Summer is just around the corner and with that, comes waterfront season. RSIR has released a comprehensive analysis of 15 months of waterfront sales, from January 2018 through March 2019.
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Real estate has been — and will always be — an industry that requires a personal touch. This human interaction will persistently be a critical component in the success of a sale. But as technology advances, the best agents will capitalize on data available to them to inform their decisions and use this as a tool to leverage properties.
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Spring is always a wonderful season for change. Many homeowners find this an ideal time to redecorate or renovate their home. Maybe it’s been awhile since you’ve made any updates or you feel recently inspired. Either way, I have a list you must read of 9 design trends that are taking over 2019.
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As droves of people flock to Seattle and the Eastside, local real estate continues to sizzle while showing some hints of cooling down. Realogics Sotheby’s International Realty’s latest market report details 2018’s third quarter trends for these two fast-growing regions.
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After nearly a decade of declining inventory in the Seattle area, The Seattle Times reports that the number of homes for sale “is finally starting to rise — and in a big way — as the rapid-fire market that has led to extreme bidding wars and lightning-fast sales slows a bit.” Referencing a report released by the Northwest Multiple Listing Service, the Times says that the number of single-family homes increased by 43-percent in June 2018 compared to this same time last year, while condo inventory skyrocketed by 73-percent.
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On Friday, April 27th, Norris NW Homes joined a collective of Realogics Sotheby’s International Realty (RSIR) brokers and members of the executive team at the Bellevue Schools Foundation’s 30th annual Spring for Schools Luncheon. Held at the Hyatt Regency in Bellevue, we were thrilled to help raise $825,000 to support local students and inspired by the stories we heard from students who have been positively impacted by members of our community.
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As indicated by average sales prices from around the Puget Sound in January 2018, the Seattle real estate market shows no signs of slowing, despite the start of the year typically marking a slowdown in our region. According to a recent article published by Seattle Times, “single-family home prices across the county surged nearly 20 percent in January compared with a year prior,” and virtually no area was left untouched by gains, with increases ranging from 11 to 28 percent.
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Earlier in January, over 1,300 real estate brokers and prospective buyers lined up at the sales gallery of One88, a new luxury condominium tower in the heart of Bellevue, to learn more about the 21-story tower that is currently under construction at 105th Ave NE. The building will offer 143 residences ranging from one to three bedrooms, with pricing from the low $800,000s to above $2 million.
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In Seattle's housing market, the need for rental units keeps increasing. To accommodate this need, many property owners are renovating their apartment buildings. Will the supply ever be large enough to handle the demand?
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