Washington housing market remains strong

"Washington State continues to defy national trends in home prices, lending, and sales," Washington REALTORS® recently stated in two press releases- one focusing on the west side of the state, the other on the east side. Nationally home prices are down; sub-prime mortgages and foreclosures are up. But in Washington State, foreclosures and sub-prime lending occurred at lower rates than just about anywhere in the nation. Home appreciation in Washington also continues to outperform the rest of the nation with year-to-year price increases every quarter since the spring of 1995."