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Recent News - January, 2016

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Jan

28

Looking for a new rental property in the upcoming weeks, check out what is for rent through Phillips Real Estate Services. One of the many properties currently for rent is this Magnolia apartment with its amazing view of Mt. Rainier and the city. It is offered furnished or unfurnished and features hard wood floors, updated kitchen and one parking spot. For more details on this unit, click here. Continue Reading


Written by phillips | property management

Jan

26

Short term rentals like Airbnb and VRBO have become increasing popular over the last few years. They allow travelers and short term residents to find nice, furnished apartments in the city of their choice. They have also become an income generating resource for homeowners that have either relocated or are also traveling. In some situations they are also used mainly as an investment property. With the rise of short term rentals, especially in cities like Seattle, where affordable housing can be... Continue Reading


Written by phillips | property management

Jan

21

A recent report from Yardi Matrix ranked Seattle third on a list of metro areas with the largest rent gains in 2015. This article from the Seattle Daily Journal of Commerce, states that Seattle showed multifamily rent gains of 10.5 percent, behind Portland (14.8 percent) and Sacramento, California (10.7 percent). The Matrix survey covers 111 markets. Rents averaged $1,165 nationwide in December, $1 less than the all-time peak reached in September and October, which is consistent with normal... Continue Reading


Written by phillips | property management

Jan

19

As 2016 gets started it is always interesting to get an overview perspective of the real estate market from local industry experts. This blog post from Seattle Bubble has some helpful information to consider if you are thinking of buying or selling in 2016. As you get ready to embark on a real estate transaction, finding the right real estate agent is essential in a successful experience. If you have question about your current  situation or interested in what type of residential or investment... Continue Reading


Written by phillips | Real Estate

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