Get GUARANTEED RENT with Belong:
try.belonghome.com/biggerpockets

Seattle home prices are in a correction, falling seventeen percent since their peak in 2022. As a traditionally strong housing market with almost unbelievable appreciation potential, investors are starting to wonder whether or not now is the right time to get in on this high-priced real estate market. Between the high-paid tech salaries and abundant population, Seattle looks like a solid pick for a property market, but with more layoffs on the horizon, home prices are still shaky.

With the help of today’s sponsor, Belong, Dave Meyer takes a look at what makes the Seattle market so hot. Over the past decade, Seattle has seen appreciation unmatched by most metros across the United States. So, it’s too late to invest, right? Wrong! Even with high home prices, you can use creative investing methods to boost cash flow in this pricey market. Dave gives his top strategies for turning any Seattle property into a profitable real estate deal, EVEN with mortgage rates at what they are today.

~~~~
Get GUARANTEED RENT with Belong:
try.belonghome.com/biggerpockets
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
~~~~
Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
~~~~
Connect with Seattle Investors on the BiggerPockets Forums:
https://www.biggerpockets.com/forums/770?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Is Seattle A Good Market For Real Estate Investing? Here’s The Latest Trends:
https://www.biggerpockets.com/blog/seattle-rental-market?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
These 20 Housing Markets Are Cooling the Fastest, According to Redfin:
https://www.biggerpockets.com/blog/these-housing-markets-are-cooling-the-fastest?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Redfin Housing Data:
https://www.redfin.com/news/data-center/
~~~~
Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Follow Dave on Instagram:
@thedatadeli or https://www.instagram.com/thedatadeli/

00:00 The Seattle Housing Market
02:01 High Pay & Prices, LOW Cash Flow
03:02 Prices Crash by 17%
06:47 Seattle's Tech Could Get Hit Hard
08:59 New "Upzoning" Laws
10:27 Investor Opportunity