Quick insights from the economic community as the world faces a second wave of COVID infections this winter,
Bruce A. Kahn, CCIM, CPM, Principal and Designated Broker for The Foundation Group discusses property management, vacancy and rental rates during the current COVID and political environment with Bob Wright and Mike Walsh.
The recent tax reform added two provisions that could impede first-time homebuyers. Under the new tax law, the standard deduction has doubled to $24,000 for married couples ($12,000 for individuals).
A King County judge has struck down a new Seattle rule requiring apartment landlords to rent to the first qualified person who applies for tenancy. Landlords sued a year ago, saying the “first-in-time” rule passed by the City Council in 2016 violates state protections for rights of property, due process and free speech.
The perception is that Seattle is the most challenging place in the Puget Sound region to develop real estate, but new data suggest this is not the case.
Land in the city is too expensive to build affordable housing. Or is it? They’ve got a plan—and it could mean 1,000 new apartments for the workers who keep Seattle running.