Originally published on Fri January 24, 2014 10:54 am
More and more people are buying homes with pure cash. In December, all-cash purchases accounted for 42.1 percent of all U.S. residential sales, according to the latest report from RealtyTrac, a company that collects and analyzes housing data.
Clint Dempsey Joins The Sounders Fans of Seattle soccer were treated to a welcome surprise at the start of Saturday's game against Dallas. Clint Dempsey, captain of the US Men's National Team and player for Tottenham in England announced he would be joining the Seattle Sounders. We talk with Steve Clare, president of the North American Soccer Reporters and editor of Prost Amerika Soccer about what this means for the MLS and the Sounders.
Understanding US-Russian Relations The diplomatic relationship between Russia and the United States was strained long before President Vladimir Putin granted a one year asylum to NSA whistle blower Edward Snowden. Dr. Stephen Cohen, professor emeritus of Russian studies at New York University, explains the long history and current conflict between the two nations.
Your Housing Questions Answered Puget Sound housing prices are on the rise. Mortgage rates continue to be historically low. What does that mean when it comes to your living situation. Should you buy a house? Should you sell your house? Should you refinance? When is it wiser to stay renting? Two housing experts are on hand to answer your specific questions. Call us at 206.543.5869 or 1.800.289.5869.
The homeless encampment known as Nickelsville is set to close on September 1. The city voted down legislation to expand areas for similar homeless campsites. But the City Council has provided $500,000 to relocate Nickelsville residents into permanent shelters and emergency housing.
Mike Johnson is special projects director for Seattle's Union Gospel Mission and he's working on the resettlement of Nickelsville residents. He tells Ross Reynolds about how the move is going.
President Obama On The Economy President Obama is at Knox College in Illinois today to deliver the first of six speeches on the country's economy, part of an “economic conversation with Americans” over the next two months. While no new sweeping proposals are expected, the President does hope to gain public support ahead of fiscal deadlines coming in the fall. We talk with Peter Coy of Bloomberg Businessweek about what we can expect to hear.
Nancy Pearl Recommends Book commentator Nancy Pearl stops by to recommend summer reading. She says readers should check out, "Winner of the National Book Award," by Jincy Willett. Also by Jincy Willett, "Jenny and the Jaws of Life," and "Amy Falls Down." Nancy also recommends "Americanah" by Chimamanda Ngozi Adichie.
What's Raising Rents In Seattle? Seattle has added nearly 2,000 apartments this year, but rents have gone up. The average renter in King and Snohomish counties now pays $1,190 dollars a month, a 5.8 percent increase over the past year. So what’s driving the skyrocketing rent prices? We talk with Glenn Crellin of the University of Washington’s Runstad Center For Real Estate Studies.
The average rent for a one bedroom apartment in Seattle is above $1,100, up almost six percent from 2012 according to online rental community Apartment Ratings. As rates continue to rise, finding affordable housing is getting harder and harder. Ross Reynolds chats with Tim Ellis, founder of local real estate news resource, the Seattle Bubble Blog, about where to find affordable housing in Seattle.
A new national study by the Department of Housing and Urban Development found that same-sex couples are discriminated against in the rental housing market. Researchers sent two emails inquiring about a rental property: one posing as a gay couple, the other as a straight couple. We spoke to a senior official at the department of Housing and Urban Development about what these results show. David Hyde hears from Edlira Kuka from Solid Ground, a nonprofit that focuses on housing and homeless prevention, on what to do if you face this kind of discrimination.
The Seattle City Council is considering a moratorium on apodments, the tiny rental units with shared kitchens that have been cropping up around town. Critics complain that apodment developers are able to avoid environmental and design review.
At issue is a loophole in the city land-use code. In Seattle a single-dwelling unit is defined in large part by whether or not it has a kitchen, and a building with nine kitchens triggers a design review. That means buildings with dozens of apartments, but only seven or eight kitchens, are able to avoid review.
Apodment supporters say the bottom line is, more cheap apartments are needed. Ross Reynolds talks design and development of apodments with listeners.
A new mega-hotel proposed for downtown Seattle aims to draw more big conventions to the city. The developer posted its official public notice with the city Thursday, as a first step in the approval process. The proposal is to build a 43-story tower on the block that’s currently home to the Greyhound bus station.