Category: Uncategorized
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Vacation rentals may face new taxes as Washington state lawmakers eye housing fix
Lawmakers in Washington state have advanced a bill to impose a 4% tax on short-term rentals like Airbnb, potentially doubling the current 2% excise tax municipalities can levy. Supporters argue it will help address housing shortages, while critics fear it may push tourists to hotels. The bill aims to generate around $21 million annually to…
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Washington: America’s 8th Most Expensive State to Live
Washington is the eighth-most expensive US state, with a cost of living index of 115.10. The avg annual expenditure is ~$42K, significantly above the national avg.
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Why Mortgage Rates Above 6% Are Here to Stay
Tariff announcements triggered bond sell-offs, pushing yields higher and raising 30-year fixed mortgage rates above 7%. Despite some Fed rate cuts, experts expect mortgage rates to hover around 6.5% through 2025.
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No Fed Rate Cuts May Trigger Bear Market
Mortgage rates may remain high, limiting home affordability through 2025. Buyer confidence could decline, potentially reducing housing demand.
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Property Type: Commercial, described as exceptional office and retail spaces.
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Check out my new listing
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Will Slow Construction Stabilize Office Vacancy Rates?
The shift to remote work has reduced demand for traditional office space, impacting construction trends. U.S. office construction has dropped 48%, with 51M sq-ft under development in 2025.
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Cooling Ahead for Washington Housing?
Seattle’s overheated housing market faces affordability crisis as prices outpace incomes. Rising interest rates further suppress buyer activity, slowing market momentum By MSN