June 2020 Snohomish County Market Update

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Real Estate

The real estate market has not been phased by the virus compared to other sectors. Historically low interest rates have kept buyers scrambling to find properties. Inventory is also extremely low which is creating a frenzy of offers on desirable and well priced homes for sale. Larger & luxury homes are flying off the market like never before. Multi-family homes are the new hot ticket item as more people are considering living with their extended family durning the stay at home orders. Stay tuned for July stats... it will be over before we know it!