Market experts are counting on 2014 to develop into another solid year for the real estate market. We expect to see stabilization and recovery for home and condo sales around the Pacific Northwest as well as upticks in new home construction and commercial leasing, both positive signs for job creation. Additionally we expect to see:

• Modest rise in home values
• Renewed interest in condominium and multi-family development
• Increase in existing- home sales
• Sustainable growth in home equity
• High demand for new construction
• Decreased market share of distressed and foreclosure homes
• High demand for properly priced and positioned homes for sale

The general message looking forward is positive activity throughout the Puget Sound region as the market continues to find a new normal.

For more specific market information click here: Washington Communities