"Seattle seems to be defying all the laws of housing market trends," said Daren Blomquist, senior vice president at real estate data firm ATTOM. The company employs more than 40,000 workers at its Seattle headquarters and pays out nearly $26 billion in compensation. "We have a ton of [San Francisco] Bay area companies that now have offices in Seattle ... those transplants have driven prices up." Home values in King County, which is where Amazon is located, have appreciated twice as fast as the national average, according to Blomquist. Where Seattle goes from hereDespite being a seller's market, Seattle homeowners are hesitant to sell.

Source: CNN May 16, 2018 16:10 UTC