07 Jan, 2021
With a less than two percent rental vacancy rate and a blazing housing market, Skagit County continues to see low inventory and high competition. Home prices rose in 2020 throughout western Washington, with some areas achieving record highs. Seattle properties are selling three percent higher than this time last year. In Skagit County, prices increased ten percent since November 2019. Some people might be surprised at the pace of real estate during a pandemic, but housing is essential. Most of the paperwork can be done remotely. A few factors contribute to the Skagit County real estate market’s pace, including low interest rates, an increase in remote jobs, and less inventory than demand.