I lived, and bought my first house, in Bellingham – north of Seattle… back when it was cheap. (1991). I paid $72,500 for a 2 bedroom SFR. It sold in 2005 for $237,280. The bubble definitely inflated up there. And seems to be staying inflated. My best friend owns a home in Mt. Vernon, WA. She’s seen the value of her house double in 5 years. Her house is closer to Seattle than Bellingham… many of her neighbors commute to Seattle, despite it being a 60-90 minutes commute.
I loved living in the Northwest. You learn to do stuff in the drizzle. (It doesn’t rain hard every day – more drizzling.)