LRE Blog

Personal thoughts from within the Luxury Real Estate network

NOV
13

Seattle Is Best Positioned For A Real Estate Rebound!

By Brian Langhorst

According the Forbes Magazine, Seattle is the #1 market for real estate to rebound and grow. Forbes Magazine along with the Urban Land Institute polled hundreds of real estate professionals asking them the best and worst markets to invest in for commercial real estate. Seattle came out ahead of all other cities in the United States as the best market to invest in. The residential real estate market closely follows the commercial real estate market as jobs and economic growth are tied in to the commercial real estate market. Seattle does not have an over supply of space or projects upcoming creating a strong investment market for commercial investors and residential buyers as well.

Rounding out the top 5 cities for real estate improvement were San Francisco, Washington D.C., New York and Los Angeles. These are all great areas to invest in Warren Buffet, Ben Stein, and many other notable financial experts all recommend that the time to invest in the residential real estate is now. There are wonderful investment opportunities in many markets around the United States and Internationally for buyers. Please feel free to contact any of the members of Who’s Who in Luxury Real Estate to speak about opportunities around the world!

For the full article from Forbes Magazine written by Dorothy Pomerantz click here.

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Comments

  1. Cindy - Real Estate License Direct 5 days later:
    There is no doubt about it, Seattle is a strong city. Sure the rest of the country only sees our gray skies, but the people that live here, love it! I couldn't imagine living anywhere else and I only moved to Seattle about five years ago, it quickly became a part of me, so its no surprise that we can rebound quicker.
  2. David - Insurance Careers about 1 month later:
    I love Seattle. We live in the Mid-west but before we moved here we looked at Seattle as an option. At the time, the prices in Seattle were high and that was really important to us. Here in the St. Louis area you could buy twice the house for the same price and we had two small kids etc... I'll tell you what though... Today, if we were looking to re-locate, we'd be in Seattle. It's a great city and it's priced below value right now. Plus, it's like zero degrees here in St. Louis today :) That doesn't happen in Seattle, does it?
  3. Felipe Crook about 1 month later:
    It's nice to hear part of the country are coming out of this weird real estate market. Las Vegas is not out of the woods yet, but our prices have come down SO much that it just makes sense to invest right now. Resales are being sold at a cheaper price per sq ft then you can build them. Anyway, good luck with the new year. Felipe Crook Prudential.

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