Seattle Housing Market Ranked #1 For Investing

So the news isn’t all bad.  According to an article in the Seattle PI on October 21st, Seattle is currently the best place to invest in real estate. The survey was conducted by Price Waterhouse Coopers and the Urban Land Institute and surveyed over 600 real estate professionals.

So what does this mean?  If you invest in a property in Seattle today you are more likely to make a profit over time compared to anywhere else in the country.  With people weary of investing in the stock market this is good news for locals looking to diversify their portfolio.

As local agents, this news combined with the fact that it is a buyers market only supports our belief that now is the right time to purchase a home or investment property.  Not only are house prices the most favorable they have been in years but the ability of buyers to negotiate has not been this good for a long time.

If you are able to buy, give us a call. We are constantly on the lookout for great investment/stater home properties and we have seen many.  The remarkable thing is that great deals are available to be had on in city real estate.  Not only will the resale be greater because it is in city but many homes on the market right now are in areas that may be ripe for development in the future.

For more information check out the article (link below) or give a us a call. 

http://seattlepi.nwsource.com/business/384328_realestatestudy22.html

 

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