August 17, 2010
seattle landscaping

With nationwide housing still on the decline, most potential homebuyers and real estate investors are asking what areas of the country represent the least risk.  While some areas like Central and Southern California, Las Vegas, Detroit, and parts of Florida have homes available at rock bottom prices, these areas might not bounce back for years to come.  In a study done by HomeSmartReports.com, an online service that measures collateral risk for real estate investors, areas like Seattle, Boston, Honolulu, and Albuquerque showed the least possible risk.  For those of us living in the Northwest, it’s great to hear that Seattle tops the list of safe areas for real estate.

Both the Seattle and Eastside real estate markets have shown stability despite the economic recession, thanks in part to a strong economy in the Seattle area and home with solid Seattle landscaping and other peripherals.  In addition, the Seattle area demonstrates the exact qualities that indicate an area of healthy economic activity.  Stability is indicated by employment, above-average wealth, and education.  In Seattle, a large portion of the population meets these qualities.  Homebuyers purchasing in Seattle and the Eastside can be confident that their home will retain its value.

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