_______________________________ Visit Sunday June 18th from 1 to 4pm and explore our curated collection of homes featuring beautiful outdoor living spaces. These homes bring the indoor outside in amazing way with patios, outdoor bars, firepits & gorgeous landscaped terraces. From Issaquah to Bainbridge Island, these homes are wonderful examples of our NW Living. _______________________________ Issaquah, WA $1,150,000 By Appointment A classic 2 story colonial, the epitome of timeless elegance is enveloped by 1.5 ac of exquisite specimen plantings & cascading green lawns. Enjoy a unique outdoor experience; full size sport court, salmon stream, fire pit & play spaces. _______________________________ Bellevue, WA $3,098,000 Modern city living at its finest as contemporary style and luxurious details meet a well-manicured lawn with walking paths and three decks enveloped in greenery with city views. This is a unique combination of all that we love! _______________________________ Seattle, WA $1,785,000 The art of exceptional living resides in this George Suyama design featuring private gardens, terraces and a water feature. These unique amenities offer the perfect setting for unparalleled entertaining or private retreat living. _______________________________ Bainbridge Island, WA $995,900 A free-spirited architectural treetop home with shimmering views of the Puget Sound, multiple entertainment decks and total privacy surrounded by acres of community space. Bainbridge Island offers a treasured outdoor lifestyle. _______________________________ Seattle, WA $4,500,000 Magic begins in a private, gated community sited on 2.26 acres of spectacular Olmstead Brothers gardens overlooking Puget Sound and Olympic Mountain views. Rarely does such a gorgeous property frame such superb architecture. _______________________________ Seattle, WA $3,495,000 The classic symmetry of a Georgian Colonial never goes out of style in this entertainer’s dream with 7 sets of French doors opening from... read more
May 22, 2017 Highest and Lowest Risk U.S. Housing Markets as of Q1 2017 Market Health Indicator Flags Nine Markets As High Risk, Six in Florida Alone Puget Sound real estate is usually on a list of one sort or another. Friendliest Cities, Best Place For Families, More Parks Per Capita, etc. But, this is a list we’re glad not to be on. Buying and selling real estate at either ends of the spectrum can be risky. We’re glad to see a somewhat more balanced market in our region compared to others outlined by Corelogic. Home prices have continued to rise, though for many markets, at a slower pace. Most markets are still healthy or have relatively low risk, according to the CoreLogic Market Health Indicator. However, nine of the top 100 metro markets – six in Florida alone – have been identified as high-risk markets. The CoreLogic Market Health Indicator evaluates whether individual markets have high, normal or low risk by analyzing several economic factors. First, it compares home prices, using the CoreLogic Home Price Index (HPI) against the long-run sustainable levels that can be supported by local market fundamentals, such as disposable income. Because most homeowners use their income to pay for home mortgages, there is an established long-term relationship between income levels and home prices. Second, it looks at the appreciation of home prices relative to rents. Renting is an obvious alternative to home ownership, and over the long run, market forces should equalize the cost and benefits of home ownership and renting. If home prices deviate too far from rents, then it is due for a... read more
Sotheby’s International Realty Expands Presence in India One of our greatest opportunities with the Sotheby’s Real Estate family of businesses is to connect with new friends and clients around the world. Now, we have even more opportunity as Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year exclusive franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand presence throughout India with the opening of India Sotheby’s International Realty. The brand’s existing affiliate in India, North India Sotheby’s International Realty, which commenced operations in October 2014 in New Delhi, will work cooperatively with and also now do business as India Sotheby’s International Realty. India Sotheby’s International Realty is led by Chief Executive Officer Amit Goyal, President, Ashwin Chadha and Honorary Chairman, Amit Burman. With this expansion, India Sotheby’s International Realty will focus on the luxury residential real estate market in the key cities of Mumbai, Bengaluru, Chennai, Pune, Goa and Kolkata, while continuing to serve the New Delhi market. An office in Mumbai is planned to open in the second half of 2017. “The luxury real estate market in India is growing rapidly and it was the right time for our brand to expand its presence within the country,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Ashwin Chadha, Amit Goyal and their team have successfully introduced the Sotheby’s International Realty brand to North India over the past few years. Expansion into the rest of India was one of our core objectives for the year, and we are proud to have them at the... read more
PACIFIC NORTHWEST The Boom’s Last Bastion Our acclaimed Research Editor and Publisher, William Hillis has assembled a year-over-year performance review of 25 markets and offered thoughts on where we are headed in 2017. While real estate microclimates will always change, one thing remains the same—we are here to support your real estate goals, whether your next address is around the corner or around the world Within the past two years, the inventory of housing for sale in Western Washington State has completed a large bell-shaped curve, returning to degrees of shortage not seen since the year 2005. 2016 MEDIAN PRICES BY COMMUNITY Make Your Move In this section, we describe some of the key draws for homebuyers and other features of each of these 25 areas, followed in each case by statistics from the 2016 home-buying year. 2016/2017 Real Estate Market Report http://... read more
Innovative Tech Tools & Professional Expertise Drive 54% Increase In Sales For Sotheby’s International Realty Brand. CNBC broke the news this morning that for 2016, the Sotheby’s International Realty Affiliates LLC affiliated brokers and sales professionals achieved approximately $95 billion in global sales volume, the highest annual sales volume performance in the history of the brand, driven largely by a brand record of over 127,000 transactions. “During a year when the words “slowdown” and “slump” were used to describe the luxury housing market, 2016 turned out to be a banner year for Sotheby’s International Realty.” – CNBC Innovative Technology The Sotheby’s International Realty brand was at the forefront of interactive technology in 2016 with the introduction of 3D Tours with Virtual Reality capability on sothebysrealty.com. Additionally, the site saw the most traffic in its history with nearly 22 million visits, a 54% increase year-over-year. The brand also launched the first luxury real estate app for Apple TV, featuring professionally curated high-resolution photography and high-definition video giving consumers the opportunity to explore homes on a screen larger than ever before. An alliance with Juwai.com was launched in 2016 that gives the Sotheby’s International Realty network an edge to generate Chinese homebuyer interest on one of the world’s most prominent real estate websites with over two million monthly visitors. As a truly international brand,... read more
Sammamish Wins Against Others Sammamish beat out Seattle, Bellevue and every other city in the evergreen state by being the only city in Washington on Money Magazine’s annual Top 50 “Best Places to Live” 2016 edition. I am positive every Sammamish resident is beaming with pride to be living in the 14th best city to live in the country! Our Award Winning Schools, both Issaquah District and Lake Washington District, are the basis for a highly desirable lifestyle. Adding extraordinary natural beauty and one of the best commute’s available in the region, there is just nothing to compare.... read more
Issaquah School Board authorizes sale of 80 acres of land on May Valley Road to Bellevue developer The Issaquah School Board recently authorized the sale of 80 acres of land for $4.16 million to Bellevue developer William E. Buchan Inc. (http://www.buchanhomes.com/buchan/) The land, known as the Winterbrook Farm, is at 21207 SE May Valley Road, directly east of the Sunset Valley Farms development and across the road from the Squak Mountain trailhead parking area. It was purchased in 2006 for $3.33 million with the intent of building a future elementary and middle school as growth needs dictated. However, those plans were scuttled when King County made changes to its Growth Management Act. “Following a change of the interpretation of the Growth Management Actand actions taken by King County and Puget Sound Regional Council, the land has been deemed not appropriate to put schools on,” chief of finance and operations Jake Kuper explained to board members. Kuper did not return a message seeking details on how the “change of the interpretation of the Growth Management Act” applied to the Winterbrook Farm property. Superintendent Ron Thiele thought it was an important point the school district did the right thing in 2006 attempting to bank land for future school growth. “That was at a time when we were able to work with King County when we had property close to or adjacent the growth-management line, much like they worked with us with Cascade Middle School which is outside the growth-management line,” he said. “But there’s been a change of heart in King County. It became apparent to me there still needs... read more
Luxury East Of Lake Sammamish It’s all about the lifestyle choices, whether around or on Lake Sammamish or on one of the Smaller Lakes, an Acreage Estate or a View Promontory. Luxury is defined by your lifestyle. Exquisite East Lake Sammamish Estates Our local luxury starts with waterfront on Lake Sammamish. As the sixth largest lake in Washington it is designated a natural resource of statewide significance by the Shoreline Management Act. More than a million people in the region use it every year: fishing, swimming, boating, water skiing, or just enjoying the scenery. The lake provides rearing and migratory habitat for many salmon species and a home for a variety of warm water fish, birds and other wildlife. A Street of Dreams Community The most expensive non-waterfront home to sell in 2016 todate was at Dodd Ranch, a Street of Dreams community. With only 7 original homes, Dodd Ranch is located off NE 8th in Sammamish. Each home is a stunning tribute to the good life! In addition to Dodd Ranch, there are several other Street of Dreams locations in Issaquah, Redmond and Woodinville nearby. Horses, anyone! With all the natural beauty that is the Northwest, our region provides some exceptional opportunities for larger acreage estates. The Woodlands is a prized address. With water, acreage, and views our equestrian offerings are incomparable. Other equestrian focused properties are located in Rockmeadow Farm, Glen Home, Fall City and Carnation. There are ample stables, arenas, lessons and professional events. Giddy up, ya’all. Issaquah Highlands Grand Ridge This is home to the choicest residences with a modern aesthetic. Saavy, smart, Grand Ridge at the Highlands is... read more
Hottest Fall Housing Market in 10 Years On the heels of a summer home-buying season marked by record demand and sky-high prices, the residential real estate market is shaping up for its hottest fall in a decade, according to new monthly data on inventory and demand on realtor.com®. Homes for sale in September are moving 4 percent more quickly than last year as prices continue to hit new highs. The median age of listings on realtor.com®—an indication of market inventory—in September is expected to be 77 days, three days less than one year ago. That is five days more than last month, a change which reflects the housing market’s typical seasonal slowdown as summer ends and schools resume. Total inventory remains considerably lower than a year ago, with less than 450,000 new listings entering the market in September. The median home was listed for $250,000, 9 percent more than a year ago and unchanged from last month. That continues this year’s record-setting trend and marks a new high for September. “House hunters who were shut out this summer because of fierce competition could fare better this fall, with more opportunities to buy and mortgage rates still near all-time lows,” says Jonathan Smoke, realtor.com® chief economist. “But don’t expect bargains—prices haven’t come down from this summer’s record highs. Overall, the fundamental trends we have been seeing all year remain solidly in place as we enter the traditionally slower sales season, and pent-up demand remains substantial as buyers seek to get a home under contract while rates remain so low.” Key Statistics: Median age of inventory in September is expected to... read more
As the Eastside’s top agent group, we are announcing our newest affiliation. We know our local clientele enjoys a global lifestyle. With the Issaquah School District just about to mark the 50% mark of children with other ethnicities, we are excited to be the singular real estate group offering global relationships. Though our relationship with Sotheby’s International Realty, we are now able to present our listings on Juwai.com! As an authentic international brand, Sotheby’s International Realty now has the most global representation through Juwai.com! It displays luxury listings from 65 countries and territories. As the Pacific Northwest grows in demand from Chinese buyers it is very important to have our client’s homes properly positioned to reach this demographic. Vancouver recently placed a 15% tax on foreign investment in their country. This helps to position the Seattle Region as the top destination for the Chinese real estate investor. Demand for luxury properties from Chinese consumers continues to grow. China is the second driver of visits to sothebysrealty.com. It follows the United States. One out of every 10 visitors on sothebysrealty.com is located in China. We are expanding our reach in China, launching a syndication partnership with Juwai.com. Juwai.com is one of China’s premier real estate portals with over 2 million monthly visitors. It has more indexed pages than all other portals combined on Baidu which is China’s largest search engine. This ensures greater visibility to Chinese consumers searching for homes worldwide. Juwai.com is hosted on both sides of China’s Internet Firewall, ensuring its property listings are visible online both in China and outside of China. The website listings are monitored by a support team that translates... read more
Happy 4th of July! From all of us at the Kipp Team, we wish you a safe and relaxing holiday. read more
Your comprehensive guide, take a peek at what’s going on! From the Kirkland Wednesday Market and the Issaquah Art Walk to fireworks on the 4th in downtown Kirkland, here’s what’s happening around the sound.
Sotheby’s International Realty Affiliates LLC recently announced that the Sotheby’s International Realty® brand was the No. 1 real estate company represented in two of the six categories that comprise the 2016REAL Trends/The Wall Street Journal “Top Thousand.” The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2015 annual sales volume and transaction sides, and the top 50 agents and top 50 teams on average sales price—making it a ranking of the top 1,100 nationwide.
Issaquah and Sammamish are in the top 10 places to live in the state of Washington according to the website Niche.com. The website tracks places to live and ranks local K-12 schools and colleges. According to its comprehensive assessment of the overall livability of an area, Issaquah placed No. 7 while Sammamish was at No. 10. Newcastle just missed the top 10, coming in at No. 12. Each city’s grade takes into account several key factors of a location, including the quality of local schools, crime rates, housing trends, employment statistics and access to amenities. The ranking is based on data collected from the U.S. Census, FBI CDC and other sources. Redmond topped Niche.com’s list with Bellevue at No. 2. To view the complete list and the website’s methodology see Issaquah & Sammamish In Top 10 This article first appeared in the Issaquah Press, 6.28.16. See Original Article... read more
Your comprehensive guide, take a peek at what’s going on! From Inspiring Beauty at Bellevue Arts Museum and Exotics at Redmond Town Center to the Kirkland Wednesday Market in Marina Park, here’s what’s happening around the sound.
To all the fantastic fathers out there, Happy Father’s Day! Wishing you a weekend of family fun and relaxation. read more
Your comprehensive guide, take a peek at what’s going on! From Fenders on Front Street in downtown Issaquah and the Exotic Car Show at Redmond Town Center to a Father’s Day Brunch Cruise on Sunday, here’s what’s happening around the sound.
We are proud to share that Realogics Sotheby’s International Realty ranked among the top ten largest real estate brands in Washington State according to a recent report by Trendgraphix as of May 2016 based upon the trailing 12 months of total sales volume.
Your comprehensive guide, take a peek at what’s going on! From a Wine Ride in Woodinville and the Kirkland Wednesday Market to next week’s Fenders on Front Street in Downtown Issaquah, here’s what’s happening around the sound.
It includes Issaquah north of I-90 (where Costco is headquartered), as well as the city of Sammamish, the towns of Snoqualmie and North Bend, and the census-designated place of Fall City.
Your comprehensive guide, take a peek at what’s going on! From Juanita Friday Market and the Bellevue Jazz & Blues Festival to the Woodinville Wine Ride, here’s what’s happening around the sound.
Honoring those we lost this Memorial Day. Thank you for your service. read more
We have recently reduced the price of our East Union Hill listing to $1,395,000!
Your comprehensive guide, take a peek at what’s going on! From the 4th Saturday Jazz Gig at Waving Creek Winery to the Issaquah Wine Walk and Exotics Cars at Redmond Town Center, here’s what’s happening around the sound.
Here Lis explains the numbers behind the world’s most expensive chair and why contemporary design remains an alluring topic of study.
Your comprehensive guide, take a peek at what’s going on! From Exotics at Redmond Town Center to the Bellevue Jazz & Blues Festival and the Herb and Food Fair, here’s what’s happening around the sound.
RISMedia recently released their “28th Annual Power Broker Report,” which outlines current and future market trends in addition to their top 500 list of power brokers. I am proud to announce that Realogics Sotheby’s International Realty ranked #285 on the list, with $770,863,297 in sales volume in 1,038 transactions with 5 offices and 142 agents (as of the report date).
Your comprehensive guide, take a peek at what’s going on! From Friday’s Art Walk in downtown Kirkland and Exotics at Redmond Town Center, here’s what’s happening around the sound. Select Links Below to View Full Calendar of Events in Each Community Seattle Events >> ♦ Eastside Events... read more
I am proud to announce the appointment of Joe Galindo as Vice President of Operations within our expanding global brokerage network. Galindo will provide direct management over both the Issaquah and Kirkland branches, which comprise of 80+ brokers and employees, while also offering company-wide operational support as the fast-growing firm expands throughout central Puget Sound. “We are very fortunate to welcome Joe to our growing team of industry professionals,” said Dean Jones, President and CEO of RSIR. “As our company has expanded so has the need for his proven operational leadership.” Offering more than 25 years in real estate experience, Galindo has earned the respect of the local real estate community having operated as a successful broker, a franchise owner and a branch manager. In addition to providing regional Eastside branch management from the flagship Kirkland offices, Galindo will also participate in a committee for strategic growth alongside Jennifer Johnsen, Vice President of Brand Development, who joined RSIR earlier this year. “I’m excited to join Realogics Sotheby’s International Realty,” said Galindo. “For many years I have witnessed the evolution of RSIR locally and that of the Brand worldwide. Now I’m in a position to help resource this growth from within, applying my passions and my talents in building better brokers and attracting new talent to the team.” “Together we are building the next generation real estate company,” added... read more
I am so proud to be a supporter and long-time sponsor of the Issaquah Schools Foundation. Our kids are amazing, our community is wonderful. The quality of our schools has a direct effect on our real estate values, as we know from many research sources. On April 28th, I attended the 18th Annual Nourish Every Mind luncheon at the Issaquah Community Center. It was an opportunity to experience the power of donor investments by hearing inspiring stories from students & staff and learning about the district and foundation’s partnership. About Issaquah Schools Foundation: “In cooperation with the Issaquah School District, the Issaquah Schools Foundation drives resources to help all students achieve the promise of their academic potential. We strive to be the unifying organization that enables the Issaquah School District to provide access to exceptional opportunities district-wide that ignite learning, improve educational outcomes and prepare all students to be confident, competent and engaged citizens.” Visit Website... read more