Big Changes with Tacoma’s Tenant Protection Ordinance
The City of Tacoma has recently passed the Tacoma Tenant Protections Ordinance with adjustments that can have a huge impact on landlords and how they conduct their businesses moving forward. The City of Tacoma encountered public outcry after the Tiki apartment complex in Tacoma was sold to a developer in April. The apartment complex was known as an affordable rental […]
Investor Spotlight: Leka Devatha
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Investor Spotlight
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Washington Second Highest Incoming Migration in the U.S.
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Home prices rising fast, but gains could slow…
U.S. home prices are coming off the bottom faster than many expected. Market researcher CoreLogic says prices were up 4.6% in August from a year ago, the largest year-over-year gain in six years. The report parallels others showing recent strengthening in home prices, which are still down about 30% from their 2006 peak. Much of […]
New Report Says Buying is Cheaper than Renting in Seattle
Buying a home is way cheaper than renting in all 100 of the nation’s largest metropolitan areas, including Seattle, according to a new report. The average home ownership cost in the Seattle area is $978 a month, 42 percent lower than average rent, the real estate company Trulia reported. Nationwide, owning is 45 percent cheaper than renting. […]
Seattle Foreclosures Rising Faster than Nation
Foreclosures rose dramatically faster in the Seattle area than in the country as a whole in August, according to a new report. King County foreclosure filings in August were up 32.2 percent from July and 34.2 percent from August 2011, the foreclosure data firm RealtyTrac reported. The nationwide total rose just 0.8 percent from July and fell […]
Rental Rates Up Up Up…in Seattle!
As the weather cools down and summer vacations and weekends away come to an end, we approach one of the best seasons for investing in real estate. Now more than ever, it’s the ideal time to start looking at cash flow properties. We find many of our investors looking primarily for properties to flip. While […]
Warren Buffett Says: BUY BUY BUY!!!
Warren Buffet says Buy Buy Buy! In February 2012, Warren Buffett was featured on CNBC live and asked what his opinion of the real estate market was. His response? “If I had a way of buying a couple hundred thousand single-family homes I would load up on them. It’s also interesting to note that Warren […]
Newly Renovated Homes in King County Getting Multiple Offers Due to Low Inventory
“Buyers are screaming for more inventory and they’re being more aggressive with presenting offers on homes,” reported MLS director George Moorhead in Bothell. “Home shoppers perceive the bottom is nearing, he noted, “and both buyers and sellers want to catch the historically low interest rates.” “Close to the job centers, 45 percent of new listings […]
