In 2011, the rate of urban population growth across the United States, outpaced the growth within suburbs for the first time in nearly a century! The reason why? Cities like Seattle, WA are increasingly becoming more “livable!”

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Recognized by WalletHub as number one in the nation for their lucrative job market and second highest for participation in physical activities, Seattle promises Millennials abundant employment opportunities paired with an active, lively, and “foodie” centric city to reside and thrive!

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The nation’s leading job market, largely driven by the technology sector, is promoting the city’s healthy economy and has a direct correlation to recently being recognized as the country’s hottest real estate market. According to Auction.com, “prices jumped 4.4 percent over the last quarter and 10.9 percent year-over-year. Meanwhile, home sales are up 12.6 percent from a year ago, but remain below their prior peak, which leaves room for additional growth. Yet, despite strong demand, single-family homes remain affordable and in-line with apartment affordability.”

With a reasonably affordable real estate market and stimulated economy, all signs point to its being a great time for Millennials to become home owners. In order to demonstrate the perfect home for a young professional, we enlisted the help of Colin Foote, with Realogics Sothebys International Realty, who has a knack for finding the perfect home anywhere in the city. Check out the views this condo offers!

1017 Minor Ave #1002

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Price: $450,000

Bed/ Bath: 2/1

Total Square Feet: 1,186

Est. Taxes: $4,057

HOA: $711/ mo

Millennial Neighborhood: Capitol Hill

Colin’s Professional Insight:

 This condo is perfect for millennials because within walkable blocks you can find:

·         The most vibrant Seattle nightlife hot spot (Broadway and Pike)

·         Streets lined with unique restaurants, some of the best in Seattle

·         Downtown central business district and shopping

·         Ample major employment opportunities, predominantly medical

·         Nearby Seattle University campus and Seattle Central, or a quick bike ride to University of Washington

·         Ample public transportation options

·         A friendly pickup soccer, Frisbee, kickball game day or night at Cal Anderson Park

·         Annual block parties, parades, and other community events

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The condo itself is in the historic-deco Gainsborough building, originally built in 1930 to serve as high class apartments for the wealthy that were downsizing from their historic nearby mansions (some still remain.)

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For more information, contact Colin at: colin.foote@rsir.com