According to USA Today, Seattle is a great place to buy a second home. Having several clients who recently purchased second homes, this is great to hear!
How did they come to this conclusion? South Lake Union. According to the article, Paul Allen's redevelopment of the South Lake Union neighborhood has spurred many out-of-towners to take interest in investing in Seattle. Within his 60 acres (1/3 of the entire neighborhood) he has added office buildings, research facilities, hotels, condos, apartments, stores and a 12 acre park on the shore of Lake Union. With this he has brought in major businesses like Amazon and the city has built a street car to connect SLU to Downtown. This type of infrastructure in a new urban core, in combination with Seattle's outdoor offerings and vibrant city activities and attractions, really entices investors of vacation homes to snag up an in-city pied-a-terre here.
Click here to read the article.
Source: USA Today
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