By Angie Hicks Tribune News Service From bringing in passive income to creating more space for family fun, accessory dwelling units have a lot of uses. If you have some extra space on your property, consider making it useful by building an ADU. ADUs, or accessory dwelling units, refer to secondary homes, houses or apartments that
... continue reading.Housing
Seattle-area first-time homebuyers may not see much relief this year
By Victor Whitman Special to The Seattle Times The Seattle-area housing market, one of the least affordable in the country, could become even tougher this year as buyers continue to face higher costs and more competition for starter homes. Along with the unexpected sunny weather of last month, the market saw more listings and sales
... continue reading.More concrete, less green: A cautionary tale about upzoning from South Park
By Alex Fryer Seattle Times Opinion columnist You don’t need a crystal ball to see the future of Seattle residential neighborhoods envisioned by Mayor Bruce Harrell. Just go to South Park. In 2019, this diverse South Seattle enclave was upzoned to accommodate more housing. The result was called “Residential Small Lot,” and it models what
... continue reading.The new report on homelessness shows a catastrophe for WA
By Danny Westneat Seattle Times columnist In some ways, the report to Congress last week that homelessness is surging wasn’t news in Seattle or the state. People living under bridges has long been part of the fabric here. Plus the local count showing the largest number of homeless people ever in King County was already released
... continue reading.U.S. homelessness up 18% as affordable housing remains out of reach for many people
By MICHAEL CASEY The Associated Press The United States saw an 18.1% increase in homelessness this year, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in several parts of the country, federal officials said Friday. The U.S. Department of Housing and
... continue reading.Priced out of Seattle rental market, more opt for backyard cottages
By Jessica Fu Seattle Times business reporter Affordability crisis This story is part of a Seattle Times focus on the affordability crisis in the Northwest. We explore the high cost of living and wealth disparities that shape our region; examine policies that impact prices for everything from housing to health care; and offer tips for
... continue reading.5 predictions for the Seattle-area real estate market in 2025
Condos and apartments fill the view around Rainier Avenue South, just north of Interstate 90. (Ellen M. Banner / The Seattle Times) By Heidi Groover Seattle Times business reporter For many in the Seattle-area real estate market, 2024 was a year of staying put. Elevated mortgage rates and high home prices kept would-be home shoppers
... continue reading.Here’s how much you need to earn to afford a Seattle-area home
By Heidi Groover Seattle Times business reporter In just a few years, the income needed to afford a typical home in the Seattle area has shot up nearly 80%, illustrating how skyrocketing home prices and interest rate hikes together have reshaped the region’s housing affordability. A Zillow analysis published Thursday found that Seattle-area home shoppers need to
... continue reading.A generational tug-of-war is hampering the housing market — and limiting buyers’ options
By Andy Medici – Senior Reporter, The Playbook, The Business Journals Feb 25, 2024 Homebuyers in today’s market are increasingly faced with an inconvenient but inescapable truth — there are fewer homes for sale and the ones on the market are often in need of big repairs and renovations. That’s because far fewer homes have been built
... continue reading.Burien sketches growth vision for busy, diverse Ambaum Boulevard
By Daniel Beekman and Daisy Zavala Magaña Seattle Times staff reporters BURIEN — He saw this conversation coming. Before Travis Thompson sold out concerts, signed with a major record label and embarked on a European tour, the Burien-raised rapper wrote about change coming to Ambaum Boulevard Southwest. “Won’t always be a man on the corner slinging that roasted
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