A home for sale in the Queen Anne neighborhood in 2020. (Amanda Snyder / The Seattle Times)
In Seattle, single-family home prices are up the most in Queen Anne/Magnolia and southeast Seattle, echoing national trends that suggest buyers are still shopping in cities. Seen here is a home in Queen Anne that was for sale last year. (Amanda Snyder / The Seattle Times)
Real Estate

1 house, 45 offers: Homebuyers in Western Washington hard-pressed as supply remains scarce

The competitive conditions have created a sellers’ market where buyers are pushed to spend more and to waive protections, like their own pre-inspection. And with mortgage rates ticking up, some buyers are feeling the pressure to secure a house before borrowing becomes more expensive.

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