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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: Charles2185 who wrote (2261)	5/23/2014 8:57:47 PM
From: tejek	Respond to of 2722

I am inclined to agree. Certainly, on a national level, the housing market is not in a bubble. Certain markets like Boston, New York, Seattle, etc are expensive. These major cities have gone and can go through several cycles without affecting the national market. Exactly. And in the case of Boston and Seattle, their employment growth is ranging somewhere between 2-3% YOY........strong growth that is fueling the housing markets in those cities.

To: Charles2185 who wrote (2261)	5/24/2014 12:09:41 AM
From: Smart_Asset	1 Recommendation Recommended By Jurgis Bekepuris Read Replies (1) \| Respond to of 2722

Seattle proper's robust real estate market is primarily the product of tech expansion. Amazon's new hire orientations are ongoing with each session having 200+ new hires. We manage properties in the metro area and are amazed at the number of millennials arriving in the city to work for Amazon and any number of other tech companies. Public open houses on listed properties are a parade of computer science graduates, IT professionals and coders. IMO a substantial stock market correction that included the tech giants would have a domino effect on the real estate market here.