Seattle Homeownership

I had dinner recently with four millennials, none of whom had any immediate plans to buy a house. Seattle's homeownership rate at 55.4% is well below the declining national average of 62.9%.

Absorption rates and demand for rental housing are very strong locally and nationally, supporting the need for more rental supply here in Seattle.

It is a good time to be looking at rental properties in Seattle.

Happy Investing!