Seattle Real Estate Market Predictions 2019
Seattle is an expensive real estate market that gives many investors pause. However, there are many reasons to invest in the Seattle real estate market in 2019 and the upcoming years. We’ll share 10 of them here after discussing the fundamentals of the Seattle housing market. Seattle is home to over 700,000 people. This makes the Seattle real estate market the largest in both the state of Washington and the Pacific Northwest. However, the Seattle housing market is actually bigger than that – it extends to the nearly four million people in the Seattle metropolitan area.
Seattle’s tech landscape and real estate market are rapidly evolving. Google just upped the size of its new Seattle campus. Facebook has been on a hiring spree in the Seattle area, particularly for its virtual reality arm Oculus, which is growing fast in Microsoft’s backyard of Redmond. GeekWire reported on new HQ leases for top Seattle startups Rover and Outreach. Other companies continue to grow and that will pick up any slack. Tech has blown up Seattle. For the past 5 years we have seen 50% price growth in this market which has priced out many middle class buyers.
Pic Credits – Pixabay.com | Photographer: Jorge Molina
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