Being a University of Washington alum, I am very psyched about the renovation of Husky stadium. In case you haven’t been following the progress, this is what the stadium looks like without the south side stands, which have been removed and a video of a flyover of Husky stadium once the renovation is complete. Not too shabby.
http://seattle.sbnation.com/washington-huskies/2011/12/21/2651349/washington-husky-stadium-renovation-video-roof-demolition

Here is a great article that appeared in the Seattle Times last November about the stadium renovation.
http://seattletimes.nwsource.com/html/localnews/2016706901_huskystadium07m.html

And for my Washington State Cougar friends---I do see you have a new coach and your football program is moving up. I personally think it would be great if a past alum (say Paul Allen) would donate a large amount of cash to upgrade the Cougar athletic program. It is a lot more fun when respective colleges can compete on an equal level, and any given team could win on any given weekend.

That being said, I remember the first time I drove to Pullman years ago to visit WSU. After driving through town a couple of times, I pulled up to the gas station and asked them how to get to Pullman? He replied, “you’re in Pullman”. I thought, “really”

I recently did an open house in Greenlake near the University of Washington. It was a townhome and had 2 offers on it by the end of the first weekend (and it was snowing heavily). Homes near the University of Washington go quickly when they are priced right, as do homes near downtown Seattle.

People frequently ask me about the real estate market in Seattle and I tell them it is GREAT! No you probably aren't going to get rich by selling that house you bought in 2006, but the market is churning. There are lots of buyers for homes near downtown Seattle and the University of Washington. There is however alot of inventory as well. The consequence of this is that if homes don't sell right away, they tend to languish on the market. A valid seller strategy used to be to price high, then reduce the price if it doesn't sell. In this market, buyers are turned off by price reductions, they assume that if there is one, there will be three, and so they wait.

There are many tools available for buyers to find homes near the university of Washington www.uwstudenthouses.com is one, another favorite tool is www.centralseattlehomes.com .

Dan Sanchez

Homes for sale near UW and downtown Seattle

Seattle Investment Property and A Recession - Make an Informed Decision

Many people are caught in a dilemma when deciding whether to buy or sell Seattle investment property during a recession. A recession lowers property prices, which opens up an opportunity for investment. You may also want to sell your property and liquidate your investment.

Many people are caught in a dilemma when deciding whether to buy or sell Seattle investment property during a recession. A recession lowers property prices, which opens up an opportunity for investment. You may also want to sell your property and liquidate your investment.

If you have access to funds or credit, you should consider investing in real estate during a recession when prices dip sharply. Keep in mind that risks also go up and care should be taken when investing. The Seattle investment property should be inspected professionally before buying. Some of the homes may need extensive renovations.

Do not rely on pictures to make your investment decision. Plan an actual visit to the property and work with a qualified property inspector. Careful research should be done to avoid poor investing choices. This will help you find the best deals in the market and let you take advantage of the incredible savings offered by the recession.

Remember not to invest all of your money because the recession can lead to other things like retrenchment and poor business across the boards. You still need to have enough savings to cushion yourself.

On the other hand, selling during a recession may result in losses if one purchased a Seattle home before the economic downfall. A homeowner may consider selling in order to avoid further losses; however experts usually discourage this. If you are a homeowner, the best thing to do is keep your property until the economy improves, if at all possible.

When times are really tough you should consider putting your Seattle property up for rent. As foreclosures increase, the rental market opens up.

An economic recession brings about rough times but you can take advantage by either buying investment property or renting out what you own. When the recession ends, your property will regain its value eventually and you will be better off financially.

Related posts:

1. Buying Bothell Land As an Investment (11.2)
2. Bothell Condo Investment Opportunities – Are They Worth It? (9.7)
3. Fast And Safe Sale Of Shoreline Wa. Real Estate Property (9.6)
4. Seattle Condos Why More Singles are Buying Condos (8.8)
5. Real Estate Investment in Shoreline, Wa.-Putting together a Business Plan (8.3)

Multi-Gen Housing Trend

The popularity for multi-generational living in 2009 was at an all-time high registering 51.4 million Americans living in a multi-generational home according to the Pew Research Center.

The perfect storm for shift for multi-generational housing can be attributed to several factors; necessity, closeness to culture. The slowdown in the economy has left many young adults between the ages between 25-34 unemployed, many have opted to move back home with their parents. Pew reports that this group has the largest growth (16.8%) amongst those living in multi-generational households during the period between 2007-2009.

According to the Pew report Asian, Hispanic and black families are twice as likely to share multi-generational housing.

Multi-generational available homes

Seattle currently has 21 homes that are either ready for multi-generational living or have a floor plan that can easily be converted into separate living areas.

A good example of a multi-generational home is one that just came on the market in the popular Seattle neighborhood of Ballard. This light filled craftsman home has been completely remodeled featuring 2 bedrooms, fireplace, stainless steel appliance upstairs and completely updated mother-in-law apartment in the basement with a private entrance.

View all of the multi-generational homes in Seattle.

This blog is courtesy of Adrian Willanger at Coldwell Banker Danforth & Associates 206 909-7536 helping people buy and sale homes in the Greater Seattle area

Related posts:

1. Seattle Green Builder freshens up marketing to reflect trend towards Zero-energy(7.1)
2. Housing Sales Trends in Seattle’s Ballard Neighbohood (6.5)
3. Extremely Low Housing Inventory in Lake Forest Park (6.4)
4. People-centric Homes in Seattle near completion (6.3)