Turns out that the Seattle Area is the target for a home builder from down under. Henley Properties one of Australia's largest home builder plans to build 500 homes in King, Snohomish & Pierce Counties.
"Local real-estate observers said Henley's arrival is a vote of confidence in the Seattle market, where new-home construction fell sharply during the recession and is just beginning to recover."
In a recent article by Seattle Times' Eric Pryne, it would appear the Australian builder Henley believes that the area is poised for a recovery. Peter Hayes the company's managing director is quoted as saying, "Henley is making a bet the region is poised for recovery,"
I was recently talking to a few Australian's about their economy and they reflected that there economy is in good shape. They were in town to work with a software company. The one observation they did make was that the area(Seattle) seemed to be in good shape. I would say boom, but poised for recovery sounds nice. Either way...enjoy the video :)
Posted by: |