Let’s visit PALM SPRINGS with Realtor and Principal to Team LANGE BLEA, Marc Lange! Marc is a 17-year real estate veteran and Top Producing Agent in the Coachella Valley, a favorite destination for Pacific Northwesterners. He co-leads a skilled team that has represented no fewer than 84 transaction in the last 12-months. Marc’s 15-year hospitality background is well-evidenced by a 4.9 client rating across an astonishing 185 Zillow reviews! If you’re thinking about a second home in Palm Springs or perhaps relocating and spending summers back in Seattle, Marc is definitely someone you should schedule some time with and it would be our pleasure to introduce you. Continue reading…
Where Next: Insights from our Broker Network
HAWAII! Andrea Healey is an Associate Broker at Oceanfront SIR, serving Greater Kauai. Caring, meticulous, goal-oriented, and outgoing, Andrea has made the most of island life and developed strong relationships across the community.
Nearly 22% of Seattle’s Renters are Qualified Buyers
MARC STILES REPORTED IN A RECENT PUGET SOUND BUSINESS JOURNAL FEATURE THAT “MORE THAN A FIFTH OF RENTERS IN SEATTLE COULD AFFORD TO BUY HOUSES,” A FACT THAT IS CONTRIBUTING TO THE SEEMINGLY EVER-RISING COST TO RENT IN SEATTLE.
Seattle’s rent is currently growing faster than any other city in the U.S., this according to the Seattle Times as June 2015 vs. June 2016 rent comparisons revealed a staggering 9.7% increase. What’s more, “rents are soaring so fast that June’s 1.1 percent monthly price gain in the Seattle area beat out the growth that Chicago and Washington, D.C., have seen in an entire year.”
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Puget Sound Business Journal Says Nearly 22% of Seattle’s Renters are Qualified Homebuyers
Marc Stiles reported in a recent Puget Sound Business Journal feature that “More than a fifth of renters in Seattle could afford to buy houses,” a fact that is contributing to the seemingly ever-rising cost to rent in Seattle.
Seattle’s rent is currently growing faster than any other city in the U.S., this according to the Seattle Times as June 2015 vs. June 2016 rent comparisons revealed a staggering 9.7% increase. What’s more, “rents are soaring so fast that June’s 1.1 percent monthly price gain in the Seattle area beat out the growth that Chicago and Washington, D.C., have seen in an entire year.”
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Seattle Rentals Show Largest Increase in Nation
A Zillow report released on July 22 shows Seattle rents rising faster than in any other U.S. city, increasing 9.7% from June 2015 to June 2016. Average monthly costs have risen nearly $500 over the last four years and have now exceeded the $2,000 mark for the first time in Seattle’s history. Although there has been nearly constant construction adding thousands of new units, the rental market continues to grow undeterred. In 2011, Seattle’s rent was about $300 more than the U.S. average; now, in 2016, it has more than doubled to $620 above the U.S. average.
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