On October 23, 2024, over one hundred Realogics Sotheby’s International Realty (RSIR) brokers attended a bi-annual Market Maker panel and discussion at the Bellevue branch. Led by RSIR leadership, the featured keynote presentation was made by economist Matthew Gardner of Gardner Economics.
Read MoreRealogics Sotheby’s International Realty is excited to present the Market Trends From Around the Sound report, examining insightful data from this year’s third quarter. In exploring the year-over-year comparisons for 16 of the region’s distinct communities, we see a major boost in seller activity, with sizable increases in inventory for most of the markets. Buyers were able to make their real estate moves with more options available to choose from than we saw in Q3-2023. As for sellers, price growth in most communities meant that their decision to list their homes paid off.
Read MoreBuying or selling a home is one of the largest financial transactions most people will ever undertake. The Global Real Estate Advisors at Realogics Sotheby’s International Realty are a trusted source of advice and stand ready to help you navigate your real estate journey.
Read MoreExecutives from Realogics Sotheby’s International Realty (RSIR) announced the boutique brokerage firm (established in 2009) has now exceeded $20 billion in sales volumes over the past fifteen years as of July 2024. Meanwhile, new data compiled from Trendgraphix via the Northwest Multiple Listing Service (NWMLS) also reveals that RSIR is a consistent leader in luxury price points and broker productivity when compared to the top ten largest brands in the NWMLS network.
Read MoreAs the real estate landscape continues to buzz with the resurgence of buyers entering the market and seriously approaching realizing their real estate goals, we’re seeing more demand. However, although inventory levels are on the rise, demand still surpasses supply, meaning it’s more important now than ever for buyers to be prepared to make quick, confident decisions and offers. The best way to enter the market is informed, so start with reviewing the latest S&P Case-Shiller report.
Read MoreMortgage rates continue to be top of mind for both buyers and sellers as they attempt to time their moves within the real estate market this year. Although rates are down from the record highs they reached last year, many potential sellers are still hesitant to forgo the lower rates they enjoy for the current average 30-year fixed rate, which is at 7.53 percent. For buyers, they have to factor in higher rates as they figure out the type of monthly mortgage they can afford.
Read MoreAfter a sugar high of historically low mortgage interest rates in 2020 and 2021 (and consumer desire to live and work differently during the COVID era), the US set record housing sales values and volumes. Then to curb inflation, the Fed delivered eleven consecutive hikes in the central bank rate in 2022 and 2023, creating a whiplash effect with many would-be buyers practicing “wait and see.” Home prices spiked, stalled, corrected, and then rebounded all within 48 months.
Read MorePurchasing a home for the first time can seem like a major life event full of unknown requirements and new considerations. It is not always immediately clear what your financing options are when making a home purchase
Read MoreWhat’s in store for Seattle Real Estate? 2024 is your year for strategic movies.
Read MoreUnlock the hidden potential of your property with expert staging. In the dynamic world of real estate, first impressions matter.
Read MoreAs the winter winds sweep through Seattle, we invite you to immerse yourself in the warmth of the extraordinary views our high-end properties offer. After the holidays come to a close and winter settles in, we always take a bit of joy in looking ahead to the beauty of the Pacific Northwest through the spring and summer seasons.
Read MoreRising interest rates were a driver of a slowing real estate market in Seattle for 2023. As expected, the median sales price of $870K and average price per square foot of $536 were both down just under 6 percent compared to 2022. As we look ahead to 2024, we expect to see a similar market ahead, but with increasing spikes of opportunity and optimism.
Read MoreIf you’re considering selling your home in 2024, don’t wait until the summer!
Read MoreLike the seasons, the real estate market is cyclical. Additionally, winter is usually a time in real estate to hunker down and wait for the spring thaw. For instance, five-year trends will show the casual observer that active and new listings peak in May/June and recede through the summer before reaching low points in November/December. However, these cycles can be invigorated or hampered depending on conditions either directly or indirectly related to the housing market.
Read MoreAs the holiday season approaches, there's a special magic in the air, and it's the perfect time to make your home feel warm, festive, and inviting. Here are some of my favorite tips to turn your home into a cozy haven.
Read MoreImagine a home with only two previous owners, where the second owner kept the original 1930s charm intact. We are excited to share the captivating tale of this unique property that, with the right timing, strategy, and a little bit of magic, resulted in a thrilled seller and one amazing offer.
Read MoreDo you know what it takes to achieve the highest price for a non-view home in Blue Ridge? Let us take you behind the scenes of a remarkable sale that exemplifies the expertise, dedication, and impeccable timing of the “in Seattle” team.
Read MoreData for median home prices across the U.S. were released Tuesday morning for July 2023. We can see the overall index is posting new highs for median home values, with recent growth since the beginning of the year replacing price corrections experienced during 2022 when the market was initially reacting to the dramatic rise in mortgage rates.
Read MoreIt won’t be long before we start to see changing leaves and feel the crisp air of the autumn breeze sweeping through our neighborhoods. September can be an important month for getting your home prepped for cooler weather. Below I’ve outlined five things you can do this month to keep your house in tip top shape.
Read MoreEach quarter, Realogics Sotheby’s International Realty analyzes market data to examine trends and to ensure our clients better understand the real estate market.
