trends Tag

Seattle's real estate market is on fire, and if you own rental properties you may have noticed that the Seattle rental market is moving just as quickly. According to the Seattle Times, "the greater Seattle real estate market — already the hottest in the country — somehow keeps picking up even more steam." What is the status of the current rental market, and how will this impact your choices as an owner of Seattle rentals?

Seattle may be the rainy city, but the future is bright when it comes to Seattle rentals. In the last few years, "more and more people are coming here as Seattle’s job base expands, and newbies are likely to rent," according to the Seattle Times. With few homes to buy and a lot of interest in the homes that are available, Seattle's rental market has been fierce, and rental prices have risen quickly. This has placed landlords in an excellent position. With predicted interest rate hikes, how will Seattle's rental market adjust?