The year 2018 began with Seattle remaining ahead of all U.S. cities tracked by the S&P CoreLogic Case Shiller Home Price Index for a 17th consecutive month.
The official report from Case Shiller noted that “Seattle, Las Vegas, and San Francisco reported the highest year-over-year gains among the 20 cities. In November, Seattle led the way with a 12.7% year-over-year price increase, followed by Las Vegas with a 10.6% increase, and San Francisco with a 9.1% increase.”
A few days ago, the Realogics Sotheby's International Realty nation came together for Momentum, our 2017 Real Estate Conference. I was honored to speak on the Best Practices panel with 5 of my esteemed colleagues. It was an amazing experience to discuss how I use our in-house marketing team to assist in taking a more global approach to my business!
From September 25th-27th, I joined thousands of affiliates from the Sotheby’s International Realty network in Las Vegas for the brand’s Global Networking Event, which brings brokers, owners, managers and sales associates together for exclusive networking and learning opportunities with keynote speeches, breakout panels and cocktail receptions.
Life on the shores of Puget Sound, as well as its neighboring straits and harbors, lakes and archipelagos, offers all the pleasures and adventure that draw people to the water’s edge. Realogics Sotheby’s International Realty presents a look at the waterfront market trends for the first half of 2017, from the shores of Bainbridge Island to the Emerald City and the Eastside.
Between Eagle Harbor and Port Blakely lies a few beautiful communities in one of the most tranquil settings on Bainbridge. This area is surrounded by water with beautiful views of Seattle and the sound. The neighborhoods and communities are a peaceful respite from the bustling activity of Winslow, while all the city amenities are just a 10 minute drive away.
The ‘Winslow Core’ neighborhood is a short stroll and a 35 minute ferry ride to downtown Seattle, so it is the most pedestrian friendly area on Bainbridge. It is also home to the largest concentration of Islanders. Living in Winslow means easy commuting during the week, leisurely walks to the bakery on the weekend, and quick trips to the library or market.
The Sunrise Drive area is the beautiful northeastern most part of Bainbridge Island, just north of Rolling Bay and east of Madison Ave. This gorgeous waterfront neighborhood is highly sought after because of the stunning sunrises (hence the name) and lively views of the Puget Sound shipping lanes, Cascade Mountains, downtown Seattle and Mt. Rainier. Close proximity to the Agate Pass bridge and easy access to the ferry are an added bonus.
As you arrive on Bainbridge Island, you will notice the beautiful shoreline that juts out to the east called Wing Point. It’s a lovely centrally located neighborhood with gorgeous views of Puget Sound and the skyline of Seattle. The original settlers on the point would watch the great numbers of bald-headed eagles that would nest in Eagle Harbor, inspiring the name Wing Point.
Examining the S&P Case-Shiller National Home Price Index, the home prices in the Seattle Region have risen by 11 percent between September 2015 and 2015, surpassing Portland which has had a 10.9 percent increase during this time period. Here is what you need to know about the causes and effects of Seattle’s booming housing market.