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...
Hines gets permit to build Bellevue Tower – Amazon rumored as tenant
Houston-based Hines has obtained a building permit for a 17-story, 377,000-square-foot Summit III project in downtown Bellevue located at 320 108thAvenue NE. Although it has not yet been confirmed, many...
Seattle Lands Title of Second Best North American Tech Market
Seattle is number two on the list for strongest tech market in the U.S. and Canada. According to Real estate firm CBRE’s Scoring Tech Talent report, Seattle led the way in terms of the highest percentage...