The vacancy rate of “stabilized” properties in the Seattle metro rose to 5.2%, the highest 3rd quarter rate since 2010. Concessions kept this vacancy rate from going even higher – such as one-month free rent, gift cards, move-in allowance, or whatever.

2 Oct 2019 In 43 cities, including Chicago, Seattle and Las Vegas vacancy rates improved over the past year. The metric worsened in several areas where  LOWEST VACANCY RATES AMONG TOP 25 MARKETS. Market. Vacancy Rate The hottest market in the first half was Seattle with 4.2 million SF of positive  9 Sep 2019 With the U.S. unemployment rate near a 50-year low, openings at the Amazon's job boards list many more openings in the Seattle area and  1 Jan 2019 vacancy rates despite an elevated level of new supply. Seattle remains a top growth market despite an abundance of new supply, but  3 Jan 2018 Similarly, in Seattle and Portland, vacancy rates for less-than-median-rent units were 5.8 and 5.6 percent respectively in 2006. However, in 2016, 

694 sq. ft. The average size for a Seattle, WA apartment is 694 square feet, but this number varies greatly depending on unit type, 

5 Nov 2018 Typical new construction six-story apartment building in Seattle's South Lake Seattle's sales tax rate, counting state and local levies, is a steep 10.1 Yes with a new building in a hot market with negligible vacancy you can  25 Jun 2018 Vacancy rates are up to 7.5 percent in greater Seattle, and many landlords are offering deals like a month's free rent. Seattle Rental Vacancy Rate The rental vacancy rate is the fraction of homes for rent that are not occupied. 3 In 2017 the rental vacancy rate for Seattle Washington was 3.61% according to Census ACS data. Primarily driven by relatively high vacancy rates in the Puget Sound region and the large volume of rental units in comparison to other areas of the state, King County recorded the highest overall vacancy rate at 5.3% while the lowest was found in Skagit County with a vacancy rate of 0.0%. It should be noted that all This indicator reports apartment vacancy rates for neighborhoods in King County, and analyzes the trend in vacancy countywide. Rental vacancy rates are influenced by the availability of housing stock and measure the capacity to accommodate household demand. A vacancy rate of five percent is generally regarded as a normal market rate.

Specific neighbourhoods have seen vacancy rates hovering within the teens. South Lake Union, where Amazon’s presence has particularly been felt, is experiencing an 18% vacancy. Elsewhere in the region, 16% of rental units in Seattle city centre are empty, 13% in First Hill, 11% in Queens Anne-Magnolia, and 12% in Redmond, where Microsoft’s

5 Nov 2018 Typical new construction six-story apartment building in Seattle's South Lake Seattle's sales tax rate, counting state and local levies, is a steep 10.1 Yes with a new building in a hot market with negligible vacancy you can  25 Jun 2018 Vacancy rates are up to 7.5 percent in greater Seattle, and many landlords are offering deals like a month's free rent. Seattle Rental Vacancy Rate The rental vacancy rate is the fraction of homes for rent that are not occupied. 3 In 2017 the rental vacancy rate for Seattle Washington was 3.61% according to Census ACS data. Primarily driven by relatively high vacancy rates in the Puget Sound region and the large volume of rental units in comparison to other areas of the state, King County recorded the highest overall vacancy rate at 5.3% while the lowest was found in Skagit County with a vacancy rate of 0.0%. It should be noted that all This indicator reports apartment vacancy rates for neighborhoods in King County, and analyzes the trend in vacancy countywide. Rental vacancy rates are influenced by the availability of housing stock and measure the capacity to accommodate household demand. A vacancy rate of five percent is generally regarded as a normal market rate. A glut of new apartments washing over the city has quickly turned the tables as vacancy rates hit their highest levels since the recession, led by downtown Seattle, where one-fourth of all Greater Seattle has the nation's 6th lowest rental vacancy rate while Portland ties for 11th with two other U.S. metro areas. The U.S. Census Bureau reports that the third-quarter 2019 rental vacancy rate for the Portland/ Vancouver/ Hillsboro metro area was 4.7%, an increase of 0.2% from one year earlier.

This reflects a minimum sewer charge, a daily base service charge, and an administrative vacancy rate for garbage service. Water. Water leaks, dripping faucets or 

18 Oct 2019 SEATTLE: BC Premier John Horgan (middle), Washington Governor Jay To deal with Vancouver's near-zero rental vacancy rate, Kelley's  26 Jun 2018 The vacancies rates around the city sit at about seven per cent compared to the roughly four per cent vacancy rate of the past. Vancouver, like 

15 Oct 2019 That's according to Seattle company Commercial Analytics' report, which found that the vacancy rate in March was 2.75 percent while rents 

This would be the worst-case scenario for Q1 2019. The best-case scenario, as Apartment Insights sees it, given the estimated demand, is a vacancy rate of 7.8%, with a mid-point of 8.4%. This growing vacancy rate is occurring despite Seattle’s hopping economy and employment growth. Greater Seattle has the nation's 6th lowest rental vacancy rate while Portland ties for 11th with two other U.S. metro areas. The U.S. Census Bureau reports that the third-quarter 2019 rental vacancy rate for the Portland/ Vancouver/ Hillsboro metro area was 4.7%, an increase of 0.2% from one year earlier. Specific neighbourhoods have seen vacancy rates hovering within the teens. South Lake Union, where Amazon’s presence has particularly been felt, is experiencing an 18% vacancy. Elsewhere in the region, 16% of rental units in Seattle city centre are empty, 13% in First Hill, 11% in Queens Anne-Magnolia, and 12% in Redmond, where Microsoft’s Only three metro areas in the country — New York, Dallas and Los Angeles — built more apartments than Seattle last year. … For a while it looked like developers might have been too aggressive with all those new units: Vacancy rates had been rising, recently reaching their highest point Currently the vacancy rate is about 2.5 percent, with rental rates increasing by over 10 percent within the last year. Current rental rates are running $17-$32 per square foot, triple net. These four trends will continue to influence Seattle's growth in 2018. The high price of homeownership has kept the apartment vacancy rate under 4%, while the average effective rent has risen

Specific neighbourhoods have seen vacancy rates hovering within the teens. South Lake Union, where Amazon’s presence has particularly been felt, is experiencing an 18% vacancy. Elsewhere in the region, 16% of rental units in Seattle city centre are empty, 13% in First Hill, 11% in Queens Anne-Magnolia, and 12% in Redmond, where Microsoft’s Only three metro areas in the country — New York, Dallas and Los Angeles — built more apartments than Seattle last year. … For a while it looked like developers might have been too aggressive with all those new units: Vacancy rates had been rising, recently reaching their highest point Currently the vacancy rate is about 2.5 percent, with rental rates increasing by over 10 percent within the last year. Current rental rates are running $17-$32 per square foot, triple net. These four trends will continue to influence Seattle's growth in 2018. The high price of homeownership has kept the apartment vacancy rate under 4%, while the average effective rent has risen The occupancy rate of hotels in the United States was 55.1 percent as of January 2020. The occupancy rate in the U.S. has shown almost consistent year-to-year growth over the past nine years.