News for Renters, Buyers, and Donut Lovers

Mostly I read the news to stay up on such important events like the June 3rd celebration of National Donut Day but there’s been a fair amount in recent weeks for buyers and renters. Here’s a quick synopsis.

CNN Money says buy in Seattle, but Seattle Times says troubled market is shifting younger generation’s sentiment to rent. Then again, it might just be a matter of lifestyle.

PSBJ says to expect new highs for Seattle apartment rents, while new apartment complex, The Station, tests how high rents can go when connected to Seattle by light rail (btw: still 12% below new apartments in Seattle).

And from Seattle Times, landlords might have the upper hand in this market with disappearing incentives in desirable neighborhoods, but the typical renter can’t afford a 1-bedroom apartment says the Seattle PI.

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  • Me

    And the argument for “Buy” is historic price appreciation combined with the lack of a pronounced slump in home prices?! I read that more as a recipe for future depreciation. Also consider that large employers like Boeing and Microsoft hold up the regions income levels. And once those start failing… what’s left?

  • phil

    Thankfully, nowadays we have craigslist to get a realistic idea of the rental market.  I always get a kick out of the folks who get quoted in these newspaper reports – they expect perfection and a low rent.  It’s usually one or the other folks.

  • phil

    Thankfully, nowadays we have craigslist to get a realistic idea of the rental market.  I always get a kick out of the folks who get quoted in these newspaper reports – they expect perfection and a low rent.  It’s usually one or the other folks.

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