Newsy Real Estate Links

Current Links to Real Estate News

“Yours is the light by which my spirit’s born: – you are my sun, my moon, and all my stars.”
― E.E. Cummings
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June brought more choices than ever for Washington home
buyers.After breaking a 44-month supply streak in May and giving buyers some relief, June saw even “more choices and less
competition,”
https://www.seattlepi.com/realestate/article/Washington-real-estate-market-supply-june-report-13060907.php
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As priced-out Seattleites flee, Tacoma’s getting more
expensive
Market-weary house hunters are finding reprieve in the City of Destiny — and they are bringing the high prices with them.
https://crosscut.com/2018/07/priced-out-seattleites-flee-tacomas-getting-moreexpensive?utm_source=Crosscut+Daily+(two+ads)+July+13&utm_medium=email
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In Seattle real estate market, inventory is finally up
Inventory has been tight for years, but the crunch is starting to ease
https://seattle.curbed.com/2

Market shift? Big spike in Seattle-area homes for sale slows
price growth
Home prices dropped from May to June in King County for the first time since the recession, as competition among buyers
weakened and the number of homes for sale surged.
https://www.seattletimes.com/business/real-estate/market-shift-big-spike-in-seattle-area-homes-for-sale-slows-pricegrowth/
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Housing Inventory Shows Signs of Life This Spring
The second quarter saw a historic spike in inventory, but the supply of homes on the market continued its downward
annual trend.
https://www.trulia.com/research/inventory-report-july2018/
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Seattle Rent Growth, Once The Fastest In The Nation, Drops
Seattle’s rent growth rate tumbled in 2018 after thousands of new units hit the market in 2017
https://www.bisnow.com/seattle/news/multifamily/seattle-rent-growth-drops-89514
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The housing shortage may be turning, warning of a price
bubble
The supply of homes for sale in the second quarter of this year, the all-important spring market, rose at three times the
rate of last year, according to Trulia
https://www.cnbc.com/2018/07/12/the-housing-shortage-may-be-turning-warning-of-a-price-bubble.html
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Is the housing market changing course? Seven signs of a
possible slowdown
Both startling and subtle evidence is emerging that our housing market is changing course. Let me count the ways:

Is the housing market changing course? Seven signs of a possible slowdown


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Portland Will Spend Half a Million Dollars on an Affordable
Housing Property in Cully
The city plans to develop at least 50 affordable apartments on the 19,000-square-foot site on Northeast Prescott Street,
though the project won’t break ground for at least a year. Portland City Council is expected to vote on the $500,000
purchase price next week.
http://www.wweek.com/news/city/2018/07/12/portland-will-spend-half-a-million-dollars-on-an-affordable-housingproperty-in-cully/
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Trouble Ahead For The U.S. Housing Market
The median family cannot afford the median home in several expensive markets, like the San Francisco Bay Area, Seattle,
and Los Angeles.
https://seekingalpha.com/article/4186703-trouble-ahead-u-s-housing-market
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Is Seattle’s red-hot real estate market cooling down?
For the first time in 10 years since the recession, the number of homes for sale in the Seattle area has increased
considera
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Home prices in Washington state rose nearly 4 percent in the first quarter, the most in the nation, and more than 13
percent from one year ago.
https://www.cnbc.com/2018/07/09/the-hottest-housing-market-in-the-country-may-be-headed-for-a-crash.html
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America’s Top States for Business 2018
We score all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array
of business and policy experts, official government sources
https://www.cnbc.com/2018/07/10/americas-top-states-for-business-2018.html
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Football Fever: A Look at the Most Soccer-Crazed Cities in
America
1. Seattle
Seattle is a place where major league soccer routinely sells out and its painted, chanting fans could give football-loving
Brits or Brazilians a run for their money. The Emerald City boasts both the MLS Cup-winning Seattle Sounders as well as
the two-time NWSL Shield earners, the Seattle Reign FC. Seattle tops the list in terms of soccer club prevalence and is
second in sporting goods stores. To top it off, Seattle has been one of the hottest markets in home value increases in recent
years.
https://www.trulia.com/research/american-soccer-cities/
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How much more does a waterfront home cost in the Seattle
area?
Seattle is surrounded by water on two sides—the Puget Sound to the west and expansive Lake Washington to the east—
and it’s no surprise that some of Seattle’s most expensive neighborhoods border those coastlines.
https://seattle.curbed.com/2018/7/10/17554348/seattle-waterfront-home-prices-cost
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Don’t call it a comeback, but condos are returning to Seattle
Meanwhile, the condo market continues to loosen. The latest market report from real estate group Northwest Multiple
Listing Service found the number of condos for sale in Seattle – both new and previously occupied – up 139 percent in
June 2018 over the same time the previous year. Countywide inventory is up 72 percent.
https://crosscut.com/2018/07/dont-call-it-comeback-condos-are-returning-seattle
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10 Year Treasury Rate – 54 Year Historical Chart
U.S. Treasury bills, bonds and notes directly affect the interest rates on fixed-rate mortgages. How? When Treasury yields
rise, so do interest rates. That’s because investors who want a steady and safe return compare interest rates of all fixedincome
products.
https://www.thebalance.com/treasury-note-and-mortgage-rate-relationship-3305734
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How Treasury Notes Affect Mortgage Rates
The NATIONAL ASSOCIATION OF REALTORS
provides the latest real estate research and statistics that affect the
industry. Get the stats and stay informed.
https://www.nar.realtor/research-and-statistics
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City releases First Hill/Capitol Hill Urban Center zoning
change map
Upzones proposed in conjunction with Mandatory Housing Affordability mandate
https://capitolhilltimes.com/Content/Default/Main-news/Article/City-releases-First-Hill-Capitol-Hill-Urban-Centerzoning-change-map/-3/544/4435
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Here are the 10 best states to retire
There’s another list out of the best places to retire, this time by personal finance website Bankrate.com.
https://www.cnbc.com/2018/07/11/the-12-best-and-worst-states-to-retire-in.html?recirc=taboolainternal
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A ‘softening’ market for home sales? June’s numbers show a
slight shift
After all the news of upwardly spiraling costs for homes and rentals, this month’s home sales report for Pierce County
showed a slight shift in the other direction for the county.
https://www.thenewstribune.com/news/business/article214382384.html
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Homeless Crisis For Baby Boomers Lies Ahead, Developer
Says
He is modeling his vision after a similar shelter in the San Antonio, Texas, area that he visited a few years ago. The center,
called Haven for Hope, offers medical and mental health services, job assistance, beds, showers and even laundry
facilities.
https://www.bisnow.com/seattle/news/affordable-housing/portland-developer-continues-efforts-to-help-homeless89912
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Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing
data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current
sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for
Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units
Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
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http://www.corelogic.com/about-us/researchtrends/corelogic-home-priceinsights.aspx
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our
economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the
industry.
https://www.nahb.org/en/research/housing-economics.aspx
2018 June 8th. This week’s WIKLI Real Estate Links
“It’s hard to fly without ruffling a few feathers.”
~Arjun Malhotra

Treasury prices rise as fears
grow about emerging markets
risk
U.S. government debt prices rose on Thursday as investors
pivoted toward safer assets amid growing concerns about
emerging market risk.
https://www.cnbc.com/2018/06/07/us-treasury-yields-rise-on-expectations-of-higher-interest-rates.html
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Mortgage applications rise as
key interest rates drop
After eight consecutive weeks of decreases, mortgage
applications increased by 4.1% last week as key interest rates
dropped sharply, according to the Mortgage Bankers Association.
https://www.nationalmortgagenews.com/news/mortgage-applications-rise-as-key-interest-rates-drop?feed=0000015a-6289-d4b3-ab5e-7afb5c360000
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Malls are dying. There aren’t
enough homes. Is there a
solution?
Nearly half of all mall space will be closed or re-purposed in the
next few years, one analyst believes.
https://www.marketwatch.com/story/malls-are-dying-there-arent-enough-homes-is-there-a-solution-2017-11-21
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Will rising interest rates effect
the housing market?
For the first time since 2012, the question is being asked are
home prices once again reaching their peak? How much higher
can Prices go?
http://www.dailyprogress.com/realestate/sponsored/will-rising-interest-rates-effect-the-housing-market/article_5fffcb5a-6599-11e8-bbb0-5798ddebbb13.html
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Oprah Bought a Pretty Nice
House on Orcas Island.
Welcome to Washington!
The estate sold for more than $8 million, well below its listing
price, because of course she got a deal
http://www.seattlemag.com/home-and-garden/oprah-bought-pretty-nice-house-orcas-island-welcome-washington
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America is house-rich but cash-
poor. These businesses see
opportunity.
But for most of the country, rapidly rising home prices and a
dearth of anything else to buy means people are staying in their
homes longer, allowing them to accrue more and more equity:
$15 trillion worth, to be exact.
https://www.marketwatch.com/story/america-is-house-rich-but-cash-poor-these-businesses-see-opportunity-2018-06-08
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Mortgage rates fall to 7-week
low, as buyers catch a break
Rates for home loans ticked down for the second straight week,
offering buyers a brief reprieve in a sizzling housing market.
https://www.marketwatch.com/story/mortgage-rates-fall-to-7-week-low-as-buyers-catch-a-break-2018-06-07
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California exodus gathers
strength, as home prices
continue upward march
Over a million more people moved out of California from 2006
to 2016 than moved in, according to a new report, due mainly to
the state’s infamously high housing costs, which hit lower-
income people hardest.
https://www.marketwatch.com/story/with-no-letup-in-home-prices-the-california-exodus-surges-2018-05-03
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America’s new great migration
in search of lower property
taxes
‘Enough is enough’ say buyers heading to Wisconsin, Texas,
Georgia and elsewhere
https://www.marketwatch.com/story/americas-new-great-migration-in-search-of-lower-property-taxes-2018-04-05
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Growth Amid Dysfunction: An
Analysis of Trends in Housing,
Migration, and Employment
Over the decade ending in 2016, more people moved out of
California than moved in, and the state still has the highest
housing costs in the nation.
https://next10.org/ca-growth
The vast majority of out-migrants went to five states: Texas,
Arizona, Nevada, Oregon,
and Washington. Full Report.
http://next10.org/sites/default/files/California-Migration-Final2.pdf
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Mulvaney axes CFPB’s consumer
advisory board
Consumer Financial Protection Bureau head Mick Mulvaney on
Wednesday terminated all members of the organization’s
consumer advisory board
https://www.marketwatch.com/story/mulvaney-axes-cfpbs-consumer-advisory-board-2018-06-06
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Home prices are still on a tear,
Case-Shiller says
In March, Seattle was still on top, charting its 27th-straight
month of double-digit annual price increases. Las Vegas, which
is benefitting from an influx of coastal refugees, was second. But
prices in Vegas are still 25% lower than their 2006 peak.
https://www.marketwatch.com/story/home-prices-are-still-on-a-tear-case-shiller-says-2018-05-29
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Home prices won’t slow down,
stumping the experts and
shutting out buyers
Annual price gains are accelerating
https://www.marketwatch.com/story/home-prices-are-rising-so-fast-that-expert-predictions-cant-keep-up-2018-05-01
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Seattle-area home prices reach
record highs, but increasing
inventory offers a ray of hope
The median price of a single-family home in King County was
$726,275 in May, surpassing the record high of $725,000 set in
April and up 15 percent compared to the previous year. The
news isn’t all bad for home buyers, however.
https://www.seattletimes.com/business/real-estate/seattle-area-home-prices-reach-record-highs-but-increasing-inventory-offers-a-ray-of-hope/
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Seattle Declares War on
Workers With Wage and
Housing Regulations
In an attempt to compete with California for the political
jurisdiction with the most economically destructive policies,
Seattle’s city council recently approved head taxes on large
businesses in the city.
https://mises.org/wire/seattle-declares-war-workers-wage-and-housing-regulations
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7 Ways Higher Interest Rates
Will Hit Your Pocketbook,
Portfolio
Rising rates have implications for your finances.
https://www.kiplinger.com/slideshow/investing/T038-S001-7-ways-higher-interest-rates-affect-pocketbook/index.html
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Why High Home Prices And
Rising Mortgage Rates Aren’t
Stopping Sales
Mortgage rates hit their highest point in seven years last month,
and home prices have jumped 6.5% since mid-2017. On the West
Coast, many cities are seeing double-digit gains in home
appreciation. But somehow, home buying isn’t slowing down.
https://www.forbes.com/sites/alyyale/2018/06/05/high-home-prices-rising-mortgage-rates-arent-stopping-sales-heres-why/
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The housing market is getting
more unaffordable
Home prices nationwide jumped 6.9 percent in April from a
year ago, according to the latest monthly value report from
CoreLogic.
https://www.cnbc.com/video/2018/06/05/housing-unaffordable.html
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U.S. Consumer Wealth Still
Primarily Created by Home
ownership
As the National Association of Home Builders’ membership
celebrates National Homeownership Month in June 2018, new
research shows a household’s primary residence is its largest
asset and continues to provide an important building block for
long-term financial security.
http://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/national-association-of-home-builders-national-homeownership-month-june-2018-us-wealth-creation-in-2018-real-estate-news-10909.php
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Mortgage Rates Climb to
Highest Levels in 7 Years in U.S.
According to Freddie Mac’s latest Primary Mortgage Market
Survey, U.S. mortgage rates moved up over the past week to
their highest level since May 5, 2011.
http://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/primary-mortgage-market-survey-us-mortgage-rates-rising-sam-khater-freddie-mac-current-mortgage-rates-real-estate-news-10902.php
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HOW LONG BUYERS REMAIN IN
THEIR HOMES
Builders and manufacturers of building products are often
interested in how long home buyers actually stay in the homes
they purchase—for example, to gain insight on what types of
building products to use and how to market them
http://www.nahbclassic.org/generic.aspx?sectionID=734&genericContentID=110770&channelID=311
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Group temporarily bans real
estate signs to improve town
Real estate agents in a Connecticut town have agreed to a
temporary ban on for sale signs outside homes in attempt to
make the community more attractive.
https://www.seattletimes.com/business/group-temporarily-bans-real-estate-signs-to-improve-town/
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U.S. Homeowners Enjoyed Over
$1 Trillion of Equity Gains in
Last Year
Based on CoreLogic’s latest Home Equity Report for the first
quarter of 2018, U.S. homeowners with mortgages (which
account for roughly 63 percent of all properties) have seen their
equity increase 13.3 percent year over year, representing a gain
of $1.01 trillion since the first quarter of 2017.
http://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/2018-home-equity-report-corelogic-rising-home-equity-data-for-2018-average-homeowner-equity-gain-in-2018-frank-nothaft-corelogic-home-price-index-2018-10914.php
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Court Orders Company Accused
Of Scamming Foreclosed
Homeowners To Halt Deceptive
Practices
A King County Superior Court judge has ordered a company
accused of scamming foreclosed homeowners out of equity
in the form of surplus funds from the foreclosure sale to halt
its deceptive practices while the state’s lawsuit progresses.

Court Orders Company Accused Of Scamming Foreclosed Homeowners To Halt Deceptive Practices


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Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Vulcan Planning Three-Tower,
1MM SQFT Office Development in
Downtown Bellevue
There has been a significant amount of development activity
occurring in Bellevue’s central business district in recent
months, and another large-scale development is in the works.

Vulcan Planning Three-Tower, 1MM SQFT Office Development in Downtown Bellevue

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June 1, 2018

“Don’t Let Yesterday Take Up Too Much Of Today.”
– Will Rogers
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San Franciscans moving to
Sacramento, Seattle, Las Vegas
As in the past, Redfin attests that Sacramento is the city San
Franciscans peruse most often, with Seattle, Washington
remaining the most common out of state prospect.
https://sf.curbed.com/2018/5/31/17412574/san-francisco-migration-redfin-trulia-leaving-state-city
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Amazon threatens to back off
Seattle growth, but it wouldn’t
be easy to leave
In the month since Amazon first suggested it would consider
a pullback in Seattle, the company has posted ads for more
than 1,200 jobs based in the city
https://www.seattletimes.com/business/amazon/amazon-may-threaten-to-ditch-seattle-but-it-wouldnt-be-easy-to-leave/
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See which Seattle tech company
earned a spot on this map
showing every state’s highest
payer
Speaking of Washington, Seattle is home to the company
offering up the highest median salary — based on 2017 data
from the labor group AFL-CIO. At Tableau Software, the data
visualization company, the median salary is $199,864. The
company employs about 3,663 people.
https://www.geekwire.com/2018/see-seattle-tech-company-earned-spot-map-showing-every-states-highest-payer/
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Will rising interest rates effect
the housing market?
For the first time since 2012, the question is being asked are
home prices once again reaching their peak? How much higher
can Prices go?
http://www.dailyprogress.com/realestate/sponsored/will-rising-interest-rates-effect-the-housing-market/article_5fffcb5a-6599-11e8-bbb0-5798ddebbb13.html
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Too broke to own a home? These
startups will fund your American
Dream
Startups are offering creative new financing options–from
Airbnb income to crowdsourcing and equity stakes–to help
homebuyers with limited savings.
https://www.fastcompany.com/40577659/too-broke-to-own-a-home-these-startups-will-fund-your-american-dream
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What’s really behind the interest
rates roller coaster
Which way will interest rates go next?
https://nypost.com/2018/05/30/whats-really-behind-the-interest-rates-rollercoaster/
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Case-Shiller: Rising mortgage
rates, home prices pull on
affordability
he S&P CoreLogic Case-Shiller Home Price Indices are the
leading measures of U.S. residential real estate prices, tracking
changes in the value of residential real estate both nationally
as well as in 20 metropolitan regions
https://us.spindices.com/index-family/real-estate/sp-corelogic-case-shiller
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S&P CoreLogic Case-Shiller
20-City Composite Home Price
NSA Index
The S&P CoreLogic Case-Shiller 20-City Composite Home
Price NSA Index seeks to measures the value of residential
real estate in 20 major U.S. metropolitan areas
https://us.spindices.com/indices/real-estate/sp-corelogic-case-shiller-20-city-composite-home-price-nsa-index
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Home Equity Wealth at New High
The latest flow-of-funds data from the Federal Reserve
confirmed that home-equity wealth reached a new nominal
high this year:
http://www.housingviews.com/
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Opendoor expands home
trade-in program to all builders
Company launches Homebuilder Program beyond its pilot
https://www.housingwire.com/articles/43455-opendoor-expands-home-trade-in-program-to-all-builders
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How to Trade In Your House
Many home buyers need to sell their current house before
they can complete their purchase, or even think about their
next home.
http://fortune.com/2016/03/09/opendoor-house-trade-in/
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Ten years after the crash,
what is the state of the housing
market?
The 2008 US housing market crash revealed flawed
regulations and lending practices that led to disaster.
https://www.urban.org/urban-wire/ten-years-after-crash-what-state-housing-market
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Where can renters afford to
buy homes?
To address a critical flaw in current measures of
homeownership affordability, we recently developed a new
measure: the housing affordability for renters index
(HARI). The HARI examines the 20 most-populous
US metropolitan statistical areas (MSAs) and reveals a few
surprises about some of these cities.
https://www.urban.org/urban-wire/where-can-renters-afford-buy-homes
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Historic population boom
pushes Seattle to 19th month
in a row as the nation’s hottest
housing market
Seattle has earned a couple of titles that explain a lot of the
tension going on in the city lately: it is the fastest growing
big city of the last decade and the hottest housing market
in the country, a designation it has held for 19 straight
months.
https://www.geekwire.com/2018/historic-population-boom-pushes-seattle-19th-month-row-nations-hottest-housing-market/
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Rentberry sues Seattle over
temporary rent-bidding ban
he ordinance had called for a year’s moratorium and
more study
https://seattle.curbed.com/2018/5/24/17387234/rentberry-rent-bidding-ban-lawsuit
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Can tech outsmart the housing
shortage?
Disruption makes money, but it doesn’t have a great
track record when it comes to building more housing
https://www.curbed.com/2018/5/29/17405066/real-estate-airbnb-startup-wework-technology-coliving
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10 Real Estate Startups To
Watch In 2018
The last decade has witnessed an exponential growth in
real estate tech startups. Globally, the number of
startups rose from 176 in 2008 to 1,274 by 2017. In the
same period, cumulative investments in these startups
soared from $2.4 billion to $33.7 billion.
https://www.forbes.com/sites/omribarzilay/2018/01/10/10-real-estate-startups-to-watch-in-2018/#2622649c250f
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Why Home Prices And
Mortgage Interest Rates Are
Rising
The housing market continues to show signs of recovery,
10 years after its devastating crash.
https://www.npr.org/2018/05/28/614935543/why-home-prices-and-mortgage-interest-rates-are-rising
______________________________________________________________________________________________________________
Seattle to streamline cottage
building process
reports that Seattle Mayor Jenny Durkan has announced
plans to streamline the process for building cottages, also
known as a detached accessory dwelling units (ADUs)

Seattle to streamline cottage building process


______________________________________________________________________________________________________________
Phoenix tries to woo Seattle
businesses after head tax vote
Phoenix has a simple message for Seattle businesses:
Don’t like the head tax? Move here.
Phoenix tries to woo Seattle businesses after head tax vote
______________________________________________________________________________________________________________
Existing-Home Sales Tumble
as Supply Crunch Squeezes
Existing-home sales ran at a seasonally adjusted annual
5.46 million pace in April, the National Association of
Realtors® said
https://www.realtor.com/news/real-estate-news/existing-home-sales-tumble-supply-crunch-squeezes/
______________________________________________________________________________________________________________
Luxury Real Estate Comes to
Urban Chinatowns
Forged from a combination of economic necessity and
racial discrimination, many of this country’s traditional
urban Chinatowns are now attracting a new type of
business: luxury real-estate development.
https://www.realtor.com/news/trends/luxury-real-estate-comes-urban-chinatowns/?iid=rdc_news_hp_carousel_theLatest
___________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
A Look at the Past and Present of
Denny Triangle in Seattle,
An Area That Continues to Evolve
At a time when all of Seattle’s neighborhoods are
experiencing sustained periods of growth—driven in large
part by the presence and expansion of technology companies
like Amazon and Facebook, among others, looking to take up
commercial space in the downtown core—it can be easy to
forget the significant histories underpinning these continually
transforming areas of the city.

A Look at the Past and Present of Denny Triangle in Seattle, An Area That Continues to Evolve

2018 May 25th. This week’s WIKLI Real Estate Links
“Who sows virtue reaps honor.”
~Leonardo da Vinci
__________________________
____________________________________________________________________________________
_______________________________________________________________________________________________________________
Census Bureau Reveals
Fastest-Growing Large Cities
Eight of the 15 cities or towns with the largest population
gains were located in the South in 2017, with three of the
top five in Texas, according to new population estimates
released today by the U.S. Census Bureau.
https://www.census.gov/newsroom/press-releases/2018/estimates-cities.html
_______________________________________________________________________________________________________________
U.S. home sales fell 2.5
percent in April
A shortage of houses on the market in all but the
Midwest has also caused the median sales price to rise.

U.S. home sales fell 2.5 percent in April


______________________________________________________________________________________________________________
Mortgage interest rates 2018:
Rates hit 7-year high, slow
home sales
Home sales are slowing, spurring debate about whether
the culprit is rising mortgage rates or low housing supplies.
https://www.usatoday.com/story/money/2018/05/24/mortgage-interest-rates-2018-7-year-high-home-sales/641263002/
______________________________________________________________________________________________________________
Fed on track to raise interest
rates in June on belief
economy remains in good
shape
Federal Reserve officials believe the economic outlook
warrants another interest rate hike “soon” but signaled
they would allow inflation to go modestly above their
2% target — indicating they’re in no rush to raise rates
more aggressively.
http://www.latimes.com/business/la-fi-fed-minutes-20180523-story.html
______________________________________________________________________________________________________________
A 1971 Seattle billboard is
echoed in the head-tax debate
Bob McDonald, of Seattle, now 81, and Jim Youngren,
of Orcas Island, now 78, were the two real-estate agents
with a CB Bain forerunner, Coldwell Banker-Henry
Broderick, Inc who dreamed up the sign.

A 1971 Seattle billboard is echoed in the head-tax debate


______________________________________________________________________________________________________________
Downtown Portland sported
a ‘scattered, bomb-site look’
in the 1970s, but it still had
charms
In the early 1970s, suburban flight and a struggling
economy resulted in the dire deterioration of the central
city. The New York Times’ Ada Louise Huxtable lamented
“the scattered, bomb-site look of downtown [Portland]
parking lots made by demolishing older buildings that pay
less than metered asphalt.”
https://www.oregonlive.com/expo/erry-2018/05/c35ade7d646319/downtown_portland_1970s.html
______________________________________________________________________________________________________________
How to avoid the most
devastating real estate
scam
The fraud happens just before you close on a house.
Now thieves are using more complex hi-tech tools to
con you out of your cash
http://abc7ny.com/realestate/7-on-your-side-how-to-avoid-a-devastating-real-estate-scam/3444981/
______________________________________________________________________________________________________________
Seattle evaluates options to
encourage backyard cottages,
in-law apartments
The City of Seattle continues to seek public input on the environmental review of options to encourage the development of more in-law apartments and backyard cottages that would allow for more rental housing in the city’s single-family zones.

Seattle evaluates options to encourage backyard cottages, in-law apartments


______________________________________________________________________________________________________________
Portland home prices low by
coastal standards, not
nationally
New analysis shows how much square footage you can
buy for $200,000 in major cities across the country.
http://portlandtribune.com/pt/9-news/396595-290418-portland-home-prices-low-by-coastal-standards-not-anywhere-else
_______________________________________________________________________________________________________________
How Much it Costs to Buy a
House in the Hottest Housing
Markets of 2018
Most areas of the country are in a seller’s market, meaning
there’s not enough inventory for all the interested
homebuyers. About half of all the homes in the country
are worth as much or more than they were in April 2007
— the height of America’s housing boom.

How Much it Costs to Buy a House in the Hottest Housing Markets of 2018


______________________________________________________________________________________________________________
5 tips for making an offer in a
hot real estate market
Steady demand. Limited supply. That’s what we are seeing
in real estate markets across the country right now.
Inventory is particularly tight within the lower price ranges.

5 tips for making an offer in a hot real estate market


______________________________________________________________________________________________________________
Warmer weather may be good
news for homebuyers
Even though the average price of a house is about
$800,000 in King County, real estate brokers say spring
and summer may offer a window of opportunity for
homebuyers.
Warmer weather may be good news for homebuyers
______________________________________________________________________________________________________________
This is the No. 1 mistake
first-time homebuyers make
“The biggest mistake the first-time home buyers always
make is they fall in love with the house and they don’t really
do their homework to understand the community, to
understand the neighborhood, to understand the street that
they’re on,”
https://www.cnbc.com/2018/05/16/sidney-torres-the-top-mistake-first-time-homebuyers-make.html
______________________________________________________________________________________________________________
Seattle Is Closer to More
Wilderness Areas Than Any
Large U.S. City
Seattle ranks first among the 25 largest cities in the U.S.
for having the most designated wilderness areas (3.6
million acres to be exact) within a 100-mile radius.
http://www.seattlemag.com/northwest-travel-and-outdoors/seattle-closer-more-wilderness-areas-any-large-us-city
______________________________________________________________________________________________________________
Two Seattle Companies Have
Built the Smart Home of the
Future
Though it looks like a standard home, the gadgets that
control many elements (from the blinds to the heating
and cooling system to the exhaust fan) speak to one another,
enabling the house, in many ways, to take care of itself
http://www.seattlemag.com/home-and-garden/two-seattle-companies-have-built-smart-home-future
______________________________________________________________________________________________________________
Mayor Durkan fast tracks
backyard cottages to address
Seattle affordability crisis
After years of studies and discussion, Seattle Mayor
Jenny Durkan is streamlining the process to build
backyard cottages. The mayor’s office hopes it will
incentivize homeowners to build the units while creating
more affordable housing in the city.

Mayor Durkan fast tracks backyard cottages to address Seattle affordability crisis


______________________________________________________________________________________________________________
Rapidly growing Seattle
constrains new housing
through widespread single-
family zoning
Virtually all of Seattle’s new housing has been crammed
into the few parts of town where dense housing like
apartment towers are legal. The rest of Seattle is made up
of pricey single-family homes.
https://www.seattletimes.com/business/real-estate/amid-seattles-rapid-growth-most-new-housing-restricted-to-a-few-areas/
______________________________________________________________________________________________________________
Bill Miller says higher interest
rates always led to a higher
stock market the last two
decades
“Looking at the last 20 years — all cases of higher interest
rates have been met with a market that’s gone higher,”
investor Bill Miller said, according to notes from a call
published May 15.
https://www.cnbc.com/2018/05/24/bill-miller-stocks-go-higher-when-interest-rates-rise.html
______________________________________________________________________________________________________________
Economic experts warn of
major 2020 recession
The next major recession may be just around the corner.
A 2020 recession is emerging as the most likely timeframe.
https://www.kiro7.com/news/local/economic-experts-warn-of-major-2020-recession/755170509
______________________________________________________________________________________________________________
Denver Joins Seattle and
San Francisco as a Tech Hub
with More People Looking to
Move Out than Move In
Seattle, which is grappling with a controversial tax related
to the city’s housing crisis, has posted two consecutive
quarters of net outflow, based on Redfin user data. In the
first quarter, 12 percent of Seattle-based Redfin users were l
ooking in other metro areas, up from 9 percent during the
same period last year.
https://www.prnewswire.com/news-releases/redfin-migration-report-denver-joins-seattle-and-san-francisco-as-a-tech-hub-with-more-people-looking-to-move-out-than-move-in-300653280.html
______________________________________________________________________________________________________________
151 Years of America’s
Housing History
From the first tenement regulation to work requirements
for public-housing residents, these are key moments in
housing policy.
https://www.thenation.com/article/americas-housing-history/
______________________________________________________________________________________________________________
10,000 Reasons Your Credit
Score Matters
National Financial Educators Founder Adam Carroll reveals the Cost of Neglecting your Credit in this Exclusive MoneyTips Video
https://www.moneytips.com/video-10000-reasons-your-credit-score-matters
______________________________________________________________________________________________________________
At odds with Seattle on head
tax, Paul Allen’s Vulcan builds
tiny-house village to shelter
homeless people
More than 500 employees and volunteers organized by
Paul Allen’s Vulcan Inc. will spend Friday hammering,
sawing, painting, and assembling 30 tiny homes to provide
temporary shelter for people currently living on the streets
in Seattle.
https://www.geekwire.com/2018/vulcan-assembles-500-tech-workers-and-volunteers-to-build-tiny-house-village-for-the-homeless/
______________________________________________________________________________________________________________
A serious slap at Seattle:
Pierce County plans $275 tax
incentive for companies,
taking aim at its Northwest
neighbor
Pierce County on Tuesday plans to introduce a new tax
incentive program for employers looking to bring jobs to
the county — a direct slap at the City of Seattle which last
week introduced a controversial “head tax” on some of its
biggest employers.
https://www.geekwire.com/2018/serious-slap-seattle-pierce-county-plans-275-tax-incentive-companies-taking-aim-northwest-neighbor/
___________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
LaSalle Investment
Management Spends
$129.5MM to Buy
202 Westlake in Seattle

Another Amazon-leased property in Seattle has traded
hands. This time, the Munich-based GLL Real Estate
Partners is disposing of the 114,000 square-foot property
located at 202 Westlake Ave. N. it has owned for less than
five years in a deal worth $129.5 million, according to
public records.

LaSalle Investment Management Spends $129.5MM to Buy 202 Westlake in Seattle

2018 May 18th. This week’s WIKLI Real Estate Links
“A positive attitude causes a chain reaction of positive thoughts, events and outcomes. It is a catalyst and it sparks extraordinary results.”
~ Wade Boggs
__________________________
____________________________________________________________________________________
______________________________________________________________________________________________________________
Where Will Prince Harry And
Meghan Markle Live After
Their Wedding?
Prince Harry and Meghan Markle will be settling down
in their first official home together in a small, modest
house in London. Of course, the house also happens to
be the historic Nottingham Cottage in Kensington Palace.
https://www.forbes.com/sites/jennawang/2018/05/18/where-will-prince-harry-and-meghan-live-after-their-wedding/#658542237b0a
_______________________________________________________________________________________________________________
HONG KONG IS STILL ON
TOP of THE WORLD in
LUXURY HOUSING RANKINGS
For the second time in our survey, Hong Kong prevails
as the world’s top prime property market in the annual
Christie’s International Real Estate Luxury Index
https://luxurydefined.christiesrealestate.com/blog/market-insights/hong-kong-ranks-most-expensive-luxury-housing-market
_______________________________________________________________________________________________________________
Seattle waterfront property
owners protest $200 million
tax plan
The city wants to create a new tax for property owners
closest to Seattle’s waterfront.
https://www.king5.com/article/news/local/seattle-waterfront-property-owners-protest-200-million-tax-plan/281-552894746
______________________________________________________________________________________________________________
It’s really tough to be a
homebuyer in Seattle
If you’re hoping to buy a home in Seattle, be prepared
for rejection.
http://money.cnn.com/2018/05/16/pf/buying-a-home-seattle/index.html
______________________________________________________________________________________________________________
MULTIGENERATIONAL
LIVING: THE FUTURE OF
HOUSING OR A LAST
RESORT?
You grow up. You move out. You get your own place.
Right? Not so fast. Recently, adults are more and more
likely to live under their parents’ roofs for longer. Seniors,
especially as Baby Boomers age, are more likely to move
back in with their kids as well. In 2016, a record 64 million
people lived in multigenerational arrangements, defined
as houses with two or more adult generations. That’s 20
percent of the US population — a proportion not seen for
almost 70 years.
https://www.strongtowns.org/journal/2018/5/15/multigenerational-living-the-future-of-housing-or-a-last-resort
______________________________________________________________________________________________________________
Spring selling season in
full swing
Spring selling season is getting into full swing…
ut could there be trouble ahead for housing as mortgage
rates rise? Mark Fleming of First American weighs in.
https://www.cnbc.com/video/2018/05/17/housing-pulse-check-spring-selling-season-in-full-swing.html
______________________________________________________________________________________________________________
How Two Designers Have
Done Up Their Own Homes
London-based Abigail Ahern and New York-based Sasha
Bikoff have distinctive—and very different styles. You
may find inspiration from one or both
https://www.mansionglobal.com/articles/95531-how-two-designers-have-done-up-their-own-homes?link=TD_mansionglobal_articles.a2aa4e199540b4fe&utm_campaign=circular&utm_medium=MANSIONGLOBAL&utm_source=mansionglobal_articles.a2aa4e199540b4fe
______________________________________________________________________________________________________________
How 3D printing is
revolutionizing the housing
industry
Innovators around the world are hard at work to change
the way we design, build and produce our homes, and all
of this will result in massive change to the housing
status quo

How 3D printing is revolutionizing the housing industry 


______________________________________________________________________________________________________________
Most common job in Seattle
isn’t in retail anymore, and
4 out of 5 of these workers
are men
Software developer is now the most common occupation
in the Seattle area. According to data from the Bureau of
Labor Statistics, there are more than 60,000 employed in
that field here. Retail salesperson, the former No. 1 job in
Seattle (and still the most common job in the U.S.), fell
by the wayside in 2016.
http://www.postbulletin.com/news/business/most-common-job-in-seattle-isn-t-in-retail-anymore/article_3dfd677b-8f1b-500e-8811-ac49e4a661c1.html
______________________________________________________________________________________________________________
Zillow’s next $1B business?
Online real estate giant
makes risky bet buying and
selling homes
“We are confident that we can provide these consumers
with a positive home selling experience,” said Rascoff,
explaining how it would start buying and selling homes
in Phoenix and Las Vegas as part of its expanded Instant
Offers program. “We believe that Zillow Group possesses
structural advantages in this space.”
https://www.geekwire.com/2018/zillows-next-1b-business-online-real-estate-giant-makes-risky-bet-buying-selling-homes/
______________________________________________________________________________________________________________
After the tax: What happens
if Amazon puts the brakes on
its Seattle growth?
As the smoke cleared, the company issued a strong
statement, declaring that the decision “forces us to
question our growth here.”
https://www.geekwire.com/2018/tax-happens-amazon-puts-brakes-seattle-growth/
______________________________________________________________________________________________________________
How Seattle’s New Tax to
Fight Homelessness Could
Ruin Its Economy
The head tax is exactly what it sounds like: a straight
levy of $0.14 per hour per employee—about $275 a year
for a full-time worker—targeting every business in Seattle
with revenues of $20 million or more.
http://fortune.com/2018/05/17/head-tax-in-seattle-amazon-starbucks/
______________________________________________________________________________________________________________
My House Could Help
Portland Meet Its Climate
Goals, But It’ll Cost Me
When I opened my front door to Enhabit Home Energy
Score Adviser Peter Kernan, I was actually feeling fairly
confident about my home’s energy efficiency.
http://kuow.org/post/my-house-could-help-portland-meet-its-climate-goals-itll-cost-me
______________________________________________________________________________________________________________
For Amazon HQ2 hopefuls,
Seattle serves as a
cautionary tale
Fifty thousand well-paid jobs, a $5 billion investment,
winning the affection of perhaps America’s most dynamic
and fast-growing company: Why wouldn’t a city go all out
to win Amazon’s second headquarters?
http://money.cnn.com/2018/05/13/news/companies/amazon-hq2-seattle/index.html?iid=EL
______________________________________________________________________________________________________________
Rising Rates Vs. The Housing
Market
Interest rates had been falling for most of the past three
decades – but two years ago, they started climbing. The
yield on the 10-year Treasury note recently climbed above
3%, up from less 1.5% just a couple of years ago.
https://www.npr.org/sections/money/2018/05/15/611386612/rising-rates-vs-the-housing-market
______________________________________________________________________________________________________________
Warren Buffett: Interest rates
are the ‘most important’ thing
in determining stock values
Warren Buffett believes interest rates levels are a critical
component in figuring out if a stock is cheap or expensive.
https://www.cnbc.com/2018/05/17/buffett-interest-rates-are-most-important-thing-in-stock-valuations.html
______________________________________________________________________________________________________________
How interest rates affect the
housing market
KPMG chief economist, discuss their reactions to April
housing data and what it means for the U.S. economy.
https://www.cnbc.com/video/2018/05/16/how-interest-rates-affect-the-housing-market.html
______________________________________________________________________________________________________________
Storied Cobbs Mansion has
an indoor skate ramp, outdoor
tea house (photos)
One of Oregon’s most famous houses, the 1918
Frank J Cobbs House in Portland has returned to the
market, this time listed at $5.9 million.
http://www.oregonlive.com/front-porch/index.ssf/2018/05/cobbs_mansion_pdx_6_million_ti.html
______________________________________________________________________________________________________________
125 pre-sales at Bosa’s
One88
Bosa Development said 125 condos have pre-sold
at One88
http://www.djc.com/news/re/12111161.html?cgi=yes
______________________________________________________________________________________________________________
The City of Portland Home
Energy Score
The City of Portland Home Energy Score ordinance
will take effect on January 1, 2018, requiring sellers of
single-family homes to disclose a Home Energy Report
nd Score at time of listing.
https://www.portlandoregon.gov/bps/71421
______________________________________________________________________________________________________________
Draft EIS Released
On May 10, 2018, the Seattle City Council issued a Draft
EIS that describes potential environmental impacts of
the proposed Land Use Code changes.
http://www.seattle.gov/council/adu-eis#deis
______________________________________________________________________________________________________________
Boeing releases Community
and Economic Benefits Report
Company’s wide-ranging influence includes employment,
education, environment and charitable giving

Boeing releases Community and Economic Benefits Report


______________________________________________________________________________________________________________
A Guide to Four of the
World’s Top Interior Design
Districts
In the décor world, a city’s interior design district is
hallowed ground for professionals and amateur design
enthusiasts alike. Furniture, fabrics, lighting—all the
decorative elements collide in this one area tailor-made
for shopping and inspiration gathering.
https://www.bizjournals.com/bizwomen/news/latest-news/2018/04/most-homeowners-plan-to-stay-put.html
______________________________________________________________________________________________________________
GOOGLE’S SELFISH LEDGER
IS AN UNSETTLING VISION
OF SILICON VALLEY SOCIAL
ENGINEERING
An internal video from 2016 shows a Google concept
for how total data collection could reshape society
https://www.theverge.com/2018/5/17/17344250/google-x-selfish-ledger-video-data-privacy
______________________________________________________________________________________________________________
Google Tracks and Archives
Your Personal Data
Here’s the link to the Google Takeout thing that will
allow you to delete your personal info
https://takeout.google.com/
___________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
171-Unit Development in Ballard
Unanimously Approved at Early
Design Guidance Meeting

On Monday, May 14th, a 171-unit development in Ballard’s
commercial district was given the green light at an Early
Design Guidance meeting. At the meeting, VIA Architecture
presented preliminary plans to the northwest review board
on behalf of developer Carmel Partners. Landscape
architect Murase Associates and Urban Evolution are also
on the project team.

171-Unit Development in Ballard Unanimously Approved at Early Design Guidance Meeting

“A gush of bird-song, a patter of dew, A cloud, and a rainbow’s
warning, Suddenly sunshine and perfect blue– An April day
in the morning.”
~Harriet Prescott Spofford
__________________________
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Luxury Homes Selling Fastest
in Seattle
The West Coast city, along with Nashville, San Diego and
others, are bucking a general slowdown
https://www.mansionglobal.com/articles/93905-luxury-homes-selling-fastest-in-seattle
______________________________________________________________________________________________________________
Zillow Group will start buying
and selling homes, taking on
Opendoor and expanding real
estate footprint
Zillow Group will start buying and selling homes for the
first time later this month, expanding its real estate business
and creating new competition for real estate agents and
companies like Opendoor and OfferPad
https://www.geekwire.com/2018/zillow-group-will-start-buying-selling-homes-taking-open-door-expanding-real-estate-footprint/
______________________________________________________________________________________________________________
THE FEDERAL RESERVE
PLANS TO HIKE INTEREST
RATES EVEN FASTER
Interest rates are on their way up.Buoyed by a strengthening
economy and increased confidence that the Federal…
http://www.wtva.com/content/national/479427823.html?ref=823
______________________________________________________________________________________________________________
New Home Building
Employment Estimates
by Congressional District
The new NAHB estimates show that the average
congressional district has more than 8,800 residents
working in residential construction but that number is
often significantly higher.

New Home Building Employment Estimates by Congressional District


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Is There A Perfect Plan for
Spring Moving?
See Our List for Things You May Be Missing!
https://www.mybekins.com/blog/perfect-plan-spring-moving-see-list-things-may-missing/
______________________________________________________________________________________________________________
Researchers Say Reverse
Mortgages Deserve A Second
Look
What’s the deal with reverse mortgages? This question was
addressed in a recent Housing Wealth in Retirement
Symposium held on March 23, 2018, in Washington, DC.
The event was co-hosted by The American College of
Financial Services and the Bipartisan Policy Center.
https://www.forbes.com/sites/jamiehopkins/2018/03/30/researchers-say-reverse-mortgages-deserve-a-second-look/#110268fc56b2
______________________________________________________________________________________________________________
5 DIY Tips to Help Increase
the Value of Your Home
With so many other houses for sale on the market today and
fees for selling the house on the rise, fixing up the house the
right way can go a long way in getting the highest possible
offers
https://www.realtytrac.com/news/5-diy-tips-to-help-increase-the-value-of-your-home/
______________________________________________________________________________________________________________
A tour through Oregon’s 26
Coolest Coastal Towns for
homebuyers
Oregon’s rugged coastline offers more than just pristine
beaches, spectacular ocean views, dense forests, wind-swept
headlands, glistening tide-pools and wildlife-filled estuaries.
https://www.bizjournals.com/portland/news/2018/03/28/a-tour-through-oregons-26-coolest-coastal-towns.html
______________________________________________________________________________________________________________
Canadian Real Estate Cooled
Due to Government Measures,
Higher Prices
While prices were largely flat in the first quarter, they
rose 6.2% year to year
https://www.mansionglobal.com/articles/94197-canadian-real-estate-cooled-due-to-government-measures-higher-prices
______________________________________________________________________________________________________________
Tax Reform:
Effect on Home Prices
NO MATERIAL PRICE EFFECT SO FAR, THOUGH
IT IS STILL EARLY AFTER REFORM
https://www.corelogic.com/blog/2018/04/tax-reform-effect-on-home-prices.aspx
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Spring Home Health Check-Up:
Three Areas to Examine Now
A step-by-step home check-up guide to find warning signs
and advice on how to repair them
https://www.coldwellbanker.com/blog/spring-home-health-check-three-areas-examine-now/
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3 Tech Questions to Ask Before
Buying a Smart Home
When you find the perfect smart home for you, consider these
important questions.
https://www.coldwellbanker.com/blog/3-tech-questions-ask-buying-smart-home/
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Stages of Buying a Home
Find out what you can expect during the home buying process
and learn all the stages of buying a home.
https://www.coldwellbanker.com/blog/stages-of-buying-a-home/
______________________________________________________________________________________________________________
Experts expect interest rates
to jump two or three more
times this year
Not only is it a home sellers’ market right now, interest
rates just went up a quarter percent last month. And,
experts are predicting them to go up again, two or even
three more times by the end of the year.
https://www.wsoctv.com/news/action-9/experts-expect-interest-rates-to-jump-two-or-three-more-times-this-year/731210302
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Here are 3 ways parents can
help their grown kids to own
a house
When responsible first-time homebuyers need help buying
a home, the family bank sometimes can lend a hand.
http://www.djc.com/news/re/12110161.html
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Portland Real Estate Market
Still Adjusting to Inclusionary
Housing
So what does it mean when Portland appears now to be
doubling-back on the inclusionary housing policy it adopted
a year ago? Were the critics correct who said the policy
would backfire?
https://nextcity.org/daily/entry/portland-developers-still-getting-acclimated-to-inclusionary-housing
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Owning a house in Seattle may
be earning you more than your
job
It’s one of those statistics that inspires all sorts of fun fantasies,
but ultimately promises more than it delivers. Seattle real estate
can be more complex than simply pocketing your home’s
rising value.

Owning a house in Seattle may be earning you more than your job


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Seattle’s ‘Best Places to Live’
ranking worsens
Seattle just barely made it in the top 10
“Best Places to Live” this year.

Seattle’s ‘Best Places to Live’ ranking worsens


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125 Best Places to Live in
the USA
U.S. News analyzed the 125 most populous metro areas to
find the best places to live. To make the top of the list, a
place had to have good value, be a desirable place to live,
have a strong job market and a high quality of life.
https://realestate.usnews.com/places/rankings/best-places-to-live
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Own the Famed Malibu
Pyramid House for $3.1M
It’s got pharaoh-worthy style, “amazing energy,” and more
than 25 fruit trees. This architectural novelty overlooking
the Pacific Ocean is a peaceful retreat that’s also in demand
as an event space and film location.
https://www.realtor.com/videos/malibu-pyramid-house/f649e5ff-6a1d-454c-9c0b-517b2c3fcb34
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Builders’ Use of Aerial Drones
Takes Off
NAHB reported that 22 percent of single-family builders
had used aerial drones (or unmanned aircraft systems, as
the Department of Defense calls them) at least once in their
construction businesses. But the times they are a-changing.
When we revisited the issue in March of this year, we saw
that the percentage of builders using drones had soared to
46 percent.

Builders’ Use of Aerial Drones Takes Off


_______________________________________________________________________________________________________________
REALTOR® Brand Evolution:
Updated April 11, 2018
On April 11, 2018, the following statement was released by
Elizabeth Mendenhall, 2018 NAR President, and Bob
Goldberg, CEO:
https://www.nar.realtor/brand?tp=i-H43-Bb-1uU-2mS5m-1p-Bl9d-1c-2lauX-4jvkB&om_rid=41100406%20&Om_ntype=NARstandard&om_mid=7346
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


___________________________________________________________________________________________________
___________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________

Apartment Complex in Seattle’s
Eastlake Sells for $17.75MM

Seattle (April 11, 2018) – CBRE is pleased to announce the sale
of Remi Apartments, an urban apartment community in
Seattle, WA to ACME Realty for $17,750,000.

Mark Zoffel and Kyle Yamamoto of CBRE’s Capital Markets
Multifamily Investment team negotiated the sale on behalf of
the seller.

Remi Apartments, built in 1996, comprised of 34 residential
homes and three commercial spaces on the ground floor.
Located in the thriving Eastlake neighborhood, just above the
shores of Lake Union, Remi takes advantage of the stunning
lake and mountain views that are normally reserved for the
private homes lining the waterfront. One- and two-bedroom
homes feature a private deck or patio, some even large enough
for patio furniture and barbecue grills, providing residents with
their own private enjoyment of spectacular Seattle sunsets and
Lake Union activity. A large rooftop deck offers residents an
amenity not commonly found in a building of this size.

The deal traded at $480,000 per unit, excluding the value of
the retail, a high watermark for the Eastlake neighborhood.

Apartment Complex in Seattle’s Eastlake Sells for $17.75MM

“Fool me once, shame on you; fool me twice, shame on me.”
~Chinese proverb

RISMedia’s
2018 Power Broker Report
CB Bain is #15 in the nation’s Top 500 residential real estate
firms ranked by 2017 sales volume.

Power Broker Survey Results 2018


______________________________________________________________________________________________________________
Realtors asking people to sell:
If no other homes came on the market, it would only take a
month to sell the currently listed homes in the Seattle metro
area. Interview with our own Kerryn Lyons!
http://www.king5.com/article/money/markets/real-estate/realtors-asking-people-to-sell-thats-how-tight-the-seattle-market-is/281-530528298
______________________________________________________________________________________________________________
Why You Should Sell Your
Home in 2018
Housing markets should remain tight this year,
but 2018 may be a great time to profit as a home seller.
https://realestate.usnews.com/real-estate/articles/why-you-should-sell-your-home-in-2018
______________________________________________________________________________________________________________
What to Expect From a
Home Inspection
You’ve finally found what seems to be the perfect home.
It’s got all your must-haves and some of your nice-to-
haves, too. It looks like it’s in excellent condition, but
merely looking like it’s in good condition is not enough
when it comes to such a huge financial decision.

______________________________________________________________________________________________________________
The Aftermath of a
Tech Attack
Still wondering about the benefits of Mimecast! Real
estate pros who’ve lost money to scammers say their
sense of security has been harder to rebuild.
http://realtormag.realtor.org/technology/feature/article/2018/03/aftermath-tech-attack
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US home prices post 6.2
percent annual gain in
January
U.S. home prices posted another big gain in January,
pushed higher by a shortage of homes for sale.
http://abcnews.go.com/Business/wireStory/us-home-prices-post-62-percent-annual-gain-54038195
______________________________________________________________________________________________________________
King County Residents can
view preliminary flood maps
Preliminary flood maps, prepared by the Federal Emergency
Management Agency with input from local jurisdictions,
incorporate new data about flood hazards and represent
the first updates in several years.
https://www.kingcounty.gov/depts/dnrp/newsroom/newsreleases/2018/March/06-flood-maps-Renton.aspx
The maps, an excellent reference for residents before or
after the meeting, can be viewed can be viewed online at:
http://fema.maps.arcgis.com/home/item.html?id=de57308b1b674a2cb23f5afe0f83e888
______________________________________________________________________________________________________________
The affordable
housing dilemma
Though the city has benefitted from an increase of nearly
75,000 jobs between 2012 and 2016 and has seen a population
increase of 87,000 people in the past five years — thanks
in part to Amazon and other tech giants — affordable housing
can be hard to come by.

The affordable housing dilemma


______________________________________________________________________________________________________________
Love that home’s view?
See how much more
you’ll pay
A house with a fabulous view can be hard for a homebuyer
to resist. But seeing the mountains, water or city lights
from the comfort of home comes at a price. The hazy part
is figuring out what that added cost is — and whether it’s
worth it .
https://www.seattlepi.com/news/us/article/Love-that-home-s-view-See-how-much-more-you-ll-12773176.php
______________________________________________________________________________________________________________
Negotiation Skills in Business
Communication – Use Chaos
to Your Advantage at the
Bargaining Table
Veteran negotiators know improvisation in negotiation
is key to refining negotiation techniques

Negotiation Skills in Business Communication – Use Chaos to Your Advantage at the Bargaining Table


______________________________________________________________________________________________________________
Gross Domestic Product:
Fourth Quarter and
Annual 2017
Real gross domestic product (GDP) increased at an
annual rate of 2.9 percent in the fourth quarter of 2017
https://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
______________________________________________________________________________________________________________
Strategies for Successfully
Negotiating for Your
Dream Property
Information gathering, timing and broker representation
can all play a part
https://www.mansionglobal.com/articles/90839-strategies-for-successfully-negotiating-for-your-dream-property
______________________________________________________________________________________________________________
Dozens of LimeBikes end up
in Seattle homeowner’s yard;
some are laughing,
others aren’t
A family in Seattle’s Magnolia neighborhood woke up to
dozens of LimeBike rental bikes in their yard Tuesday
morning.
https://www.kiro7.com/news/local/dozens-of-limebikes-end-up-in-seattle-homeowners-yard-some-are-laughing-others-arent/699194630
______________________________________________________________________________________________________________
10 Houseplants
That Are Safe for Cats and Dogs
Choose these pretty plants to keep your furry friends safe.
https://www.realsimple.com/home-organizing/gardening/indoor/pet-safe-plants
______________________________________________________________________________________________________________
Portland 9 U.S. metro for
investing in commercial
real estate
PDX jumped up six spots over the past year,
and the Business Tribune found out why
http://pamplinmedia.com/but/239-news/390829-279910-portland-9-us-metro-for-investing-in-commercial-real-estate
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Seattle, other Wash. housing
values to continue boom
Seattle’s housing market has been hot, hot, hot for so
long now that it’s getting hard to remember what it was
like before. But just how hot? A new market forecast from
Veros, the VeroFORECAST, predicted how Seattle and
many other markets will do in the next year. Click through
to see the 10 that will grow the most and the 10 that
will lose the most according to the forecast.
https://www.seattlepi.com/seattlenews/article/Report-Seattle-other-Wash-housing-values-climb-12791735.php
______________________________________________________________________________________________________________
Housing bubble or not,
the real estate market is
in trouble
It’s simply the nature of a cyclical market.
https://www.nationalmortgagenews.com/news/housing-bubble-or-not-the-real-estate-market-is-in-trouble
______________________________________________________________________________________________________________
Buying A Home In A Rising
Interest-Rate Environment
As if homebuyers didn’t already face enough headwinds,
mortgage interest rates are now at their highest levels
since 2014 and the increase is likely to continue.
https://www.forbes.com/sites/forbesrealestatecouncil/2018/03/29/buying-a-home-in-a-rising-interest-rate-environment/#72662f776e02
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A Look at the Sketchy
Practices Inside the Hottest
Portland Real Estate Market
You’ve Never Heard Of
Peek inside a practice virtually unknown outside a
tight circle of house flippers
http://www.wweek.com/news/2018/03/28/a-look-at-the-sketchy-practices-inside-the-hottest-real-estate-market-youve-never-heard-of/
______________________________________________________________________________________________________________
Seattle home price gains
lead the nation for 17th
month in a row
Seattle yet again sports the nation’s fastest-growing
home prices, continuing a streak that has now
lasted 17 months.
https://www.geekwire.com/2018/seattle-home-price-gains-lead-nation-17th-month-row/
______________________________________________________________________________________________________________
What Do Higher Interest
Rates Mean?
Part 1: No More Refis
The developed world has lived with unnaturally
low interest rates for so long that it’s become
hard to imagine what life in a normal financial
system would be like.https://seekingalpha.com/article/4159393-higher-interest-rates-mean-part-1-refis
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data,
downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry
are housed in one easy-to navigate location containing
historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type),
Homes Sold by Region, Producer Price Indexes
(for Building Materials), Manufactured Homes,
New Home Characteristics,
Residential Vacancy & Absorption Rates,
Units Under Construction, Value of New Construction,
and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive
and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium
after the bubble of the past decade. Here’s a look at where
various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
_________________________________________________________________________________________ ____________________o
Seattle Architectural Styles
Through the Years
Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Facebook
Expands its Seattle Footprint
With New 150,000
Square Foot Westlake Office
Facebook today showcased its new 150,000 square foot
Westlake Office in South Lake Union
which will allow the company to grow its
presence in the Puget Sound region.

Facebook Expands its Seattle Footprint With New 150,000 Square Foot Westlake Office

Federal Reserve raises interest rates: What it means for your wallet
Consumers tend to pay far more attention to the swings in their March Madness brackets than the latest moves by the Federal Reserve
https://www.freep.com/story/money/personal-finance/susan-tompor/2018/03/21/federal-reserve-interest-rates-increase/442594002/
______________________________________________________________________________________________________________
Despite record home prices in Puget Sound area, economist says there’s no bubble
Seattle’s home prices hit a another record high recently, and even if you are not in the market to buy, economists say the market is having a ripple effect across Western Washington.
Despite record home prices in Puget Sound area, economist says there’s no bubble
______________________________________________________________________________________________________________
Existing Sales Increase 3 Percent in February
Existing-home sales increased 3.0% in February, but the first-time buyer share remained at 29%, compared to 31% a year ago.

Existing Sales Increase 3 Percent in February


______________________________________________________________________________________________________________
Zillow challenger Homesnap declared “Most Disruptive Startup” at TechCocktail’s SXSW Showcase
Zillow challenger Homesnap declared “Most Disruptive Startup” at TechCocktail’s SXSW Showcase
https://pando.com/2013/03/13/zillow-challenger-homesnap-declared-most-disruptive-startup-at-techcocktails-sxsw-showcase/
______________________________________________________________________________________________________________
Fed hikes interest rate to highest level in a decade
The move, the central bank’s first major decision under new Chairman Jerome Powell, was widely expected as the U.S. economy continues to strengthen and stock markets remain near record highs.

Fed hikes interest rate to highest level in a decade


______________________________________________________________________________________________________________
Mortgage rates edge up even as trade war worries loom ahead
Rates could bounce around in a narrow range for a while
https://www.marketwatch.com/story/mortgage-rates-edge-up-even-as-trade-war-worries-loom-ahead-2018-03-22
______________________________________________________________________________________________________________
Realtors will soon be free of 10-year-old Justice Department decree — so what happens to housing now?
Real estate traditionalists worry about technology, but upstarts haven’t been much of a rival to the mammoth Multiple Listing Service
https://www.marketwatch.com/story/realtors-will-soon-be-free-of-10-year-old-justice-department-decree-so-what-happens-to-housing-now-2018-02-06
______________________________________________________________________________________________________________
Mortgage rates clock a ninth straight weekly gain
Even as Treasury yields have bounced around, mortgage rates have marched steadily upward
https://www.marketwatch.com/story/mortgage-rates-clock-a-ninth-straight-weekly-gain-2018-03-08
______________________________________________________________________________________________________________
More Portland high-rise apartments rented as hotel rooms; many without required permits
Residents of downtown Portland’s Ladd Tower last year started noticing a growing number of strangers in their building’s lobby and elevators, often with luggage in tow.
http://www.oregonlive.com/business/index.ssf/2018/03/growing_number_of_high-rise_ap.html
______________________________________________________________________________________________________________
Home sellers now use spycams to gather intel on prospective buyers
As home security becomes more prevalent, its use by home sellers to record touring buyers raises questions
https://www.marketwatch.com/story/another-woe-for-home-buyers-is-the-house-spying-on-you-2018-03-13
______________________________________________________________________________________________________________
Why is Seattle home inventory so low?
Current homeowners are staying put—leaving fewer options for first-time buyers
https://seattle.curbed.com/2018/3/22/17153284/seattle-low-home-inventory-why
______________________________________________________________________________________________________________
Portland Community ToolBank shutters
The Portland ToolBank Community’s leaders said late Thursday the effort has closed.
https://www.bizjournals.com/portland/news/2018/02/23/portland-community-toolbank-shutters.html
______________________________________________________________________________________________________________
Portland Crane Watch
Portland is booming. All over the city, apartment buildings are on the rise, office buildings are coming up out of the ground and new hotels are reaching for the sky.
https://www.bizjournals.com/portland/maps/crane-watch
______________________________________________________________________________________________________________
New-Home Sales in U.S. Cool for Third Month as Prices Surge
Steady hiring and elevated consumer confidence are expected to support demand for housing.
http://www.nreionline.com/nrei-wire/new-home-sales-us-cool-third-month-prices-surge
______________________________________________________________________________________________________________
Existing-Home Sales Rebound 3.0 Percent in February
Despite consistently low inventory levels and faster price growth, existing-home sales bounced back in February after two straight months of declines, according to the National Association of Realtors®
https://www.nar.realtor/newsroom/existing-home-sales-rebound-30-percent-in-february
______________________________________________________________________________________________________________
Data Visualization: Existing-Home Sales
The information in this interactive data visualization is from Existing-Home Sales data. It shows you price and sales data for the month, and lets you compare it to prices and sales over the previous 12 months.
https://www.nar.realtor/infographics/data-visualization-existing-home-sales
______________________________________________________________________________________________________________
US existing-home sales climbed 3 percent in February
U.S. sales of existing homes rebounded in February after declining for the previous two months, a sign that many Americans are still looking to buy despite rising prices and a shrinking number of homes available on the market
https://www.seattletimes.com/business/us-existing-home-sales-climbed-3-percent-in-february/
______________________________________________________________________________________________________________
Construction Job Openings Near Post-Recession High
According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 250,000 at the start of the year. The post-recession high count of open, unfilled construction jobs was 255,000 in July of last year. The number of open construction sector jobs was 159,000, a year ago in January 2017.

Construction Job Openings Near Post-Recession High


______________________________________________________________________________________________________________
Homes are more affordable than ever in many cities — but not Portland
Thanks to low mortgage rates, homes in most metros are actually more affordable today than they were in 1990.
http://www.oregonlive.com/front-porch/index.ssf/2018/03/home_are_more_affordable_than.html
______________________________________________________________________________________________________________
Homeownership is Key to Household Wealth
According to the 2016 Survey of Consumer Finances (SCF), nationally, the primary residence represents the largest asset category on the balance sheets of households in 2016 (as shown in Figure 1 below).http://eyeonhousing.org/2018/03/homeownership-is-key-to-household-wealth/
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


_________________________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes,
New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles Through the Years – Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
RISE Properties Trust Acquires 239-Unit West Ridge Park Apartments in West Seattle for $72.45MM
……..On Thursday, March 22nd, the 239-unit West Ridge Park Apartments in the Delridge district sold for $72.45 million, or approximately $303,138 per unit, according to public records filed with King County. Grosvenor Group, a company that develops, manages and invests in properties worldwide, was the seller……

RISE Properties Trust Acquires 239-Unit West Ridge Park Apartments in West Seattle for $72.45MM


_

Time You Enjoy Wasting is Not Wasted Time”
Bertrand Russell, T. S. Elliot, Soren Kierkegaard, Laurence J. Peter, and others.

Mansion Global Daily: Buy Dubai, Seattle Construction Boom, and More
Mansion Global’s daily round-up of the latest luxury real estate news from around the world
https://www.mansionglobal.com/articles/90594-mansion-global-daily-buy-dubai-seattle-construction-boom-and-more
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‘No end in sight’: Even in winter, median home price in Seattle jumps $20K in a month to $777K
If hope springs eternal, we’ve got some bad news for hopeful home buyers before spring even gets here: housing prices in the Seattle region are still soaring, even during typically dark and dreary February.
https://www.geekwire.com/2018/no-end-sight-even-winter-median-home-price-seattle-jumps-20k-month-777k/
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Condos make up 7% of downtown Seattle’s residential construction pipeline
New, luxury towers have become the norm in Seattle—but most of them are for rent
https://seattle.curbed.com/2018/3/7/17092756/seattle-downtown-condo-shortage-development
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Despite record home prices in Puget Sound area, economist says there’s no bubble
Seattle’s home prices hit a another record high recently, and even if you are not in the market to buy, economists say the market is having a ripple effect across Western Washington.
Despite record home prices in Puget Sound area, economist says there’s no bubble
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Real Estate Report: Plan could bring high-end homes to former Westbrook golf course
Plans are in the works for high-end homes on a former golf course in Westbrook.
http://wgme.com/features/real-estate-report/real-estate-report-plan-could-bring-high-end-homes-to-former-westbrook-golf-course
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New home-price highs: $777,000 in Seattle, $950,000 on the Eastside
Home-sales data from February show median home prices smashed records in Seattle and the Eastside.
Hopeful buyers won’t have much luck elsewhere as median home prices grew at least 15 percent in every Puget Sound county.
https://www.seattletimes.com/business/real-estate/new-home-price-records-777000-in-seattle-950000-on-the-eastside/
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Housing market: Mortgage applications stall, along with interest rates
The start of the spring housing market has yet to energize the mortgage market, the latest numbers from the Mortgage Bankers Association show.
https://www.usatoday.com/story/money/personalfinance/real-estate/2018/03/07/housing-market-mortgage-applications-stall-along-interest-rates/402425002/
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Mortgage refinance share jumps 5% despite rising interest rates
The share of FHA refinances increased three percentage points from the previous month to 28% of all closed loans while the percentage of conventional refis rose four percentage points to 51% of closed loans in January.
https://www.housingwire.com/articles/42598-mortgage-refinance-share-jumps-5-despite-rising-interest-rates
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Tax Reform 2018 — Effects on Mobility
Gone or substantially modified are a number of provisions that were important to the movement of workers.
https://www.worldwideerc.org/gov-relations/us-tax-legal-resources/Pages/Tax-Reform-2018–Effects-on-Mobility.aspx
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USA & Canada Start DST on March 11, 2018
Most of the United States, Canada, and Mexico’s northern border cities start Daylight Saving Time (DST) on Sunday, March 11, 2018.
https://www.timeanddate.com/news/time/usa-canada-start-dst-2018.html
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History of Daylight Saving Time (DST)
Daylight Saving Time (DST) is used to save energy and make better use of daylight. It was first used in 1908 in Thunder Bay, Canada.
https://www.timeanddate.com/time/dst/history.html
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Historical Geographical Mobility/Migration Graphs
How many people are moving and when and where are they going?
https://www.census.gov/library/visualizations/time-series/demo/historic.html
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Mover Rate for Renters at Historic Low
Renters continue to move at a higher rate than owners
https://www.census.gov/library/visualizations/2017/comm/mover-rate.html
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Shaping the Market: Millennials and Real Estate Investing
It’s not easy for a 50-year-old person to speak for millennials, so I asked Jamie Fleetwood to work on this article with me. She’s worked closely with me for two and half years, bringing a relevant, youthful perspective to an array of topics.

Shaping the Market: Millennials and Real Estate Investing


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Investors Take Another Look At Affordable Housing
Some investors are beginning to see potential in the low-income single-family housing market.
https://www.bisnow.com/national/news/affordable-housing/investors-take-another-look-at-affordable-housing-85111?utm_source=MorningBrief&utm_medium=email&utm_campaign=20180220_seattle_morningbrief&be=laurie%40realestateways.com
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A New Housing Bubble Forming…Not Before 2024!
A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” like the one we experienced from 2006-2008.
https://www.keepingcurrentmatters.com/2018/03/08/a-new-housing-bubble-formingnot-before-2024/
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Evaluating the Housing Market Since the Great Recession
The special report reviews the evolution of the U.S. housing market, from the April 2006 bubble, to the March 2011 market-bottom, to the October 2017 peak (post-Great Recession).
https://www.corelogic.com/insights/corelogic-special-report.aspx
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Seattle Proposes New Tax on Businesses to Fund Affordable Housing
Washington State famously has no income tax, relying on sales and property taxes to fund everything from housing to transportation to education.
https://nextcity.org/daily/entry/seattle-proposes-new-tax-on-businesses-to-fund-affordable-housing
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Portland-area real estate: 15 neighborhoods where prices are rising fastest
Home prices across the Portland area aren’t rising as fast as they once were.
But in some cities and neighborhoods, they’ve still jumped more than 10 or even 20 percent in the past year.
http://www.oregonlive.com/expo/erry-2018/03/865450ddef/portlandarea_real_estate_15_ne.html
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Trade War Consequences For Housing
Tariffs and the possibility of an escalating trade war threaten the profitability of homebuilders, the housing recovery and the affordability of homes.
https://seekingalpha.com/article/4154248-real-estate-trade-war-consequences-housing
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Market Hotness Index
Metro Hotness – Zip Code and County Hotness

Market Hotness Index


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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes,
New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles Through the Years – Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Chloe Apartments in Seattle’s Capitol Hill Neighborhood Sells for $53.7MM
(EDITOR’S NOTE: The sales price for the property was $53.7 million, or approximately $458,974 per unit, according to King County records.)
Apartment Sales Brokers Dylan Simon and Jerrid Anderson of Colliers’ Seattle Multifamily Team closed the sale of Chloe Apartments in Seattle’s vibrant Capitol Hill neighborhood on Wednesday, March 7, 2018.
Chloe Apartments is a 117-unit, mixed-use apartment building located on one of the most activated corners in Capitol Hill, which continues to thrive as Seattle’s most hip, exciting neighborhood. Foodies and brunch enthusiasts alike are right at home in Chloe’s prominent anchor retail spaces, occupied by Skillet Diner and Marjorie Restaurant.

Equity Residential Acquires Chloe Apartments in Seattle’s Capitol Hill Neighborhood for $53.7MM


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Development Has Begun on Equity Residential’s $62MM 137-Unit Development in Seattle’s Capitol Hill Neighborhood
Equity Residential recently announced its plans to expand its Puget Sound region portfolio, with development recently started
on a 137-unit development located adjacent to the bustling Pike/Pine corridor in Capitol Hill.

Development Has Begun on Equity Residential’s $62MM 137-Unit Development in Seattle’s Capitol Hill Neighborhood


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“Some old-fashioned things like fresh air and sunshine are hard to beat.”

― Laura Ingalls Wilder

Milken Institute Releases Index of Best-Performing Cities
Top-20 includes Seattle, Portland Provo, Raleigh, Dallas, San Francisco, Nashville and Atlanta. Best-Performing Cities Ranking (Small Cities/Metropolitan Areas) include Bellingham and Wenatchee
https://www.prnewswire.com/news-releases/milken-institute-releases-index-of-best-performing-cities-300580649.html
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Tacoma, Olympia among top Growth Cities in 2017, U-Haul says
The self-service moving company says Growth Cities are calculated by the net gain of one-way U-Haul truck rentals entering a city versus leaving a city each year.
http://www.king5.com/article/news/local/tacoma-olympia-among-top-growth-cities-in-2017-u-haul-says/281-506744198
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Seattle extends streak as nation’s hottest housing market to 15 months
Although home-price growth across the Seattle metro area had cooled over the prior four months, price increases continued at a strong pace in November. Seattle’s streak is the longest for any U.S. city since 2001.
https://www.seattletimes.com/business/real-estate/seattle-extends-streak-as-nations-hottest-housing-market-to-15-months/
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Portland’s Hottest ‘Hoods: The Top 50 in 2017
Now it’s time to examine the top ZIP codes in Portland.
http://www.kgw.com/article/money/business/portlands-hottest-hoods-the-top-50-in-2017/283-511845945
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Led by Seattle and Las Vegas, home prices accelerate in November, Case-Shiller shows
Where are prices rising fastest? Hint: they’re going straight up, like a Space Needle
https://www.marketwatch.com/story/home-prices-accelerated-in-november-case-shiller-shows-2018-01-30
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Mortgage rates increase for Tuesday
Several benchmark mortgage rates advanced today. The average rates on 30-year fixed and 15-year fixed mortgages both trended upward.
https://www.bankrate.com/mortgages/rates/mortgage-rates-for-tuesday-january-30/
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Building science expert says we should prepare for the coming Stucco-Pocalypse
it was used on thousands of condos built in the nineties, where it caused the Leaky Condo Crisis. A major public inquiry concluded that the crisis caused “a litany of horrific experiences, personal tragedies, and dashed dreams” endured by homeowners. It hasn’t gone away either; there are still thousands of units that need repair.
https://www.treehugger.com/green-architecture/building-science-expert-says-we-should-prepare-coming-stucco-pocalypse.html
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Pending home sales eke out 0.5 percent gain in December as supply shrinks to record low
The supply crisis is hitting housing hard, as strong demand quickly eats up what few listings there are.
https://www.cnbc.com/2018/01/31/pending-home-sales-eke-out-gain-in-december-as-supply-hits-record-low.html
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15 months and counting: Seattle retains title as the nation’s hottest housing market
Home prices in Seattle continue to climb faster than any other city in the nation, giving the Emerald City the title of the hottest housing market for the 15th straight month.
https://www.geekwire.com/2018/15-months-counting-seattle-retains-title-nations-hottest-housing-market/
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Property-tax bills in King County are among the nation’s highest — and growing fast
The average property-tax bill across King County has jumped 35 percent in the last four years, due to quickly climbing property values and newly approved tax hikes.
https://www.seattletimes.com/business/real-estate/property-tax-bills-in-king-county-are-among-the-nations-highest-and-growing-fast/
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2018’s Housing Market Looks Good Unless You’re A First-Time Millennial Buyer
The nation’s housing market for 2018 continues to look good, according to two recently released reports. But first-time millennial buyers will continue to struggle with affordability, especially in high-priced areas like Los Angeles, San Francisco, Boston, New York and Washington DC.
https://www.forbes.com/sites/ellenparis/2018/01/29/2018s-housing-market-looks-good-unless-youre-a-first-time-millennial-buyer/#19d4f4b41885
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Higher property-tax bills to hit King County next month
The state’s new schools-funding plan will be responsible for about two-thirds of the county’s 17 percent average increase, according to King County Assessor John Wilson.
https://www.seattletimes.com/seattle-news/politics/higher-property-tax-bills-to-hit-king-county-next-month/
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Eastside home prices break record; Capitol Hill area hits $1 million median
Single-family home prices on the Eastside, Seattle’s Capitol Hill area and Pierce County all broke record highs in December, as did condo costs across King County, during what is normally a slow time of year for homebuying.
https://www.seattletimes.com/business/real-estate/eastside-home-prices-surge-to-new-record-capitol-hill-area-hits-1-million-median/
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Wellness is the new luxury, as multimillion dollar condos get healthy
When the WELL building standard was introduced I thought it was silly, especially when it launched with a $ 50 million penthouse offering vitamin infused showers
https://www.treehugger.com/green-architecture/wellness-new-luxury-multimillion-dollar-condos-get-healthy.html
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‘Warm Shell’ Properties Best for Buyers Who Want One-of-a-Kind Home
Investors may find more value in a move-in ready, commoditized unit
https://www.mansionglobal.com/articles/87608-warm-shell-properties-best-for-buyers-who-want-one-of-a-kind-home
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Portland makes another national list: Cities where wage gap keeps women from homeownership
What’s lesser known: the gender wage gap in the city hits prospective women homebuyers especially hard compared to men looking to buy.
http://www.oregonlive.com/trending/2018/02/portland_makes_national_list_i.html
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ODOT open house provides information and gathers feedback on interstate toll proposal
Congestion along I-5 and I-205 is a problem that is only growing, both in Clark County itself and across the Columbia River in Oregon. To alleviate the congestion on the Oregon side of the river, the Oregon Department of Transportation (ODOT) is examining value pricing, or tolls, on parts of I-5 and I-205.
http://www.clarkcountytoday.com/news/open-house-on-tolls-collects-input-from-county-residents/
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Trial of Portland Businessman Begins
Rich is accused of real estate fraud, civil theft, and other violations.
http://www.kztv10.com/story/37387480/trial-of-portland-businessman-begins
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Rents Were Flat In Seattle In January: Report
The monthly rental market report from RENTCafé gives a glimpse at how expensive rentals are in Puget Sound cities.
https://patch.com/washington/seattle/rents-were-flat-seattle-january-report
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Single-Family Sector Boosts Housing Production in 2017, More Gains Expected this Year
Nationwide housing starts fell 8.2 percent in December to a seasonally adjusted annual rate of 1.19 million units after an upwardly revised November reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
https://www.nahb.org/en/news-and-publications/press-releases/2018/01/single-family-sector-boosts-housing-production-in-2017.aspx
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes,
New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
_________________________________________________________________________________________________________________________________________________________________
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive Compilation of Weekly Survey Data for 2018
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles Through the Years – Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
Motif Hotel in Downtown Seattle Sells for $145MM
The Motif Seattle, a luxury hotel located in the heart of downtown Seattle, recently changed hands.

On Tuesday, January 30th, the 319-room Motif in downtown Seattle sold for $145 million, or roughly $454,545 per room,
according to public records filed with King County. The buyer was an entity affiliated with Hong Kong-based Junson Asset Management.
Junson acquired the hotel property from Charlotte, North Carolina-based Barings, a global financial services firm. The transaction was recorded on February 1st.

Motif Hotel in Downtown Seattle Sells for $145MM as Part of $800 Million Portfolio

The new year stands before us, like a chapter in a book, waiting to be written. We can help write that story by setting goals.

~Melody Beattie
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Here are four housing predictions for 2018
Entry-level home prices could increase up to 11%
https://www.housingwire.com/articles/42184-here-are-four-housing-predictions-for-2018
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New year, new tax brackets. Here’s where you stand
New rates are 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent
https://www.cnbc.com/2017/12/29/heres-where-you-stand-in-the-new-2018-tax-brackets.html?recirc=taboolainternal
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Tax bill 101: What the new law means for homeowners
The good news is that in 2018, you’re probably getting a tax cut. The individual rates fall across the board. The new law not only lowers rates across all seven tax brackets, but lowers the threshold for each bracket. This applies to taxpayers who file jointly as well.
https://www.curbed.com/2017/12/20/16797590/tax-bill-salt-real-estate-mortgage
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Cost Of Living Is Surging In These Major Cities And What It Could Mean For 2018
Seattle and Portland in the top 7! Nearly a decade after the 2008 recession and housing crash, much of the U.S. has fully recovered. As a result, most of the country is experiencing a rise in the cost of living, especially as home prices return to and surpass pre-crash levels
https://www.forbes.com/sites/andrewdepietro/2017/12/28/cost-of-living-is-surging-in-these-major-cities-and-what-it-could-mean-for-2018/#17ac874971c6
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Mortgage rates drop in opening week of 2018
Housing market gets a breather before anticipated interest-rate hikes
https://www.marketwatch.com/story/mortgage-rates-drop-in-opening-week-of-2018-2018-01-04
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Utah County couple sends $91,000 to fraudster who posed as real estate agent
A Utah County couple is hoping the FBI can help them recover $91,000 they lost when sending a wire transfer they thought was part of the purchase of a new home, but turned out to be a fraud.
http://kutv.com/news/local/utah-county-couple-sends-91000-to-fraudster-who-posed-as-real-estate-agent
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CoreLogic Home Price Insights
The Home Price Insights Report is your source for the most comprehensive and current home price trends.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_180102_T4LtD&elqTrack=true#
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Tax Changes Could Hurt Affordability At High End Of The Housing Market
The new tax law is forcing a lot of people to reconsider whether they want to buy a home and how much they can pay, and that could affect housing prices, says Mark Zandi, chief economist at Moody’s Analytics.
https://www.npr.org/2018/01/02/573798749/tax-changes-could-hurt-affordability-at-high-end-of-the-housing-market
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The rapid rise of new Seattle: Time-lapse video shot over 3 years captures city’s massive growth
Here’s the 4-minute video you’ve been waiting for to illustrate why a 4-mile drive in Seattle takes 45 minutes

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The Power of Visualization
The Power of Visualization – 5 Tips that will change your experience
http://www.sportpsychologytoday.com/sport-psychology-for-coaches/the-power-of-visualization/
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King County says homeowners can’t prepay property taxes to avoid big 2018 hit
King County Assessor John Wilson warned of a “one-two punch” coming at homeowners.
https://www.bizjournals.com/seattle/news/2017/12/27/king-county-assessor-property-tax-prepay-deduction.html
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Value of U.S. housing market climbs to record $31.8 trillion
The total value of all homes in the U.S. increased in 2017 to a total $31.8 trillion, according to the latest report from Zillow.
https://www.housingwire.com/articles/42176-value-of-us-housing-market-climbs-to-record-318-trillion?eid=311687380&bid=1960766
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Will the economy bust out in 2018?
The U.S. economy in 2018 may finally unload some of the baggage that has slowed it down since the Great Recession ended in 2009.
https://www.usatoday.com/story/money/economy/2018/01/01/economy-bust-out-2018/988606001/
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Housing market could shift under new tax law
Despite the raging bull market in stocks, housing has been an even better investment for most of us.
https://www.washingtonpost.com/realestate/2018/01/02/2e2ff048-efcc-11e7-b390-a36dc3fa2842_story.html?utm_term=.c68fe83c80c0
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Home prices are set to soar in 2018
Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.
https://www.cnbc.com/2018/01/02/home-prices-are-set-to-soar-in-2018.html
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New year, new tax brackets. Here’s where you stand
New rates are 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent
https://www.cnbc.com/2017/12/29/heres-where-you-stand-in-the-new-2018-tax-brackets.html?recirc=taboolainternal
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When a $1 million retirement nest egg isn’t enough
Considering the looming retirement savings shortfall, experts say there are only two ways out: Earn more or spend less.
https://www.cnbc.com/2017/12/29/in-retirement-a-1-million-nest-egg-isnt-enough.html?recirc=taboolainternal
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Avoid this $16 billion headache in 2018
You can avoid this by making timely updates of all of your account passwords, including the credentials you use to access your investment and banking accounts.
https://www.cnbc.com/2017/12/27/change-your-passwords-to-avoid-a-16-billion-headache-in-2018.html
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Here are the most valuable housing markets in the US
The value of the nation’s housing stock grew by 6.5 percent to $31.8 trillion this year — with Los Angeles and New York City far outpacing the rest of the country’s top-valued metro markets and Miami landing at No. 4.
http://www.businessinsider.com/here-are-the-most-valuable-housing-markets-in-the-us-2017-12
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_________________________________________________________________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes,
New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive Compilation of Weekly Survey Data for 2017
http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles Through the Years – Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________

Gaw Puts San Francisco and Seattle as Target Markets for new $400MM Commingled Fund
Los Angeles-based Gaw Capital Advisors has put both San Francisco and Seattle among its target markets for its Gaw U.S. Fund III commingled fund, as stated in a board meeting document from the Ohio Bureau of Workers Compensation Fund.

Gaw Puts San Francisco and Seattle as Target Markets for new $400MM Commingled Fund

“People will forget what you said, people will forget what you did, but people will never forget how you made them feel.”
– Maya Angelou

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Mortgage refinance applications surge 9 percent as rates fall back
Interest rates on home loans are now significantly lower than a year ago, and that may be bringing more homeowners back to their lenders to refinance.
https://www.cnbc.com/2017/12/06/mortgage-refinance-applications-surge-9-percent-as-rates-fall-back.html
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Mortgage rates spike in the wake of bond sell-off
Rates for home loans rose but are still lower than their long-term averages, mortgage provider Freddie Mac said Thursday.
https://www.marketwatch.com/story/mortgage-rates-spike-in-the-wake-of-bond-sell-off-2017-12-07?mg=prod/accounts-mw
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Hotels around the world are feeling China’s capital controls, Hyatt CEO says
China’s crackdown on outbound capital has seen corporates’ global shopping spree slow in the past year
https://www.cnbc.com/2017/12/07/chinas-capital-controls-are-being-felt-in-parts-of-the-hospitality-sector-hyatt-ceo.html
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If you own a cheaper house, you’re in the money
Home prices on the low end of the market are rising at twice the pace as those on the high end.
https://www.cnbc.com/2017/11/28/if-you-own-a-cheaper-house-youre-in-the-money.html
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Want That House? You’d Better Pay in Cash
Meagan Freeman and her boyfriend have been looking for a midprice house in the Seattle area for six months but keep running into a hurdle: cash buyers swooping in and snatching up their properties.
https://www.msn.com/en-us/money/realestate/want-that-house-youd-better-pay-in-cash/ar-BBGfsQD?srcref=rss
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These holiday gifts could increase the value of your friend’s home
Helping a loved one spruce up their home can boost the return they receive on a sale
https://www.marketwatch.com/story/these-gifts-can-increase-your-friends-home-value-by-thousands-2017-12-04?dist=realestate
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As house prices rise, this is how much more you need to save for a down payment
Home prices are expected to continue rising in the year ahead — and that means buyers will have to work even harder to build up a down payment. Real-estate website Zillow, which is based in Seattle, predicted that home buyers there will need to save an additional $394 per month to keep pace with rising prices.
https://www.marketwatch.com/story/as-prices-rise-this-is-how-much-more-home-buyers-need-to-save-for-a-down-payment-2017-11-09?dist=realestate
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New-home sales surge to the highest in a decade as year-to-date sales rise 9%
The housing cycle grinds on, with slow and steady momentum
https://www.marketwatch.com/story/new-home-sales-surge-to-the-highest-in-a-decade-as-year-to-date-sales-rise-9-2017-11-27
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More Americans are buying new homes that haven’t even been started yet
By this measure, buyers haven’t been so eager to give builders their money since 2005.
https://www.marketwatch.com/story/more-americans-are-buying-new-homes-that-havent-even-been-started-yet-2017-11-29
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These 4 colors can be the kiss of death when selling your home
Painting your home with a weird color either inside or out could repel prospective buyers
https://www.marketwatch.com/story/these-4-colors-can-be-the-kiss-of-death-when-selling-your-home-2016-08-23?dist=realestate
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Paint your bathroom this color and boost your home’s selling price by $5,400
Home prices increased in September at their fastest pace in more than three years, according to the latest S&P CoreLogic Case-Shiller Indices released by S&P Dow Jones and CoreLogic.
https://www.housingwire.com/articles/41902-case-shiller-home-prices-rise-at-fastest-pace-since-2014
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Have You Served? 5 Reasons You’ll Want a Veteran-Friendly Real Estate Agent
That’s why you need a savvy real estate agent to guide you. And while any agent technically can help with a VA purchase, an agent who’s particularly experienced with military buyers can help you better navigate the process.
https://www.realtor.com/advice/buy/veterans-military-need-specialized-real-estate-agents/
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As more Americans become rent-burdened, homelessness rises in the costliest areas
Sky-high housing costs aren’t just straining Americans’ budgets. They’re increasing homelessness.
https://www.marketwatch.com/story/as-more-americans-become-rent-burdened-homelessness-rises-in-the-costliest-areas-2017-12-06
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Reverse Mortgages Costing Some Older Americans Their Homes …
Since the financial crisis, the reverse mortgage market has been in flux, dampened by a drop in property values, complaints about the loans and the recent departure of big lenders. Originations backed by the federal government peaked at about 115,000 in 2007 and totaled about 51,000 loans last yea

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Fannie and Freddie Overhaul Plan Takes Shape on Capitol Hill
Congress still has a long way to go before resolving the most significant overhang that remains from the 2008 financial crisis. But a consensus is emerging around principles for overhauling Fannie Mae, Freddie Mac and the U.S. mortgage-finance system
https://www.bloomberg.com/news/articles/2017-12-07/lawmakers-plans-to-overhaul-fannie-and-freddie-come-into-focus
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FHA increases loan limits in nearly every area of U.S. for 2018
More than 3,000 counties to see increases
https://www.housingwire.com/articles/42038-fha-increases-loan-limits-in-nearly-every-area-of-us-for-2018?eid=311687380&bid=1945664
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Lean in, homebuyers: Survey says lenders loosening mortgage standards
In recent months, standards on debt-to-income ratios, minimum down payments and student loan debt have been made less stringent
http://www.chicagotribune.com/classified/realestate/ct-re-1203-kenneth-harney-20171127-story.html
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$500,000 for a 1-bedroom: Condo shortage worse than ever in King County
Condo prices continue to soar even faster than single-family-home costs, which kept up their historic streak last month. Even amid a construction boom, the number of new condos isn’t growing much because most developers are building apartments instead.
https://www.seattletimes.com/business/real-estate/500000-for-a-1-bedroom-condo-shortage-worse-than-ever-in-king-county/
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FBI: Hackers scam homebuyers out of millions — and it’s getting worse
if you’re buying a house and heading to settlement, you could still be far more vulnerable than you think to the fastest-growing form of real estate cybercrime in the U.S.: thefts of home-purchase money wired to complete closing transactions. The scam generally works like this: Hackers find an opening into a title company’s or realty agent’s email account, track upcoming home purchases scheduled for settlements — the pricier the better — then assume the identity of the title agency person handling the transaction.
http://www.chicagotribune.com/classified/realestate/ct-re-1105-kenneth-harney-20171030-story.html
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$5 billion worth of Southern California real estate faces significant fire risk
Just over 86,000 homes in Ventura and Los Angeles counties are at some level of risk. Their combined reconstruction value is $27.7 billion, according to CoreLogic.
https://www.cnbc.com/2017/12/08/5-billion-worth-of-southern-california-real-estate-face-significant-fire-risk.html
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Millennials Are Taking Over Real Estate—but They’re Going Deeper Into Debt, Too
Millennials are quickly ascending in the world of real estate, taking out the greatest share of all new mortgages and buying up the most homes in the lower price tiers
https://www.realtor.com/news/trends/millennial-mortgage/?iid=rdc_news_hp_carousel_theLatest
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The profits made from flipping homes continues to shrink
Home flipping profits continue to be squeezed by a dwindling inventory of distressed properties available to purchase at a discount.
https://www.cnbc.com/video/2017/12/07/the-profits-made-from-flipping-homes-continues-to-shrink.html
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Homeownership doesn’t build wealth, study finds
Households are better off taking control of their finances than relying on fluctuating home values. That is the finding of a new study conducted by Florida Atlantic University, Florida International University and the University of Wyoming.
https://www.cnbc.com/2017/11/16/homeownership-doesnt-build-wealth-study-finds.html
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The World’s Most Popular Tiny Homes You’ll Fall in Love With
Tiny homes have never been more fashionable. A simple search for #TinyHouseMovement on photo sharing site Instagram will have you scrolling for hours through photographs of breathtaking tiny homes. We’ve picked out some of the most popular.
https://www.msn.com/en-us/money/realestate/the-worlds-most-popular-tiny-homes-youll-fall-in-love-with/ss-BBFViKk#image=1
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8 homes built in very unusual locations
Whether they’ve become disillusioned with rising property prices, or prefer to distance themselves from city life, a number of individuals have taken to building their homes in unusual locations across the globe.
Who would have thought that these unconventional places could be someone’s home? Click ahead to check them out.
https://www.msn.com/en-us/money/realestate/8-homes-built-in-very-unusual-locations/ss-AAuymRd
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly).
Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as:
Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes,
New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today. http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive Compilation of Weekly Survey Data for 2017 http://www.freddiemac.com/pmms/archive.html
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Seattle Architectural Styles Through the Years – Real Estate Changes by Decade
http://blog.seattlepi.com/seattlewaterfronthomes/2010/07/23/seattle-architectural-styles-through-the-years-real-estate-changes-by decade/ _________________________________________________________________________________________ _________________________________
594,100-Square Foot Development in Belltown Denied at Early Design Guidance Meeting
Seattle’s Belltown neighborhood has been experiencing its fair share of commercial development projects coming through the pipeline, but one project will not yet proceed to the next stage of the Design Review Process. “The applicant will have to return for second EDG meeting because the Landmark Preservation Board will need to provide their input on the project,” said downtown board member Anjali Grant at an Early Design Guidance meeting held on Tuesday, December 5th.

594,100-Square Foot Development in Belltown Denied at Early Design Guidance Meeting


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“Gratitude makes sense of our past, brings peace for today, and creates a vision for tomorrow.”
~ Melody Beattie
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U.S. housing starts vault to one-year high; permits increase
U.S. homebuilding jumped to a one-year high in October as disruptions caused by recent hurricanes in the South faded and communities in the region started replacing houses damaged by flooding
https://www.reuters.com/article/us-usa-economy-housing/u-s-housing-starts-vault-to-one-year-high-permits-increase-idUSKBN1DH1NP?il=0
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Home builder confidence hits 8-month high in November
The nation’s home builders may not be happy with the Republican tax plan, but they are seeing more buyers, and that is boosting confidence.
https://www.cnbc.com/2017/11/16/home-builder-confidence-hits-8-month-high-in-november.html
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Foreclosures dropped to lowest on record, Fed data show
It’s been widely reported that the housing market has returned to pre-crisis health: sales of distressed homes are at a 10-year low, and prices are charting new highs in many metros.
https://www.marketwatch.com/story/foreclosures-dropped-to-lowest-on-record-fed-data-show-2017-11-14
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Why rentals are up, and what it means for the housing market
Some housing firms are deploying a new build-to-rent model
https://www.marketwatch.com/story/why-rentals-are-up-and-how-it-affects-the-housing-market-2017-11-13
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Nearly half of the top housing markets in the U.S. are overvalued
The CoreLogic Home Price Index and Forecast for September 2017, released this month, found that 24 of the top 50 markets based on housing stock are overvalued.
https://www.washingtonpost.com/news/where-we-live/wp/2017/11/14/corelogic-nearly-half-of-the-top-housing-markets-in-the-u-s-are-overvalued/?utm_term=.015ce091cd67
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Weekly mortgage applications rise as rates briefly fall back
Homeowners took advantage of a pullback in interest rates at the beginning of last week, hoping to refinance before the next rise.
https://www.cnbc.com/2017/11/15/weekly-mortgage-applications-rise-as-rates-briefly-fall-back.html
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Mortgage rates spike to four-month high as tax reform drives bond sell-off
Will 2018 be the year rates finally ‘lift off’?
https://www.marketwatch.com/story/mortgage-rates-spike-to-four-month-high-as-tax-reform-drives-bond-sell-off-2017-11-16
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Fannie, Freddie re-enter low income housing tax credit market
Mortgage giants Fannie Mae and Freddie Mac announced they are now re-entering the Low Income Housing Tax Credit market, the federal program which encourages invement of equity into affordable rental housing.
https://www.housingwire.com/articles/41840-fannie-freddie-re-enter-low-income-housing-tax-credit-market
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Will the Housing Bubble Burst in 2018?
Home prices continue to escalate, and talk of another housing bubble is brewing. But is there any truth to it?

Will the Housing Bubble Burst in 2018?


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HOW PORTLAND BECAME A HIPSTER UTOPIA
How did this frontier city, roughly the size of Kansas City, create such a buzz?

How Portland Became a Hipster Utopia


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Seattle perspective: How does Amazon change a city’s real estate market?
If anyone knows what it’s like to have Amazon open a headquarters in their city, it’s the people of Seattle
http://www.wfaa.com/news/local/dallas-county/seattle-perspective-how-does-amazon-change-a-citys-real-estate-market/492142118
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City to tax Airbnb, short-term rentals
The Seattle City Council has voted to tax operators of short-term rentals, such as those listed on Airbnb.
http://www.djc.com/news/re/12106087.html
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On the Block: U Village looks like another senior housing hub
Why won’t aging and retired Seattle baby boomers sell their single-family homes? Much has been made about the shortage of housing supply, the lack of turnover, as obstacles to creating more or cheaper units.
http://www.djc.com/news/re/12106112.html?cgi=yes
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Portland’s residential housing boom
Big modern houses and accessory dwelling units are a fixture of Portland’s new housing stock.
https://www.oregonbusiness.com/article/item/18092-by-the-numbers-portlands-residential-housing-boom
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Portland home sellers must get energy audit
Starting in January, anyone shopping for a newly listed house in Portland can get a rough estimate of the property’s energy bills, via a Home Energy Score.
Portland home sellers must get energy audit
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THE SEATTLE CONDO BLOG
October 2017 Seattle Condo Update
Historically, Seattle experiences a bump in real estate sales during October (between the end of summer and start of fall) and this year was no different.

October 2017 Seattle Condo Update


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How many foreign-buyers are shifting focus from Vancouver to Seattle?
It has been 15 months since a foreign-buyer tax was implemented in Metro Vancouver and Chinese buyer inquiries for the region haven’t collapsed, says Juwai.com.

How many foreign-buyers are shifting focus from Vancouver to Seattle?


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Five Things You Need to Know About Selling a Condo
Thinking of selling your condo? Whether you live in the condo or own it as an investment property, if you’re ready to sell your home, it’s time to talk to a qualified real estate agent in your area.
https://www.coldwellbanker.com/blog/five-things-you-need-to-know-about-selling-a-condo/
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CoreLogic Home Price Insights
The CoreLogic Home Price Insights report features an interactive view of our home price analysis through September 2017 with forecasts from October 2017 including live maps.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_171107_VD1RB&elqTrack=true#
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The MarketPulse Report
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/imgs/research/the-marketpulse-vol-6-issue-11-november-2017-screen-111517.pdf
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx
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“October is the fallen leaf, but it is also a wider horizon more clearly seen. It is the distant hills once more in sight, and the enduring constellations above them once again.”
~Hal Borland
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Portland rally attacks rent stabilization ballot question
More than 100 people attend the event, at which landlords, real estate agents and developers highlight potential problems with the ballot question aimed at curbing rising rents.

Portland rally attacks rent stabilization ballot question


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Was September the sign of a bigger market cool down?
Then again, listings often fall off by about 30 percent every September and October, compared to the spring and summer months. And in the winter, they drop off even more. Every price drop feels like a annual change.
http://www.businessinsider.com/seattle-is-the-hottest-real-estate-market-in-the-country-2017-9
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MLS Brokers Detecting Seasonal Slowdown in Some Areas But Expect Price Hikes to Continue in Much of Washington
MLS figures for September show inventory reached 1.7 months of supply at the end of the month, matching the year-to-date high in February. That level is still well below the 4-to-6 months of supply that many industry analysts use as an indicator of a balanced market.
http://www.northwestmls.com/index.cfm?/News–Information
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Renters think the housing market is finally loosening up, fueling a sudden optimism among homebuyers
All year, the overwhelming sentiment in the housing market has been frustration. Too few homes for sale drove prices sky high and led to fierce competition among buyers, especially at the entry level.
https://www.cnbc.com/2017/10/10/whats-behind-the-sudden-optimism-among-homebuyers.html
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Hurricane history favors U.S. building suppliers
There are 600,000 homes in Texas and Florida alone that need re-roofed or repaired and results over the next month will give some sign of how much the resulting squeeze on building materials will benefit suppliers over the next year.
http://www.reuters.com/article/us-construction-supplies/hurricane-history-favors-u-s-building-suppliers-idUSKBN1CE10V
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Mortgage rates surge to 10-week high but a dovish Fed may quash that move
Rates for home loans jumped in the latest week following a smaller rise in U.S. Treasury yields, mortgage provider Freddie Mac said Thursday, yet they remain pinned below the closely watched 4% threshold.
http://www.marketwatch.com/story/mortgage-rates-surge-to-10-week-high-but-a-dovish-fed-may-quash-that-move-2017-10-12
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California wildfires threaten thousands of homes worth tens of billions, CoreLogic says
A summer of high water and rampaging fires hasn’t been kind to homeowners
http://www.marketwatch.com/story/california-wildfires-threaten-thousands-of-homes-worth-tens-of-billions-corelogic-says-2017-10-10
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Boomers won’t own their home free and clear before retirement
Lagging previous generations in outright homeownership
https://www.housingwire.com/articles/41510-fannie-mae-boomers-wont-own-their-home-free-and-clear-before-retirement
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Why big cities thrive, and smaller ones are being left behind
You don’t want to be hit by a recession in a city like Steubenville, Ohio. Eight years into the economic recovery, there are thousands fewer jobs in the metropolitan area that joins Steubenville with Weirton, W.Va., than there were at the onset of the Great Recession. Hourly wages are lower than they were a decade ago. The labor force has shrunk by 14 percent.

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Scrap the mortgage interest deduction
The real American dream is more about the broad prosperity and ample opportunity that derive from strong economic growth than it is about purchasing a house.
http://www.chicagotribune.com/news/opinion/editorials/ct-edit-mortgage-deduction-trump-tax-reform-20171003-story.html
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Why more millennials with student debt are qualifying for mortgages
Millennials contributed $514 billion to the housing market over the past year and became the largest group of U.S. homebuyers, real estate site Zillow reports. Still, they lag behind where previous generations were at their age.
https://www.cnbc.com/2017/10/03/zillow-the-top-2-reasons-more-millennials-cant-buy-homes.html
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Hipsters create hot housing markets
Farm-to-table restaurants, dive bars, breweries and independent record stores give a city a “hipster” vibe – and also attract unexpected home buyers.
https://www.bizjournals.com/bizwomen/news/latest-news/2017/10/hipsters-create-hot-housing-markets.html
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3 great little places to stay in Portland, Oregon
As Pacific Northwest home prices have soared, it seems hotel rates have been panting to keep up. On a recent foray to this City That Likes to Call Itself Weird, a check of a favorite little neighborhood hotel found peak-season rates starting at almost $300 a night. Yikes.
https://www.seattletimes.com/life/travel/3-great-little-places-to-stay-in-portland-oregon/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx
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“This Weeks Links” are compiled by John Deely