Market News

Dec. 7, 2023

2023 Landlord Fairness Code Initiative - info

As a landlord within the city of Tacoma, here is what you need to know about the 2023 Landlord Fairness Code Initiative:

 

The 2023 Landlord Fairness Code Initiative, also known as Measure 1, is a ballot measure that passed in the City of Tacoma November 2023 general election. The ...

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Posted in Market News
May 9, 2023

Is Seattle A Good Market For Real Estate Investing? Here’s The Latest Trends

By Melanie Kershaw

seattle skyline

Let’s face it, Seattle isn’t about to land itself on any hottest lists of affordable places to invest any time soon. But a lack of bargains doesn’t mean that there aren’t opportunities to be had. For those who own Seattle property or find a suitable investment in ...

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Posted in Market News
April 12, 2023

Multi-Family Seller Solutions - Spring 2023

By Chelsea Shapiro, Sr. Broker

Seller Solutions: "I've sold my property... what now??"

We are frequently asked about post disposition investing and tax strategies, and the answers have become more complicated recently. Here's a few strategies that we've been diving into lately and have compiled resources for ...

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Posted in Market News
Jan. 31, 2023

2023 Q1 Market Analysis

 

State of the Market: 

We’re sifting through the data for 2022 and looking ahead at 2023 and wanted to bring you the stats, takeaways and predictions of the multifamily market in the Puget Sound Region.

Our Team: had a great 2022 with lots of highlights:

  • Ranked #1 in ...
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Posted in Market News
Dec. 8, 2022

Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade

By Taylor Marr

 

We expect home sales to sink to their lowest level in more than a decade in 2023 as high mortgage rates keep housing costs up and prevent people from moving. High homeowner equity and a resilient job market will stave off a wave of foreclosures.

Mortgage ...

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Posted in Market News
Oct. 20, 2022

Q3 2022 State of the Market and Data

 

By Chelsea Shapiro, Senior Broker

 

We live in a 24/7 real time, instantaneous kind of world, but in the real estate industry most things operate on a 90 day cadence.  Why?  That’s often the timeframe it takes to get a property ready for market, under ...

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Posted in Market News
Sept. 30, 2022

The Fed Basically Admitted It. They Want a Housing Correction

By: Dave Meyer

This week, the Federal Reserve hiked the federal funds interest rate 75 basis points, which was widely expected. But there is more to Fed meetings than the headline rate hikes, and this particular meeting provided us with new data and insights that show the clearest picture yet ...

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Posted in Market News
Aug. 29, 2022

Housing Recession Deepens

Source: https://www.nahb.org/blog/2022/08/housing-recession-deepens

In the bi-weekly newsletter Eye on the Economy, NAHB Chief Economist Robert Dietz provided the following overview of the nation’s economy and its impact on the housing market.

Rising mortgage rates, high inflation, low existing inventory and elevated home prices ...

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Posted in Market News
June 29, 2022

7 Reasons Why Home Values Won't Collapse

 

Half-full glasses and optimism are hard to come by lately and so often cynicism rules the day when it comes to economic forecasts for our country. Despite all that, I am choosing a set of rose-colored glasses for our outlook on the housing industry, and believe there is ample ...

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Posted in Market News
Nov. 19, 2020

Top 10 Misconceptions About 1031 Exchanges for 2020

For 2020, here are our latest top 10 misconceptions we’ve found that the public has about 1031 Exchanges.

    1. COVID-19 pandemic 1031 Extensions 
    2. Replacing Debt
    3. The Term Like-Kind
    4. Vacation and Second Homes Qualify
    5. Reverse Exchange
    6. Partial Exchange
    7. Qualified Intermediary Advice
    8. Identification Rules
    9. Timing Deadlines
    10. Loans, Equity & Tax Basis
  1. COVID-19 ...

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Posted in Market News