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Good news!!! If you are a homeowner in the Seattle - Tacoma area, the Seattle real estate market was awarded the #1 city most likely to rebound.

In a recent article from Forbes.com, "Real Estate Markets Most Likely to Rebound," they cited a survey of real estate professionals including, private developers, real estate agents, and real estate investment executives identifying Seattle as the top city to have the best chance for a speedy recovery.  The survey was completed by The Urban Land Institute.

The article writes:

Seattle is "a diversified market, has a good base of business and is becoming a 24-hour city," says Stephen Blank, senior resident fellow, finance, at the Urban Land Institute. "It's going to be in a good position to come back."  

These traits landed Seattle the NO. 1 spot on the list.

According to the survey, the 5 cities most likely to rebound:

  1. Seattle
  2. San Francisco
  3. Washington D.C.
  4. New York
  5. Los Angeles

Positive news for owners of King County Real Estate and Pierce County Real Estate.  Another good read is, Is the Washington State Real Estate Market Tide Turning?

Read the complete article,  http://www.forbes.com/2008/10/29/foreclosure-recession-cities-forbeslife-cx_dp_1029realestate.html

 

------------------- Additional Featured Articles -----------------

Is the Washington State Real Estate Market Tide Turning?

Home Buyers CAN Find Loans - The Right News!

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The Trey Affolter Team always welcomes comments and is available to answer questions about Tacoma Real Estate and the surrounding cities within Pierce County Real Estate, South King County Real Estate, and North Thurston County Real Estate. 

253-222-6000

http://www.TreySellsHouses.com

Posted by Trey Affolter on November 23rd, 2008 10:11 AMPost a Comment (0)
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