Category Archives: Real Estate

Seattle’s Own Housing Affordability Efforts Could Worsen Displacement

by Carolyn Bick

Conversations around what the City of Seattle is doing to combat its burgeoning affordability crisis have been dominated by discussions of Mandatory Housing Affordability (MHA) and Housing Affordability and Livability Agenda (HALA) policies. Some neighborhood groups are concerned these projects will not create the expected amount of affordable housing, while worsening the effects of redlining –– and a report from the City of Seattle supports the notion that the effects of MHA have the risk of disproportionately impacting communities of color.

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Why the Landlord Lobby Should Fear the Washington Tenant Movement

by Gina Owens

Washington tenants face skyrocketing rents, unduly harsh eviction laws, and weak enforcement of tenant protections. Several years ago, I was in a car accident that rendered me disabled and unable to work. While I was in the process of getting Social Security Disability approved, I was evicted because I could not pay my full rent. Prior to the accident, I had had two decades of good rental history, but that did not protect me.

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Cooperatives Offer Affordable Housing Alternative to Seattleites

by Will Sweger

As housing prices in Seattle continue skyward and the specter of gentrification looms, cooperative housing stands as a largely untapped alternative model.

Seattle led the nation in home price increases this summer. Recent data released from Northwest Multiple Listing Service places Seattle’s average single-family house at $666,500. The affordability of rentals hasn’t fared much better. The average monthly rent for a one-bedroom apartment increased 38 percent from 1998 to hit $1,412. Continue reading Cooperatives Offer Affordable Housing Alternative to Seattleites

State of Seattle’s Real Estate Feeding Frenzy

by Dorothy Driver

The headlines and local news broadcasts can’t stop talking about the hot Seattle real estate market. A recent Seattle Times article reported 41 offers for an uninhabitable property in West Seattle over the 4th of July holiday, making it the topic of every coffee-shop-and-water-cooler-conversation in the City when we went back to work.   With June  statistics now available, I thought it would be interesting to see what is happening in our Southeast Seattle neighborhoods. Continue reading State of Seattle’s Real Estate Feeding Frenzy