Seattle housing inventory down 25 percent in November

Redfin recently released their November Housing Market Report, pointing out that the median sale price rose 7.7 percent to $271,400, which is the highest annual price growth in 14 months. Homes sold climbed 20.1 percent but inventory fell 9.7 percent from last year.

In Seattle, almost all of those trends played out to extremes.

As previously noted by the Cas... read more...