Uncategorized March 23, 2013

Seattle trends eventually land on the beach….

This recent report from Puget Sound Business Journal's Jeanne Lang Jones speaks to the whiplash effect that rising residential prices has on lot demand. In King & Pierce County national developers have entered the scene in the past 3 years and purchased many of the "developed" lots but few new lot developments are underway and the the supply is a ticking clock. Prices for bare land have ratcheted up accordingly.

At the beach there is a strong supply of attractive lots and the prices make them even more so. Following the I-5 trend… now would be a great time to invest in a piece of property on the coast.  Review the story here CLICK