Items Tagged with 'Seattle'

ARTICLES

  • Redfin: Number of homes selling above list price drops

    Only 23% of homes sold for more than asking
    In the four weeks ending on September 23, homes that sold above asking price dipped below 2016 levels, according to the latest data from Redfin. Redfin Senior Economist Taylor Marr the fact that fewer homes are selling above their asking price is another indication that competition is getting less intense than it has been in recent years.
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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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  • Monday Morning Cup of Coffee: Is the housing market finally slowing down?

    California fires continue to rage
    As we head into the hottest month of the year, is home price growth finally starting to cool down? It looks like it might. For the first time in almost four years, home prices posted three straight months of declines in annual appreciation. But as the housing market cools, California continues to heat up as wildfires sweep across the state, claiming yet more victims.
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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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  • Case-Shiller reports increase in home price growth

    Experts say rising home prices won’t stop anytime soon
    Home prices increased across the U.S. in February, picking up the pace in annual price gains. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007. And with expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.
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  • King County is king, and counting

    Seattle continues to lead in home price growth
    Seattle's rate of real estate appreciation has topped the national charts for more than a year and, based on the latest quarterly forecast from Veros Real Estate Solutions, will stay there for the next 12 months. Here is a breakdown on real estate growth in Washington's King County.
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  • New American Funding expands footprint in Seattle area

    Opens new branch in Bellevue, Washington
    New American Funding announced it is expanding its territory in the Seattle area with the grand opening of its new branch in Bellevue, Washington’s business district. The new location, located at 10400 NE 4th Street in Bellevue, will celebrate its grand opening with a ribbon-cutting ceremony on March 8.
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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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