In our famously introverted city — home of the notorious “Seattle freeze” — the following statistic may not come as much of a shock: The majority of Seattle apartments — 51 percent according to the most recent census data — are occupied by a person living alone. This is unusual. Among the 100 largest U.S. cities, only Atlanta has…More
Topic: real estate
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Capitol Hill is so five-years-ago. Ballard? Over. No, the skinny-jeans crowd has moved on to…Bellevue.
That’s if we’re to believe the real-estate data firm RealtyTrac, which placed Bellevue’s 98007 — home to Bellevue College — among the top-10 up-and-coming hipster ZIP codes in the U.S.
The data crunchers at RealtyTrac went looking for nascent hipster neighborhoods in order to identify the best areas for real-estate investment. Apparently, hipsters are great for property values: “Thanks to an influx of trendy restaurants, bars, coffee shops and other amenities,” RealtyTrac’s news release says, “a neighborhood branded as hipster is likely to see property values and rental rates rise while vacancies and foreclosures decline.”More
Multiple offers, bidding wars, waived inspections–this is the reality for many house hunters in Seattle’s hot real-estate market.
With the King County median home price now at $420,000–a 12 percent jump in the past year–the American dream of home ownership may seem increasingly out of reach for middle-class folks in the Seattle area.
But it could be worse.
A new study by real-estate information company Trulia reveals that, contrary to what you might think, Seattle falls outside the 20 most unaffordable markets for middle-class homebuyers.More
Move over, Amazonians. There’s a new group in town staking claim to Seattle’s trendiest neighborhoods — and they’re the same age as your parents.
Welcome the baby boomers.
According to the Wall Street Journal, in Seattle and a few other cities, realtors and developers have noticed a new trend: There’s been an uptick in boomer-age folks buying high-end condos in hip, urban neighborhoods — areas typically populated by a much younger demographic.
But the boomers want in.More