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Updated over 4 years ago on . Most recent reply

Bruce Lynn's profile image
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Bruce Lynn
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Bruce Lynn's profile image
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Bruce Lynn
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Bruce Lynn#2 Real Estate Agent Contributor
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General Landlording & Rental Properties

Landlords quitting Washington State

Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Posted

Washington state is on track to see a 38% increase in rental homes being sold in 2021 compared with 2020. New statutes being levied on the home-rental market and the ongoing eviction moratorium are cited by industry observers as reasons why investors are selling.

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Nathan Gesner
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ModeratorReplied

I believe a large percentage of this is due to state regulation and the eviction moratorium, but a lot of it is also due to high sales prices and Landlords that just want to cash out.

Time will tell.

  • Nathan Gesner
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