Apartment Choice

Last week the East Design Review Board threw a wrench in plans to begin construction on the complex planned around Capitol Hill Station when they declined to recommend any part of the project, including Capitol Hill Housing ’s planned 110 affordable homes on the B-North site. Board members voiced a variety of concerns, from Kenny Pleasant ’s objections to color palette to the chair Curtis Bigelow ’s concerns about the location of the daycare on Broadway, which he found to be in poor taste or perhaps dangerous. There was also Bigelow’s feeling that the building just hadn’t reached a high enough pinnacle of greatness. “This is a really good building. I think we were expecting it to be a great building,” Bigelow said, as quoted by Brandon Macz in Capitol Hill Times . Capitol Hill Housing ’s Communications Manager Ashwin Warrior said not getting the recommendation last week will certainly delay completion of the affordable housing and increase costs on the non-profit. “We anticipate...

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Coast to coast, the housing industry currently favors the home seller as prices are rising, sales surging and inventories dwindling -- which leave the residences on the market more valuable. Take Seattle as a caffeinated example. The northwest city of 3. 5 million people boasts the hottest housing market in the country since last fall, according to the Case- Shiller home price index and reported this summer in the Seattle Times. The typical single-family house in metro Seattle cost 12 .9 percent more in April than a year ago, the report notes. Other fast-rising markets are Portland, Oregon; Dallas; Denver; and Detroit, up 9.3 to 7.4 percent respectively. Those totals compare with a 5. 5 percent national price growth rate . What's good for owners and well-off buyers can be doubly troubling for at least one group: lower income property shoppers including first-time homebuyers who can't afford average and midpoint home prices or apartment rents . According to studies, the na...

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