Greenbook: A Local Guide to Chesapeake Living - Issue 6 | Page 42

returns on residential
properties were 9% or higher. “With
the aggressive growth of companies like Amazon, and the arrival of
several Silicon Valley newcomers
like Facebook,
Twitter, Google, and Apple, Seattle
is becoming an increasingly
popular spot for Millennials,”
says OB Jacobi, president of a
Seattle-based real estate company,
where Pierce County ranked as one
of the top 50 markets for renting
to Millennials and King County saw
a 34% jump in Millennials between
2007 and 2013—the 13th biggest
increase of the 516 counties
analyzed in the report. “Not only
do many of these Millennials have
stable employment, bu