Australian Builder Plans 500 Homes in the Seattle Real Estate Housing Market

One of Australia’s largest homebuilders is jumping into the Seattle market.

Henley Properties said Monday it plans to build 500 houses in King, Snohomish and Pierce counties by the end of 2012. That would make it one of the area’s largest builders.

This is the firm’s first U.S. venture. “Henley is making a bet the region is poised for recovery,” said Peter Hayes, the company’s managing director.

Many more builders are coming into Seattle, WA with confidence in the Seattle Market.
The announcement is encouraging to most as we still work our way through recovery.
Their are plenty of buyers out their and the demand is high right now. This is a great time for real estate.

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