It hasn’t yet been a week since the Alaskan Way Viaduct was closed and we are already seeing the effects on the Seattle rental market.  West Seattle is seeing the most impact on rental prices. Komo News is reporting that “Rental marketplace website HotPads reports that rent increases in West Seattle have dropped from an…

On December 6th, 2019 the Seattle Times reported that Seattle home prices have dropped again, down 11 percent since the spring. While this is encouraging for home buyers that have been locked out of a hot market, this is not a good time to get the maximum value out of a rental property you might…

According to a recent article in My Northwest, the Seattle rental market is fairing better than most cities across the US.   While other cities are showing 15.8% increases in concession offers to rentals, Seattle has only seen a 9.9% gain.  Seattle is weathering the market and that means it will most likely see a…

The rental market in Seattle has certainly cooled off since summer.  This makes it even more difficult for a Seattle investment property owner to know how to price their property for rent.  Many new builders are competing with free month’s rent and new TVs.  Where can a property owner find comparisons to their own property? Luckily, there…

Bloomberg news is reporting this week that Seattle is experiencing a slowdown in the rental market.  Perhaps you have a Seattle investment property that was recently vacated and you’re unsure what you need to do to make your rental property stand out in a crowded field.  Here are a few tips that can make a…

Let Sound Point Property Management Handle Renting It For You! Komo News recently reported that 40% of Seattle’s landlords are selling their investments so they don’t have to deal with Seattle rental property rules. While Seattle has made things more complicated for owners, it creates an opportunity for landlords to offload the difficult parts of…

On May 10, Governor Inslee signed legislation which will enable property owners to have squatters expelled from their property by law requirement promptly, instead of navigating the protracted eviction process. SB 5388 had unanimous, bipartisan support in both the House and Senate, goes into effect on July 23, 2017. Read the full RHAWA article here

Most landlords have that perfect renter in their imagination. Somebody that leaves the landowner with little anxiety and a steady income. The way to getting the ideal renter is making proper criteria and occupant screening. Whenever you’re searching for an awesome inhabitant, consider these 7 things. Read the full RHAWA article here

Rental costs in Seattle have now climbed 57 percent over the most recent six years, costing the normal tenant an additional $635 a month.  Are you getting the most out of your rental income? Read the full Seattle Times article here

Zumper’s National Rent Report appeared yet one more month of blended changes. While the top rental market costs did not encounter much rearranging in rankings, the mid and lower level markets kept on being more unstable. Median rent in Seattle for a one bedroom is over $1900. Read the entire ZUMPER article