Monday, December 29, 2014
Hottest Housing Markets
Seattle has made the Top Ten List again as one of the hottest markets in which to invest in real estate! Our City is a perennial favorite when it comes to investment, given our strong economy and high quality of living.
This time, the list was compiled by Trulia as 2015's Hot Housing Markets to Watch. Seattle made it onto the list as number 10. The other nine markets on the list were as follows:
Middlesex County, MA
Salt Lake City
Trulia's Chief Economist selected these 10 markets due to "strong fundamentals for housing activity. These include solid job growth, which fuels housing demand, and a low vacancy rate, which spurs construction. We gave a few extra points to markets with a higher share of millennials."
Trulia avoided those markets where housing prices appeared to be at least 5% over-valued.
So why invest anywhere else?
Happy Investing here in Seattle!