By Mike Rosenberg, The Seattle Times.
“The Seattle area has now been the hottest real estate market in the country for 11 straight months. Seattle has been leading the country in home price increases for a while. Now, no other region is even close.
The Seattle metro area saw single-family home prices surge 13.5 percent during the 12 months ended in July, according to the monthly Case-Shiller home price index, released Tuesday. Portland was second, with 7.6 percent growth”