Seattle Rental Market Forecast 2024. Explore the latest trends in the seattle housing market for march 2024, including sales activity intensity, inventory levels, and current interest rates. Rental prices on the rise:
For a studio apartment in seattle, wa, the average rent is $ 1,511. In 2022, the seattle region saw a historic number of new apartments completed, and the 2023 forecast says that the trend is expected to continue.
Home Shoppers Could Get Some Relief If Mortgage Rates Decline, But Renters May Not Be So Lucky.
The time for hesitation has passed;
Residential Rents Could Go Up As Much As 4% And Office Space Vacancy May Continue To Rise In The Seattle Area,.
This is $5 more than april.
Here Are Five Predictions For Next Year’s Real Estate Market.
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Home Shoppers Could Get Some Relief If Mortgage Rates Decline, But Renters May Not Be So Lucky.
Ready to jump into 2024 by investing in a rental property?
Typical Seattle Rents As Of January 2024, To $2,026 Per Month.
The forecast now anticipates the number of permitted multifamily housing units to decline through april 2023, reaching just 1,191.8 units in april (the reported november number is 1,591).