Tips To Find the Perfect First Rental

Thinking about moving out of mom and dad’s basement? Sometimes the thought of packing up and moving out can be just as exhausting as the experience, and the search for the right rental for you can be a long process. Thankfully our friends over at Zillow have put together some tips on ways to make the search a simpler process for the first time renter.  The first step on the list is to determine a comfortable price range for yourself, and your roommates if you’re planning on moving with others. rent

Now that you’re looking into costs, and determining what kind of rental suites your needs, it’s time to start saving. Security deposits can be expensive, as well as pet deposits, and the cost of moving your belongings can add up as well, depending on the distance of the move, among other things. You’ll also need to narrow down which neighborhood you’ll want to live in, and what qualities are most important to you in your surroundings. Is there public transportation nearby, how is the school district, is there a park or grocery store in the area? Be sure to be realistic as well, you may want to live in a roomy 3 bedroom condo, but is it feasible within your budget? For more tips on easing your home search, visit your local real estate company.

Are the Days of Large Rent Increases Coming to an End?

The average cost in rentals with 50 units or more dropped slightly at the end of 2012, providing a ray of hope for Seattle renters. Are the days of steep rent increases coming to an end? According to the Seattle Times, landlords may have to start getting used to more vacant apartments and smaller increases in rent, with the influx in construction. Our local market is still very good for Landlords, but it is beginning to flatten out, and the east side of the city, particularly Bellevue, Kirkland and Redmond have noticed the biggest change as of recent, with the average rent down 3%. rent

According to Tom Cain, owner of the research firm Apartment Insight Washington, the drop on the Eastside could be due to the toll increases of the 520 bridge. The greater Seattle area is also experiencing the largest increase in construction  in over 20 years, so with inventory up, in theory the cost in rent could flatten out sooner than later. For more information on Seattle Rentals, click here.

Denny Blaine Rental – Available for $18,000 per Month

Seattle Waterfront

There may be no better place to live in Seattle than in a Denny Blaine waterfront home.  This beautiful home sits on a little less than a half-acre lot surrounded by Lake Washington with views including Mt Rainier to Mt Baker.  The waterfront estate includes 5 bedrooms and 6 full bathrooms and the grounds feature a private dock, a boathouse, tennis court, and hot tub.  The list price for this luxury Seattle rental was just reduced from $20,000/month to $18,000/month.  Contact the Madison Park Ewing & Clark for more details.

Status: For Rent
Bed/Bath: 5/6
List Price: $18,000/mo