Mortgage Rate Forecast | Where Experts Predict They’ll Land by End of Year
Realogics Sotheby's International Realty Blog
by Movement Mortgage
1w ago
Mortgage rates continue to be top of mind for both buyers and sellers as they attempt to time their moves within the real estate market this year. Although rates are down from the record highs they reached last year, many potential sellers are still hesitant to forgo the lower rates they enjoy for the current average 30-year fixed rate, which is at 7.53 percent. For buyers, they have to factor in higher rates as they figure out the type of monthly mortgage they can afford. However, there is good news: mortgage rates are projected to decline as the year progresses due to a variety of factors, i ..read more
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Veteran Chef Adrian Lopez Plans to Open New Bistro and Event Venue in Historic Main Street in Bellevue
Realogics Sotheby's International Realty Blog
by RSIR Staff
1w ago
Dynamic Establishment Called “Jocovine” Targets Opening by Summer 2024 in Flagship Brokerage Operation.   Read the full article from 425 Magazine → New Restaurant with Dedicated Event Space Coming to Main Street in Old Bellevue Watch Announcement Video on Youtube   Executives from Realogics Sotheby’s International Realty (RSIR) and restauranteur Adrian Lopez have announced the signing of a sublease agreement to operate a dynamic bistro and events venue to be known as “Jocovine” by summer 2024. The prime retail location at 10237 Main Street in Bellevue’s historic “Old Main Street” dis ..read more
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New on Market: Vineyard Lane
Realogics Sotheby's International Realty Blog
by RSIR Staff
1w ago
Welcome to Vineyard Lane, an award-winning project with incredible gardens and green design features throughout. This meticulously cared for unit in the Juniper building is set on the second floor and has tranquil territorial views of green space. The home captures beautiful morning light and views of the gardens. The dining area and living area are adorned with gorgeous custom built-ins. The eat-in kitchen includes all appliances and there is a butler’s pantry with an additional microwave and oven, sink, wine fridge, and pantry space. Two gracious bedrooms, each with an en suite bath. One bat ..read more
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Headlines vs. Trendlines | Case-Shiller Report Indicates the Inflection Point Has Passed
Realogics Sotheby's International Realty Blog
by RSIR Staff
2w ago
The latest S&P/Case-Shiller report has been released and it reflects the shifts in the market that we’ve been predicting. As of February 2024, we note that US home prices are persistently rising and at an accelerated pace. We already know this trend continued into March and April, and we’re feeling it intensify as more and more consumers are adopting the “buy then refi” strategy as we’ve been talking about for months.  The inflection point has passed, and the headwinds settle and become tailwinds. Our current real estate market presents various challenges to both ..read more
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New on Market: Beachfront Escape on Bainbridge Island
Realogics Sotheby's International Realty Blog
by RSIR Staff
2w ago
Welcome to the beach! Embrace island living in one of the most beautiful locations on Bainbridge! This spacious four-bedroom home offers expansive water views from nearly every window. Expertly designed gardens welcome you from the inner bay of Point Monroe. Upon entering the home, the awe of the Sound welcomes you to take a breath and relax by the sea. The main floor offers the large primary suite with walk out deck, a fully appointed kitchen, dining space, two-story living room, cozy family room, a large home office, and a 3/4 bathroom. Upstairs there are three additional bedrooms, a full ba ..read more
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New on Market: Lochaerie, a Legacy Property
Realogics Sotheby's International Realty Blog
by RSIR Staff
3w ago
Once in a rare while, a legacy property presents itself: introducing Lochaerie. With a rich history dating back to 1926, this spectacular property offers an unsurpassed Lake Quinault  and Olympic National Park experience. Established as a waterfront resort, Lochaerie has thrived for generations as a quiet retreat for guests of all ages to enjoy the natural wonders of the Olympic National Park. The main home offers the owner a modern respite to either live full time or part time, with two large bedrooms, a great room with a wood-burning fireplace, a large covered deck to view the lake and ..read more
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Spring Into a New Season With 3 Top Design Trends
Realogics Sotheby's International Realty Blog
by RSIR Staff
3w ago
The weather is warming, the days are longer, and the flora is bursting into peak bloom. In other words, spring has arrived in our little corner of the world. Second perhaps only to the New Year, spring seems to be the time of year that brings about the most inspiration for a big change—whether that’s in your daily habits or your décor. As you begin to tackle spring cleaning tasks and finally get around to a closet reorganization and the dreaded chore of cleaning out gutters and power washing moss off of your driveway, consider sprinkling in some fun changes to your home. With the new season co ..read more
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Significant Sales | Q1-2024
Realogics Sotheby's International Realty Blog
by RSIR Staff
1M ago
Each quarter, Realogics Sotheby’s International Realty celebrates its brokers and their extraordinary sales. Across Western Washington, our brokers have represented some of the most beautiful estates, legacy properties, and new construction opportunities. These five properties represent the brokerage’s most significant on-market sales during the first quarter of the year. Our brokers create seamless, successful transactions through their expertise, advisement, and experience. Congratulations to these global real estate advisors. We look forward to seeing what you accomplish in the rest of 2024 ..read more
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Market Trends From Around the Sound: Q1-2024
Realogics Sotheby's International Realty Blog
by RSIR Staff
1M ago
It’s a new year but our market is marked with similar obstacles as the previous year: high interest rates that continue to deter potential buyers and low levels of inventory. Before we proceed with the rest of the year and see the expected rebound with the spring sales season encouraging more activity, we’re looking back at the first quarter of 2024 with our Market Trends From Around the Sound report. Explore our year-to-year comparison of insightful data like median sales price, average days on market, and inventory levels for 16 distinct communities within the Puget Sound region.   Seat ..read more
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Market Maker Recap: Keynote Speaker Jonathan Woloshin of UBS Wealth Management and Expert Panelists Provide Insights Into Today’s Regional and National Real Estate Ecosystem and Opportunities
Realogics Sotheby's International Realty Blog
by RSIR Staff
1M ago
Realogics Sotheby’s International Realty (RSIR) welcomed more than 100 brokers, industry experts, and keynote speaker Jonathan Woloshin, CFA and CIO of Global Wealth Management, UBS, to the second Market Maker event held at our Kirkland office so far in 2024—providing those in attendance with expert predictions on where the market is headed and how brokers can navigate this inflection point. For more insights from Jonathan, check out the most recent episode of RSIR’s podcast series Market Perspectives here.  Prior to the presentation, RSIR President and CEO, Dean Jones, hosted Jonathan fo ..read more
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