Tuesday, June 27, 2017 / by Leneya Ludwick
Home values in Seattle continued their steady ascent in April, according to the latest Case-Shiller national home price report. Seattle’s residential real estate saw a 12.9 percent year-over-year price increase, making it the nation’s fastest-growing city for home prices for the eighth month in a row.
Seattle isn’t the only Northwest city with a red-hot housing market. Portland’s home prices are the second fastest-growing in the country, with year-over-year gains of 9.3 percent in April.
Both Seattle and Portland far outpaced national home value increases which saw an annual gain of 5.5 percent in April.
Seattle homebuyers can cross their fingers for a summer slowdown, but more recent data from Zillow suggests the rapid gains will continue. The real estate database (which also happens to be based in Seattle) released a report for May that showed home prices in Seattle proper increasing by 14.5 percent year-over-year. In the broader Seattle me ...
Monday, June 19, 2017 / by Leneya Ludwick
4 ways homebuyers can leap the down-payment hurdle
Originally published June 17, 2017 at 8:00 am
When working to save money for a down payment on a home, start soon, weigh your loan options, explore other funding options and consider using home equity.
The Associated Press
1. Start soon
Begin saving now. Renters may want to calculate what their extra monthly costs would be as a homeowner and then set aside that amount, minus rent and utilities. This accomplishes two goals: Saving money for a down payment and getting you accustomed to the financial constraints of living with the costs of homeownership.
Another strategy that may help: open a separate savings account just for your down payment. That will help lessen the temptation of using the funds for something else.
You’ll also have to set aside money for closing costs, which can run into the hundreds or thousands of dollars.
2. Weigh loan optio ...
Friday, May 26, 2017 / by Leneya Ludwick
SEATTLE -- Ivar's Restaurants has sold off its flagship Seattle waterfront property at Pier 54.
Our news partner The Seattle Times reports Ivar's sold the property to a Los Angeles developer for nearly $40 million.
But Ivar's is not going away. The company has a 29-year lease to stay on the pier where it's been since 1946.
The site is also home to Ye Olde Curiosity Shop, Cherry Street Coffee, a Harley-Davidson Shop and the Simply Seattle store.
Ivar's reportedly plans to use the cash to pay down construction debt and open new locations.
Tuesday, May 16, 2017 / by Leneya Ludwick
SEATTLE – Living the American Dream in the Puget Sound will cost you big bucks. That’s why the perfect house with the white picket fence is an unrealistic dream for many people searching for housing especially in Seattle.
According to the Northwest MLS, between 2011 and 2016, home prices in Pierce County rose 29%. Prices rose 38% in Snohomish County and 38% in King County. In 2011, the median home price was $340,000, but it jumped to $548,000 in 2016.
Experts say those soaring prices are why we’re starting to see a growing trend of unmarried couples buying homes together. It’s called co-buying.
This isn’t about love or romance but all about finances. Relatives, friends, or groups of people are now deciding to buy a property together largely because they can’t afford a space on their own.
Stats from Zillow show people aren’t waiting for marriage to get a mortgage. In Seattle, young un ...
Thursday, May 11, 2017 / by Leneya Ludwick
The best furniture and decor you can buy right now
Sofas, tables, decor, and more for every room in your home
BY CURBED AND KELLEY CARTER MAY 11, 2017, 9:22AM EDT
PHOTOGRAPHY BY CHELSEA CAVANAUGH
Home refresh season is here (hello, spring). And with warmer weather comes the blitz of events—weddings, graduations, housewarming parties—that offer up chances to dive into the world of furniture and decor.
Anyone who’s ever hunted seriously for a new sofa, a set of wine glasses, a crib, or a backyard lounge chair can tell you that the array of options in each category is dizzying.
Luckily, Curbed has your back. With an eye toward design, function, and a variety of price points, we’ve selected a range of products for seven spaces in your home, from the living and dining rooms to the kitchen, the kids room, and beyond.
We chose each item to add character ...