Tag Archives: real estate

Soaring Heat Wave Ahead

Stay hydrated with soaring heat wave ahead this week,  Jesse Tam. Temperature  in the region will soar beginning Wednesday though Friday and will reach triple digits in the Pacific Northwest.  The heat wave in the Emerald City is currently one of the longest streaks on record since June 18 without measurable precipitation on record.

Seattle has only had three days of 100-plus-degree heat, all in July from records dating to 1894

  • July 29, 2009: 103 degrees
  • July 20, 1994: 100 degrees
  • July 16, 1941: 100 degrees

Tips to beat the heat

  • Stay hydrated even if you don’t feel thirsty.
  • Wear light-colored clothing to stay cool.
  • Take breaks if you are outside, and find shade when you feel hot.
  • Always “look before you lock” your car to make sure you haven’t left your kids or furry friends in the backseat.
  • Check on your friends and neighbors that are susceptible to summer heat.

Remember to walk pet early or in the evening.   Watch the hot pavements, have plenty of water and find shaded areas during the summer heat.  Stay connected https://jessetam.com/   Thanks for reading   Jesse  

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Seafair Parade

Seafair Parade is here, Jesse Tam.  It’s the summer time gathering for the Alaska Airlines Seafair Torchlight Parade on July 29 starting at 7:30 pm.  View the marching bands, floats, balloons, clowns and dance in celebration of Seattle  The event is free and great for families of all age groups.  Reserve seating is also available for purchase.

The parade will start from the Seattle Center along Mercer Street.  Come early and join the FanFest and explore the exhibit booths, food vendors and the Blue Angels balloon. The route starts at the Seattle Center (4th & Broad Street) on 4thAvenue and ends on South Washington Street.  http://www.seafair.com/p/schedule/299

Join the fun along the route on 4th Avenue and bring your chairs to enjoy the festivities.  

It’s a great community event for those marching and all participants involved with Seafair.  Thanks for following  Jesse  https://jessetam.com/

 

Real Estate Growth

The real estate market has definitely hit a high note in Seattle, Tacoma and Bellevue. Visitors and clients discussed with Jesse Tam the quality of life and investment opportunities in the commercial and housing market. The downtown cores of Bellevue projects range from office towers, hotels with condo using funding sources from the EB5 investment program. The USCIS administers the Immigrant Investor Program “EB-5,” created by Congress in 1990 to stimulate the U.S. economy through job creation.

There are several projects using the EB5 funding source and centers to finance the skyscraper towers  in South Lake Union.  Drive around the areas and you’ll notice the detours, construction cranes and of course, traffic jam during and off-peak times.  Commercial properties are currently sold to outside investment groups at top prices since office spaces are in high demand.  The job market is strong with skilled workers and high-tech industries expanding offices such as Google, Expedia, Zillow and others to Washington state.

The housing market has created multiple offers and above prices on some of the homes sold. Fewer listings and more buyers,  while interest rates remain relatively low creates a challenging market.  Sellers with houses priced correctly are seeing their listing sold quickly and cash offers.  Jesse Tam understands the needs of the clients searching for certain communities and the right real estate. The close proximity to shopping, transportation and education are important factors for families in Bellevue and surrounding areas.

Seattle Skylines

South Lake Union area Construction

Washington Investments

The current economic issues, Jesse Tam details the EB5 investments opportunities creating an immigration market between Seattle and Asia.  Families in Asia are thinking about the future of their child’s education, food safety, clean water, smog issues, pollution, health and traffic. The new wealth amount Asian multimillionaire and billionaire provides a better lifestyle and environment.  The changes for the new entrepreneurs with cars and high rises lifestyle provides the ability to venture to new places and countries abroad. They travel to destinations that were once only dreams but now become a reality.

Investors are snapping up commercial buildings, land and houses in the Bellevue area from their new wealth.  The housing market created bidding wars on cash offers and prices above.  Reports and movies confirming great livable cities such as Seattle/ Bellevue and our education systems has created an opportunity for immigrants and investors.  They marvel at the blue skies, fresh air, mountains, lakes and affordability.  Washington state with the technical fore front Boeing, Microsoft, Starbucks, Alibaba, health care research, wineries and  the Yakima valley orchards.

A tour with Jesse Tam at a Yakima Orchard and famous apples from Washington state.  Trade for import and export is a major importance for our state and port traffic.  Our region has the climate for quality produce and harvest in fresh fruits and wine.  Asia loves the varieties of apples available from our area.  One of the places overseas visitors  enjoy is seeing the farms and orchards.

Apple Containers for Market

 

Processing Apples

Fruit Orchard