email  Kristie Ghioni 
or call direct line 206.218.5687
Metropolitan Realty Group
12900 NE 180th Street
Bothell WA 98011

866.920.4488 main
206.783.9444 fax
www.MetroRGI.com

"I want to thank you for the aggressive and competent manner in which you served as our agent." more>>
Leland H.    1986                    

 

"I am writing to thank you for the professional job you did for me on the recent sale of my Shoreline Property. Through many transactions as an investor no agent has ever acted more professionally and worked with more determination than you did on this sale." more>>         
 Hank H.   

 

 

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What is Happening in Seattle, WA   Paycheck to Paycheck - 2007 Third Quarter Findings

Homeownership Market  

     2007 Median Priced Home: $380,000


©Copyright 2000-2008 Center for Housing Policy

Data on the median-priced home are from the National Association of Home Builders' Housing Opportunity Index for the third quarter (3Q) of 2007. The annual income needed to qualify for a mortgage was calculated using the average prevailing interest rate, assumes a 10 percent down payment and the use of private mortgage insurance, and includes principal, interest, taxes and insurance.

Wage data are as of August, 2007 and were obtained from a proprietary database of salary information by geographic location maintained by Salary.com.

Rental Market  

     2007 Fair Market Rent:  1BR $710/month,  2BR $854/month


©Copyright 2000-2008 Center for Housing Policy

Rental data are from the U.S. Department of Housing and Urban Development's report on Fair Market Rents for the year 2007 and are based on a survey of recently occupied units. The Hourly Wage Needed to Afford is the hourly wage that must be earned so that this rent does not exceed 30 percent of income, a standard measure of affordability. It is based on a concept developed by the National Low Income Housing Coalition.

Wage data are as of August, 2007 and were obtained from a proprietary database of salary information by geographic location maintained by Salary.com.
 





 

****Full Text Available at http://www.nhc.org/chp/p2p/
 

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