The 2014 report by the
Urban Land Institute titled "Emerging Trends in Real Estate" ranked the
Seattle area as number 6 of the 51 markets to watch. This report has been a
valuable standard by which many investors use to determine where real estate is
headed, based upon research with more thatn 1,000 investors, lenders,
developers and builders across the country.
The report stated that all
three market components-- investment, development and home building post the
largest gain. They quote a national real-estate consultant saying, “Seattle
is enjoying good job growth due to the tech industry. It is also becoming a
core market for foreign investors.”
The report continues to
state that respondents feel good about the industrial/distribution, office and
retail in Seattle. The "buy" rating for each of these property types
is ranked in the top five among competitive markets.
Happy Investing!
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