August 2011

Found 5 blog entries for August 2011.

Washington homes are more affordable they have been since the Washington Center for Real Estate Research started tracking the numbers in 1994, and they're likely to get even cheaper, the center said Wednesday.

The median price of an existing home was $226,900 in Washington and $348,300 in King County, down 7.6 percent and 7.2 percent, respectively, from a year earlier. The price fell 0.6 percent statewide and rose 1 percent in the county from the first quarter, without adjusting for seasonal variations.

Factoring in prices and interest rates, the typical household made a record 154.7 percent of the income needed to buy the median-price home statewide and a near-record 124 percent of the income needed in King County, the center reported. The typical

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