Bellevue

Holiday Events Around the Sound

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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

Third Quarter Real Estate Market Reports

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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.

Chinese Search Engine Baidu Opens Bellevue Office

Chinese Search Engine Baidu Opens Bellevue Office

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.

Bellevue ARTSfair

Bellevue ARTSfair

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.

What's Driving Expedia's Big Regional Relocation?

Longtime Bellevue resident, Expedia, is hopping across the lake to Seattle proper by 2018. Careful not to create an "either-or" situation between the two cities, Bellevue City Manager Brad Miyake described Expedia’s move as “a real estate decision — pure and simple.”

The move seems to be a part of a much larger, growing trend of tech companies expanding their operations within the Seattle city limits; Amazon and Facebook also have both recently announced huge expansion projects. Along with the move to the soon-to-be ex-Amgen campus, Expedia also plans to add another 1,500 positions to its already 3,000 strong, employee base.

Time will also tell on how the move will affect the traffic and commute for area residents, as the nearly 75% of the company's employees living on the Eastside will now have to traverse an already overcrowded corridor to Interbay.

Read more>>

Chinese group lays out early plans for big downtown Bellevue property

Big developments coming to Bellevue! Once considered to be merely a suburb of Seattle, Bellevue has grown to become a destination and powerhouse in its own right; the momentum has no signs of stopping.

Leading the charge is a continuous stream of foreign investment and capital, most notably from China. In the latest of mixed-use construction projects, Plus Investment USA (the local arm of the Hong Kong based Plus Investment) plans to create a half-block project of multiple condominium towers that lie above street-level retail. 

The project is located on the south side of NE Eighth Street between 108th and 110th Avenues, with more concrete plans to come in the near future. 

Read more at Puget Sound Business Journal>>