Residential Property
Low-Income Housing Project, Preschool to Open in Lake City
This Friday, the northern Seattle neighborhood of Lake City will see the completion of a project seven years in the making: a lower-income housing complex on the former site of Fire Station 39 on 127th Street. Developed and managed by the Lower Income Housing Institute, the building contains 70 units of affordable housing as well […]
Posted in Residential Property
Solterra Announces Condos for Capitol Hill
Since 2016, Solterra have been preparing a site at 13th and Pike for development. Now, the developer has revealed that the new building will consist primarily of condominiums for purchase. While many apartments for rent in the area advertise as “condos,” this project will be the first true new condominiums in the neighborhood in over […]
Posted in Mixed Use Development, Residential Property
Housing App Partners with Four Major Developers
HomeShare, an online platform that matches would-be roomates, has just announced major partnerships with four of the nations largest apartment developers, including Equity Residential, Greystar, Sares-Regis and Fairfield Residential. The app is currently available in five of the country’s priciest real estate markets, serving Seattle, New York, Silicon Valley, San Francisco, and most recently Los Angeles. […]
Posted in Residential Property
Seattle City Council Places Temporary Ban on “Rent-Bidding” Platforms
It is no secret that in Seattle’s current housing market, space is at a premium, causing bidding wars particularly at lower price points. In other cities, start-ups such as Rentberry have produced applications that arguably magnify the bidding problem. Now the Seattle City Council has taken steps to make sure that such applications do not […]
Posted in Residential Property
City Council Member Proposes Tenant Relocation Ordinance
Last week, Seattle city council member Kshama Sawant announced proposed legislation that would force landlords to have to pay for tenant relocation after a pronounced rent increase. The city currently requires 30 days notification for a rent increase, or 60 days notification if the increase amounts to more than 10 percent in an annual period. Since […]
Rising Sea Levels Could Mean Trouble for Seattle-area Homes
A recent Zillow analysis indicates that due to projected sea level rise, nearly 1600 homes (about 0.85) in the city of Seattle will be flooded by the end of the century. The hardest hit area is likely to be West Seattle, which will loose nearly all of its waterfront. The Magnuson Park and Eastlake neighborhoods […]
Posted in Mixed Use Development, Regional, Residential Property, Seattle
South Seattle Community Prepares for Future Light Rail Expansion.
The Graham Street station in South Seattle is not expected to go online until 2031. But community organizers are already anticipating new development and evaluating the potential effects of gentrification in the area. In particular, SouthCore, a coalition of 24 organizations that was active in lobbying for the new station, is trying to start a […]
City Evacuates Unfinished Micro Apartments.
On Thursday, residents of the Cubix micro apartment complex on 95th St had to evacuate after a stop work order from the City of Seattle revealed that the building was never given a legal occupancy permit. Building inspectors stated that the 41-unit complex was never even inspected. The site included many hazardous unfinished areas such […]
Seattle Attorney’s Office Weighs in on Proposed Taxes on Foreign Buyers.
Taxing overseas buyers of vacant homes in order to cool the city’s housing market has been on the agenda for some Seattle politicians since British Columbia took similar measures in Vancouver last year. The issue is a key part of the platform of mayoral finalist Cary Moon. But the City Attorney’s Office recently declared both […]
Posted in Residential Property
Address of Bluth Model Home REVEALED: Arrested Development Real Estate Estimates
Many people would like to live in homes they see on TV, especially large, beautiful homes. The Bluth home in “Sudden Valley” is certainly big and beautiful, but as anyone who watches the show Arrested Development knows, things are not always as they seem. The Bluth model home is apparently “how not to build a […]
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