In a city renowned for its incredible surrounding scenery, ample job opportunities in a variety of industries, vibrant cultural events, and delectable food scene, it’s hard to go wrong with any of Seattle’s desirable neighborhoods. However, a few pockets of the city stand out from the rest as truly special communities. Queen Anne is one of the city’s most iconic “hills” with striking architecture, neighborhood charm and walkability, tree-lined streets, and stunning views of the city skyline, Puget Sound, and Olympic Mountains. Famous Attractions Queen Anne boasts a variety of attractions and l ..read more

2024 Real Estate Market Predictions What’s in store for Seattle Real Estate? 2024 is your year for strategic movies. We anticipate positive changes in the year ahead as interest rates are expected to improve, with the Federal Reserve signaling potential rate drops later this year. The end of 2023 witnessed a surge in buyer demand, suggesting a pent-up readiness to make purchases in the new year. Unlocking this demand seems tied to interest rates in the 6% range, encouraging hesitant buyers to take the plunge. Despite the vibrant demand, inventory levels remain low, setting the stage for modera ..read more

Originally Published By RSIR Staff | February 15, 2024 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 with job opportunities and beautiful natural scenery, demand to own remains high and activity is projected to return. The experts featured ..read more

First Impressions Matter Unlock the hidden potential of your property with expert staging. In the dynamic world of real estate, first impressions matter. Our “before and after” transformations of this Seattle home not only highlight the aesthetic appeal but also underscore the tangible impact on your property’s market value. Before & After 82% of buyers find it easier to visualize a staged property as their future home. Staged homes, on average, sell 73% faster than their unstaged counterparts. 39% of buyers say it positively impacts home value if the home is decorated to their ..read more

Year in Review: The Seattle Real Estate Market in 2023 Rising 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. Key drivers in Seattle will be the healthy harbinger of big tech, particularly in the realm of artificial intelligence, a stabilizing stock market, and a gradual decline of mortgage rates, li ..read more

The short answer? Quarter One! If you’re considering selling your home in 2024, don’t wait until the summer! Most Seattle home sellers think summer is the best time to list their home for sale. They would be WRONG—and we have the data to prove it. The main reason why the first quarter of the year is best to maximize your sale? Supply and demand. Since the majority of would-be home sellers target spring and summer for listing their homes, the Puget Sound region always sees a lack of available inventory. But buyer demand only builds during the quiet holiday months just prior. So, the few sellers ..read more

Selling your home is the end of one chapter and the start of a brand new one. It’s a monumental step that can often lead to great financial gain and set you up for success in your future real estate transactions. However, it is no small task, and to successfully sell your home you’ll need to prepare yourself with key information, targeted strategies, and forward-thinking to seamlessly traverse the complex real estate market. We’re covering some of the biggest pitfalls you should avoid and how to properly prepare for your selling journey so that you can triumphantly make it to the finish line—i ..read more

Selling your home can signal the end of one chapter and the beginning of another—it’s an exciting life change that can be incredibly profitable. You likely gathered some helpful real estate knowledge when you purchased your home, but now that you’re on the other side of the transaction, there are important tips and considerations to have in your back pocket as you embark on your home-selling journey. Read on for a breakdown designed to empower you with helpful knowledge as you take the first step toward a successful sale. The Importance of a Real Estate Agent When selling your home, you’re on ..read more

Making your first home purchase can feel overwhelming for a myriad of reasons, but one of the most simple and reoccurring questions that will likely pop into your head will be: “What is everyone talking about?” The real estate industry is teeming with insider jargon and terms that you likely will not encounter anywhere else. So, let’s break down some of these terms so that when you do run across them during your home-buying journey, you can feel like an informed, seasoned pro. 1. Preparing For the Home-Buying Journey As you prepare to begin your search, you’ll come across terms related to the ..read more

The Art of Staging: How to Make Your Home Irresistible to Buyers When listing your home, it’s important to take strategic steps to make it as appealing as possible to buyers. As buyers view photos and videos of your home and eventually tour it in person, they’re looking to be able to envision themselves in the home. Staging your home, which involves rearranging furniture—or even temporarily decorating your home in borrowed furniture and décor—removing personal effects, and arranging décor, such as plants and artwork, is so that your home attracts the widest buyer pool and fetches the highest p ..read more