Seattle, Washington has had the fastest rising home prices in the United States in the past 2 years. Here we take a look at the reasons for such strong demand for Seattle homes and something very interesting has happened that we haven’t seen since 2007.
Links to articles referenced in the video:
Seattle Housing Bubble Blog: https://bit.ly/2xKQ0ox
Wolf Street home price charts: https://bit.ly/2JDAm3b
Seattle Historic population growth: https://bit.ly/2sCFScu
U.S. rental prices squeeze: http://fortune.com/2017/09/15/housing-market-prices/
Seattle tech company offices map: https://bit.ly/2LvaROq
Seattle home price growth surpasses previous housing bubble: https://bit.ly/2HrTuga
Please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Thank you for your support.
Thank you to all viewers and subscibers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone’s personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often “one man’s opinion” and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due dilligence prior to making any significant decisions regarding financial and investment matters.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to credit you for your photo, data, website, or documents.
More info on Seattle Housing Bubble? Are Homes Overpriced in This City?
-
‘Social housing’ is on the Seattle ballot, but what is it?
More than 100 years after Vienna, Austria, undertook a project to create long-lasting affordable housing for its residents, a similar model is on the February ballot in Seattle.
-
Seattle City Councilmembers not seeking reelection as they face threats: ‘It’s not safe for me or my family’
Several members of Seattle's city council are not seeking reelection, some of which stated the increase of threats against them and their families.
-
Seattle area’s priciest homes of 2022 stand out in a cooling market
While the Seattle-area housing market cooled in 2022 ... who listed two of the five most expensive homes that sold last year. “These deals are cash.” Foster listed a 9,450-square-foot ...
-
The story of Seattle’s homeless shelters that are without a home
One of the homes ... housing for Seattle’s poor, some advocates worry. Meanwhile, the people who should matter the most — the homeless — are clamoring for them. Advertising The city took ...
-
Where is Seattle's 'right size' housing 'in the right place, and at the right price': Today So Far
The Seattle area has heard similar messages for years: the cost of living is expensive ... housing needs by looking a little further ahead. What housing will help most, beyond single-family homes ...
-
Seattle voters to decide on 'social housing' proposal in upcoming election
If passed, the proposed ballot measure would create a "Seattle Social Housing Developer" to obtain ... "So that your city can function." Organizers explain the proposed funding mechanism here.
-
What does 2023 hold for the Seattle area housing market?
That has made it much more expensive to buy a home, and a lot ... single-family zoning in the city of Seattle when there are people who desperately need affordable housing. So, do you think ...
-
What’s Ahead For Housing In 2023: Seattle Could Do It Right
is a warning for the Seattle City Council. Over the last several years, the Council has been on a regulatory spree on new housing, negatively affecting production. Now is the time for the City to ...
-
A Seattle woman can’t build affordable housing on her property without first paying the city $77,000. Now she’s suing.
Anita Adams’ ambition sounds simple enough: the Seattle ... housing during the pandemic because they had to leave their college dorms, but they were pushed outside city limits when Adams’ home ...