The national housing market “cooling” continues—again, this is all relative to the bonkers real estate year that was 2021—with bidding wars dipping below 50 percent nationwide for the first time since the start of the pandemic and local year-over-year growth slowing considerably. That doesn’t mean Seattle-area homebuyers are holding out for bargains, though.
A June 2022 survey from Orchard, which recently expanded into the Seattle market back in April, found that 38 percent of local homebuyers planning to buy within the next 12 months are willing to increase their budget by as much as $100,000 to secure a property. (Honestly, at that point, why even call it a budget.) Seattle has the second highest ratio
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