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Look to the rentals!

Affordability in Seattle is becoming more and more of an issue for potential home owners. Thus making a rental market in Seattle more attractive. For the 11th month in a row Seattle topped the nation in housing price increases. In fact, in July, Seattle housing prices grew at 2x the national average. With housing prices continuing their skyrocketing pace, it is scaring the potential home buyer and pushing these buyers towards renting. You can read more about this phenomenon on Fortune.com.

For homeowners, the time has never been better to getting your house on the market to take advantage of the growing demand for rentals. You'll find a huge market of potential renters who are more than qualified and willing to rent your place.

Besides the Seattle area, Portland is #2. However, the market in Portland is showing some signs of cooling, while the market in Seattle is still going hot.

Reach out to our experts a Proper Rent to find out the best strategy for your rental home.


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