Tuesday, June 26, 2012

Floating Homes, Life On Top of the Water

After Sleepless in Seattle put the Seattle Floating Homes Community on the map, people have been flocking to Seattle to seek out Tom Hank’s waterfront lifestyle. Many people dream about living near the waterfront, but few take the leap to actually live on top of the water. People living on the Lake Union waterfront community live in homes that sit on buoyant platforms that are docked and plugged into our electrical grid, and receive water and sewage services from the city.

Famed Sleepless in Seattle Houseboat

There are only a few floating home communities in the US, and the Seattle Floating Homes Association has helped the community to stay afloat today. People have been living in the community for over a century now, but life on the water was not as glamorous as it’s perceived today. According to CNN Money, the waterfront community used to be used for industrial purposes and shipping services. Sewage and waste was often dumped right  into the water where their homes sat! Today floating homes can sell for as little as $200,000- $2.8 million. For more information on currently floating homes for sale, click here.

Wednesday, June 13, 2012

Zillow Reports Home Values See High Monthly Increase

Attention Homeowners: there is hope after all for your beloved family home that holds more personal value than net worth! Last week, Real Estate website Zillow reported that both national home values and rent both rose in the month of April. According to Zillow, home values rose nationwide 0.7%, marking the largest month to month increase in value since 2006, and April is also the second month in a row for the value to increase! While King County home prices are on the rise, rent is also steadily climbing; of the 178 areas covered by the Zillow Real Estate Market Reports, 78% saw an increase in rent. The housing recovery appears to be headed in the right direction after all, even though a weighted number of Americans still have homes with mortgages that are underwater, or risk being in foreclosure.