Bellingham Real Estate Blog » washington state real estate http://ryanmartinrealestate.com/blog Real Estate Blog for Bellingham Washington Mon, 29 Mar 2010 23:09:41 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 9 Economic Factors that Support an Upturn in the Washington State Real Estate Market http://ryanmartinrealestate.com/blog/2008/09/washington-state-market-update/ http://ryanmartinrealestate.com/blog/2008/09/washington-state-market-update/#comments Tue, 09 Sep 2008 19:39:58 +0000 admin http://ryanmartinrealestate.com/blog/?p=9 1.    The weak US dollar is positive for WA State because it makes exports cheaper and Washington State is the 3rd largest exporter in the US.
2.    Washington State is a strong business to business provider and will be the last hit and last to come out of a slowdown of the US economy. Microsoft is currently going gangbusters!
3.    Wage inflation is outpacing price inflation 7% to 5%.
4.    The weak US dollar is dramatically slowing employment outsourcing to India.
5.    Washington State has a negative net migration. (Positive population growth)
6.    Seattle has the lowest CAP rates on apartments in the US.
7.    Forbes “Seattle best location for real estate investment”
8.    Negative press in other areas of the country may become a self-fulfilling prophecy in Washington State.
9.    While the economy is really ugly in Miami, Arizona, Las Vegas and parts of South California Bellingham and Seattle are among the top 3.

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