The real estate market in the Pacific Northwest is gaining momentum. A part of the US known for its natural beauty is attracting people from around the world. This is mostly visible in Washington’s second largest city Spokane. Although it started to pick up this worldwide craze slower than some other cites in the region, Spokane has more than made up for lost time. With calculated moves which made it’s real estate market blossom more than anyone has anticipated, with promises to grow even more in its future.
Here are the four reasons Spokane’s real estate market is attracting more investors.
1. The quality of life
There are no other regions in the US that even came close to the quality of life enjoyed by the people living in the Pacific Northwest. This is mostly apparent in the state of Washington with its rich history, balanced economy, good business opportunities, and good schools. The city of Spokane has all of this in abundance. It’s a beautiful place to raise a family, filled with small city charm, but by no means a small city. And it still comes at surprisingly attractive prices. The desire people have to live here is attracting more and more investors toward investing into Spokane’s real estate market.
2. Active life
Lets not forget charm aside Spokane WA is a big city. And like all big cities it has an active life. This has always been appealing to many people, and for this reason, Spokane’s real estate market has always existed, but with this new rental market bum, and building craze the city is only going to get bigger which is going to make investing into the real estate market seem more of a sure thing. Thus drawing in more and more investors.
3. The opening of a new medical school
Western Washington State University has confirmed that it will be hosting a new public medical school in Spokane Washington. This is certain to bring in both students and professionals in large numbers. Which makes future investing into Spokane’s real estate market even more certain.
4. Its convenient
Certain real estate marketing agencies from Spokane WA such as Guenther Management have made investing in the real estate as simple as possible. That which one required tremendous amounts of work is now a breeze. They find the place, fix it up (even the labor is cheaper), screen the possible tenants and rent it out. This level of comfort makes people want to invest.