531 Sky Lane, Skykomish, WA 3 BEDS | 2.5 BATHS | 4,046 SQFT | LOT: 0.45 SQFT | MLS#2211761 | OFFERED AT: $1,198,000 Listed by Danny Varona, Realogics Sotheby’s International Realty You've reached the Sky! Welcome to one of the largest and best-equipped waterfront homes ever offered for sale in Skykomish. Enjoy 79' of prime low-bank riverfront with sunny South-facing views of the water and mountains from every room. Entertain lavishly on one of the valley's largest riverfront decks with multiple terraces and a new 6-person jacuzzi hot tub. Two spacious primary bedrooms with ensuite bathrooms an ..read more

This month, the National Association of Realtors disclosed that it has reached a settlement agreement with a class action plaintiff in the Sitzer Burnett case, pending final court approval. The lawsuit is centered on the common practice of residential real estate transactions in which sellers engage agents to represent their interests for a fee and offer compensation to buyer's agents as an incentive to facilitate the sale. The news of the settlement has sparked a flurry of media coverage, with many articles and stories discussing the implications for buyers and sellers. However, numerous rep ..read more

  On February 27, 2024, S&P/Case-Shiller published the Home Price Index data for December 2023, shedding light on the real estate market's performance last year. A significant observation was that all 20 markets showed positive year-over-year gains, including Portland, which had previously been below the national trend. Additionally, half of the markets in the US reached all-time highs, surpassing historic averages, signaling a trend of accelerating housing price gains at the national level. Per the Northwest MLS report, the real estate market in Washington remained in line with expe ..read more

This year’s report explores the regional housing markets, year-over-year comparisons, and more. Plus a new podcast series with CEO Dean Jones and industry experts for the latest trends.   Realogics Sotheby’s International Realty is pleased to present you with our 2024 Forecast Report. In this report, you’ll find curated pieces on our local housing markets, year-over-year comparisons, retrospective reviews, and more all provided by some of the most knowledgeable thought leaders in the region. As mortgage rates decline and the desirability of the region endures, beckoning people worldwide ..read more

  This month, Realogics Sotheby’s International Realty (RSIR) revealed the outcomes of their yearly sales assessments, comparing the top ten largest brands by sales volumes in 2023. RSIR maintained its leading position across several categories, boasting superior average sales values for waterfront homes on both ends of the transactions. Additionally, showcased higher production rates and greater inventory per agent, all while achieving swifter sales compared to competitors. Dean Jones, President & CEO of Realogics, Inc., expressed pride in their global real estate advisors for consi ..read more

  Danny Varona and Matt Paige of the Paige & Co. real estate team at Realogics Sotheby’s International Realty proudly present this in-depth exploration of the waterfront real estate market on Bainbridge Island. Read on to discover the trends that are likely to shape the waterfront market on the island in 2024.   Welcome Bainbridge Island’s waterfront homes stand out in the Pacific Northwest due to their unique combination of stunning natural surroundings, exclusive access to Puget Sound, and a diverse range of properties offering both secluded retreats and luxurious estates, cre ..read more

On January 24, 2024, over a hundred brokers from Realogics Sotheby’s International Realty gathered alongside industry experts and keynote speaker economist Matthew Gardner at the Kirkland Branch Office in anticipation of the upcoming Spring sales season. The event provided an opportunity for speakers and attendees to candidly assess the current state of the market and its future trajectory as we emerge from the downturn experienced in 2023 and embark on what promises to be an eventful 2024 in real estate. Beginning with encouraging news, market analysts concur that we have reached an inflectio ..read more

Realogics Sotheby's International Realty (RSIR) is delighted to recognize the accomplishments of its brokers. In 2023, the local real estate advisors at RSIR rose to the challenge of the changing market and enabled their clients to reach their real estate objectives. They proudly congratulate the top five individual brokers and top three teams from each of their six offices, including Danny Varona, ranking an impressive #1 among his peers at the Realogics Sotheby’s International Realty Bainbridge Island Office. Being a top real estate broker requires an understanding of the market and a commi ..read more

  "Our goal for the fourth edition of the Luxury Outlook report was to couple the expert insight of our agents with the perspectives of leading global institutions on the trends affluent buyers can expect in the months ahead to help them make opportunistic transactions in 2024" Bradley Nelson, chief marketing officer, Sotheby's International Realty Introducing the 2024 Luxury Outlook   2023 unfolded as a pivotal chapter in the post-pandemic real estate narrative, marked by a market recalibration in response to marginally elevated inventory and a relentless surge in interest rates ..read more

   The final quarter of 2023 was marked by resilience in the Seattle area market, as it navigated through ongoing challenges. However, the market is already showing signs of improvement, with an increase in activity. Despite facing hurdles such as peaking mortgage rates in October, the market has started to rebound. Sellers, initially hesitant to list their homes due to concerns about losing lower interest rates, are now finding renewed confidence in the market as sales begin to pick up. Additionally, buyers who persevered through the high rates and limited inventory are now benefit ..read more