Not even five years ago, we remember when this neighborhood was
experiencing mass redevelopment and construction of the 2nd I-90 bridge,
leaving the Atlantic area is rubble, covered in a film of dirt. Left in
the midst was abandoned housing, sky high dirt mounds and 23rd Ave S
was closed to traffic for quite a stretch. Today the neighborhood is home to trendy bars and
restaurants like Dallas BBQ Soul Food & Catering and Farestart Cafe,
has a light rail stop, is in close proximity to downtown and the
Eastside, and has several trails for bikers and runners; even has it’s
own dog park! The neighborhood started looking promising to buyers and
renters a decade ago and today affordable pricing plays a huge role in
the deciding factor. According to the Seattle Times, in February this
year the median value of all single family homes in the area was estimated at
$284,200, down 2.2% from the previous year. The median cost of rent in
the neighborhood for a single family home was estimated at $1,674/mo,
while apartments were estimated at $1,521/mo; up from the previous year,
but significantly less than other areas around the city. If you’d like
more information on for sale listings around the area visit Ewing & Clark, or find rentals around the neighborhood here.
Showing posts with label seattle apartment rentals. Show all posts
Showing posts with label seattle apartment rentals. Show all posts
Tuesday, April 24, 2012
Up and Coming Neighborhood for Renters & Buyers: Atlantic
The Atlantic neighborhood in Seattle, nestled in between Beacon
Hill and Mt Baker is gaining popularity with younger home buyers and
renters in recent months due to it’s convenient location, and up and
coming amenities.
Monday, March 12, 2012
Scams in Seattle Rental Market
The Seattle Times has announced that there are currently scams in the housing market to be aware of when browsing for your new home. Online scammers are advertising listed homes and foreclosures as "For Rent" that they most likely do not own, and very likely have never even seen before. These homes are usually For Sale, or currently being foreclosed, and scammers are taking advantage of the new vacancies right and left. Potential renters are asked to send a deposit before receiving their keys. This scam may seem like an obvious one, but these kinds of scams have been on the rise along with unemployment and desperate apartment seekers looking for a low price ticket. Be wary if a manager asks for wired funds through Western Union or Money gram without letting you into the Unit first. For a detailed description, read the extended article here.
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