Last updated 10:25AM ET
November 21, 2009
KPLU Local News
KPLU Local News
Why Puget Sound Real Estate Bucks National Trend
(2007-08-02)
(KPLU) - The northwest is a bright spot in an otherwise faltering national housing market. When stocks took a dive last week, many analysts blamed it on mortgage woes and dramatically falling home prices around the country.
Yet housing prices in the greater Seattle area continue to rise.
As KPLU business and labor reporter Bellamy Pailthorp explains, the northwest economy is often out of synch with national trends.
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