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Seattle,
Washington
The
Pacific Northwest has seen the rise of the Microsoft
Corportation and other hi-tech and bio-tech industries
in the "Silicon Valley of the North." Its strong economy
and the increased demand for local
real estate has made its property a good investment.
Starbucks Corporation has added to the cultural definition
of the area with its quality coffee.
Opportunities
abound here, from employment, to recreation, to the
offerings of the surrounding environs. Regional Fortune
1000 firms include aerospace giant Boeing, retailer
Nordstrom, as well as Costco, Weyerhaeuser, US West
Communications, and Fred Meyer Inc. More and more corporations
are calling our backyard home.
Seattle
Area Market Data
- Unemployment
in King County: 3.1%
- New
office space construction (2000): 5.33 million s.f.
- Vacancy
rate for office space 4.58%
- Vacancy
rate for apartments: 3.9%
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Average Home Value: $188,911
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Average Rent: $949
- Median
Household Income: $59,000
- Population:
536,600
- Property
Tax: $12.31/$1,000 assessed valuation
- Sales
Tax: 8.6%
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