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Uncategorized LA Fitness coming to Burien Another great reason to move to Burien, B-Town Blog reports: LA Fitness, which is planning on moving into the space formerly occupied by SAAR’s and Staples, has filed for permit applications for improvements on the property at 14905 4th Ave SW. According to a note in this month’s City Manager report (PDF file, p. 238), the proposed […]
Uncategorized Seattle home values up 15 percent. What is your home worth now? Home values across the country are up. In the Seattle metro area, property prices have increased by more than 15 percent from one year ago, based on figures from Zillow, an online real estate company, reports the Puget Sound Business Journal. The region’s median home value in July was $302,600, up 2.3 percent from June […]
Uncategorized Sky-high parking is on the rise Luxury apartment dwellers can now park their automobiles right next to their high-rise properties, whether they live on the first or thirtieth floor. Singapore will open Hamilton Scotts, a luxury condominium that touts a sky garage, in the summer of 2013. Similar high-rise projects complete with the latest in auto parking include luxury properties in […]
Blog Closing costs are down The average cost of closing on a mortgage has dropped by 7.4 percent over the past year, reports  CNN Money . Based on a recent survey conducted by Bankrate.com, a $200,000 mortgage with 20 percent down might cost a buyer $3754 in closing fees, or $300 less than one year ago.
Blog Today’s renters are older with kids Today’s renters are older and have children, and they want to rent homes, not apartments.
Blog Cities vs. suburbs Mortgage loan rates have fallen again.  CNN Money   reports that the 30-year mortgage dropped to 3.53% from 3.56% over one week ago, according to Freddie Mac’s weekly report. One year ago, the 30-year fixed rate was 4.52%.
Blog Real estate on the radio The Seattle metro area welcomes a new radio show to its airwaves. “Real Estate Radio Northwest,” co-hosted by Carolyn Frame and Nick Neal, premiered on Money Radio 1300 AM KKOL on May 5th and will air Saturdays from 2 – 3 p.m.
Blog Seattle beats Silicon Valley Seattle wins the top spot for long-term, broad-based technology growth, reports Forbes . Based on a ranking system developed by the Praxis Strategy Group, Forbes considered employment growth in two sectors — high-tech companies (software, data processing, Internet publishing) and industries connected to science, technology, engineering, and mathematics (STEM).  The numbers were tallied over the last two years as well as the past decade for the 51 largest metropolitan statistical areas in the U.S. Surprisingly, the Emerald City beat out Silicon Valley and the other 49 areas with these high notes: 12% tech job growth over the past two years 7.6% STEM growth over the past two years 43% increase in tech employment over the decade 17% expansion in STEM jobs over the decade The presence of tech-oriented companies like Microsoft, Amazon, and Boeing supports consistent growth in the Seattle, Tacoma, and Bellevue metro areas.  GeekWire credits Amazon for playing a large role in the recent expansion
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Blog How will Echo Boomers affect the housing market? Generation Y, the Millennials, and Echo Boomers refer to individuals between the ages of 17 and 31, and they are 62 million strong in the U.S. alone, reports the National Association of Realtors in a recent news release. Echo Boomers represent significant buying power, according to the 2011 NAR Profile of Home Buyers and Sellers.
Blog A picture is worth a thousand words Imagine driving by a house, snapping a photo of it with your iPhone, and then obtaining relevant data about the home and surrounding community. It’s possible with the HomeSnap app by Sawbuck. Walt Mossberg, personal technology columnist for the Wall Street Journal , reports on HomeSnap’s utility.
Blog Housing news for April Housing prices for King County in the month of April were strong, and inventory was down 37 percent from one year ago, reports  the Seattle Times   based on data released by the Northwest Multiple Listing Service. The median house price in King County went up to $360,000, which is 9 percent better than last month and about 3 percent higher than April 2011. Snohomish County’s median house price jumped to $255,502, which is almost 10 percent better than a year ago. A total of 741 homes were sold, 25 percent more than the number closed in April 2011.
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