RECENT BLOG POSTS
Most people know that "days on market" is real estate-ese for how long a home has been on a market.  Lately, with all the homes on the rental market, I've coined a new term... "DAYS ON LAWN".  Days on Lawn is how long a home sits for rent by owner.  I'm seeing a lot of homes coming on the market ...
02/25/2009
   Sometimes I feel like counseling my clients with higher-end homes is like counseling my single girlfriends in their late 30s.  Her:  I have a great job (Viking stove). Me:  Yes, I know you have a great job (Viking stove). Her:  Do you have any idea how much I spent on my new new blonde highlig...
02/21/2009
My firm has always encouraged tenants to have renters insurance.  However, we've just changed our policy and are now requiring renters to obtain renter's insurance.  Why? We represent owners and our job is to protect our owners and their properties as much as possible.  In talking to my insurance...
02/20/2009
This is the third in a series of blogs pertaining to the special considerations of renting new construction units. Is there a code that requires me to install window coverings for a tenant? In many urban areas, this is included in Landlord/Tenant code, but not in Seattle.  However, you have to as...
02/18/2009
I was just thinking about my new contruction rentals blog series and realized I didn't start at the beginning... which is a very good place to start! I've been working with a lot of builders and builder's agents lately to deal with some of the inventory that is getting a bit stale. A lot of build...
02/17/2009
BusinessWeek just came out this article about falling apartment rental rates and particularly poor performance amongst luxury units.  My recent post on February's Rental Market Trends didn't address "apartment" units in terms of the large apartment communities we see in urban areas because my fir...
02/17/2009
What should we be thinking about with new construction on the rental market?  Of course, it all depends on the end game.  My brother and his wife are looking to gobble up some new construction SFHs at about $100k a piece that are wilting on the sales market in suburban Houston.  (Sigh, the Seattl...
02/16/2009
Whoa.  I spent all day at REBar Camp in Seattle.  What an informative day!  It was all about real estate marketing and maximizing web 2.0. First of all, the whole thing appealed to the Organizational Psychologist in me (I did get a Masters degree in the subject, afterall).  The format was very se...
02/13/2009
Here's an article that appeared about us in the North Seattle Herald, Queen Anne News, Capital Hill Times, South Seattle Beacon and Madison Park Times.   http://northseattleherald-outlook.com/main.asp?Search=1&ArticleID=27533&SectionID=8&SubSectionID=8&S=1   www.smgre.com www.thrivingrentals.com
02/11/2009
A good portion of my day is spent researching rental trends and then being out and about giving people opinions about a fair rental price for their property.  The consumers—and real estate sales agents--  I speak with are split almost 50/50 in feeling like the current sales market applies to the ...
02/11/2009