Zillow and Trulia could lose a huge of amount of listing data as the result of a judge's decision this week in San Francisco Superior Court.

Zillow Group filed a restraining order last month against News Corp. to keep ListHublistings on Trulia. That move followed News Corp.-owned ListHub's announcement earlier this year that it would terminate its contract with Trulia 16 months early.

News Corp.'s decision to end the contract was a reaction to the competition brought on by a combined Zillow-Trulia, as News Corp. bought Zillow rival Move Inc. last year.

March 16, 2015

Apartments Being Built At Record Clip In Bellevue and Seattle

Apartments in Downtown Bellevue and Downtown Seattle are being built at a record.  You would think with more supply the rents would go down; however, the opposite is happening.  To read the entire article click here

Posted in Real Estate News
Feb. 4, 2015

Buy near a Starbucks?

If you're looking to invest in a new home that will appreciate in value the most, make sure there's a Starbucks nearby.That's the conclusion of new research by Seattle-based real estate site Zillow, which analyzed the impact of Starbucks on surrounding home prices.

The study found that while the value of the average American home appreciated 65 percent over the last 17 years, to $168,000, homes within a quarter mile of a Starbucks appreciated 96 percent, to $269,000, according to the study excerpted from the new book "Zillow Talk: The New Rules of Real Estate" by CEO Spencer Rascoff and chief economist Stan Humphries by the website Quartz.

Some might argue Starbucks only moves into neighborhoods where property values are already higher, or that any coffee shops like Dunkin' Donuts drive up values.  To read the full article,  click HERE -

Posted in Real Estate News
Feb. 4, 2015

Seattle-Bellevue Area Apartment Scene

In 2014 the apartment rents and occupancy rate rose.  Over 8,000 new units are forecasted in 2015, but expected to be absorbed quickly because of the continued robust job growth.  To read the full article, CLICK HERE

 

Posted in Real Estate News
Jan. 23, 2015

The 10 Hottest Neighborhoods of 2015

 

The next best thing. That’s what makes up Redfin’s list of hottest neighborhoods of 2015. Homebuyers priced out of the urban hipster havens and upscale enclaves on the national real estate brokerage’s 2013 and 2014 hot lists are widening their search. But even compromise is costly: The median home price for a next-best Seattle neighborhood is $615,000.

Affordability in areas where house hunters wanted to buy—not job insecurity or low inventory—was cited for the first time since 2012 in a December home-buyer survey by the brokerage. Aside from that gargantuan issue, many things seem to bode well for home buying. You’ve got low interest rates on mortgages, signs of growth in the labor market, and such changes as the one by Fannie Mae and Freddie Mac to back home mortgages when buyers make a 3 percent down payment, rather than the previous bar of 5 percent. But while consumers expect wage growth this year,  it’s not materializing yet in any broad-based way.

Find the full article HERE

 

 

Posted in Real Estate News
June 5, 2014

Tavern Hall Bellevue Opens Soon

Tavern Hall will open its doors in downtown Bellevue as early as July 15. And if the ambitious 9,500-square-foot restaurant in the former Munchbar space ends up being half as impressive as it sounds, it could more than justify the drive across Lake Washington. Some familiar names in the local food scene are behind the concept, including brothers Marc and Bret Chatalas (Cactus) and James Weimann and Deming Maclise (Stoneburner, Von Trapp's,Bastille, Macleod's, Poquitos). 

 

The globetrotting Weimann and Maclise's obscure, weird, and gorgeous fixtures lined up to fill the space should be a draw: Tavern Hall will house salvaged lanterns from Coney Island, church windows from Portland, and the complete facade from a former psychiatric hospital hauled in from New York State.

 

Read the full article here!

 

 

 

Posted in Restaurants