving a lasting footprint on the Puget Sound housing market
Home offices have never been more important to Puget Sound home buyers. (Pexels)
Over the last year, the pandemic has indelibly changed Puget Sound’s housing market in a number of ways. Windermere Chief Economist Matthew Gardner spoke to KIRO Radio’s Dave Ross about that lasting COVID-induced footprint, and what buyers can expect once the virus is fully brought under control.
First and foremost, Gardner points out that the need for a home office has become more important now than ever, which, for many employees, is likely to continue past the end of the pandemic. ....

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