Some interesting facts

20.3% of the population growth last year in Washington came from abroad.

55% of international buyers pay cash for real estate.

$246,800 was the median price of homes sold in Washington in the second quarter of 2010. That's 6.9% below one year ago.

That's right, the above stat said we have had a 6.9% decrease in the median home price from last year. In most cases if you are looking for that 50% discount you will have to move to Nevada or Michigan.

There is a 47% chance that Seattle area home prices will be lower in two years than they are today (source PMI).