Elegant Eastlake Rental- AVAILABLE

This elegantly appointed 2 bed, 2.5 bath Eastlake condo also includes a den and has views of Lake Union and Downtown Seattle. From its sophisticated aesthetic to its steel and concrete structure, this home offers the finest materials and design. This newly painted condo has an amazing open floor plan with European hardwoods, 9.5 foot ceilings, and gas fireplace. The kitchen contains stainless steel appliances and granite counter-tops. The condo has over 30 feet of roof top deck with full Western Views.  Please follow the links to find full listing details and photos of the home, check out Craigslist Seattle or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 2/2.5
List Price: $3,499/mo

Two Downtown Seattle Rentals- AVAILABLE

Ewing & Clark has two one bedroom rentals currently available at the Newmark Tower. One of the rentals is a completely remodeled  condo unit of the 23rd floor, south facing with beautiful view of Downtown Seattle and partial view of Puget Sound. Floor to ceiling windows to allow natural light all day long. Enjoy the view from the Juliet deck or from either the living room or bedroom. Parking and storage included with rent. The second unit is a 1 bedroom + den on the 7th floor. Building amenities include: 24 hour concierge and security, indoor pool, business center, fitness center, hot tub, sauna, and common deck. One block away from the Pike Place Market. To learn more information about these properties, please contact Ridge Marshall.

Stunning Leschi Home w/ Views – RENTED

This beautiful Craftsman-style Leschi home with sweeping Lake & Mountain views was just rented by Ewing & Clark, Inc. This rental featured a main floor-living room with gas fireplace, formal dining room with access to view deck, kitchen with granite counters and top appliances, family room off kitchen with sliders to rear deck and yard, half bath and gleaming hardwood floors throughout. Please contact Garrett McGuire or Nate Pearson if you would like assistance in renting your home.

Status: Rented
Bed/Bath 5/3.5
Last List Price: $3,295/mo

Stunning Leschi Home w/ Views – RENTED

This beautiful Craftsman-style Leschi home with sweeping Lake & Mountain views was just rented by Ewing & Clark, Inc. This rental featured a main floor-living room with gas fireplace, formal dining room with access to view deck, kitchen with granite counters and top appliances, family room off kitchen with sliders to rear deck and yard, half bath and gleaming hardwood floors throughout. Please contact Garrett McGuire or Nate Pearson if you would like assistance in renting your home.

Status: Rented
Bed/Bath 5/3.5
Last List Price: $3,295/mo

New Scam in the Seattle Apartment Market

According to the Seattle Times, there’s a new scam in the housing market. Online scammers advertise listed homes and foreclosed properties as for rent on popular rental websites such as Craigslist, with potential renters sending a deposit before receiving the keys. Be wary if the deal looks to be good to be true and/or the “property manager” asks you to wire funds through Western Union or Moneygram without letting you see the rental unit. For more details and tips, please read the article here.

Seattle Apartment Construction Improving Seattle Housing Market

Due to the influx of apartment construction, 2011 will be the first year since 2007 where housing construction will help the economy grow. There has been a surge in apartment construction, as signaled by the cranes in Ballard and South Lake Union, as well as an increase in permits, signaling future construction in Seattle.

For every new home that is built, it creates three jobs and adds $90,000 in taxes. For more details, read the Seattle Times article.

Seattle Apartment Construction Improving Seattle Housing Market

Due to the influx of apartment construction, 2011 will be the first year since 2007 where housing construction will help the economy grow. There has been a surge in apartment construction, as signaled by the cranes in Ballard and South Lake Union, as well as an increase in permits, signaling future construction in Seattle.

For every new home that is built, it creates three jobs and adds $90,000 in taxes. For more details, read the Seattle Times article.

Do You Have Renters’ Insurance?

If you are renting a house, condo or apartment in the Seattle area, then you should have renters’ insurance.  Starting around $15 a month you can have the peace of mind that your belongings can be replaced if stolen or destroyed.  According to the Insurance Information Institute, “Your furniture, clothes, sports equipment and other personal items are covered if they are stolen or destroyed by fire, hurricane or other insured disaster.”  Seattle renters have computers, stereos, iPods, iPads, etc. that would be protected with renters’ insurance.  With crime being a problem in many Seattle neighborhoods from Magnolia to Madrona, insurance has never been as important.  If your attending University of Washington and living in an off-campus apartment, in a Seattle rental in a downtown condominium, or renting a luxury home on Mercer Island, then it is not a bad idea to spend that extra few dollars a month on renters insurance.

Local Landlord Faces Hefty Fines

I typically blog about Luxury Seattle rentals, but I came across this article in the Seattle Times today regarding a local landlord, Hugh Sisley, that I found very interesting.  Hugh Sisley and his wife Martha had $600,000 in fines upheld recently in an appellate court for several city housing code violations.  The city of Seattle is aggressively enforcing building and housing codes.  To read this article, please click on the Seattle Times.

To Buy or To Rent…That is the Question

Seattle RentalTo buy versus rent always has been a question generally best answered on an individual’s situation.  It used to be that renting had a stigma attached to it but that is no longer the case.  A recent article looked at the numbers and determined that it is better to buy than to rent in many of the U.S. cities, but Seattle is not one of them.  The article pointed out that it is still “better” to rent in Seattle versus owning.  According to the article, both San Francisco and Seattle are 24 times the annual rent to purchase a home.  So if it costs $1,500/month times 12 months equals $18,000 annual rent.  Thus $18,000 annual rent times 24 equals a purchase price of $432,000.