“Hey Seattleites, it’s not all bad news. We are the #1 city to live in the United States… Wow…! Sometimes that might be easy to forget with everything going on here, but good to know, and that must mean people will still be moving here… 😊” -Rob Kellum Seattle stood out globally for its high disposable income and quality of…
“ As a Seattle landlord if you were wondering if you’re imagining how high insurance rates have become it’s not your imagination. Seattle is leading the nation in cost for multifamily property insurance. Not sure why that would be the case, considering all the weather disasters that happen in many other states that we avoid here. Might be influenced by…
“Evictions at all time high”…. Does that really surprise anyone? Certainly not people who are in management or ownership of multi-family properties. Apartment properties and their Owners have lost $Millions due to non-payment of rent over the past five years (Millions). And the true impact is double-fold on Landlords with the tremendous rise in the expense of operating an Apartment…
“Amazon announces another round of “AI layoffs”. Especially tough on Seattle and even Bellevue which are getting hardest hit. Both Amazon and Microsoft are consolidating more and more of their employees to Redmond WA, which is becoming THE tech “hot spot” in our area.“ Amazon.com Inc. (Nasdaq: AMZN) could lay off thousands more corporate employees next week, according to multiple reports…