I received this rental negotiation success story from a reader via email, and thought it was worth sharing: As a long time reader of your Seattle Bubble Blog, I knew that rents on their way down in King county. My Equity Residential owned apartment building in Redmond has experienced some huge increases in recent years,…
Tag: rent
Seattle Homes Still 10-20% Overpriced Compared to Rents and Incomes
Inspired by this post from Rich Toscano down in San Diego showing that home prices there have reached historically reasonable levels when compared to rents and incomes, I thought I would put together some similar charts for Seattle to see how close we are to reasonable home prices. Here’s the chart for home prices to…
Rental Supply Set to Skyrocket
Wasn’t it just a year ago that we were still being regaled with stories about how tight the housing supply was in the Seattle area, and how our population has been growing so fast that construction just couldn’t keep up, so of course high home prices and increasing rents are going to continue forever and…
To Buy or Rent – Not Just an Emotional Decision
Here’s an interesting piece that ran in the Seattle Times today: To rent or to buy? The story of two couples The decision to sell their house and go back to renting has meant more time and even more money for Jill and Dan Keto and their family. … “The point is, putting money into…
Weekend News Roundup
Here are a few local real estate stories to kick off this snowy Christmas week. Aubrey Cohen, Seattle P-I: It’s refi — not buy — in Seattle’s housing market Unusually low interest rates have spurred a run of mortgage refinancings in the Seattle area, but not necessarily more home purchases. … Andrew Gledhill, an associate…