It's no secret that the Seattle-Metro area housing market has been at, or near, the top of the nation's list for some time now (13 months to be exact). However, as typical with the winter months, that trend seems to be slipping just a bit
The Holiday season is upon us and we are so excited to attend some themed events in our communities! Hope to see you there!
November 21st - January 1st: Seattle Gingerbread Village
November 24th - December 24th: Snowflake Lane in Bellevue
November 24th - January 1st: ZooLights at Point Defiance Zoo
November 24th - January 1st: Wild Lights at Woodland Park Zoo
November 25th - December 31st: Garden d'Lights at Bellevue Botanical Garden
December 1-3, 8-10, 15-17: Leavenworth Christmas Lighting Festival
December 1st - December 23rd: A Christmas Carol at Second Story Repertory in Redmond Town Center
December 1st - December 23rd: Issaquah Reindeer Festival
December 14th, 6pm -9pm: SAM Lights at the Olympic Sculpture Park
Realogics Sotheby's International Realty presents a look at the housing market trends for the third quarter of 2017, check out all the details across the sound; from in-city Seattle living opportunities to the Eastside’s most distinguished residences.
Seattle | Single Family Homes
Prices continued to exceed seller’s expectations in Q3-2017, as the median sales price reached $881,000, a sharp increase compared to last year’s $786,000 average. View report here.
Seattle | Condominiums
The average sales prices for condominiums in Seattle as a whole increased by 11.6% compared to the third quarter of 2016, while the value of condos in the downtown core continues to skyrocket. View report here.
Eastside | Residential
Despite cooling autumn temperatures, the market on the Eastside is red hot, as the region’s same-quarter sales in the third quarter of 2017 remained steady from 2016 and the days on market decreased to 18 days. View report here.
The Silicon Forest welcomes one more company to the grove. The top search engine in the Chinese language, Baidu, has opened an office in downtown Bellevue in an effort to expand its reach in the world of artificial intelligence and cloud computing.
Released late last month, the RSIR Quarterly Reports show an in-depth look at the housing market and real estate trends from the first two quarters of 2017. The reports focused on Seattle, the Eastside and Bainbridge markets; but another recent semi-annual report pulled details from several neighborhoods and areas around the sound. The numbers from both reports show an increase in median home prices in every studied area.
Celebrate 71 years of “handmade excellence and supporting national designers, artists, and craftspeople” with the Bellevue Arts Museum ARTSfair starting Friday July 28th through Sunday July 30th. The busy Bellevue streets will be closed as art admirers, collectors, and anyone with an interest in art gathers to view local and national artists behind the Bellevue Mall.
As featured in The Seattle Times, the housing market continues to rise. With Seattle's hot real estate market, housing prices continue to be on the rise. This has caused many homes within the Greater Seattle Area to have prices averaging $1,000,000. Coming in at the top of the list, Queen Anne is the first large neighborhood to have a median price price of $1,000,000 and looks like it will be the model for pricing in comparable Seattle neighborhoods.
As a recent Realtor.com report indicates, home prices around much of the country continue to increase and “in large swaths of the country, a cool million has mostly come to represent the new standard for good, upper-middle-class housing.”
When mentioning “staging” to real estate clients we’re often met with reluctance or confusion. It has become somewhat of a controversial, and often not-trusted, practice by sellers. For those unaware, staging home, to us, means setting up your home to look the most appealing to the widest set of buyers. We want people who see your home to be able to picture themselves in that home!
We are pleased to announce the Realogics Sotheby's International Realty 2016/2017 Market Report! The full publication features editorial content and a full review on trends to watch and year-end statistics.
Not quite as synonymous with wine as Sonoma County, the Woodinville area still packs a punch in the vino business. With as many events in the month of March as there are varietals, there is surely something for all types of wine-lovers to enjoy. Thanks to 425 Magazine, they’re all neatly arranged so you can plan accordingly.
Seattle has been ranked with the 2nd lowest rate of homes available for sale in the nation. According to a recent article by the Seattle Times, only .4 percent of all homes in the Seattle region were on the market at any given time last year. This rate of available homes sits only behind San Francisco, which has had 1 out of 332 homes for sale in the previous year.
A recent article by The Business Times’ writer Vivien Shiao has detailed that there will be an expected 57.3 billion (US) dollars invested in global real estate in 2017.
This figure, determined by a joint project between European Association for Investors in Non-Listed Real Estate Vehicles (INREV), Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), and Pension Real Estate Association (PREA), represents a total average target allocation of 11.5% for investors, a gain of 1.5% from current allocations, according to Shiao.