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How Seattle’s Growing Tech Community Has Driven a Need for Luxury Homes
Is Seattle one of the best-kept luxury real estate secrets in the United States? In our opinion, there’s no doubt whatsoever.
We believe it’s because the tech sector has seen the possibilities of remote work. After the COVID-19 pandemic arrived, it only highlighted how some fully-remote companies can get by without a direct connection to California. The result? Expansion to other states — with cities like Seattle reaping the benefit.
In our opinion, Seattle has become one of the top-growing names in luxury real estate. But why has that change happened, and how can people capitalize on those trends? We have some thoughts on what’s going on in our city — and where the trends will take us from here:
Why Seattle’s Unique Luxury Real Estate Market Appeals to New Buyers
In 1994, a man working at a New York Hedge fund quit his job and moved to Seattle. It was the classic tech startup story. He rented out a house and ran a business from the garage. And even though he was miles from Silicon Valley, his company would come to define Seattle — and even the American economy — for years to come.
The man was Jeff Bezos, and the company was Amazon.
Even in 1994, Seattle was a popular tech “alternative” to Silicon Valley. That status hasn’t changed. If…