Q2 Seattle metro real estate numbers closed where the trends suggested. While available inventory continues to tic upwards, average sales price declined 7%. This is further evidence that our market continues to moderate from the frenzied pace of the past 5+ years.
Wednesday, July 24, 2019
Friday, July 19, 2019
In 1988 when I bought a house that was previously a duplex (after WW2 Seattle eased housing restrictions to allow apartments in homes, as there was a housing shortage then). In the 80's and 90's Seattle cracked down on the "illegal' MIL apartments, and I had a hard time getting two garbage cans and two recycling bins so my tenant and I could have separate cans. The city came to "inspect' the house and the regulation was you could have a family member live in your apartment in your home, not a stranger, so there must be an interior staircase connecting the two units and if there was a second kitchen, there could be no stove, in fact the city made me remove my range/oven.
fast forward to now: OK to have both a MIL and a backyard cottage, and OH! they can cook while they live in your basement or backyard...
For more information on this current Seattle regulation, here is a article that was published recently by Curbed Seattle