Seattle’s already-hot real estate market is exploding

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For as long as Jim Pullin has been a realtor in Seattle, the Pacific Northwest city has always been a popular moving destination.

But the past three years — and 2020, specifically — have been something else.

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. “But a year ago, COVID-19 hit us, and we got even hotter.”

Home prices, he said, have always been high. But when inventory dropped to a third of its normal amount, everything changed.

“Prices spiked through the roof,” Pullin said.


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Presented by: Citi

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