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
June 17, 2020

Inslee extends eviction moratorium

Update August 2020: Governor Inslee announced on 7/24/2020 an extension of the evictions ban in place across the state through October 15, 2020.

 

Gov. Jay Inslee extended protections for renters today as COVID-19 continues to impact the finances of Washingtonians statewide.

The governor first proclaimed a moratorium ...

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Posted in Market News
Feb. 10, 2020

Thoughts on the Housing Shortage:

We’re missing 225,000 housing units.  From the year 2000 to 2015 there were 225,000 housing units that should have been built in Washington state but were not.  Various reasons and issues created this gap - the recession, construction costs, a diminished labor force in the building industry ...

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Posted in Market News
Jan. 9, 2018

Tax Reform Summary for Commercial Real Estate

On Dec. 22, President Trump signed the Tax Cuts and Jobs Act into law making sweeping changes to the tax code. There is some good news for commercial real estate with 1031 like-kind exchanges for real estate being retained. The Historic Tax Credit for certified historic structures has also been ...

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Posted in Market News
Sept. 15, 2017

Multifamily Real Estate Market Report Q1-Q3 Puget Sound Region

Our Market | King County
 
 
286
2017 YTD Number of Sales.

 
$261,132 
2017 YTD Avg. Sales Price per Unit. 

 
$291
2017 YTD Avg. Sales Price per Square Foot.

 
32 
2017 YTD Avg. Days on Market.


4.2%
Average (Actual) Cap. Rate 



$1 ...
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Posted in Market News
May 31, 2017

Landlords file lawsuit against Seattle law that caps move-in fees

The Rental Housing Association of Washington filed suit on Tuesday claiming Seattle’s new cap on move-in fees for rentals is a form of rent control, which is unlawful in Washington State. The law, which passed unanimously in December, requires landlords to offer a six-month installment plan for tenants to pay ...

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Posted in Market News
April 13, 2017

Tacoma Multifamily Market Stats | April 2017

Tacoma Multifamily Market Stats | April 2017

 

Median Sales Price

 

Months Supply of Inventory for Sale

 

Posted in Market News
March 23, 2016

Dupre + Scott Apartment Advisors presentation to the Rental Housing Association on March 23rd, 2016

Here are slides from their presentation to the Rental Housing Association on March 23rd: Is the apartment market going bananas? The presentation consists of four stories (development, rents, investment, and the future) to give you a better understanding of critical apartment market trends in the Puget Sound region. 

 

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Posted in Market News
March 11, 2016

March 10th, 2016 | Dupre & Scott Seattle Apartment Sales Market Update

We just finished our annual study of line-item operating expenses for our Apartment Expense Report. As important as we believe this research is, we have to admit that we cringe every February when we're faced with a stack of year-end statements waiting to be analyzed one line at a ...

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Posted in Market News
Feb. 18, 2016

February 18th, 2016 | Dupre & Scott Seattle Apartment Sales Market Update

People are moving into the Puget Sound region from all over the world. In total, 10,700 people moved here last month. That's up a little from January of last year when 10,100 people moved here. What we're counting are the number of peope who turned in ...

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Posted in Market News