Dave Poletti's (davepoletti) Blog

  It appears the rental rates for Seattle Condominium homes may be on a slight rebound after a significant drop from a year ago. Demand has increased during the 4th quarter of 2011. This is primarily due to the continuing unstable sales market. Potential buyers are simply on the fence about the f...

- Seattle Rental Market Update - The rental market in Seattle continues to be stable and the forecast is for a healthy market into next year. Prices have fallen slightly in the past couple of months but only slightly as supply has risen. Homes in the $1,500.00 to $2,000.00 are the highest demand...

Letter From the Housing Resources Group (in King County):"We have had people show up at a few of our buildings expecting to have an appointment with a leasing agent in order to sign papers and move into an apartment. They are sent by a company called United Relocation Services or United Services...

  Dear Clients and Friends,   For many years now it has been required by the FCRA to give an applicant that has been denied or required to have a co-signer or increased deposit (anything other than a straight approval for tenancy) a notice called an Adverse Action Notice commonly known as a Cons...

Property Management Update - Service Members Civil Relief Act Attention Landlords:  Please be advised that there has been a change to the federal Service Member's Civil Relief Act, affecting military members who receive deployment orders. Under the old act, if a member gave orders for deployment...

NWMLS - Just Released Statistics 06/2011 Based on the latest statistics from the Northwest Multiple Listing Service, it looks like the market is down about 5% from a year ago. Here are the actual numbers: Year-to-date pending sales are slightly under the total for the first five months of 2010 w...

Seattle Area Sees Fewer Apartment Vacancies, Higher Rents For the first time in a few years, the rental market is really starting to pick up. Although November and December of 2010 were relatively slow for everyone, we saw a big jump in demand shortly after the first of this year. The only marke...

Landlord / Tenant legislation update Another legislative cutoff occurred on March 7.  By that date bills had to be voted out of the house of origin to remain viable for this session.  Despite this deadline, bills that could have an impact on the budget may still have some life left and could be ...

  Legislative Day on the Hill - Property Management Legislation On January 27th, King County NARPM participated in the annual Legislative Day - Day on the Hill. The entire day was devoted to meeting legislators to discuss issues important to the rental housing industry. Over 150 people from housi...

Dave Poletti Becomes president of the King County Chapter of NARPM Seattle, Wash. - January 28, 2011- Dave Poletti is the new president of the King County Chapter for the National Association of Residential Property Managers (NARPM). Mr. Poletti replaces Kellie Tollifson from T Square properties...