Buyers are back!

Yes, it’s true. In our last several listings we’ve seen very strong competition and the sentiment of FOMAM (fear of making a mistake, aka investing too early in the recovery) is steadily shifting to FOMO (fear of missing out).

Additionally, I’m excited to share some key insights on the current state of the PNW economy and apartment market. This update delves into Seattle’s impressive ranking as a top global city (per Oxford Economics), a return of demand for urban office, and data suggesting that apartment sales volume and pricing has no where to go but up!

Articles:

1. Seattle’s economic strength helps propel it to No. 6 in new ranking of top 1,000 global cities
2. Boston and Seattle Saw Office Inventory Rise Most Over Past Year
3. U.S. Apartment Transactions Slump to Lowest Level Since Pandemic
4. https://simonandersonteam.com/market-reports/