Seattle’s low supply of real estate inventory is nothing new to us in 2016, but an added roadblock has been brought to light. For those of you who aren’t familiar with Airbnb, they provide an outlet for hosts and travelers to connect and “book unique accommodations anywhere in the world.”
According to the company’s website, travelers can search for entire homes, apartments, private rooms, and shared rooms to temporarily live in.
Gaining popularity, many homeowners are using Airbnb while they’re away, in order to create cash flow in their absence. Unfortunately for the housing market, an added 1000 units are being used as Airbnb rentals by people who do not reside in them.
Since gaining popularity in 2013, crowdfunding is a resource that many have become familiar with. Used on a smaller scale by those seeking financial help for unexpected emergencies, crowdfunding became a nationally known phenomenon through the collaboration of GoFundMe and social media platforms.
What you may not be familiar with, however, is crowdfunding’s increasing traction among real estate investors.
In fact, Times Realty News called real estate crowdfunding “one of the most successful niches in the fast-growing U.S. crowdfunding industry” in their 2016 Real Estate Crowdfunding report.
To put this into perspective, real estate crowdfunding raised $1 billion in 2014 and $2.5 billion...
What do London, Paris, and Dubai have in common? Aside from being the most popular cities in the world to visit, none of them are the new hotspot for Chinese real estate investors.
In fact, through an impromptu IP search, Amy Bohutinsky, chief marketing officer at Zillow, found that the second most popular United States search destination for users in China was Bellevue, and the fifth was Seattle.
Wondering how the greater Seattle area became so popular? It provides “luxuries” that China is lacking: clean air, space to move around, and the opportunity to own land.
“In China, you purchase a land lease and after a certain amount of time, usually 75 years, the land goes back to the government...
Event categories ranged from renovated basements to major remodeling jobs, honoring the committed green renovators of King and Snohomish County.
In addition to winning the 'Major Remodel Excellence' award for 'Whole House/Rebuild - $300,000-$500,000', the 803 32nd Ave. S. project was also nominated for 'Bath Excellence - $35,000-$55,000' and 'Kitchen Excellence - less than $50,000'.
LimeLite Development was selected by independent remodeling professionals based on: aesthetics, special or unique design solutions, quality workm...
Going green is more than a trend for LimeLite Development, it’s our company mantra. As many others begin to see a growing need for environmentally-friendly construction, we’d like to offer some suggestions on creating a greener, more sustainable tomorrow starting with your home.
Reduce, Reuse, Recycle Starting with the basics, recycling materials is an easy and often affordable solution to implement into your home renovation/construction or daily routine. Recyclable items you can find around the house include: reclaimed wood, concrete, windows, framing, shingles, etc.
Taking this a step further, you can buy recycled materials from a variety of local stores; saving you money on your remodel.