Russell Wilson and Ciara’s Bellevue Mansion sold for $21.5 million
WPI Real Estate Blog
by WPI Real Estate
4d ago
Former Seahawks quarterback Russell Wilson and singer-songwriter Ciara sold their Bellevue waterfront mansion on Wednesday for $21.5 million. This sale price is $3.65 million below the original listing price of $24.9 million. Additionally, the couple sold an adjacent property in 2022 for $9.75 million, bringing the total value of their Bellevue estate [...] The post Russell Wilson and Ciara’s Bellevue Mansion sold for $21.5 million appeared first on WPI Real Estate ..read more
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Russell Wilson’s $24.9 Million Bellevue Mansion Under Contract After 2 Years
WPI Real Estate Blog
by WPI Real Estate
1w ago
Russell Wilson's impressive Bellevue mansion is now pending sale. The sprawling property, which boasts six bedrooms and five bathrooms, has garnered considerable attention since hitting the market nearly two years ago. Carmen Gayton, Wilson's broker, confirmed that he received an offer, signaling a significant step toward finalizing the sale. While the specific details [...] The post Russell Wilson’s $24.9 Million Bellevue Mansion Under Contract After 2 Years appeared first on WPI Real Estate ..read more
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Seattle Rental Market Report for Apartments and Condos March 2024
WPI Real Estate Blog
by WPI Real Estate
3w ago
In March 2024, Zillow reported that the average market-rate rent in Seattle was $1,808/month, surpassing the national average of $1,690/month by a notable margin. This marked a 1% increase from March 2023. Regions experiencing substantial new construction often witness heightened concession levels during property lease-ups. Moreover, the surge in new constructions has influenced rent growth [...] The post Seattle Rental Market Report for Apartments and Condos March 2024 appeared first on WPI Real Estate ..read more
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The Top 5 Reasons You Need a Real Estate Agent when Buying a Home
WPI Real Estate Blog
by WPI Real Estate
1M ago
In recent news, there's been a lot of talk about real estate agents and their commissions, which might leave you feeling a bit bewildered. However, it's crucial to recognize the immense value of expert guidance from a reliable real estate agent, especially in today's market. Here's why you shouldn't overlook the importance of having a [...] The post The Top 5 Reasons You Need a Real Estate Agent when Buying a Home appeared first on WPI Real Estate ..read more
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Newly Built Seattle Homes Could Be a Game Changer This Spring
WPI Real Estate Blog
by WPI Real Estate
1M ago
Thinking of purchasing a home this spring? With today's affordability challenges and limited inventory, finding the right home can be daunting. However, there's a solution that addresses both issues. Struggling to find your dream home amidst rising mortgage rates and budget constraints? Consider exploring newly constructed homes. Here's why it could be the perfect solution for you. New [...] The post Newly Built Seattle Homes Could Be a Game Changer This Spring appeared first on WPI Real Estate ..read more
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The Best Week To List Your Seattle House Is Almost Here
WPI Real Estate Blog
by WPI Real Estate
1M ago
If you're contemplating a move, now could be the opportune moment to initiate the process. Experts suggest that the optimal week for listing your house is rapidly approaching, making it an ideal time to take action. In a recent analysis by Realtor.com, examining housing market trends over the last few years (excluding 2020, since it [...] The post The Best Week To List Your Seattle House Is Almost Here appeared first on WPI Real Estate ..read more
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What’s the Latest with Seattle Mortgage Rates?
WPI Real Estate Blog
by WPI Real Estate
1M ago
Recent headlines spark curiosity about the future of mortgage rates. Speculations suggested impending cuts by the Federal Reserve (the Fed) this year, potentially lowering rates. Although the Fed's decisions regarding the Fed Funds Rate don't directly dictate mortgage rates, they often influence them. However, in their recent meeting, the Fed did not implement a cut, at least [...] The post What’s the Latest with Seattle Mortgage Rates? appeared first on WPI Real Estate ..read more
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Seattle Rental Market Report for Houses February 2024
WPI Real Estate Blog
by WPI Real Estate
1M ago
According to the most recent rental data from Zillow for February 2024, annual growth in single-family rental prices continues to significantly trail pre-pandemic averages. Rent prices in Seattle have surged by 29.9% compared to pre-pandemic levels. However, there has been a deceleration in rental growth compared to the substantial spikes observed in 2021. In February [...] The post Seattle Rental Market Report for Houses February 2024 appeared first on WPI Real Estate ..read more
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Seattle Sales Market Report for Single Family Home February 2024
WPI Real Estate Blog
by Xiaolu Zhang
1M ago
The real estate market has followed its usual seasonal trajectory, displaying sluggishness in line with the transition from winter to spring. Interest rates have edged up by a quarter percent in the past month to 6.94%, constraining both potential buyers' purchasing power and sellers' willingness to relinquish low-rate mortgages. In February 2024, the counties [...] The post Seattle Sales Market Report for Single Family Home February 2024 appeared first on WPI Real Estate ..read more
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The Benefits of Downsizing When You Retire
WPI Real Estate Blog
by WPI Real Estate
2M ago
As you plan for retirement, finding ways to save money becomes increasingly important. One effective strategy that has gained popularity over time is  downsizing to a smaller home. When considering ways to reduce expenses, it's common to focus on daily purchases such as groceries. However, downsizing your home can also lead to significant savings by reducing [...] The post The Benefits of Downsizing When You Retire appeared first on WPI Real Estate ..read more
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