The victim, a 25 year old man, was outside the Casa Blanca Hookah bar near 12th Ave S and S Main St early Sunday morning around 3:30am when the suspect car pulled up. An unknown black male suspect stepped out of the car. The victim and witnesses heard several gone shots. The victim then ran Westbound towards S Main St unaware that he had been shot in the lower leg. The victim’s friends transported him to Valley Medical Center where his non life threatening injury was treated and he was released. Both the victim and the suspect were not at the scene when police arrived. Renton police responded to VMC to investigate and notify Seattle Police. This case is still under investigation. Any information regarding the incident may be directed to the Seattle Police Department or call 911. Anonymous tips are welcome.
Seattle City Council will be holding a budget meeting Friday, October 25th, at 9:30am to discuss the proposed budget’s police elements and will meet again on Monday at 2:30pm to discuss the human services budget. The DSA has been working hard to raise awareness of the public safety concerns in Downtown Seattle. Mayor Mike McGinn has included expenditures directed at public safety such as additional police officers, park rangers, shelter beds and expanded human services in his proposed 2014 budget. The DSA is asking that you email the Seattle City Council or attend the meeting Friday to voice your support of the proposed 2014 budget and focus on improving public safety Downtown.
If you would like to email the city council, please sse the email address Council@seattle.gov and bcc Jon Scholes at Jons@downtownseattle.org so that volume of emails can be tracked. Please visit the Downtown Seattle Association website for more information on the topic.
When is the right time to buy? That is the question many generation Y Seattleites are asking themselves as the price in rent continues to climb, and mortgage rates begin to slowly climb. Seattle residents in their 20s are currently watching rent increases surge, and are all wondering when interest rates will begin to be too high for them to afford as well. This age group became young adults at the time of the market’s slippery slopes in 2007, and do not want to be stuck in the financial crisis their family and friends may have suffered before. The tug of war between rent vs. buy has been debated time and again, and it seems to have comes to a head in today’s marketplace.
The median Seattle home sale price is up 15% in August from a year ago, and rent is up 6% in comparison to last year; is it time for generation Y to take the purchasing plunge? There are a lot of factors for them to consider, and contacting a local real estate representative is a step in the right direction to determine if it’s time for you.
Vulcan Real Estate has announced the completion of The Martin located at 5th and Lenora. The Martin is a 24-story apartment complex with 188 apartments which include open one bedrooms as well as one and two bedrooms with an average size of 940 sf of nearly floor to ceiling windows. Some of the features of the apartments include walk-in closets, P-patch garden, soaking tubs and onsite concierge. The Martin also offers a guest suite that can be reserved for out of town guests.
Bellevue has been ranked 12th out of 100 best places to live in the US. The University of Toronto’s Martin Prosperity Institute evaluated 1,200 cities through out the US that had populations of 20,000 to 350,000 and chose the top 100 based on economics, housing, amenities, infrastructure, demographics, social and civic capitol, education and healthcare. Bellevue’s highest scores were in the amenities category due to its accessibility to parks, entertainment, recreation and culture.
Six cities in the state of Washington placed in the top 100. Besides Bellevue, Bellingham (25th), Tacoma (41st), Redmond (62nd), Everett (73rd) and Vancouver (96th). California and Florida are the only other states that had six or more cities place in the top 100.
As you begin your home search, there are plenty of things you already know to factor in the decision: price, neighborhood attributes, beds and baths, square footage, and proximity to work. But have you considered looking into which school districts are round the neighborhood you’re searching? In Seattle as we know many new homeowners aren’t planning on having children anytime soon or maybe not at all, but this doesn’t mean that you should cast the school district factor aside; even if you do not have children or do not plan to, the quality of education nearby can greatly affect how much you pay for your home, and how much you can expect to sell it for in the future. You’ll pay more for your home if it is within a good school district. Parents of school age children are always searching for high school ratings, and often will pay more to live in a zoned neighborhood within a highly rated district. A good school district can also protect you from the ups and downs of the real estate market; even in an unpredictable market, a home in a great school district will likely see nearby home values staying consistent or above the median. This will protect you when it comes time for the resale, and although there are no guarantees, you can rest assured parents will always be looking to move to the best neighborhoods with the top schools. For more information on Seattle real estate, please contact your local agent today.
Some may not know that the University of Washington is one of Seattle’s largest land owners in the city. UW owns Rainier Square and plans to make changes soon. They have reached out to at least four developers, 2 local and 2 national, and have asked them to come up with ideas to redesign the properties. The developers have until the end of the month to submit their proposals, UW will then choose one in November. UW hopes to begin the redevelopments in a year.
Just when the housing market was getting better there is now a possibility of it to began to slightly decline again. With government workers facing possible furloughs, consumers may not have the confidence to purchase a home. A steady income is needed to be able to make payments on a mortgage but some will not be receiving paychecks and may back out of deals and put off buying a new home until things become more stable again. Most lending companies will not be affected and will resume lending for mortgages since they are not federally owned. Other government funded sources for the housing market such as the Federal Housing Administration and the Department of Veterans’ Affairs may be shut down and therefore will not process applications and requests for assistance. If people are not getting the money they need, they will not be renting or buying homes.