Dylan Simon -- Kidder Mathews
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Dylan Simon -- Kidder Mathews
I specialize in the sale of apartment buildings in Seattle and the greater Puget Sound region.  I focus on the sale of both apartment buildings and developable land ranging from $1M to $100M. I am passionate about real estate investment and development, economics, technology and urbanism. Through brokerage I assist apartment investors and developers in achieving the highest possible levels of return and build an advisory relationship that lasts ownership life-cycles instead of just a transaction.
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Seattle DJC.com local business news and data - Architecture & Engineering - Durkan to fast-track backyard cottages

Dylan Simon's insight:

"Seattle will fast-track preapproved designs for detached accessory dwelling units (DADUs) and hire architects to develop several standard architectural plans for backyard cottages that could be built and permitted more quickly and at a lower cost."

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Rental Housing Sector Worth $8T: Berkshire Group

Rental Housing Sector Worth $8T: Berkshire Group | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

"According to their newest report, the U.S. apartment market is larger than office, industrial and retail combined, with multifamily accounting for $2 trillion of that total."

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King County property taxes rising between 9 and 31% — depending on your city

King County property taxes rising between 9 and 31% — depending on your city | Dylan Simon -- Kidder Mathews | Scoop.it
Countywide, the 2018 property tax bills being sent out soon will be 17 percent higher on average than last year's. A spokesman for the assessor says it's "the largest property-tax increase in King County in modern history."
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Fannie Mae Multifamily Posts Big 2017, Ranks Top Lenders

Fannie Mae Multifamily Posts Big 2017, Ranks Top Lenders | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

"Fannie Mae’s Delegated Underwriting and Servicing (DUS) program had a record year in 2017, providing more than $67 billion in financing and supporting over 750,000 units of multifamily housing."

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Foreign Investors Continue to Prefer Industrial Properties in 2018

Foreign Investors Continue to Prefer Industrial Properties in 2018 | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

Unexpected trends in housing preferences among Millennials have driven foreign investment in industrial properties:

“Industrial properties…suddenly seem like a no-brainer, with trends from e-commerce growth to omni-channel retailing to legalization of marijuana promising rising demand and growing rents, supported by a shortage of new construction for much of the current cycle.”

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What’s the Verdict on Urban vs. Suburban CRE Investment?

What’s the Verdict on Urban vs. Suburban CRE Investment? | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

Housing trends among Millennials have been hard to predict: "...today’s suburban interest is focused on close-in transit-oriented and highly-amenitized 'first ring' suburban locations, as opposed to the more traditional, outlying suburban locales developed after WW II."

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Redfin migration report finds a first for Seattle: More users searching for a way out of city than in –

Redfin migration report finds a first for Seattle: More users searching for a way out of city than in – | Dylan Simon -- Kidder Mathews | Scoop.it

"For the first time, Seattle saw more Redfin users — those shopping for a place to live — looking to leave the area than to move into it."

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Yardi: Rents Rise 2.8% Year-Over-Year Through January 2018 | Multifamily Executive Magazine | Economic Conditions, Rents, Supply and Demand, Research, Occupancy and Vacancy Rate, Economics, Local M...

Yardi: Rents Rise 2.8% Year-Over-Year Through January 2018 | Multifamily Executive Magazine | Economic Conditions, Rents, Supply and Demand, Research, Occupancy and Vacancy Rate, Economics, Local M... | Dylan Simon -- Kidder Mathews | Scoop.it
Matrix Monthly report predicts metro-level multifamily rent growth will trend toward the median in the coming year.
Dylan Simon's insight:

Hold out judgement on slowing rent growth for Spring! "YOY rent growth has remained between a high of 3.0% and a low of 2.4% in the past year, following two years of above-trend increases. Yardi expects rent growth to remain in the 2.5% range but believes the next few months will provide a better idea of rent trends for 2017, as rent-growth trends flatten during the winter."

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Where Are Multifamily Developers Going Next?

Where Are Multifamily Developers Going Next? | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

“'Some of the high-end suburbs can handle additional development,' says Willett. 'There’s also building potential at the right price point in neighborhoods where workforce housing dominates.'”

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15 months and counting: Seattle retains title as the nation’s hottest housing market

15 months and counting: Seattle retains title as the nation’s hottest housing market | Dylan Simon -- Kidder Mathews | Scoop.it
Home prices in Seattle continue to climb faster than any other city in the nation, giving the Emerald City the title of the hottest housing market for the…
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EnCourage Realty's comment, November 1, 2018 2:54 AM
great news
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Video: Inside Amazon’s traveling smart home trailer, where Alexa controls the PC, coffee pot and the mood

Video: Inside Amazon’s traveling smart home trailer, where Alexa controls the PC, coffee pot and the mood | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

Is this a sneak peak at how we will function at home in the future?

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Americans are moving house much less than they used to, and age has a lot to do with it

Americans are moving house much less than they used to, and age has a lot to do with it | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

"The Puget Sound area is one of the exceptions to this trend of slowing migration. Of the more than 3,100 counties in the nation, none saw a bigger jump in the number of movers from other counties last year than Pierce and Snohomish..... King County also saw an increase in net migration last year."

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