Tuesday, January 21, 2014

Seattle Among Top Markets for Commercial Investment

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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