While things have slowed in some areas within Seattle proper, outer edges of the region, including Tacoma and Everett, have been seeing growth. For homes under $410,000, prices grew about 16 percent in the past year, and many buyers are going further outside the city to secure a home in their budget.
Mike Rosenberg | Seattle Times
A month after the Seattle area was dethroned as the hottest housing market in the country, the local housing market is cooling again — but the outer reaches of the metro area remain competitive.
Single-family home prices across the region that includes King, Snohomish and Pierce counties were unchanged in July from a month prior, according to the monthly Case-Shiller home price index, released Tuesday. It’s the first time prices didn’t grow in the month of July since 2009, when the housing bust was in full swing.
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