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More buyers than sellers push King County home prices up

By
Mortgage and Lending with Absolute Mortgage

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Peter and Myrna Hillyer opened their North Seattle home of 45 years to potential buyers Wednesday.

One was Meaghan Frisbee. She and her husband are trying to decide between adding a second floor to their house in Phinney Ridge or moving. They’ve seen 20 homes in the last month.

“All the houses are getting snapped up,” said Frisbee, cradling her 3-month-old daughter in her arms. “It’s hard to find a house.”

The Hillyers are in a good spot. They put their home in the Bryant neighborhood on the market a week ago at $650,000 and already are mulling an offer.

“We don’t need a large home like this with six bedrooms,” said Myrna Hillyer, standing next to the spread of crackers, cookies and meat-and-cheese platters in the kitchen of the home the couple bought for $23,000 in 1968. “We’re planning to move back to Mercer Island.” Read more here.