Many people were discussing Seattle’s long term economic prospects on my recent market update thread (check out the lively comments at the end of the post). Given the interest in debating if Seattle is a bubble or if there are real underlying drivers for the long-term property market here, I thought SCR readers might be interested in CNN‘s ranking of the top 30 metropolitan areas and their relative median home sale prices.
We should take it with a grain of salt but still some encouraging data points on reasons why some folks move to Seattle from California. (Thanks to Mike D. for helping me clarify this post!)
Check out some more criteria our lovely city was praised for.