Seattle is now one of the top two tech markets in the nation, according to a new report from real estate services company CBRE, behind only San Francisco, thanks to booming homegrown companies and a vast roster of out-of-town companies setting up shop here to recruit the city’s highly educated talent base.

CBRE’s annual Scoring Tech Talent report uses 13 metrics like number of tech employees, population trends, wages, education levels, housing and business costs to rank the top metro areas for tech. Seattle came in third last year behind San Francisco and Washington, D.C.

“With the number of projects and moves on the horizon and a clear desire from both tech workers and corporations that are either willing to move or expand here, Seattle continues to be a desirable market for technology companies nationwide, driven by both the jobs that are being created in the market and the strong talent base coming out of the region,” said Matt Walters, first vice president with CBRE’s Technology and Media Practice Group in Seattle.

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