We are pleased to announce the Realogics Sotheby's International Realty 2016/2017 Market Report! The full publication features editorial content and a full review on trends to watch and year-end statistics.
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You’ve seen the headlines and read the blogs – it’s a tough market for homebuyers right now. Not only in the Puget Sound region but across the U.S., markets are reaching record low inventories and record high home values and sales prices.
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One of the biggest trends in tech has been the boom in home protection and automation systems. A prediction of growth in smart locks alone may reach a value of $3.6 billion by 2019 (that’s 13 times the value today).
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Not quite as synonymous with wine as Sonoma County, the Woodinville area still packs a punch in the vino business. With as many events in the month of March as there are varietals, there is surely something for all types of wine-lovers to enjoy. Thanks to 425 Magazine, they’re all neatly arranged so you can plan accordingly.
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Seattle has been ranked with the 2nd lowest rate of homes available for sale in the nation. According to a recent article by the Seattle Times, only .4 percent of all homes in the Seattle region were on the market at any given time last year. This rate of available homes sits only behind San Francisco, which has had 1 out of 332 homes for sale in the previous year.
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A recent article by The Business Times’ writer Vivien Shiao has detailed that there will be an expected 57.3 billion (US) dollars invested in global real estate in 2017.
This figure, determined by a joint project between European Association for Investors in Non-Listed Real Estate Vehicles (INREV), Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), and Pension Real Estate Association (PREA), represents a total average target allocation of 11.5% for investors, a gain of 1.5% from current allocations, according to Shiao.
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Seattle’s skyline is currently inundated with construction cranes and, with 58 of them, we currently have the most in the nation.
Developer Ethan Phelps-Goodman has created Seattle in Progress which details all the current and proposed construction projects within the city.
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