Items Tagged with 'Seattle housing'

ARTICLES

  • Fight erupts in Seattle over law prohibiting landlords from checking tenants’ criminal history

    Court battle set over “Fair Chance Housing Act”
    There’s a legal fight brewing in Seattle that could have serious ramifications for the multifamily industry as a whole. The fight involves a newly enacted city law that forbids Seattle landlords from checking into the criminal history of their prospective tenants. Landlords have balked at the law and are now suing the city.
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  • Redfin expands home selling options in Seattle, will clean and stage home, too

    For an additional fee, of course
    Last year, Redfin rolled out a new service called "Redfin Concierge," where the online brokerage will "deep clean" and stage a home on a homeowner’s behalf to aid in the sale of the property, all for a 2% listing fee. The program originally launched in Los Angeles and Washington, D.C., before expanding into San Francisco in February of this year. And now, Redfin is bringing the enhanced listing program to its own backyard of Seattle.
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  • Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

    Buying 16 Class-B properties in Seattle, Portland, Los Angeles, and Denver
    With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.
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  • Direct homebuyer FlyHomes raises $17 million, plans expansion into mortgages

    Funding round led by prominent Silicon Valley venture capital firm Andreessen Horowitz
    There’s a growing player in the burgeoning direct homebuying segment that now boasts the backing of one of Silicon Valley’s top venture capital firms. Seattle-based FlyHomes recently announced that it raised $17 million in its Series A funding round, which was led by Andreessen Horowitz, which previously invested in Facebook, Airbnb, Foursquare, Skype, Twitter, and others.
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  • Seattle passes sweeping short-term rental laws, limits Airbnb hosts to two units

    Hosts must also be licensed by city
    Homeowners and landlords in Seattle who want to rent out their property via short-term rental services like Airbnb are about to have a whole new set of laws they have to comply with. Most notable among the new laws passed this week by the Seattle City Council is a new regulation that limits short-term rental hosts to only two units.
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