Good news may be on the horizon for the Seattle real estate market (finally!).

Forbes.com has recently published a report based on a study by  Moodys.Economy.com that has predicted  home prices in the Seattle area could increase by as much as 30.98% within the next 5 years.

"Moody's calculates future changes in home price by measuring both long-term and demographic and economic fundamentals, like income and population changes; and changes caused by short term supply and demand shifts"

That's especially good news for those first time buyers who have committed to buying in uncertain times.

I think we've all seen over the last few years that predictions and analyses can be wrong. But after so much doom and gloom over the last few years it's always nice to read something positive!