Seattle -- BUY
Home price gains needed to make buying a better deal: 4.84%
Historical average gain: 6.06%

Technology has driven economic growth in this Pacific Northwest city, headquarters of Microsoft and Amazon.com. Home prices have grown quickly over the past 25 years, especially during the late stages of the 2000's boom.

The median price has since fallen 26% from its peak, according to Fiserv, making purchases more attractive. By early 2011, prices had fallen to about 26 times the annual rents. Seattle's price rises have been robust historically and for someone looking for a home today, gains would only have to near the metro area's normal growth rate for buyers to come out richer than renters in eight years.


Last updated May 13 2011: 12:43 PM ET
Join the Conversation

The 2010 Census revealed that lots of U.S. towns are losing population. What makes some different is that they're not rusting old industrial cities, but fine places to live and raise families. More

Homes in these six cities had the steepest price drops of anywhere in the nation during the past six months. Here are a few of the deals you can find. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.