Renting Versus Buying

In our robust housing market it’s easy to believe that renting is the only option. Especially if you are young and in a high cost of living area such as greater Seattle.

Sure, there are numerous factors that go into taking the plunge as a homeowner. Is your credit strong? Do you have enough for a minimum 3.5% down payment on an FHA loan? How about closing costs? What other debts do you have such as student loans, credit cards, or a car payment?

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Seattle is the Fastest Moving Luxury Market in the U.S.

According to data from secondary U. S. cities are seeing a substantial increase in the number of luxury home sales. Seattle in particular is not only seeing an increase, but also boasts the fastest time on market of about 50 days compared to 139 days nationally. Seattle is followed by Silicon Valley, San Francisco, Greater Los Angeles, and San Diego in time on market for a luxury home.

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