Category: Uncategorized
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Washington State Enacts Rental Cap Law to Curb Rent Gouging, Bolsters Tenant Protections
Washington Governor Bob Ferguson signed HB 1217 to limit rent increases and protect tenants from rent gouging. The law caps annual rent hikes at 5% for manufactured home parks and 7% plus inflation or 10% for other rentals, whichever is lower. It also mandates a 90-day notice before rent increases, helping families better manage housing…
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Do I Need Life Insurance? | https://www.samrandhawa.com/disclaimer/
Do I need life insurance?
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Just Sold this listing Address: 686 Adelia Street Blaine
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A look at six just-passed housing bills that will affect WA renters, property owners
Washington state passed several housing bills, including HB 1217, which limits rent increases to 7% plus inflation or 10%, and requires 90-day notices for rent hikes. HB 1491 mandates affordable housing near transit, while SB 5184 restricts parking requirements for new developments. HB 1096 streamlines lot splitting, and SB 5148 enforces Growth Management Act compliance.…
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Could Inflation Drop Lower Mortgage Rates? | https://www.samrandhawa.com/disclaimer/
Inflation dropped to 2.4% in March, down from 2.8% in February, sparking hope for lower borrowing costs. Lower inflation reduces the costs of credit cards, loans, and home equity loans for borrowers.
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Commercial Real Estate Disclosures in Washington: What Sellers Need to Know
In Washington, sellers of commercial property must provide a seller disclosure statement (Form 17 Comm) detailing property information as required by RCW 64.06.013. This applies to most transactions, except foreclosures and certain transfers. Sellers must disclose known issues, especially environmental ones, which buyers cannot waive if affirmed. Agents may be liable for inaccuracies. Continue to…
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Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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Happy Mother’s Day | https://www.samrandhawa.com/disclaimer/
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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3.9% Inflation Expected: Warm-up Act for a Recession?
The US faces a heightened risk of recession due to new reciprocal tariffs announced by the administration. Oxford Economics downgraded its 2025 GDP growth forecast to 1.4%, down from 2% previously.
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Is Buying a Home Cheaper During Recession?
Are we in a recession? Not technically, but many feel it due to rising costs and reduced economic confidence Are rate cuts coming? Likely this summer, but the Fed is cautious as inflation cools slowly.