How Will Seattle’s Real Estate Market Grow in 2017?

There are quite a lot of residents in Seattle looking for strong growth in 2017, and the city is poised to have a good year. This article explains how soaring credit ratings in a strong economy are fueling home buyers, and buyers must be aware of how the market will grow. There are three main factors everyone must be aware of, and each one plays a large part in the way the city will grow in 2017.

#1: The Market Is Growing Everywhere

New York has seen record prices for over a year now, and large cities around the country are growing in value steadily. Seattle is one of the largest media markets in the country, and it brings with it a large real estate market. The city will naturally grow with the rest of the country, and everyone in the city will benefit from growing values as they sell.

#2: Buyers Are Willing To Make Purchases

Checking credit ratings, credit repair services and proper financial management allow buyers to make offers on homes readily. They are walking the city with pre-approval letters that help with shopping, and sellers know their buyers are capable of purchasing the house. Prices remain steady as sellers spend little time on the market, and buyers do not lose money paying for a home they do not want.

Credit reporting allows everyone to move on from a home quickly, and they are no longer left with a significant chunk of money they cannot afford. Credit reports remain stable, and each new buyer or seller is allowed room to shop. Quick turnover in the market helps keep prices up, and buyers who move into an area quickly force prices to rise sharply.

#3: The Area Is Beautiful

Seattle is alluring in every way as it attracts buyers to the area every year with its amenities, mountain background and a large city in which to play. The University of Washington is in the city, and there is a large market for Pac-10 sports.

The Seahawks and Mariners bring quite a lot of business to city, and there is pride in the city for its sports teams that is no found elsewhere. Everyone moving to the city gets sucked into its sports culture, and the home of Starbucks is not far away. The technology industry lives just above the city, and Canada is not far away. There is everything a family may want within minutes of the city.

Everyone moving to Seattle may take advantage of a growing credit market that ensures buyers and sellers are ready to make sales. There is nothing stopping a new buyer, and a seller may find their own new home moments after the contract goes out.