Washington

Test test testing this.

Thu
25
Jun
admin's picture

Apartment Rent Trends In Seattle

Can You Handle The TruthAbout Apartment Rents?

Thu
25
Jun
admin's picture

Seattle: The Good, The Bad and The Ugly

The overall housing market, locally in Washington state and nationally, continues its strong run after weathering the storm during the downturn market of the Great Recession years.
As bleak as those years were for apartment managers, owners and developers, the market is making up lost ground rapidly, assisted by improved job growth, robust in-migration, a movement from home ownership to renting by choice, and demographic forces of Millenials and Baby Boomers entering the rental market at a rapid pace.
New construction in the Puget Sound region is at historical levels, yet occupancies remain strong and rent growth remains higher than long term historical averages. Although many would have predicted a softening of the market due to high new construction, the trend for 2015 remains very positive. It would be predicted that 2016 and 2017 will see lower rent growth, higher vacancies and a return of concessions, as a result of all the new development in the pipeline.

Thu
25
Jun
admin's picture

Setting Rules to Create a Safe and Enjoyable Community Marijuana/Tobacco Housing

Smoke-free housing policies are on the rise in Washington. As a property owner or manager, you already have policies that protect your investments, like screening tenants and setting rules to create a safe and enjoyable community. If you haven’t implemented a no-smoking rule yet, chances are you know landlords who have. These rules prohibit smoking inside resident units and on patios and balconies, in common areas and within a certain distance of buildings. Smoke-free policies save money by lowering operating costs and insurance premiums, increase your property’s market value and protect your residents’ health.
If you’re thinking about implementing a new no-smoking rule, there are resources that can help. See the end of this article for more information.

Thu
25
Jun
admin's picture

Can You Handle the Truth About Apartment Rents? Apartment Rent Trends In Seattle

The average apartment rent in Seattle rose 8.3% in the past year. That’s a lot. No doubt about it. It beats inflation. It beats wage growth. So some in the media and special interest groups take to calling this a problem of skyrocketing rents, a crisis, an emergency. Is it really? Let’s take a look.
First, let me say this about that. That type of hyperbole is misleading at best. And it is dishonest at worst.
Next, that 8.3% rent increase compares rents last year with rents this year. That’s fine, except for one thing. Developers opened a lot of new apartments in the past year. And new units have more features and rent for more. So it is really an apples-to-oranges comparison.
So you should exclude the new units to make an apples-to-apples comparison. We did that, and found rents rose 7.5%. That’s still a lot, but at least this correction makes the data more meaningful and more honest.

Tue
23
Jun
admin's picture

Behind the Leasing Desk with Heather Blume: Sick and Tired

Behind the Leasing Desk with Heather Blume

Sick and Tired
Dear Heather,

Tue
23
Jun
admin's picture

On-Site (Seattle/Tacoma) Rental Housing Journal June 2015

On-site RHJ is the business journal for the Seattle / Tacoma multifamily and residential property management industry.

 
Fri
19
Jun
admin's picture

Dupre & Scott Video Report: DEMAND FUEL

DEMAND FUEL 9,400 people moved into the Puget Sound region every month, on average, over the past 12 months. That’s impressive. But the growth in in-migration has been slowing. In fact, it looks like it has flattened out so far this year. Okay, let’s take a more careful look at this trend.

Fri
12
Jun
admin's picture

Dupre & Scott Video Report :Can you handle the truth about apartment rents?

Can you handle the truth about apartment rents? The average apartment rent in Seattle rose 8.3% in the past year. That’s a lot. No doubt about it. It beats inflation. It beats wage growth. So some in the media and special interest groups take to calling this a problem of skyrocketing rents, a crisis, an emergency. Is it really? Let’s take a look.

Thu
04
Jun
admin's picture

Dupre & Scott Video Report: RIDING THE WAVE

Over the next 5 years developers plan to open 49,000 units. That’s a lot of new units, but we’ve seen it before. In fact, developers produced more new units back in the late 1980s. There is one thing we haven’t seen before though. Let’s take a look.

Fri
29
May
admin's picture

Dupre & Scott Video Report: KEEPING AFLOAT

We usually talk about sales trends region-wide in these videos. But just like not all boats maneuver the same way, not all submarkets behave the same. So this week we will take a look at some submarket sale trends.

Pages

Subscribe to RSS - Washington