The Next Housing Bubble In Seattle – Apartments?

Seattle Skyline

  I just read a great article today about apartment developers who face a potential supply bubble.  It highlighted some very important points that are worth considering as we examine the next 5-7 years in the Seattle market. We are in massive cycle of apartment development.  Just this last year, we've seen an incredible amount of new projects get underway. … [Read more...]

Downtown Seattle Rental Market Update

Downtown Seattle Rental Inventory

  I've been getting emails from readers about the lack of condo inventory for rent. So I thought it might be interesting to see whats actually on the market. I don't always track the inventory on Craigslist, but I do watch the available properties on the MLS.  I was surprised to see that there are only 28 total units in downtown Seattle for rent. I know most of you … [Read more...]

Downtown Bellevue Rental, 2 Blocks From Bellevue Square

1200 Bellevue Way

If you are looking for vertical living in Downtown Bellevue, you might check this place out.  The project is refered to as 1200 Bellevue.  They are zero lot-line homes, built in 2007.  I've been in a number of these units and they are a great alternative to a condo rental.  This particular unit (#106) has 2 bedrooms, 1.75 baths and is 1,575sf.  It features granite counters, … [Read more...]

Downtown Seattle Rental Analysis

Seattle

Are any of you as surprised as I am about the lack of condo rental inventory in Seattle?  I typically check the availability once a day.  Good units that are priced well rent very quickly. Just out of curiosity, I thought I would look into what the Downtown Seattle inventory looks like as of today. Before I get started, remember that rentals are not all listed in one place. … [Read more...]

Want To Rent A Bellevue High-Rise?

High-Rise Living

Looking to try high-rise living?  Just this week Bellevue Towers and One Lincoln Tower have units that hit the rental market.  These are my two favorite residential towers in Bellevue. They both have great amenities and soar among the other towers at 42 and 43 stories (24 hour concierge, spa, pool, game room, owners lounge, terrace, fitness facilities, hotel services … [Read more...]

For Rent At Cristalla, Great Corner Unit, One Floor Below The Penthouse

Cristalla Rooftop Deck

Project: Cristalla Neighborhood:  Downtown MLS #189746 Looking for a sweet pad to rent in a downtown Seattle high-rise?   I noticed this 22nd floor south facing unit at Cristalla.  Cristalla is simply one of Seattle's most beloved condo projects.  It was designed by Weber-Thompson, developed by Murray Franklin and completed in 2005. This particular unit is a 1 bed + … [Read more...]

2200 Westlake Rentals For Less Than $2,000

2200 Westlake

Project: 2200 Westlake Neighborhood: South Lake Union For those of you interested in 2200 Westlake, there are (2) two units available for less than $2,000 per month.  1504 is located in the Pan Pacific or North Tower.  It just hit the market today for $1,895 per month. Unit #S503 is 858sf.  A corner unit with good views and a wrap around deck. Quick Facts … [Read more...]

Just Listed | 3 Bedroom Loft In Capitol Hill

714.ext.1

JUST LISTED 714 Bellevue | Capitol Hill |  Seattle Asking Price $2,395 Per Month 714 Bellevue Way E, #102 Seattle, Wa 98102 3 Bed | 3 Bath 1635 Square Feet 2 story loft, 20 foot ceilings & private patio! Freshly cleaned, 2 story corner unit with views! Truly a unique space with over 1600sf. Expansive floor plan, wall of windows and incredible … [Read more...]

If You Don’t Have Professional Photos, Fire Your Agent

Great_Picture_Debate

Are you ready?  I'm going to put the professional photography discussion to bed. I'm calling my experiment the "The Great Picture Debate". Continue reading. Over the last decade, the debate over professional photography has heated up.  In may opinion, it should not even be a discussion.  If you broker doesn't use professional photos, I would encourage the following: Step … [Read more...]

Seattle Rents To Rise 25%

Pomeroy-View

A couple of interesting notes on the Seattle rental market: Seattle Rents to Rise 25% In an article by Marc Stiles of the Daily Journal of Commerce.  He noted that Seattle Rents are expected to rise by 25%. Apartment development is heating up and to understand why turn to page 4 of Dupre + Scott Apartment Advisors' new report. The Seattle company says Puget Sound-area … [Read more...]

Before You Rent Your Condo, Read This

Rent

There are a number of issues that can occur when renting your condo.  You should watch out for these common pitfalls.  If you don't, you could be in for a nightmare experience. Try to follow this simple checklist as you prepare to rent out your property: Check the credit, criminal and background of your tenant. Why would you let just anyone stay in your home for 12 months … [Read more...]

5 Steps To Leasing Your Condo

5-steps-to-leasing-your-condo

Renting your condo?  Try these 5 steps to ensure you stand out when being compared to other units: Set The Right Rents Rents  will vary depending on location, the building type and available inventory. The key is to "never" try to set your rents too high.  You should try to rent your condo at similar rates to other condos of the same product type. A rental analysis is … [Read more...]

Your Questions About Seattle Condos, My Answers.

Seattle Condo Questions?

What were Seattle condo buyers and sellers curious about this weekend?  Well, I pulled a list search terms people used this weekend that ended up helping them find UCS.  See below as I have answered each question (in red): October 18, 2010 08:10:51 when was the olive 8 condos built (2009) October 18, 2010 03:39:39 escala ave (These people were probably … [Read more...]

Reduce Your Rent With A Longer Lease

Bellevue Towers

In our market over the last 2-3 years, there have been a lot of people renting homes and condos as they wait for the market to recover.  Others have been forced to rent due to short sales or foreclosure. If you are a renter and plan to do so for an extended period of time, don't be afraid to negotiate with your future landlord.  There are a number of terms you can change. … [Read more...]

UCS Condo & Home Leasing Service

UCS.MadPark.3

Need to rent your home or condo? Whether you are a first time owner or a savvy real estate investor the hassle of leasing your home can be overwhelming.   Urban Condo Spaces makes leasing your home or condo hassle-free while saving you time, money and heartache. Our condo and home leasing service includes the following, but keep in mind that it can also be tailored to meet … [Read more...]