Pledging a "commitment to do our part to help kick-start new solutions to this [housing] crisis," Microsoft president Brad Smith and CFO Amy Hood announced a three-pronged $500 million workforce housing fund to boost affordable housing in the Seattle area.
Writing in a blog post, Smith and Hood emphasized affordable housing solutions require a multifaceted and sustained effort by the entire region but said the Eastside suburbs would be the primary focus of the initiative.
In their announcement, the Microsoft executives acknowledged the gap between job growth and housing production. While jobs in the region have grown 21 percent since 2011, housing construction has lagged at 13 percent. (One countywide report estimates the county needs
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Open the front door & you will certainly fall in love with this Buchan show-stopper! Inviting foyer w/ a romantic staircase, soaring ceilings & gleaming hardwoods. Elegant living & dining room combo w/ wainscoting, decorative woodwork & a gas fireplace. The chef of the house will certainly love the kitchen with trendy bistro lights, a tile backsplash & a high-end cooktop & double oven. The family room is a perfect room for relaxing w/ friends or for hosting large gatherings. Elegant front staircase leads to the bedrooms & a 2nd staircase leads to an over the top media room complete with theatre chairs, a projector & a 92-inch top of the line screen- what a great spot to watch your
According to a 2017 analysis by the U.S. Bureau of Labor Statistics, STEM jobs grew at double the rate of non-STEM jobs between 2009 and 2015. STEM jobs are growing everywhere, but where are the hotspots, and where should you work in the field? WalletHub released a ranking of the best cities for STEM jobs, determined by a set of 20 key metrics assigned points that were evenly distributed into three categories: professional opportunities, STEM-friendliness and quality of life. Seattle topped the list for professional opportunities, which included metrics like job openings and employment growth. Also included in the ranking was STEM-friendliness, like qualities of engineering schools and math scores. And quality of life, which included
Pet owners have special challenges when selling their home. Eliminating bad odors from your home is a must at the top of your to do list. Make sure you remove any smells before putting your house on the market. If you aren't sure, seek outside opinions.
The very first days on the market are crucial for a home because it gets maximum exposure as a new listing. The smell is usually the first thing that sets the tone. It's the buyer's very 1st impression that sets a tone for the entire experience they have throughout the home. If there is an odor, it will instantly give a negative impression. It can shift the focal point in the wrong direction. No matter how beautiful a home is, or how well it's presented, it is a deal
Spruce It Up! Before you put your house on the market, consider a fresh paint job that will increase your home’s value. Like the hues you choose for indoors, exterior house colors should be ones you love coming home to day after day. That being said, if you're planning to put your house on the market in the near future, the wise course is to consider which exterior paint color.
"The color you paint your home's exterior can make or break people's perception of your house," says Erika Woelfel, director of color marketing for Behr Paints. Several colors come together to create this traditional look: A lighter shade of paint adorns the brick facade, while a cream-colored entryway and
KIRKLAND, Washington (February 7, 2019) – Homebuyers around Washington state are making their way back to the market, hoping to take advantage of improving inventory, attractive interest rates, and more approachable sellers, according to officials with Northwest Multiple Listing Service.
Northwest MLS statistics for January show year-over-year improvement in the volume of new listings and total inventory, along with moderating selling prices. Although fewer pending sales (mutually accepted offers) were reported than a year ago (down about 3.3 percent), January was the smallest yearover- year decline since May 2018 when the drop was about 2.7 percent.
Commenting on the MLS statistics summarizing last month’s activity, broker Gary O’Leyar said January’s
Although consumer confidence seemed low in January with only 15 closed sales in Snoqualmie, and 20 in North Bend in what I feel is mainly due to the government shutdown; the market looking strong for sellers and buyers!
The Federal Open Market Committee (FOMC) voted to leave policy rates unchanged earlier this week during what was one of only eight regularly scheduled meeting the FOMC holds per year. Signaling that we may not see any further rate hikes this year.
Rates are still low by historical standards! Purchasing a home 10 or more years ago, chances are we were paying a much higher rate. Keep in mind we are still continuing trade talks with China and March 1st is the deadline for an agreement. However, with rates
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Brimming with an abundance of natural light, this beyond beautiful Buchan showcases fine quality & attention to detail throughout. Voluminous cathedral ceilings & gleaming hardwoods are just a few highlights of this home. Enjoy preparing meals in the fabulous kitchen with a large island. Curl up on the couch in the family room and read a book next to the gas fireplace. Retreat at the end of the day in the sumptuous master suite with a spa- inspired bathroom complete with a soaking tub & a large walk-in shower. 3 additional bedrooms, a full bath & a laundry room complete the upper level. Enjoy beautiful Spring evenings in the private & serene yard with mature landscaping & privacy
This is a very exciting time in the market right now with the extremes we have been experiencing in home appreciation, job growth, and relocating techies driving the market with their buying power. We are expected to experience an economic slowdown according to local and national economists. However, we are not expected to see a housing crash like before; and here's why:
As recently as May 2018 our market has seen a sharp right hand turn, and all of a sudden we are now the fastest decelerating market in the U.S. according to Case-Shiller Home Price Indices; and this after experience the #1 spot leading the nation last spring.
Seattle's booming tech industry drove the housing market into an unsustainable upward spike in home value appreciation
In today’s changing market, there’s more to a successful
closing than just getting the offer accepted. Make sure you have an
agent capable of guiding you from start to close!
Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help you get a sense of what's left to be done, here are 10 steps involved in closing the deal:
Draw up a purchase offer with detailed contingencies in place
Seller accepts the deal or counteroffers with contingencies and price changes of their own
Submit your deposit, also known as "earnest money"