I was in Wilkeson this weekend (just northwest of Mount Rainier National Park) and I was amazed at the number of houses for sale. This is a tiny town way too far from the metro area for commuting. I've seen lots of houses for sale places where the commute must be insane, like Maple Valley, Orting, etc. But seeing so many in places like Eatonville, Darrington and now Wilkeson really surprises me.
I'm sure there's some number of jobs in these and neighboring towns, but why so many houses for sale? Financially strapped people selling vacation homes? People trying to cash out on record high values (assuming rampant appreciation there for some reason)? Investors dumping properties because they thought people wanted to live in Wilkeson? People fleeing increasing tax rates from the runup?