Real Estate Trends

Commercial Real Estate in Seattle Continues its Boom

Commercial Real Estate in Seattle Continues its Boom

As the recent Bisnow Seattle Construction & Development Forecast” event outlined, the commercial real estate industry in Seattle is continuing its boom and the city is even looking at ways to lessen the length of time of the permitting and approval process by adding staff.

2019 Housing Market Forecast

2019 Housing Market Forecast

The coming of a new year inevitably brings about moments of reflection on months passed and gives us the opportunity to envision where things will head over the course of the next year. As we begin our journey into 2019 and prepare to set—and achieve—our real estate goals, let’s take a look at the 2019 Housing Market Forecast with the experts at Forbes magazine and realtor.com®.

Millennials and Baby Boomers: How Two Seemingly Disparate Demographics are Shifting the Real Estate Industry

Millennials and Baby Boomers: How Two Seemingly Disparate Demographics are Shifting the Real Estate Industry

Though it would seem unlikely that millennials and baby boomers have much in common, recent headlines are drawing parallels between these two disparate generations when it comes to their real estate needs.

2017/2018 Market Report: Last Year’s Trends with a Look at the Coming Year

2017/2018 Market Report: Last Year’s Trends with a Look at the Coming Year

I am pleased to present Realogics Sotheby’s International Realty’s review of 2017 market activity in the Puget Sound. William Hillis, our acclaimed Research Editor and Data Analyst, has assembled a year-over-year performance review of eight key counties and 29 regional markets. In addition to market analysis, the report includes a timeline of Seattle’s performance on the S&P/CoreLogic Case-Shiller Home Price Index, the “Condominium Conundrum,” landmark sales on the Eastside, the effects of Chinese capital controls and Canada’s restrictions on foreign buyers, and more.

Seattle & the Eastside Set New Price Records in February 2018

Seattle & the Eastside Set New Price Records in February 2018

Though the winter months have historically given way to slowdowns within the Puget Sound real estate market, there was no sign of a slowdown in February 2018, as home prices in Seattle and on the Eastside reached new benchmark values. As Seattle Times reports, “Seattle’s median single-family-home price hit $777,000 in February, $20,000 more than the previous all-time high set just a month prior,” while on the Eastside, “the median cost of a house was $950,000, or $12,000 more than the peak price from two months ago.” According to Northwest Multiple Listing Service data, home prices in every Puget Sound county increased by at least 15%, with many setting record high values.