News! News! News!
I have plenty of News! News! News! It's January and that can only mean one of many many things. For me, and seemingly every news source, that means focusing on Seattle's Rental Market.
Wait, you're not thinking about this? Ok, I don't blame you. If you want to dip your toe, here are a bunch of articles I've been checking out. I've also included some fun stuff as well.
I'm gonna start with something kinda cool.
One of my favorite podcasts interviewed one of my new favorite musicians about her song about one of my favorite things to do (tour homes). Here is a link to the Song Exploder episode about Courtney Barnette's song Depression. I love this song a lot. I hope you enjoy it too.
Do you want free rent this year? Dust off your essay writing skills. King 5 has the story here. I would love to see more landlords offer up apartments this way.
Crosscut has an article asking, "Is There Still Room For Artists In Seattle?" If anyone wants to reach out and talk about the possibility of finding commercial space for temporary rent, please give me a call. I'm very interested in pursuing this in 2016.
Light Rail is opening to the U-District earlier than expected and under budget. This is going to change the face of every neighborhood connected to the Light Rail system. Dedicated transit to UW will open up many parts of South Seattle to university students.
Here is a generic breakdown of what you can expect to pay for rent in 10 Major US Cities. Not much of an article, but it's interesting that they point out Seattle's high price per square foot.
Along this trend, Seattleites paid $10.2 Billion in rent in 2015.
Seattle isn't the only expensive place to rent. Rents are up nation wide. And rising fast!
USA Today (not my daily source for news) says that rental hikes nationwide are not going to let up anytime soon. One researcher blames us millennials late blooming as part of the reason. This is an article you can skip.
Because I work with buyers and sellers as well as renters, here is an article about people my age staying out of the first-time home buyers club. Some of this feels pretty familiar.
If this news has you feeling a Cap Hill Funk, the Homo For The Holidays crew has your new theme song.
Welp, that's it for today. I hope you're doing well. When you want help looking for your new home, give me a call.