The Specialist in Seattle Real Estate
The Oregon legislature has just passed a bill requiring listing agents to reject “Love Letters” from prospective buyers. The new law, which doesn’t go into effect until January 2022, prohibits “any communication other than customary documents from a homebuyer, including photographs.” Often these letters contain details that disclose personal details that include protected class information. …
The owners of Northgate Mall, Simon Property Group, have announced a massive redevelopment plan for the Northgate Mall. Simon is calling it a ‘complete re-imagining’ of Northgate Mall, even though Northgate is already getting a major overhaul with the addition of the Northgate Light Rail station due to open in 2021. The redevelopment will include …
Days On Market (DOM), Cumulative Days on Market (CDOM), and What It Means to a Buyer When it comes time to purchase a home and negotiate an offer there are numerous things to consider. One piece of data that is often misinterpreted by home buyers is Days On Market (DOM) or Cumulative Days On Market …
State and local tax deductions are capped at $10,000 (Disclaimer: I am not a tax expert and do not take this information as tax advice. I’ve just collected some news reports and I’m repeating what I heard here) Currently, taxpayers can deduct what they pay in state and local property, income, and sales taxes from …
Zillow has just put out a press release that estimates the location and number of homes that would be at risk of becoming underwater if sea levels continue to follow scientist’s projections by the year 2100. This is speculative, but worth considering if you own or plan on owning a waterfront property or property in …