#NEseattle

Three new light rail stations – North Seattle, Oct 2nd!

by Robert Johnson

By KIRO 7 News Staff

SEATTLE — Commuters will soon be able to ride underground from Downtown Seattle to Northgate traffic-free when three new Link light rail stations open next month.

The 4.3-mile Northgate Link Extension will open on Oct. 2 with new stations in Northgate, the University District and Roosevelt.

The U-District and Roosevelt stations are underground. The Northgate station is elevated and will act as a transit hub with frequent bus connections, a park-and-ride, and a bicycle and pedestrian bridge to North Seattle College.

During peak hours, trains will run every 8 minutes. A trip from Northgate to the Westlake Station in downtown Seattle will take 14 minutes.

Tacoma’s Hilltop, the Eastside, Lynnwood, Federal Way and Downtown Redmond stations open by 2024 and will nearly triple the length of the region’s light rail system from 22 to 62 miles.

https://www.kiro7.com/news/local/three-new-light-rail-stations-open-north-seattle-next-month/NBAWQYJOPRDZ5F7LCJDMNZPHWA/

Blocks to new U District Link station!

by Robert Johnson

Duncan Place is an amazing investment condo!

Superior location with easy access to the best of Seattle – University of Washington, Trader Joe’s & Upcoming U District Link Light Rail to everywhere.

Exceptional 2nd floor unit on SW corner opens to large deck.

Well maintained like new 2009 building. Secure parking & storage in garage.

Great Room – kitchen with granite counter tops & upgraded appliances. hardwoods throughout + carpet in bedroom.

NO RENTAL CAP. Walk Score(TM) of 94! Location is everything for living this Seattle lifestyle!

https://robertbjohnson.com/listing/104301801

Minutes walk to the U District Link Light Rail station coming early 2021!

Minutes to the South End of Lake Union.

Zero (0) step building is well maintained inside and out with secure lobby for mail and packages + secure common garage.

Artist rendering of the U District Link station coming early 2021 – 12 minutes to downtown Seattle!

2020 – Why you want to be in Seattle

by Robert Johnson

I was able to listen to our chief economist for Windermere yesterday for his annual economic forecasts heading into 2020. The slides below illustrate his forecast for the Seattle area moving into 2020. #realestateislocal

Matthew Gardner, while being one of the brightest minds in our company, knows how to deliver a message.

We all know that most economist are calling for a national recession in the not too distant future. But most are now pushing back for this to begin in mid 2021, be short lived and not focused on the housing market like the great recession.

Matthew feels the next recession will be due to the ongoing trade wars with China and the EU as well as our escalating national debt. With interest rates already at historic lows, the Fed will NOT be able to help end the recession by lowering rates.

But the Seattle area will be somewhat insulated to these national issues in the coming years, here’s why…

We’re no longer a one trick pony. Like when this sign from 1973 went up during a Boeing slump. Seattle’s industries have diversified. There are now 34 Fortune 500 companies in the Seattle Area compared to 7 just a few years ago! Boeing is still king with over 80,000 employees in the area but their ups and downs don’t threaten the Seattle economy like they did not too long ago.
The tech industry is the largest employer in the Seattle Metro area and have driven our unemployment #’s down to 3%.
The other employers to round out the top 5 for the Seattle area are JBLM, Joint Base Lewis McCord (56,000), Microsoft (42,000), Amazon (25,000) and UW, University of WA (25,000). A healthy mix of different industries that are projected to grow their employment by 2.2% next year, again leading the nation.
All of these growing companies in the Seattle area are why our economy will continue to expand through 2020.
There is still no signs of a Housing Bubble.
- $18.7 trillion dollars of home equity in the US! We’re not upside down on our mortgages like during the great recession.
- FICO credit scores are over 750 and the average amount of a down payment was 17%.
- So we’re qualified and invested when we purchase our homes.

Semi-Annual Shred-Recycling at WW office

Three new light rail stations – North Seattle, Oct 2nd!

Old School Postcard

Blocks to new U District Link station!

2020 – Why you want to be in Seattle

COAT DRIVE for NE Seattle school children