According to a recent study by JLL, real estate investors are putting their money into cities with strong technological economies: GeekWire reports that the study “finds a correlation between the real estate investment dollars spent in a community and the strength of its innovation economy.”
Read MoreSeattle is a crucible of technological innovation. The intersection of computer/data science and biological/chemical sciences will lead to breakthrough in a number of industries, and the Emerald City will increasingly be known as a hub for these intersections of change. As we move into 2019, GeekWire polled six venture capitalists from the Pacific Northwest to offer their insight on what to expect in tech for 2019.
Read MoreI was recently holding an open house when a curious neighbor came into the home to check out the new improvements and ask about current market conditions. After showing her the home and added value/improvements made by the seller—and asking her to tell everyone she knew—I briefly explained that we are going through a market correction, which began in mid-May (like a light switch on May 10th), and touched on the probable causes. I went on to say that current market conditions seem to have stabilized: generally, sales have increased and inventory began decreasing around mid-October (I saw it October 18th). I summed it up quickly with, “I believe it’s a great time to buy.” She looked at me and said “yeah, but what would you say to your friend or a family member. How would you advise them?” I shrugged and smiled as I replied, “I just did.”
Read MoreA recent article published by The Registry reveals that Seattle has now tied with New York as the third most popular market for investment properties, behind only Dallas/Fort Worth and Los Angeles/Southern California, according to the 2018 CBRE Americas Investor Intentions Survey. Nearly half of all investors surveyed indicate they’ll increase their level of acquisitions in the U.S. in the coming year, with 88 percent planning “to either maintain or increase spending,” a number up from last year’s 83 percent.
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