Seattle Emerges as Third Most Popular U.S. City for Real Estate Investment

A 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.

Government & LegislationAaron FreemanDecember 21, 2017Tax Reform, IPX 1031, Real Estate, Homeownership, Real Estate RoundtableComment

Record $5 Billion in Downtown Construction Currently Underway

The Seattle skyline will continue to be filled with cranes for a bit longer. Recently published in GeekWire, “A new report from the Downtown Seattle Association says the city is in the midst of a record $5 billion in current construction activity downtown.” The builders are rushing to meet demands of new residents (more than 1,000 a week) and businesses moving into the city. According to the 2017 Mid-Year Development Guide, residential work represents two-thirds of all projects underway and have 30,000 units under construction or in development.