Residents and businesses help cut water use by 14 percent

Bellevue residents and businesses have done their part in helping the region cut water use by 14 percent over the last four weeks -- exceeding requests by water providers to cut use by 10 percent.

Council Roundup: Actions aim to boost affordable housing

The council adopted a multifamily tax exemption ordinance to encourage developers to include affordable rental units in their projects, and they approved a comprehensive plan amendment to help St. Luke's Lutheran Church build affordable apartments on its property.

Water rate increases of 1.7 and 2.7% proposed for 2016 and 2017

In keeping with a strategic business plan approved by City Council last year, Seattle Public Utilities (SPU) is proposing drinking water rate increases of 1.7 percent for 2016 and 2.7 percent for 2017. The business plan aims at capping average rates for all SPU services — drinking water, sewer, drainage, garbage and recycling — to an annual average of 4.6 percent through the year 2020

More than 7,000 Homes, Businesses Affected by Power Outage

SEATTLE - December 28, 2011 - (RealEstateRama) -- Gusty winds are causing scattered outages across Seattle City Light’s service territory Christmas day. Outages are leaving more than 7,000 customers without power. Some of the largest outages are in the SeaTac and Burien areas.


SEATTLE, DC - October 18, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today released its 2009 Seattle Metropolitan Area Housing Survey, the most comprehensive analysis of the area's housing stock since the Department's last substantive assessment in 2004. HUD estimates that there were nearly 1.5 million housing units in King, Pierce and Snohomish Counties in 2009, more than 15 percent of which were constructed since 2000 (see attached data).

Seattle Prices Increase in May, But Demand Weakens and Inventory Drops

Seattle, WA - June 16, 2010 - (RealEstateRama) -- Redfin today released new data on the King County real estate market showing that the median price of a single-family home increased 2.5% from April to May, and 2.5% year over year as well. Redfin attributes the increase in median price in part to the federal tax credit, which required buyers to be under contract on a home sale by April 30. Other metrics were weak: sales volume for King County was mixed from April to May and competition among home-buyers declined, even though the number of houses for sale dropped 5.4%


KCHA spearheads successful effort to preserve nine subdized apartment complexes in...

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.


Calmwater Capital Originates $7.6 Million Loan for WSU Student Housing

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed property, known as College Crest Apartments, is located at 1555 NE Merman Drive in Pullman, Washington.