Dec 11
‘What’s Up? Nothin’ But the Rent.’ No news to Seattle renters, but Seattle is officially one of the most expensive cities to rent a home… tenth in the country behind San Franciso. Seattlites need to make the equivalent of $44/hour to afford a median rent. San Francisicans need to earn a minimum of $79/hour. Renting …
Nov 22
Housing cost burdens fell for the third consecutive year*. Last year, 39.6 million households spent more than 30% of their income on housing, which is a decrease from 40.9 million in 2012 and down from the peak of 42.7 million in 2010. However, while housing cost burdens are dropping among home owners, they continue to …
Mar 22
According to a Seattle Times article dated September 2013, apartment rents in the Seattle area rose faster in the past year than in any of the 81 other major U.S. metros tracked by a leading property-research firm. For all of 2013, area rents rose 6.5%. Rents dipped by $5 in the fourth quarter of 2013, …
Mar 03
Is renting or buying cheaper in Seattle? The Trulia Winter 2014 Rent vs. Buy Report tells us that the savings gap between renting and buying is narrowing across the U.S. Still, on average home ownership is still 38% cheaper than renting, ranging from 66% cheaper in Detroit to 5% in Honolulu. Question to think about: …
Oct 23
Seattle area rents up 6% in one year Apartment rents in the Seattle area rose faster in the past year than in any of the 81 other major U.S. metros tracked by a leading property-research firm. New York-based Reis reports the average asking rent in the Seattle area climbed 6% in the past 12 months, outpacing …
Sep 05
Low housing inventory, a growing population of young tech-company workers and changing attitudes about when to buy a home are all contributing to rent increases throughout the Seattle metro area. Even after hundreds of new units opened up in Seattle this year, demand and rent prices have continued to move up and show no signs of …
May 21
?Buy or rent? Every potential home buyer has to stop for at least a moment and consider this question. Let’s look at one of the many financial reasons to buy instead of rent: the housing expense moving forward. Which is better financially? According to the latest Existing Home Sales Report from the National Association of Realtors, the median sales …
Mar 26
Wow! Did you realize that today’s mortgage rates and home prices combine to make it 42% cheaper to buy a home in the Seattle area than to rent? Big difference, eh? Nationwide it’s 44% cheaper to buy than to rent… but this picture will be changing according to Trulia. Check Trulia’s infographics to see where …
Dec 04
It’s more affordable to buy a home than to rent in the 100 largest metros in the nation. That’s the case if you plan to stay in the home for seven years, which is the average time Americans traditionally live in a home before moving. The findings come from real estate data provider Trulia, which conducted a …
Nov 24
Americans continue to show growing confidence in home price increases over the next 12 months, providing further indications of a slow but steady housing recovery, according to results from Fannie Mae’s October 2012 National Housing Survey. Taken together with rental price expectations, which surged in October, more consumers may be motivated to purchase a home …
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
