Just today I read an article in Forbes Magazine / online and it rated Seattle as number 8 of the top ten Recession Resistant cities.  According to Forbes, Seattle Area Homes have appreciated 1.1% through 2008 and our employment rate is holding steady.  Actual appreciation or slight depreciation varies by neighborhood.

To see actual Inventory Versus Sales Statistics, visit www.mcknightrealty.com / Market Statistics.

In the Kirkland area, which is on the Eastside of Seattle, there are 154 new construction homes on the market above $1 Million, which means buyers, right now, in that price range are going to get snap up some good values.  Due to worries of inflation and low prices on mortgage bonds, interest rates, according to the opinion of a high percentage of local mortgage brokers, are likely to go up.  Now is the time to take advantage of the ample supply of luxury new construction.