News of Amazon selecting a home for HQ2 has been taking news headlines across the country by storm. Last September the e-commerce giant announced they would be choosing a city in North America to build HQ2, a campus that would be equivalent to Seattle. Fast forward 14 months and they’ve finally made a decision.
After 21 consecutive months, Seattle’s reign of being the nation’s hottest housing market has come to an end. The newest Case-Shiller home price index, released August 28th, revealed Las Vegas outpaced Seattle by a fraction of a percentage point in June. So, what does this mean for the Emerald City?
It comes as no surprise that the tech industry is booming in Seattle. Many companies have chosen to call the area ‘home’ causing there to be a shortage in homes for sale.