Tuesday, June 3, 2014

Fastest Growing Major City

CNN Money reports that while Seattle may have plenty of gray, rainy days, it also has some great coffee, a thriving music and arts scene and, most importantly, jobs. Seattle has become an economic powerhouse, attracting tech workers, outdoors types and those seeking world-class access to arts and entertainment. CNN Money puts Seattle number 7 on its 2014 list of cities to which people are moving.

Forbes magazine rated Seattle as the 11th fastest growing city in the nation in February 2014. Forbes looked at the Seattle-Tacoma-Bellevue MSA. Median Pay in the area is $71,400.
The 2013 Population Growth Rate: 1.1%
Unemployment Rate: 5.78%

Within the city of Seattle, the economic stats are even more impressive. According to CNN Money:
Median income: $86,700
Median home price: $343,000
Home price growth forecast : 5.2%

All of that growth and the buzz about Seattle translates into a healthy housing market. With 47 percent of its homes selling in two weeks or less in April, Seattle is also the nation's 10th-fastest-moving real estate market, and the third fastest outside of California.

Seattle is where I choose to invest personally, and it is where I focus my real estate work with clients. Message me at HomeLandInvestment@gmail.com to check out my free list of the top ten buys in your price range in the Seattle housing market today.

Happy Investing!






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