An April 24th article in Wall Street Journal rates Seattle as a number one in strength of its real estate market. Houston is second and Dallas third.
These ratings are based on employment growth and loan payments overdue.
Seattle has a strong employment outlook and less than 3% loans overdue.
Houston has a very strong employment outlook, but a 40% loan default rate.
Both Seattle still shows a 4% increase in home valuations and Houston has close to 10%.
There are still strong pockets of growth in this market. Do not wait and miss out. Prices are still increasing and mortgage rates are very low! In these markets, it is still a very good time to invest.
Read more about this at
www.squidoo.com/hotrealestateseattle
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Wall Street Journal Rates STRONG Seattle Real Estate Market « Weblog // April 29, 2008 at 5:22 pm
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