{"id":1004052291,"date":"2011-09-12T07:05:12","date_gmt":"2011-09-12T15:05:12","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=16597"},"modified":"2022-12-02T23:00:34","modified_gmt":"2022-12-03T07:00:34","slug":"seattle-housing-market-could-be-this-years-sleeper","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/","title":{"rendered":"Seattle Housing Market Could Be This Year\u2019s Sleeper"},"content":{"rendered":"<p>By Alex Girda, Associate Editor<\/p>\n<p>Seattle\u2019s booming office market has eclipsed its housing\u00a0sector in recent months, but the housing market could turn out to be a sleeper. Recent numbers indicate that 2011 is on track to edge last year\u2019s home sales.<\/p>\n<p>Although prices have effectively remained flat, home sales volume for August enjoyed a 35 percent jump compared to the same month last year. \u00a0According to the <em>Seattle Times,<\/em><em> <\/em>August was the first month since February to top the equivalent sales figures for 2010. The improvement is especially noteworthy considering that last year\u2019s housing market benefited from federal tax incentives.<\/p>\n<p>Even thought the sale of luxury properties has lagged during the recession, the sale of waterfront homes in King County is another intriguing indicator. County records indicate that 63 waterfront properties have traded so far this year\u2014one more than a year ago at this time, \u00a0<em>the <\/em><em>Seattle Post-Intelligencer<\/em><em> reported.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alex Girda, Associate Editor<br \/>\nSeattle\u2019s booming office market has eclipsed its housing\u00a0sector in recent months, but the housing market could turn out to be a sleeper. Recent numbers indicate that 2011 is on track to edge last year\u2019s home sales.<br \/>\nAlthough [&#8230;]<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1610],"tags":[],"class_list":["post-1004052291","post","type-post","status-publish","format-standard","hentry","category-latest","category-seattle"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Seattle Housing Market Could Be This Year\u2019s Sleeper - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seattle Housing Market Could Be This Year\u2019s Sleeper\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Seattle\u2019s booming office market has eclipsed its housing\u00a0sector in recent months, but the housing market could turn out to be a sleeper. Recent numbers indicate that 2011 is on track to edge last year\u2019s home sales. Although [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-12T15:05:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T07:00:34+00:00\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/\",\"name\":\"Seattle Housing Market Could Be This Year\u2019s Sleeper - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"datePublished\":\"2011-09-12T15:05:12+00:00\",\"dateModified\":\"2022-12-03T07:00:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/seattle-housing-market-could-be-this-years-sleeper\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Seattle Housing Market Could Be This Year\u2019s Sleeper\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. 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