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Shoreline Washington Real Estate
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Shoreline WA Real Estate Market Info

Sales and median prices in Seattle and other Western markets have been impacted in recent months by the credit crunch, which made "jumbo" loans over $417,000 pricier and harder to obtain. In the Seattle area, the number of home purchases financed with jumbo mortgages fell 61 percent in January compared with a year ago, while sales financed with "conforming" loans not exceeding $417,000 fell 33 percent. Before the credit crunch hit last August, jumbo-financed home purchases represented about 16 percent of all Seattle region sales, while in January jumbo-financed deals were 8.7 percent of all sales
 
 
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