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The Layouts Millennials Want in a Home and Other Preferences
What kind of layout do Millennials envision for their home? A plurality of Millennials – 43 percent – want a completely open layout for their family room and dining room, a higher share than any other generation, according to an NAHB report, What Home Buyers Really Wan
http://eyeonhousing.org/2019/09/the-layouts-millennials-want-in-a-home-and-other-preferences/
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As housing costs soar, Seattle's young adults taking longer to live on their own
SEATTLE - Young adults in Seattle and across the nation are moving out on their own later in life than in previous generations - if they move out at all - and the high cost of housing and education appears to be a major factor in that change, according to a report released Tuesday.
https://komonews.com/news/local/as-housing-costs-soar-seattles-young-adults-taking-longer-to-live-on-their-own
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Tacoma, Seattle lead nation in home equity value earned since 2012
SEATTLE - People who bought homes in the Puget Sound region at the bottom of the housing market in 2012 have earned billions of dollars in home equity since then, with Tacoma leading the nation in percentage increase and Seattle coming in at No. 2 in the country in total dollar increase.
https://komonews.com/news/local/tacoma-seattle-lead-nation-in-home-equity-value-earned-since-2012
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Real-estate seers expect a strong 2020 in Seattle, though not so much for housing
It doesn’t drill deep into the future of residential real estate — what might happen with home prices or rents. But real estate is a major part of the economy.
https://www.seattletimes.com/business/real-estate-seers-expect-a-strong-2020-in-seattle-though-not-so-much-for-housingattle/
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7 ways telecommuting has changed real estate
As wireless technology changes how and where people do their jobs, giving many the freedom to work remotely at least part of the time, so too is it changing their thinking about real estate.
https://www.seattletimes.com/explore/nwhomes/7-ways-telecommuting-has-changed-real-estate/
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What to know about buying a co-op apartment in Seattle
What’s a co-op—and could cooperative living be for you?
https://seattle.curbed.com/2019/9/26/20885583/housing-cooperative-seattle-homebuying-guide
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Kurt Cobain and Courtney Love’s former Seattle home is for sale
The 117-year-old house was quietly put on the market—for the first time since Love sold it
https://seattle.curbed.com/2019/9/26/20884357/kurt-cobain-nirvana-courtney-love-house
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Deconstructing Portland
Can a first-of-its-kind ordinance save some of what makes Portland so special?
https://www.curbed.com/2016/10/13/13193952/portland-craftsman-houses-preservation-deconstruction
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Facebook grows to 5,000 employees in Seattle region, opens its 18th office at downtown tower
Facebook’s footprint in the Seattle area continues to grow as the social media giant now employs more than 5,000 people across the region.
https://www.geekwire.com/2019/facebook-grows-5000-employees-seattle-region-opens-18th-office-downtown-tower/
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GeekWire 200 startup index analysis shows hottest industries emerging from Pacific Northwest
The latest highlights and hottest startups from the GeekWire 200, our monthly ranking of Pacific Northwest tech companies. Click here for the full GeekWire 200 ranking.
https://www.geekwire.com/2019/geekwire-200-startup-index-analysis-shows-hottest-industries-emerging-pacific-northwest/
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Will tech make realtors obsolete? Investors debate the future of real estate
“While I do think that there are certainly some parts of the business that are going to be disintermediated, my thesis is that disintermediation happens when transactions are frequent, when they’re standard, and when they’re relatively small, either financially or emotionally to the parties involved,” Finegold said. “For me, on the residential side of transactions and on the buy-side in particular, these transactions are infrequent, they’re not standard to the buyer, and they’re a deeply emotional process. There’s a human touch that cannot be financialized out.”
https://www.geekwire.com/2019/will-tech-make-realtors-obsolete-investors-debate-future-real-estate/
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Condo towers near Amazon HQ to include geeky amenities such as co-working space, gaming room
Amazon’s reimagination of the neighborhood around its urban headquarters in Seattle is apparently infectious, as a new condo development planned for a block away from The Spheres will feature a slew of geeky amenities apparently aimed at attracting tech workers.
https://www.geekwire.com/2019/condo-towers-near-amazon-hq-include-geeky-amenities-co-working-space-gaming-room/
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Denny Blaine mid-century home gets striking makeover, and can be yours for $2.2M
A mid-century abode interpreted for this century, this artistic home in Denny Blaine wants $2.195 million.
https://www.seattlepi.com/realestate/article/Denny-Blaine-mid-century-gets-striking-makeover-14467174.php
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The 10 US cities most vulnerable to a housing downturn when the next recession happens
When it comes to real estate, there are several key factors that help forecast which housing markets will be the most vulnerable when the next recession hits — whether it happens now or ten years from now.
https://www.businessinsider.com/us-housing-markets-most-vulnerable-next-recession-2019-9
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Here are 99 great places to work in Oregon and SW Washington: Top Workplaces 2019
For the past eight years, The Oregonian/OregonLive and Energage, a Philadelphia-based employee research and consulting firm, have partnered to determine the Top Workplaces in Oregon and southwestern Washington based solely on employee survey feedback.
https://www.oregonlive.com/news/g66l-2019/09/1b695416dc9728/here-are-99-great-places-to-work-in-oregon-and-sw-washington-top-workplaces-2019.html
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Pending Home Sales Rebound in August
The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI rose 1.6% from 105.6 in July to 107.3 in August, the second-highest level since 2018. On a year-over-year basis, sales were 2.5% higher than a year ago.
http://eyeonhousing.org/2019/09/pending-home-sales-rebound-in-august/
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Real Estate’s Market Value Shows Minimal Growth in Q2 2019
The recently released Federal Reserve’s Z.1 Financial Accounts of the United States report (formerly known as the Flow of Funds report) shows the latest transactions in households’ balance sheets as they occurred in the second quarter of 2019.
http://eyeonhousing.org/2019/09/real-estates-market-value-shows-minimal-growth-in-q2-2019/
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Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx