Archive for May, 2011
Land Use Activity – Apartments Galore
With Seattle’s low apartment vacancy rate it seems everyone wants a piece of the action. I’ve highlighted a number of the larger downtown high-rise apartment proposals on the Seattle Condos and Lofts blog but it seems they’re sprouting up all over the city. One real estate investment company filed applications for several projects in Seattle’s…
Mortgage Rate remain low, historically
Recently, I’ve been hearing some fretting amongst home buyers about interest rates heading into the 5’s. It’s been a few years since rates have gone above 5% so many may not know how good they have it. The graph belows shows rates for a 30-year fixed mortgage over the past 20 years. Even if…