There is a housing affordability crisis in Washington impacting buyers, sellers, and renters. Growing pressure and demand for housing leads to skyrocketing prices and low housing supply. Families in all income groups are struggling to find home-ownership opportunities. This impacts every part of the housing and rental markets in Washington.
According to the University of Washington's Center for Real Estate Research, first-time buyers in Snohomish County face home prices that are nearly double what they can afford.
We need to work with our state and local elected officials to solve this growing crisis in our communities, which includes educating lawmakers about real world impacts on all Washingtonians.