Posts tagged Seattle Magazine
As Featured in Seattle Magazine: The Condo Conundrum

Seattle is the fastest-growing large city in the US with home prices rising more than any other metro area in the nation. That means developers are building new condominiums at a record clip, right?  Nope, it’s actually the opposite. There is currently a real shortage of in-city condominiums, resulting in high median home prices, rising by 19-percent year-over-year in November 2017 to $660,000 – about the same value as the median home price in King County. And 94-percent of the projected 27,000 new housing units to be built in downtown Seattle this decade will be for rent and not for sale, leaving many to scratch their heads. This topic was recently explored by The Seattle Times and King 5 TV News as prospective buyers have literally camped out overnight to book their opportunity to own. So, what gives? Here are ten reasons why consumers consider condos, but most developers don’t.

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Transportation Initiatives in Puget Sound

In 1907, when Seattle annexed Ballard, Ravenna and West Seattle, transportation meant nothing more than sailing routes, roads, bridges and sometimes cow paths. Today, transportation networks are technological systems whose scopes range from international airport instruments to GPS-enabled devices on your dashboard or in your pocket. New applications are transforming every mode and aspect of transportation, integrating it ever more closely with our daily activities. Meanwhile, governments struggle to keep the public infrastructure aligned with this all-encompassing transformation.

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FutureCast Forum's After Hours Event Furthers a Discussion About Seattle in 2020 and Beyond

Scores of guests assembled at MG2 Architecture in downtown Seattle during an evening reception on September 28th about the future of the Seattle and Bellevue metro area in the next decade. The town hall-like event was a continuation of provocative conversations started during the BISNOW “State of the Market” event hosted earlier in the week, which was attended by more than 400 industry stakeholders and local media.

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