Seattle's supercharged market for everything from skyscrapers to single-family houses is expected to keep booming next year, even with higher interest rates.
Metro Seattle ranks fourth nationally as the hottest market to watch for 2016, according to the influential Emerging Trends in Real Estate survey by the Urban Land Institute.
This marks a rise from No. 8 in last year’s report. Emerging Trends has proved to be a good barometer of Seattle’s real-estate prospects.
“The Seattle market has become so popular with domestic and global investors that in interviews it is not unusual for it to be added to the list of top six markets,” the report states.