Sep 12, 2014
For example, the median home price in Seattle cost the buyer roughly 22 percent of their income, according to a Zillow report taken in July. Renters on the other hand are spending up to 30 percent of their income on their rental. This trend is not exclusive to the Seattle area alone, as a large number of metropolitan areas in the country keep with this trend of rental affordability falling short of buying affordability.
Jul 14, 2014
Grow Community, an exceptionally sustainable residential development on Bainbridge Island that launched its first phase a few years ago that has since sold out. The modestly sized community consisted of nothing more than a sales office and 22 net zero energy model homes.
May 15, 2014
In recent weeks several large real estate investment firms have put large chunks of money toward apartments in Renton, the Puget Sound Business Journals reports. Several brokers have told the Journal that Renton is in fact a "pretty hot market" at the moment. Some factors they accredit this heat to are the increased production in the nearby Renton plant, as well as the escalating rent prices in Seattle's established suburbs.
Mar 03, 2014
With a highly competitive seller's market in the Seattle Metro area, homebuyers have had to get creative to find and secure homes. However, many home sellers that wish to move into a new home are also faced with similar challenges. For example, what do you do if you sell your home before you have secured another place of residence?
Mar 03, 2014
It may be chilly in Seattle right now, but there are a number of water-centric architecture projects in the works that city that will get you in the mood for summer. First up: a barge pool, which the city hopes to place on Elliott Bay within two to three years. This isn't the city's only attempt to improve the waterfront; it's estimated that around $1.07 billion dollars will be used to revamp the area.
The Puget Sound's stunning natural setting and the region's high quality of life contribute to the appeal of Seattle's real estate and housing market. The largest city in the Pacific Northwest, Seattle lies on a narrow strip of land between the salt waters of Puget Sound and the fresh waters of Lake Washington. There are the Olympic mountain ranges to the west and the Cascade mountains to the east.
Seattle offers exceptional arts, sports and entertainment amenities, an abundance of shops and restaurants and year-round outdoor recreational activities. Seattle real estate provides a wide range of housing options, including rental housing and properties to buy in Seattle's MLS system.
The 2010 Census tabulated the city of Seattle's population at 608,660, with a population in the Seattle Metropolitan Area of about 3.4 million. Seattle is frequently ranked among top U.S. cities in education levels — 53.6% of Seattle adults have a college degree — the number and quality of arts organizations and culture of innovation. In short, Seattle area is a great place to live.
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