The downturn in the ecconomy has created a once in a lifetime investment opportunity for first time home-buyers in the Seattle real estate market. Prices of homes for sale in the Seattle are are record lows, as are mortgage rates. In recent years, new home buyers have not been able to afford starter homes in Seattle, but home prices have now dropped back to 2004 prices. The price of homes for sale in Seattle dropped about 14% in 2008. Now is a great time to buy or sell a home in Seattle, Washington.
