Recent changes in the apartment market are the most profound in the last 24 months.
I invite you to watch the below video as I delve into the most recent trends and developments within the Pacific Northwest.
Key Insights:
- Market Dynamics: Notable rent growth is positioning the region as a leader on the West Coast, surpassing that of both Northern and Southern California.
- Investor Sentiment: Resurgence of investor demand is positively impacting property values, resulting in cap rate compression.
- Future Projections: Rent growth is on the horizon in 2025, and anticipated reduction in new apartment deliveries may intensify these trends.
Additionally, I am honored to announce my role as a keynote speaker at the upcoming Washington Apartment Outlook on August 15th. To attend, register here: https://www.wmfha.org/events/wao-2024
(WATCH VIDEO BELOW)
To discuss our latest listings, your building(s), and what I am seeing in the market, please give me a call.
Wishing you a great summer,
Dylan
206.414.8575
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