Vulcan Submits Building Design on 108th Ave NE for Review
Vulcan has submitted an application for design review to the City of Bellevue for approval. The land owned by Vulcan is located at 555 108th Avenue Northeast. Approval to construct the 42-story office tower...
The Gardner Report – Market Breakdown
ECONOMIC OVERVIEWThe Washington State economy continues to add jobs at an above-average rate, though the pace of growth is starting to slow as the business cycle matures. Over the past 12 months, the state...
Eastside Market Update
Eastside Talking Points (based on Residential + Condominium report): Months supply of inventory rises to 2.5, the highest since January 2012.Median closed sales price is flat from a year ago. Eastside...
First Purchase for Amazon on the Eastside (Potentially)
Amazon is at it once again! According to the Puget Sound Business Journal, Amazon is most likely the buyer of the Bellevue Corporate Plaza, located on 108th Avenue NE in Bellevue. If this were...
Seattle-ization: High Housing Costs and Tech Wealth
While Seattle was worried about becoming the next San Francisco, other cities were worried about becoming the next Seattle. For example, many New York City residents are worried about Amazon turning New York...
Light Rail Expansion to Bring Closer Relationship Between Bellevue and Seattle
The East Link light rail is set for completion in 2023. The commute between Seattle and Bellevue will be approx. 21 minutes. That’s 25 minutes shorter than the commute we see today! Lester Black, a...
2019 Economic and Housing Forecast
2019 Economic and Housing Forecast By Matthew Gardner, Chief Economist, Windermere Real Estate/East Inc.What a year it has been for both for the U.S. economy and the national housing market. After several...
Local Market Update – December 2018
Local Market Update – December 2018The real estate market continued to improve for buyers in November. Interest rates dropped slightly, price increases slowed and inventory soared. It’s...