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?
-
Seattle among top markets as U.S. home prices increase by double-digit percentages for the first time in years
Seattle maintained its No. 2 spot behind only Phoenix, where prices shot up 14.4%. Housing prices grew faster here than in San Diego, San Francisco and more than a dozen other major metro areas, ...
-
Seattle tops list for greatest share of homes in economically integrated neighborhoods
More than 50% of residential homes in Seattle in 2020 were in neighborhoods that had a roughly equal mix of affordable and high-end homes, according to a new study. The study, from Redfin, found ...
-
U.S. home prices rise 10.1% in December, fastest since 2014
U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from crowded urban areas to houses in the ...
-
Rental vacancy rate in Washington one of the lowest in the country: report
Washington had one of the lowest rental vacancy rates of all the states across the country, according to a new study. The rental vacancy rate in Washington in the fourth quarter of 2020 was 3.8%, down ...
-
Redfin puts Tacoma at No. 1 again for fastest-selling housing market in January
On Friday, real estate firm Redfin confirmed what most buyers already knew about Tacoma home sales. The market was the fastest-selling one in the country in January, according to Redfin’s analysis of ...
-
Townhomes are making Seattle more affordable, new study finds
A new Redfin report shows Seattle has become the most economically integrated city in the nation. That means that in Seattle more than anywhere else, bosses live near their lower-wage employees.
-
Millions of Tenants Behind on Rent, Small Landlords Struggling, Eviction Moratoriums Expiring Soon: Inside the Next Housing Crisis
State and national eviction moratoriums prevented de Laat from kicking Aldama out amid the COVID-19 pandemic. Yet her own financial situation wasn’t flush enough to float him indefinitely. After ...
-
Working remotely? Some cities, states will pay you to move in
Baltimore, Topeka and Tulsa are among the places paying up to $15,000 to lure remote workers to town. The states of Maine and Alaska also dangle incentives for new residents. The programs predate ...
-
Seattle suburb OKs camping ban it may not be able to enforce
An affluent Seattle-area community has approved an ordinance prohibiting camping on public property, a measure the city says will connect homeless people to shelters but that might ...
-
Half of Homes In Seattle and Washington, D.C. Are In Economically Integrated Neighborhoods--a Bigger Share Than Other Major U.S. Cities
Having a mix of affordable and high-end homes ... to expand housing supply and provide less expensive options for families who can't afford to buy single-family homes. The Seattle City Council ...
-
Toronto ranked among top 5 least affordable housing markets in the world
In a new report that will shock absolutely no one, Toronto has been ranked among the five most expensive cities for real estate in the entire ...