The Specialist in Seattle Real Estate
This analysis was completed by Bloomberg using the US Bureau of Economic Analysis data for the 100 largest metropolitan areas in 2014. Gross Metropolitan Product (GMP) was clearly much higher in high-tech areas, with San Jose ranking number one nationwide. This reflects an ongoing trend showing that densely populated areas with educated, skilled, workers are …
The proof is in. The Bureau of Labor Statistics has recently released a report recently that shows that Seattle’s incomes are increasing rapidly. In fact they are rising at twice the national average. (see chart) Of course everyone acknowledges this is affecting the purchase price of real estate, as well as rentals. And that is …
Housing Chartbook: February 2014 Several Mortgage Professionals with Wells Fargo have sent me this report over the last couple of days. It’s a very thoughtful analysis of the near-term housing outlook based on historical data and near-term predictions using a number of factors. They look at GDP, energy and material costs, demographics and changing family …
As reported in the Seattle-PI, it’s official! The Amazon Twin Towers Downtown Seattle development located in the Denny Triangle area has been tentatively approved by Seattle City Planning and Development Department. With just a few minor design changes to go, we will see an additional 3.3 million square feet of office space in the next …
According to MarketWatch of the Wall Street Journal, the the Seattle-Bellevue-Everett area is one of the 10 fastest recovering areas in the country. Housing inventory decreased 42.9% in the second quarter, compared with a year ago, and median list prices increased by 10.85% in the Seattle area. Unemployment in the area is 7.8%, lower than …