Blog
Buyers Frustration Over Low Inventory and High Prices
Pending sales are up but new listings are down across the Puget Sound area. Listings with mutually accepted offers (pending) reach their highest levels in January 2017 since back in 2005. This continues to repeat the same story that we’ve ...What Are the Largest Tech Employers in Washington State?
Tech companies are a dime a dozen in the Puget Sound region and many have more than 100 employees but only one has plans to add an additional 100,000 jobs by 2018. Amazon has plans to increase its workforce by 30% by mid-2018. Jeff Bezos, Amazo...Financial Benefits of Home Ownership
There are many benefits to home ownership. Many of the benefits of home ownership are tied into finances even benefitting owners at tax time. Here are some of the financial benefits home ownership can bring. Ownership Makes You Money ...
Zillow May Be Overestimating the Value of Your Home
Zillow May Be Overestimating the Value of Your Home and the Accuracy of the “Zestimate” Buying and selling a home is arguably one of the biggest decisions you’ll ever make. Find the right home then sell and hope you gain more at the sa...Amazon May Have Plans for a 5th Building in Downtown Seattle
Amazon paid $19.2 million for two adjacent properties in the Denny Triangle neighborhood with potential plans of building a fifth downtown high-rise tower. These two properties take up one-half block on the west side of seventh Avenue between B...
How to Choose Between Two Perfect Homes
So you’ve been to some open houses, gone on some tours, and now find yourself in an unusual dilemma: two houses that seem perfect for you. In a way, it’s a good problem to have — better to have multiple options than none, right? But it ca...
Benefits of a Traditional Broker Over a Discount One
Everyone wants a discount. Obviously. But is cheaper always better? If you’ve lived long enough to know that that is not the case you might be doing a little more savvy shopping these days, especially when it comes to looking for a real estat...
Some of Washington’s Largest Tech Employers
It’s no surprise that Washington state has more tech employers than just about any other state in the nation. Dozens of tech companies in Washington state break the 100+ employee mark and Amazon plans to add another 100,000 jobs to that numbe...
The World’s Most Extreme Rental Hikes Could be in Seattle
Seattle is the fastest growing big city in the country right now, which means land prices, building costs and rental prices are out of control. Warehouse rents are skyrocketing faster than anything around the Puget Sound according to a report b...Bellevue’s First Condo Project in Over a Decade
Bellevue will be getting its first condo development in over a decade. Set to be completed in 2019, One88 is Bellevue’s first condo project since the housing crash. Vancouver BC based Bosa Development, also responsible for Seattle’s Insi...
GIX to Establish a Physical Presence in the U.S.
And it’s Bellevue! The Global Innovation Exchange, or GIX, has established for the first time a Chinese research university’s physical presence in the United States. This new graduate Institute in Bellevue, run by the University of Washi...Selling Your Home in a Market of Millennial Buyers
The millennial generation makes up most of the buyers in the real estate market currently. Knowing what appeals to the millennial generation where home buying is concerned is a very smart move for anyone looking to sell or even to rent a home i...
What Will 2018 Look Like in the Real Estate World?
Emerging Trends in Real Estate is one of the most highly regarded annual industry outlooks for the real estate world and is now in its 39th year. The market looks towards 2018, providing a regional snapshot in all 78 major markets across the co...
Is Seattle in a Housing Bubble?
Times are different. We are not in a recession and we’re not in a housing bubble; this is really the way things are and prices are booming…according to Matthew Gardner, a local economist. The dynamics that led to the last housing co...How to Take Care of Floors in the Winter
Winter weather is wet weather. In Western Washington that can be anything from rain, to snow, to a mix. This wet and harsh weather gets tracked in on the floor from the bottom of shoes creating a nice mess that will have you feel like you spend...Leonard Steinberg is Stepping Into a New Role at Compass Real Estate
Four years ago, Leonard Steinberg stunned the brokerage world when he announced he was leaving Douglas Elliman for Compass, then a startup brokerage with just $150 million in its war chest. “It was a very tumultuous time, because I too...
Bill Gates Net Worth is $97.5 Billion – What Does He Spend it On?
Bill Gates net worth is almost $98 Billion, or at least it was when this article was published. Buying or building a house is a common billionaire dream but for Gates’, the word lavish doesn’t even begin to describe Xanadu 2.0. The compo...
Compass Realty to Acquire Pacific Union Real Estate
Compass, a real estate company based in New York created in 2012, is working on closing a buyout deal with Pacific Union International Realty. This brokerage is one of the largest on the West Coast with sales reaching $14 billion last year. ...
Real Estate Experts Discuss the Future of Seattle’s Eastside
The real estate business is constantly impacted by outside forces, everything from the housing market to zoning laws and new businesses. To discuss the current trends, Eastside agents met in Bellevue for the Commercial Real Estate Leaders’ ...
Facebook to “Add” Bellevue to Its Friend List
Bellevue is home to many large tech companies and they could be adding one more to their collection. According to anonymous sources, seeking to protect their business relationships, Facebook is looking to expand on the Eastside and is lookin...
The Eastside’s Fastest Growing Company Sets Up Home in Bothell
The west side of Washington is known as a home for technology, but one up-and-coming company is getting its start in Eastside. Conversion Logix offers digital advertising, media strategy, and marketing agency services and specializes in...
Buying and Selling Luxury Homes in Seattle and Bellevue
Seattle is booming, Bellevue is growing, and the housing prices continue to rise as more people move to the city. All the more reason to hire a seasoned real estate professional who knows the area when selling your luxury home. Article by Mary...
Why China’s Tencent, Alibaba, Baidu and Huawei are Building in Bellevue
Some of China’s biggest technology companies are flocking to Bellevue, lured by a promising public-private partnership and an unexpected recruiter: Microsoft. Huawei, China’s telecommunications giant, is among the Chinese firms that hav...
China’s Real Estate Agents Love Seattle – Here’s Why
The China Alliance of Real Estate Agencies toured the Seattle area in November 2017. This membership is responsible for about 60% of home sales in China and they love the Seattle area and explain why foreign home buying is surging in this reg...
Seattle is the 2018 Top Real Estate Market
The Seattle and Bellevue real estate markets are expected to be the nation’s top performers in 2018, according to the Emerging Trends in Real Estate Report by the Urban Land Institute and PwC (a nonprofit education and research institute....
Seattle Home Prices Practically Double Other U.S. Cities
Seattle’s real estate is one of the hottest markets in the nation. Seattle is leading the country in home price increases and we’ve almost doubled our home price growth over any other US city just in the last 11 months. Seattle’s hom...
Seattle Has Doubled it’s Tech Companies in the Last 3 Years
According to GeekWire, there have been more than 100 out of town tech companies set up in the Seattle region recently, doubling that number over the last three years.
Baidu Opens Seattle Area Office
The Chinese tech giant Baidu opens a Seattle based office, creating an additional U.S. outpost to expand its artificial intelligence and the cloud. Baidu has been well-known as the leading Chinese language Internet search engine. It covers fi...
5 Most Expensive Zip Codes in the Puget Sound
The Puget Sound Business Journal had a write up of the wealthiest ZIP Codes in the Puget Sound region throughout King, Kitsap, Pierce, and Snohomish counties. It was determined by a proprietary formula, which includes net worth, home value, p...
5 Things to Think About Before Buying a Condo
If you’re in the market for a new home in Seattle, a condominium can be a charming and convenient option. Condos are often less expensive to buy than houses or townhouses, and they can offer conveniences you might not otherwise be able to aff...
Bothell Finally Gets New Homes
The nationwide homebuilder Toll Brothers has acquired a large development in downtown Bothell where plans on building new homes. MainStreet Property Group, a critical base real estate company, has sold a large development property in downtown B...How to Determine Fair Market Value
One of the key questions that potential sellers typically ask an agent is, “What is the market value of my home?” Determining fair market value requires experience, knowledge and honesty in finding accurate comparable sales. In answering...15 of Seattle’s Best Neighborhoods
Seattle is Booming! That’s no secret, and with the recent visit from Chinese President Xi Jinping Seattle will even more be the forefront of business and growth. If you’re considering moving to the Seattle area or relocating within Seattle,...Seattle’s Backyard Cottages
Homes with small detached living spaces or potential to build an additional living space on the property are growing in popularity in Seattle. Since the city has changed the zoning laws to allow property owners to build Accessory Dwelling Units...