2023 Real Estate Forecast Developers Shift to Apartment Buildings
Washington now has the fewest housing units per household of any state in the nation, and its homeownership rate is ranked 43rd in the nation, making it one of the least affordable states for homeownership. This statistic has caused concern among state officials, who have been working to address the issue and make homeownership more accessible for Washington residents while providing housing for those who are not ready to buy.