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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5 Years of Insights

5 Years of Insights | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

2019 marks an exciting milestone for me – five years of blogging about commercial real estate!

 

While I’m always ready to weigh in on the latest real estate trends and predictions, ultimately, I continue to write this blog to provide granular market insights to better help readers grow their real estate businesses and success.

 

For today’s post, in honor of this five-year milestone, I revisit my top five most read blog posts and analyze which predictions rang true, what we got wrong, and even my biggest blog flop.

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Seattle Metro Report: June 2018

Seattle Metro Report: June 2018 | Dylan Simon -- Kidder Mathews | Scoop.it
Check out the latest Seattle Metro Rent Report for June 2018 to see the most and least expensive cities and cities with the fastest growing rents.
Dylan Simon's insight:

Seattle Area Rent Growth - The Fastest Growing Cities (Y/Y%)

–Kirkland, WA had the fastest growing rent since this time last year, up 15.7%.

–Burien, WA rent had the second largest year over year growth rate, climbing 15.5%.

–Puyallup, WA ranked as third with rent growing 14.3%.

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Clark Construction Group Takes a Look at Defining Market Trends in the Year Ahead

Clark Construction Group Takes a Look at Defining Market Trends in the Year Ahead | Dylan Simon -- Kidder Mathews | Scoop.it
All markets are hot. The Puget Sound construction market is well diversified. High-rise residential and office, healthcare, higher education, transportation, hospitality, and K-12 are all going strong. Local, National and foreign investors are all jumping on the Seattle bandwagon, and unlike typical markets where the general theme is cyclical change, this is not the current state in Seattle.
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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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Over 100,000 Apartment Units are Coming!

Over 100,000 Apartment Units are Coming! | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

Trends toward urbanization that began to take shape in the last decade look as though they will continue for some time. Developers plan to add more than 60,000 apartment units in urban neighborhoods in the next several years. Yet the story doesn’t end there, as another +40,000 apartments units are planned for otherwise suburban markets.

 

Understanding the potential impact of this new development before it happens is essential to predicting the trajectory of the region’s apartment investment markets, but first you must learn the what, where, and when of new apartment deliveries.

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Seattle DJC.com local business news and data - Real Estate - Simon says Tacoma Mall next for redevelopment

Seattle DJC.com local business news and data - Real Estate - Simon says Tacoma Mall next for redevelopment | Dylan Simon -- Kidder Mathews | Scoop.it
Dylan Simon's insight:

"A crucial difference between Simon's plans for Tacoma Mall and Northgate is that the latter will be served by light rail, beginning in 2021. Tacoma Mall is beyond the southern terminus of Sound Transit's light rail, which is expected to reach Tacoma in 2030.

 

The city's subarea plan does mention as a goal the possible light-rail extension to the mall, but that would have to be part of a future Sound Transit funding package."

Jack Henry's curator insight, February 13, 1:58 PM
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Washington state added nearly 100,000 jobs in 2017 - Puget Sound Business Journal

Washington state added nearly 100,000 jobs in 2017 - Puget Sound Business Journal | Dylan Simon -- Kidder Mathews | Scoop.it
Nearly 10,000 people disappeared from the state's workforce in December — but the Seattle area didn't feel it a bit.
Dylan Simon's insight:

Continued growth for Washington State, which added 95,500 new jobs in all 13 industry sectors last year, with professional and business services and the construction industry leading the way.

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