Thanks to a perfect storm of chaotic local and world events, 2020 was a year like no other for landlords and tenants in Washington. A vaccine has been approved for emergency use to help bring an end to this global health crisis, so what should we expect in real estate in 2021? At VerraTerra, we’ve…
So you’ve been thinking about renting the home you currently live in. Then, the world was dealt a crappy hand. 2020 has turned everything upside down. Should you change your plans? If you move forward with your rental plan, what new things do you have to consider in light of the health issues we are…
What Property Management Firms Are Doing in the Midst of Coronavirus As the COVID-19 pandemic continues to spread, property management firms are coming up with novel and brilliant ideas to help thwart its continued spread. We are currently living through an event that is unprecedented in terms of the world’s response. Businesses are looking to…
It’s been said, there is an opportunity in every crisis. This is true, especially in the real estate market. It’s true, even in the Seattle market where current median prices are upwards of $650,000 and selling for nearly $500 per square foot. What’s the real estate opportunity when we’re facing a global crisis? Let’s explore….
On Saturday, March 28, 2020, Governor Inslee’s office published an update to the Stay-Home order and defined specific real estate activities as essential. https://www.governor.wa.gov/news-media/inslee-issues-additional-guidance-funerals-and-real-estate-transactions-letter-tribal While the update is not specifically direct at the property management industry, we share the same purpose and need as the real estate sales industry (we also share the same state…
Will the Seattle housing market in 2019 be better for buyers or sellers? Check out the Seattle housing market forecast 2019. In April 2018, the median home price in Seattle hit $819K to the tune of a $43K increase in one month! Buyers panicked. But in late November, signs of a change in the Seattle housing…
Are you wondering about the housing market in 2018 in the state of Washington? What’s the forecast for the upcoming year? To learn what’s going on, check out our in-depth guide! Are you planning to sell your Washington home in the upcoming year? Maybe you want to build long-term wealth investing in rental properties. With…
So How is the Market? A question I get all the time. It’s been a while since I did some in-depth analysis on how the market is, so let’s take a look. October’s sales numbers are in from the NWMLS and there are some positives as well as negatives to take from it . In…
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