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The State of Washington is one of the most interesting places to invest in real estate right now. In this video, we are going to show you the 5 best places for acquiring a house for rent or living in 2021.
In recent years, the prices of properties in Washington are skyrocketing. This trend is likely to continue, at least in the next few years, because of the expected growth in job opportunities. That means now is the time to buy or rent!
Here are the 5 best places to invest in the WA State area.
Seattle is the largest city in both the state of Washington and the Pacific Northwest. With a booming population of 708,823, Seattle was the fastest-growing major city in the United States.
The city offers a fast paced environment with a unique and vibrant local culture. If you’re looking for the perfect place to call home in the pacific northwest, Seattle is the place you are looking for.
With a median value of $804,504 and an average rent of $1,988, Seattle takes the number one spot on our list!
Bellevue is located across Lake Washington from Seattle. It has been characterized as an edge city, a suburb, boomburb, or satellite city.
In 2014, Bellevue was ranked as the second-best place to live by USA Today.
With a median value of $1,056,617 and an average rent of $2,188, Bellevue occupies our second place ranking up as one of the best places to live in America.
Redmond, which is also in King County, is a trending place for technology professionals.
Several companies in the high-tech industry are based in Redmond. The largest employer in the city is Microsoft Corporation with over 40,000 employees.
With a great median value of $955,065 and a rent value of $2,052, Redmond occupies our third place as an equally great and affordable place to live or rent.
Kirkland is a suburb east of Seattle in King County, is the sixth largest city in the county, and the thirteenth largest in the state. It features great schools and a mix of suburban and urban areas.
With a median value of $858,872 and a value of rent of $2,023, Kirkland is positioned in fourth place.
Tacoma is a mid-sized urban port city and the county seat of Pierce County. It serves as the center of business activity for the South Sound region.
With a median value of $389,000 and a rent average of $1,402, we think Tacoma is an affordable place for living or renting in Washington.
Do you agree with our list? Now that you know the best places for investing in a house for owning or renting, are you ready for taking the next step?
At Sammamish Mortgage, we have professionals ready to help you decide what is best for you in the process of acquiring a new mortgage and setting foot on the path for buying your new home. It’s very simple – just go to SammamishMortgage.com and use our Advance Rate Quote tool.
Sammamish Mortgage, “Great Rates – Great Service, Making the Complex Simple.
2021 was once predicted to be the “year of the buyer” in Seattle’s housing market. Yet, with the ongoing pandemic, inventory remains low, this along with many other factors, point to a continued Seller’s market.
Are you thinking of buying a home in Washington state using a VA loan? Read on to find out more and to check out our loan limits tool.