Bellevue, Washington is a suburb of Seattle best known for being in driving distance to the home of Microsoft, Redmond. It is thus another Pacific Northwest city where the property market is propelled by high tech. But is Bellevue a good place to invest in real estate? Let’s learn more about Bellevue before we list the factors that determine whether or not you should consider to invest in the Bellevue housing market.
Bellevue’s real estate prices have skyrocketed in the last several years. The skyrocketing appreciation stalled out in 2018 and the market remained neutral in the whole of 2019. Bellevue is currently a balanced real estate market. Home prices are likely to remain stable, or grow at a steady pace in 2020.