We are inching ever closer to the new year and with it comes a slough of predictions from experts within a variety of fields. Inman pulled out their crystal ball with an op-ed written by Matthew Gardner, chief economist of Windermere, who calls 2019 the “Year of the First-Time Homebuyer.”Read More
The Emerald City continues to dominate the S&P Case-Shiller home price index, as the latest report reveals that Seattle has maintained the highest home price growth in the U.S. for 14 consecutive months.Read More
It is no secret that the prices of homes in the Greater Seattle Area have been on the rise. This has been a pattern throughout several cities across the country, one of which being San Francisco. However, new reports are showing that the market in San Francisco is starting to slow down. Could this be the new pattern?Read More
Trulia released their annual report of the hottest housing markets to watch for in the coming year, and we have to say that we are not surprised to see that Seattle picked up the number ten spot on their list. Erin Renzas explained that this year, Trulia’s Chief Economist Jed Kolko determined which markets made the cut using “fundamentals such as job growth, rising incomes, and more household formation.” Thus, Renzas says his ten selections, “have strong fundamentals for housing activity,” which “include job growth, which fuels housing demand, and a low vacancy rate, which spurs construction.” She added that they “gave a few extra points to markets with a higher share of millennials.”
10. Seattle, WA
Companies like Starbucks, Microsoft, Amazon, and UPS have provided steady job growth for the area, but, hey, Seattleites know how to rock, too — as the home of grunge, which is still popular in the music scene there.
We cannot wait to see what 2015 brings as Seattle received a lot of attention this past year as Forbes Recognized it as Just About the Coolest City in the US, CNN Noted it’s Millennial Appeal, CNN Money Called it a Hot Market for Chinese Buyers, and KOMO TV Reported on the Downtown Building Boom.