This month has already shaped up to be a great month for real estate in the Pacific Northwest. On the Eastside alone, we've already had a significant amount of activity and new listings. Buyers are on the move to the Eastside, especially Bellevue.
What's even more exciting is that the whole Seattle area is expected to see significant growth this year!
REALTORMag and Forbes have listed their 10 Cities Expected to Bloom this year and Seattle made the list at number five. They analyzed the 100 most populated metro areas and ranked them on six metrics including estimated population increases, job growth, economic growth, and the median annual pay for college-educated workers.
Here's where Seattle fits into the list:
- Projected 2015 population growth rate: 1.3%
- Job growth rate: 3.56%
- Unemployment: 4.7%