Seattle Real Estate News


February 4th, 2018 9:27 AM by Sam Kader

A lot more homeowners nowadays are staying put and are sprucing up current homes rather than moving  up to a larger place as their family grew or the home became outdated. They are also eager to hold onto the ultra-low mortgage-interest rates  they obtained after the crash.  Homeowners are expected to stay put for 15 years instead of 5 years traditionally.  The trend is so pronounced that it changed the dynamics of the housing market. It's fueling brisk sales in the remodeling business and at home-improvements stores such as Lowe's and Home Depot but it's leaving very few homes available for sale and causing prices to jump due to short supply. 

Posted by Sam Kader on February 4th, 2018 9:27 AM


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