Archive for the ‘Real Estate News’ Category

Just Sold in Bellevue!

We just sold this Woodridge view home in Bellevue – for 32% above asking!

Just Sold - Collins BLOG

Just Listed in Seattle!

We just listed this Cedar Park home on 0.48 acres…

Just Listed - Haining Estate BLOG

Just Sold on Camano Island!

We just sold this modern Craftsman on Camano Island…

Just Sold -Johnson BLOG

Just listed in Tukwila!

We just listed this Rambler in Tukwila…

Just Listed RWalker BLOG

Just Listed in Kirkland!

We just listed this Laurel Park Condo in Kirkland’s Houghton neighborhood…

Just Listed - Thomson BLOG

University District Upzoning News

The Seattle City Council is debating the Mayor’s proposed upzone for the University District. The rezone will direct growth to the blocks near the Sound Transit (opening in 2021) and the UW campus. Heights for some residential projects may exceed 320’ at the core and transition down to 30’ in residential zones. Five thousand (5,000) new market rate units are anticipated in addition to approximately 600-900 subsidized units.

Some are encouraging the council to adopt the upzone package as a critical measure to address the housing supply crisis and prudent complement to the region’s tremendous investment in light rail. The University District has suffered for many years with struggling retail, crime and declining housing quality throughout much of the district. Additional features of the upzone include new planned open spaces, preservation of historic buildings, and building design standards to promote an attractive and welcoming streetscape.

The upzone proposal is controversial. Many residents of the University District and nearby neighborhoods oppose increase heights and densities over concern that there will be a loss of existing affordable units and related displacement. Some are calling for a significant increase in the percentage of subsidized units required if a project is to take advantage of increased height allowances.  Excessive subsidy requirements will chill or kill needed projects, or make the market-rate units unaffordable to middle-income earners now struggling to find housing within the city.

The upzone is a part of the HALA Grand Bargain which through upzones throughout Seattle will bring 50,000 homes, including preservation and production of 20,000 net new affordable homes, over the next 10 years. HALA implementation is important and going on now. Visit this site for more information please visit: https://hala.consider.it/

From the Seattle King County Realtors Association

Just Sold in Seattle!

We just sold this classic Mid-Century Modern home in Olympic Manor…

Just sold McCants BLOG

Just Sold in Seattle!

We just sold this home in the Loyal Heights neighborhood…

Just Sold- Baldridge BLOG

Just Sold in Federal Way

We just sold this Federal Way home in the Mirror Lake neighborhood…

Just Sold- Buss BLOG

Just Listed in Seattle!

We just listed this condo in the iconic 1300 University building…

Just Listed - T&L BLOG