Zillow has posted it’s new hottest housing markets list for 2016, and guess what? Seattle is #2 nationwide, right behind Denver. To make the list, Zillow uses home value appreciation, unemployment rates and income growth.
Based on their research, Seattle home prices will rise 5.4% this year (second only to Dallas-Fort Worth at 5.6%). Seattle’s income is projected to rise 1.1%.
Trendy tech centers hogged the spotlight for 2015. But this year, the markets that shine brightest will be those that manage to strike a good balance between strong income growth, low unemployment and solid home value appreciation.
Remember as well that I can always provide a more accurate value of your home than Zillow can. I am happy to let you know how to increase the value of your home as well.
Happily serving the community and answering your Real Estate needs!
Hello Fairwood and Renton community friends~
I came across something that may interest you: Thank you to fairwoodcommunitynews.com for reporting that Renton City leaders are proposing relocating the Renton Transit Center from downtown Renton to the former Sound Ford site at the corner of South Grady Way and Ranier Avenue South. The plan would include a large public parking garage with easy access to 1-405 and SR 167 for commuter buses.
This will take the majority of the buses out of downtown (YAY) and expand the Park & Ride on Grady Way (another YAY). You can find additional information at rentonwa.gov.
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Rosie Rourke, John L. Scott, 206.719.5870, Rosie@RosieRourke.com, www.RosieRourke.com