In the latest edition of Gateway Magazine, Golden Gate Sotheby’s International Realty turned to Realogics Sotheby’s International Realty broker Jay Kipp to lend his insight on Seattle’s “Silicon Forest,” and how it stacks up to the San Francisco market. The article outlines the impact of techies and savvy homebuyers, the city’s unprecedented growth, and Kipp names his favorite Seattle spots, from where to dine and shop, to Washington’s delectable wines and best getaways.
As Kipp writes, many are comparing Seattle to Manhattan, given its “landlocked existence, an established economic base, a vibrant cultural scene, and natural surroundings that make people want to be a part of it.” (61) It is also showing increasing similarity to Silicon Valley, as large urban campuses and sustained job growth in the tech industry means workers are “following the yellow brick road, so to speak,” to the “Silicon Forest.” A major draw to the Emerald City is its relative affordability compared to the Bay Area. “The impact of the tech boom is undeniable in the city’s well diversified economy with multiple corporations fostering a healthy level of competition and innovation,” (61) Kipp adds.
Read all of Kipp’s Seattle analysis in the full issue here.