Posts in Real Estate
Increasing Inventory Contributes to a Slowdown in Seattle-Area Home Price Growth

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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The Seattle Real Estate Market Shows No Signs of Slowing in 2018

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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Is Co-Living the Next Big Real Estate Trend?

In recent years, co-working has emerged as a sought-after alternative to the structure of the traditional office, and as Forbes reports, the trend it now making its way into co-living concepts around the country. The idea is that residents live far beyond the four walls of their home, in a community atmosphere with “an emphasis on amenities and community.” The option is particularly popular among millennials, for its “affordability, flexibility and ease of use.”

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Tax Moves to Make Before 2018

The New Year brings new beginnings, and with President Trump expected to sign the new tax reform bill any day, it may pay off to prepare for 2018 by making a few tax moves today. As a recent Seattle Times article outlines, there are a few simple moves you can make now, that will help your tax future. Many of the sweeping changes to the individual tax code will “kick in on Jan. 1, and there are steps you could take in the coming days to maximize new advantages and minimize the potential hit from other changes.”

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Benjamin Moore’s 2018 Color of the Year Heats Things Up

Though autumn has brought cooler temperatures to the Pacific Northwest, Elle Décor made a hot announcement this week, as they shared the Benjamin Moore 2018 Color of the Year! A drastic shift from the dark and alluring deep purple of 2017’s “Shadow,” 2018’s color is a spicy, eye-popping shade of red called “Caliente AF-290.”

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Trend Alert: New Directions in Home Design from Denmark's Design Fest

In early June, designers, artists and enthusiasts ascended upon Copenhagen for the annual Design Fest, where they “presented their newest ideas and products, and shared their thoughts on the future of Danish Design.” Kasper Iverson of Houzz highlighted a list of his favorite trends following the event, from color to furnishings and finishes that are “certain to find their way outside Scandinavia.”

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Seattle Relocation Patterns

In recent years, the Seattle area has attracted new residents in droves. The booming job market, nearby outdoor amenities, and relatively affordable cost of living has many considering our region the most desirable for relocation. Can you blame them? With Amazon and Microsoft  regularly making huge business moves (not to mention Starbucks, Facebook, Google, T-Mobile, Expedia, REI, Apple, etc) the job market is consistently flourishing.

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Tech Cities 1.0 Report Reveals "How real-estate investors see Seattle tech"

In an article published June 15th, Jon Talton of The Seattle Times discusses the Tech Cities 1.0 report, which ranked Seattle 6th among the 25 most elite technology hubs in the United States. The results of the report are important in a city such as Seattle, given that “real-estate investors and site selectors pay attention to analyses such as this” when making critical investment decisions.

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