Real Estate News March 27, 2015

King County Property Values Rebounding

From the King County Assessor’s Report:

In 2014, King County was the second fastest growing urban county in the nation, and a strong real estate market has driven property values steadily upward. While many residential properties increased in value, the majority have not returned to the pre-recession values of 2008.

King County property values increased 13.9% from $340.6 to $388.1 billion, and $5.4 billion in new construction was added in 2014. Look for the 2015 valuations in late May thru October. More.