I have been in the area for a year now and already spent approx 20k in rents in the past year. But not sure what to choose, should I move east or up north for bigger and better houses or should I get a condo nearby. Since I am single so I might end up renting it out eventually, don’t know how difficult it would be to rent it out if I end up buying too far. Ps: I am in the Microsoft Redmond main campus. TC-180k
With amazon also coming to the eastside, rent prices are going up even more.
IMHO get an apartment in Bellevue. Give the other rooms out for rent.
I'd buy a townhone near Judkins Park. In 2021 it'll have light rail to downtown and Bellevue, and in a few years that east Link extension will go to Redmond. Gives you lots of flexibility with employers and a commute that is unaffected by traffic.
keep renting
98033 is the top choice, you should be able to afford. It’s right in the middle of G, FB (Oculus and the future norther Bellevue campus) and MS HQ. 10 mins to Bellevue downtown, up to 30 mins to SLU in a rush hour. Best restaurants, Costco, WholeFoods, TraderJoes, etc. are 5-10 mins away. Don’t buy anywhere north of Totem lake, east of lake Sammamish or south of I-90 freeway (except Mercer island): you’ll hate the commute. Here’s a good example: https://www.redfin.com/WA/Kirkland/12716-NE-94th-Ct-98033/home/511402
Have your down payment ready to go and all of your financials. Always keep on looking. It’s hard to predict the market right now. There has been a dip, but it was so hot that was inevitable. The worst thing you can do if feel like you’re rushed and have to buy. I’m a big believer of finding a veteran realtor who has connections and knows the market well. I was looking for almost a year. Our realtor found an opportunity in the city. We had to put down an offer two days after seeing it. If we didn’t have our money in order, we wouldn’t have been able to get it.
Wait for a year, things will go down
This
Thanks. Yeah, that’s what everyone is saying so might as well. But still wanted to get some perspective on the right areas with better renting opportunities.