I originally wrote this blog post about buying real estate on Eastside in March 2017 – exactly four years ago today. There was a general feeling back then that the market will slow down. About a year ago, when Covid19 hit us like a tsunami, there was a great deal of uncertainty about what was in store. Given all the restrictions and limitations, it appeared to be likely that things will slow down. That did not happen. We saw solid numbers in 2020, and buying real estate on Eastside became even more challenging. The first three months have seen that trend continue. It is not just buying real estate on Eastside. Now it is exceptionally competitive just about everywhere. From Tacoma to Bellingham and Spokane, at the eastern edge of Washington State, just about every new home on the market sells quickly and fetches more than the asking price. Thus I am reposting this blog.
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