Here’s a follow-up to yesterday’s condo re-version story. Just in time for the condo conversion mania to switch directions, while supply and demand do that thing they do so well, here comes the State Legislature to “fix the problem.” Renters forced from their apartments to make way for condominiums would get more time to find…
Author: The Tim
Repartmenting Around Seattle
Looks like the repartment trend has picked up enough steam in Seattle to catch the attention of the press. Specifically, the Sunday Times yesterday featured an article titled “Re-apartments” blooming. The newest trend in the Seattle rental market is a “re-apartment” — an apartment that was converted to a condo and is now being converted…
Vote for Seattle Bubble?
Apparently Seattle Bubble is involved in some sort of contest over at Metroblogging Seattle. At the moment it looks like we’re getting trounced. [Update: Now we’re the ones doing the trouncing, thanks!] Maybe if you care about that sort of thing you could take a few seconds to go vote. Not that I have any…
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Property Values: Stalled; Property Taxes: Rising
The mythical “fixed payments” for home buyers takes another hit in 2008, as property taxes increase an average of 6.5% across the county. The average King County homeowner will pay about 6.5 percent more in property taxes in 2008, mostly because of voter-approved increases and creation of new taxing districts, Assessor Scott Noble reported Thursday….