Thursday, March 5, 2015

Seattle’s micro-housing boom offers an affordable alternative

I Love Seattle. I don't know why I didn't follow through on my dreams in the 80's of moving there. Probably because the kids didn't understand and would not leave their friends, which at the time were the most important aspect of their young lives. Many notable trends emerged from Seattle. Among them is Micro housing. The Seattle Times have featured several young architects leading this trend for several years now. This article is just the latest.
At last count, 780 micro-housing units were cleared for occupancy in Seattle, with another 1,598 units in the pipeline. No other American city comes close.


THE SMELL of garlic rises from the frying pan as two women in flannel pajama pants and beige slippers sauté shrimp and noodles on a range top in a shared kitchen just inside the main entrance to the apartment building.

As they cook, a steady stream of sneaker-clad tenants, some walking dogs, stride down the hall toward the elevator. They barely glance into the kitchen despite the pungent aromas and the conversation taking place around the square, steel table that dominates the room.

The women make fast work of the cooking, then quickly clean up and head back to their apartment to study over steaming bowls of noodles. “They’re the only ones I’ve seen use the kitchen, but then, I really don’t use the physical space that much,’’ says Jesse Yem, 21, a psychology major at Seattle University who has lived here for five months. “I come here to sleep, and that’s about it.’’
Footprint 1806, a micro-apartment building on 23rd Avenue, has 61 sleeping rooms and common kitchens. (Benjamin Benschneider / The Seattle Times)
In fact, he’s home now only because he got a rare break between school and work as a part-time IT assistant, and returned to take a shower. His typical routine: “I get home from work, relax a little bit, go to sleep, wake up and go to class.” His meals usually consist of ramen, bagels or all manner of sandwich. Yem, whose thick black hair hangs over sleepy eyes, occupies one of the 92 micro-units at Alder Flats, a clean, modern, seven-story complex that occupies a city block between 10th and 11th streets on the edge of First Hill, a few blocks from Seattle U, where old multifamily housing once sat. It’s Yem’s first venture in solo living, and he’s still adjusting to the silence and the cost of living: $1,000 for 200 square feet, utilities and Wi-Fi included. It’s a lot for a small space, but in pure dollar terms, it’s a deal, he says. Other complexes nearby rent for hundreds more, don’t include utilities and usually rent to people with established credit or rental histories. “I’m perfectly fine with my apartment,’’ says Yem. “It’s not outrageous compared to other places on the hill.”


In a year or two, he’ll probably be living with his girlfriend or starting a new job, he says. But, for now, his tiny piece of the city is home, just as it is for thousands of others living in small apartments and even smaller rooms off and on the grid throughout the city. Their desire to live alone in the most dense and urban parts of the city, and their willingness to trade space for amenities, represents a seismic shift in the way people live in Seattle.

TINY APARTMENTS are hardly a new thing, but they’ve attracted attention and controversy here because developers have been building them at a quick clip — sometimes over the objections of neighbors — and filling them quickly with people seeking rents that match their circumstances and mobile lifestyles. The first of the breed, an aPodment development on 23rd Avenue East, opened in 2009 with 46 dormlike sleeping rooms with common kitchens. It was the brainchild of the late Bellevue developer Jim Potter, who found a loophole in Seattle’s building regulations. At the time, the city allowed up to eight unrelated people to live in one “dwelling” with a shared kitchen. The code didn’t say the rooms had to be tied together as a single unit, so Potter built a cross between an apartment building and a boardinghouse, where someone could rent a sleeping room as small as 100 square feet with a private bath and share a kitchen with up to seven others renters. A micro-housing building spree ensued that gave Seattle more such units than any city in the country. At last count, 782 micro-housing units were cleared for occupancy in Seattle, with another 1,598 units in the pipeline. No other American city comes close. Once the pipeline is cleared, though, no future Potter-style hybrids will be allowed: The city changed the rules in October after neighbors railed against the projects. Congregate housing — group housing arrangements such as dorms and senior housing that use common areas — is still allowed.
But in the future, micro-housing will mean efficiency apartments of at least 220 square feet, each with its own bath and kitchen. Potter’s idea lives on elsewhere. His former partner, Cathy Reines, now of Koz Development of Portland, says her company has plans to expand the concept nationwide. Reines, speaking at a recent conference, says micro-housing evolved from the early town-home-style developments that featured sleeping rooms of 150 to 180 square feet with shared bathrooms and small shared kitchens, to the more modern buildings with larger units.
Architect Jay Janette was at ground zero for Potter’s first micro-housing project, and has designed 21 micro-housing projects in Seattle, Redmond and Kirkland. “I didn’t realize it was going to take off like a rocket,’’ he says of his first project with Potter. We’re seated at a conference table in the modest storefront office of Janette Architecture Planning Design, a residential architectural firm located below the Kickin’ Boot in Ballard.
It’s an open space that feels larger than its footprint thanks to south-facing floor-to-ceiling windows, and a floor plan that places employees in close quarters, their desks pushed together in groups. Janette lives in a two-bedroom bungalow in Ballard with his wife and their three children, so personally and professionally, he’s steeped in the challenges of living small. “People need to be able to bathe; they need to be able to sleep; they need to be able to be safe; they need to be able to have personalized space, something they can call their own,’’ Janette says. “People also need community.” Janette designed the initial projects with students in mind. He was surprised when young professionals and even older adults started moving in. The tenants, he says, “don’t spend a lot of time at home. They go to work, go out and spend time with their friends. They go out to eat, and then go home and do it again. . . . And because of the location, they can live in the city, and the city is an extension of how they live and where they live.”

Janette says two factors are critical to micro-housing: light and height. Earlier designs tended to be tall and skinny to accommodate higher ceilings and capture sunlight; more recent designs include atriums that bring light inside. Micro-living requires a ruthless eye for economy. “What the micros have taught me is that there are a lot of people out there who don’t have as much stuff as I do and don’t need that stuff,” Janette says. “I mean, think about how much of your living space just goes to storage. Footprint (a micro-housing developer) has this great tagline: ‘It’s just what you need.’ ” MORE

Wednesday, March 4, 2015

And now a word from our sponsors

Here at Coldwell Banker we have lots of listings coming on line which may interest you. I'm posting my favorites from today's broker tour:



2203 Fernleaf, in the Sunset Hills area just above Sunset Hills Country Club

This is a really great home, and it's SINGLE STORY.


Of course it's got a great floorplan and a kitchen done to the nines that opens to a family room and is adjoined by a breakfast room.

Another great feature is vaulted ceilings. This Living room is glassed in and is on the other side of the dining room which lends a formal air and sense of privacy.

the master really takes advantage of the high ceilings and features glass doors out to the yard, which adjoins dedicated open space.

The master bath features a large glass shower with a jetted tub. This is a great home and is featured at $799,000! That's a killer deal. If you need a long escrow you've found it: The seller wants to rent back until July. CALL ME to see this and other wonderful homes

Bluetooth Garage Door Opener!

OK, folks. It's coming right down the highway at you. Your phone will do/does everything. Especially remote controls. Thanks to RealtyBizNews for the nuts and bolts of this article.

Its time you turn your phone into more than just a phone/CandyCrush game console! Mentioned below are some of the currently available DIY or off-the-shelf solutions in the market to help you control your garage door remotely.
1. Controlling Your Garage Door With Samsung HM1100 Bluetooth Headset
THIS ONE IS FOR EXPERIENCED HACKERS ONLY To begin with, you are required to have a Samsung HM1100 Bluetooth Headset or you can purchase one from a suitable vendor. Next, break open the earpiece on the Headset and solder any one of the earpiece wires to a transistor’s base pin. Also solder the black and red wires to the other pins of the transistor. Now connect the red and black wires to your garage door openers. Here you will be making use of your Bluetooth headset’s audio amplifier for sending signals to your garage door opener. There’s a dedicated app on Android specially to make this process much simpler.

GarageMate is the app that is trusted by hundreds as the most secure garage door opener. It can be installed effortlessly within 2 minutes and guarantees to keep trespassers at bay. In case someone else is also using the same app, they will not be able to access your garage without your permission. The app is compatible with Liftmaster, Wayne-Dalton, Chamberlain, Somfy, AccessMaster and all other garage openers build in last 30 years.

2. Making Use Of Hiq Automation Iopener
The HiQ Automation iOpener is developed by Steve Szymke and Joshua Gramlich. The device is a small box, which can be attached with your current garage door opener within minutes and can then be paired with your smartphone via Bluetooth. HiQ iOpener allows you to set a 16-digit security code to ensure that no one else can gain illicit entry into your garage.

3. Tap It Open

There’s another app in the market that efficiently takes advantage of the Bluetooth technology and helps you manage your garage door from your smartphone. An easy to install app, it is fairly loaded with security features and provides you with the freedom to access a garage door at your convenience – Tap it Open works efficiently well on all android powered smart phones. The app takes full advantage of Bluetooth security and supports smart phones password protection feature too. Tap it Open provides you the opportunity to forget worrying about anyone stealing your garage door opener. IPhone versions are also available. These application work best for residential and commercial garage doors.

4. Daisy Bluetooth Multi-Thing Controller

For this you are required to have a Daisy Bluetooth Multi-Thing Controller. With Bluetooth Multi-Thing Control Kit you get USB power adapter, USB Cable, Bluetooth breakout board and free android software to interact with your smart phone. You do not require any soldering here. The controller contains screw terminals and control switches on the board. So, there you have it! What are you waiting for? Your garage door is often the face for your home. For maximum curb appeal, make sure it looks good and runs well.

Monday, March 2, 2015

Back after a short leave

I just could not get my old information to work to access this blog, so I blew it off. But since eblogger has merged with Google, I got in using googleplus!
My company has merged with Coldwell Banker and ironically I'm back at the same Coldwell Banker Office I worked for in the 90s. Very deja vu.

Monday, September 30, 2013

REOs: a Primer

I found this useful article authored by Pam Maglione. IN case you've been out of the country for the past 6 years, "REO" stands for "Real Estate-Owned", taken from the balance sheet statements of a bank.

Looking for a great real estate investment? Why not take a closer look at REOs? A prevalent term in real estate, REOs are considered sought-after properties by realty investors and independent home buyers who wish to get the most value out of their hard-earned money. When thinking of expanding your investment nest egg or when looking for a home to buy, it is imperative that you know what you are getting into before signing that deed. Stay on this page, if you want to know more about REO, its benefits, and where to easily find them.

What is REO All About?

In actuality, REOs are properties which have been foreclosed and turned over to banks or financial entities after it fails to be sold in a short sale. Properties usually include single or multi-family abodes, farms, commercial spaces, and vacant lands and buildings. Most foreclosed homes have attached creditor and tax liens, and sometimes, in need of substantial repair. Through REO arrangement, these attachments can be “cleaned” by the bank or financial institution to make the property more saleable. When repairs needed are substantial, banks usually sell these properties “as is” making it a favorite among prolific do-it-yourselfers looking for money-saving investments. Take note also that banks and lenders sometimes refer to REOs as “bank-owned” properties or simply “available properties” on their website.

Benefits of Buying REOs

Property buyers are predominantly interested in the money they can save from buying a Real Estate Owned property. If you care to check the current real estate market, it is understandable that most REOs are priced or listed sitting just within 10% below current market value. This, however, depends largely on the condition of the property and the amount of repair needed to make it usable and functional. If it is a private home, a buyer would want an REO that is livable and requires less expense on repair. This is no problem though to a home buyer who have great capabilities on DIY as buying it “as is” from a bank or lender can definitely stretch the value of his dollar.

As mentioned, REOs have free title liens and all other claims such as those from HOA, delinquent taxes, and mechanics. It is also generally vacant or unoccupied. This is usually pre-arranged by its previous bank or financial institution owner to increase its marketing and selling power. Think about buying a property with a clean title and no hassles on evicting a previous owner. This gives you enough advantage on not experiencing expensive and time-consuming legal predicaments later on.

Best Places to Find REOs

Predominantly, REOs can be found on bank and various mortgage lender websites. Lucky for those who have contacts, they can easily get good deals from insider information. Today, however, these financial institutions often sell their REOs in bulk or have these properties marketed by real estate brokers with standalone listings on their site. You can check out multiple listings on the net and make use of these sites with their easy-search mechanism. Some sites allow you to filter your search according to location, price range, property type, square footage, and sometimes, number of bedrooms and baths. This somehow saves you time and effort in finding the best property to invest upon. If buying REOs is an entirely new endeavor, working with an REO specialist can be of great help in locating the perfect property for you at a much reasonable price.

I am deeply involved in the REO Market. I've bought and sold countless REO's since the 1980s. I have a web page, REOs- Pennies On the Dollar where you may find the latest in properties I have available for sale.Or you can call me and I'll provide you with current info on REOs in your neighborhood.

Friday, June 28, 2013

Staging your home for sale? Yeah, it's still important-kind of

Well, we're in high selling season again, and we're in the perfect spot for a home seller as well. It's a sellers market, with several groups of Investment Trusts (REITS) from both the United States and abroad (think China and Singapore) bidding full price all cash or homes, and then there are individuals like yourselves trying to compete with this with traditional loans and a budget that is slowly eroding more by the day.

Homes are literally selling before the sign goes up, because after a recession you have a pent up demand. In this case , because of the credit markets, no one bought , or more importantly , BUILT, for six years. So demand has exceeded supply. Classic market economics.

Now what? Well, with the new dynamic, your home gets listed and twelve to fifteen cash buyers look it over without ever seeing it. It has to fit parameters of theirs that involve the dollar amount for "neutralizing" the decor to facilitate renting. beiges, Navajo White, that kind of stuff.

That is where savvy staging comes in. You want a place that looks as neutral and contemporary as possible because chances are it's going to sell based on it's internet photos. So in this sense, a good stager doesn't hurt. It might even catch the eye of an all cash buyer.

ZIP SELLER CENTER OPENS TO RAVE REVIEWS