Photo by Kevin Lisota
Kevin Lisota Photo by Kevin Lisota

Data from The S&P Case-Shiller National Home Price Index shows that home prices in Seattle region rose by 11% between September 2015-2016, making it the nation's hottest housing market. GeekWire staffer Monica Nickelsburg reports that the Seattle housing market has been fueled by the boom in the tech industry, whose skilled professionals are able to afford more expensive homes.

Dean Jones, Principal and Owner of Realogics Sotheby’s International Realty, says that Seattle is still playing catch-up with other West Coast markets like San Francisco:

“If you simply look at our median household income, spurred in no small part by the strong tech market, and then divide that into the median home prices of our region, you can see we have a long way to rise before finding balance with the Bay Area.”

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