Home prices in Seattle have continued to go up over the past year as buyers were faced with low inventory and stiff competition.
For buyers with lower budgets, it has become even more difficult.
According to a new report from Zillow, home values have been rising the fastest among the most affordable homes in Seattle and in many metro areas across the country. Annual appreciation for homes in the lowest tier in Seattle rose 13.9% in February year over year, according to report. Homes in the middle tier rose 13.1% and homes in the top tier rose slightly less at 12.1%.