HOMEOWNERSHIP AND HEALTHY LIVING GAPS ONCE IDENTIFIED BY ANECDOTAL EVIDENCE PROVEN THROUGH FINE-GRADE DATA
Kyoko Matsumoto Wright is a REALTOR with Coldwell Banker Bain and
mayor of Mountlake Terrace, a Snohomish
County bedroom community of about 20,000 people located 13 miles from Seattle.
In her position as mayor and in her job as a marketer of homes, Matsumoto Wright is seeing numbers that are pricing people out of housing.
Before interest rates rose, it was not uncommon to see residential listings selling for more than $200,000 over the asking price.
She sold a relatively modest home, listed at $615,000, for $807,000.
While those
stats look great for sellers and their REALTORS, Matsumoto Wright is gravely
concerned.
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