When paying $60,000 above asking price feels like a deal: here’s what a cooling housing market looks like in the Seattle area
The white-hot Seattle-area housing market has started to cool, by some measures. Last month, fewer new listings hit the market here and home prices dipped compared to a month earlier, according to data released Tuesday by the Northwest Multiple Listing Service.
The Seattle Times • September 7, 2021
Los Angeles developer Thomas Safran & Associates builds affordable housing at record pace
Founded in 1974, the company has since grown to own and operate 6,000 units and have 250 employees. It develops both market-rate and affordable housing units but specializes in affordable housing. These types of units are set aside for people who make a set percentage of the median income for the area. Some 80% of the company’s portfolio is in L.A. Before launching his namesake firm in 1974, where he serves as chairman, Safran served a stint at the Department of Housing and Urban Development, acting as a representative for L.A. to ensure developers were building quality projects.
Los Angeles Business Journal • September 13, 2021
Small number of big landlords account for large share of Maricopa County eviction filings
A relatively small number of landlords have accounted for a large share of eviction filings in Maricopa County, according to a national study. Based on analysis from the Eviction Lab at Princeton University, the 100 property owners and managers with the most eviction filings are responsible for more than one-quarter of the total since the end of June. They are also accountable for more than 20% of all eviction filings since the beginning of the pandemic in March 2020.
Arizona Central • September 13, 2021