The ability for the average household to afford to purchase the average house in Seattle got out of whack over the last few years. It's now getting back in check. Affordability hits a 40-year high. In King County the median home sold in February for $375k, the lowest since May 2005, but the average household income is $82,564 which exceeds the national average by 60%. With more product on the market, historically low interest rates and the $8,000 Buyer tax credit it is the time to buy if you want to in Seattle.
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