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| Sponsored by Quicken Loans |
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| Keeping Up in a Gangbuster Market |
| By Maria Patterson |
If there was ever a place where real estate agents needed to be at the top of their game, it's the super competitive Seattle market. "Our employment growth is off the charts, which is great for the economy, but our housing construction isn't keeping up," says Sam DeBord, managing broker and vice president of Strategic Growth for the area's Coldwell Banker Danforth. "We're adding 70,000 new residents every year in King County, while only permitting 10,000 new units. So, the lack of available and affordable homes for sale will continue to climb as long as technology companies [think Amazon, Microsoft, Facebook, Google, Apple] continue to expand their workforces here. That means higher prices, more traffic, and even more reason for real estate agents ...
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Trends are an excellent way to predict things like homebuyer behavior over the coming months or years.
