It's no surprise that Seattle is a desirable city in this corner of the country. What's even more exciting is the promise of employment from our many tech companies and startups in the Seattle area-this is especially good news for college students who may be nearing graduation this year.
Obviously, with the promise of employment after graduation comes the increase in activity in the housing market. It's been said before that 2015 is the year of the millennial buyer, and that's absolutely true! Mortgage rates are at historically low levels and there are many lending options for low down payments to purchase homes. Rent payments in many cases are higher than mortgage payments, so purchasing a home is often the best option.
If you're a soon-to-be grad, or the parent or grandparent of one looking to support your grad as they establish their first home, make sure you keep cities like Redmond, Bellevue, and Kirkland in mind. These three cities (along with the other seven on Nerdwallet's list) have many jobs in the area, plenty of other millennials in the neighborhood, and higher payrolls to support living expenses.
Are you ready to buy a home and qualify for the VA loan? Let me help you out! As a local real estate broker in Bellevue, WA and a Veteran of foreign wars, I am committed to helping you find the home you deserve through the VA loan.