Sotheby’s International Realty Affiliates LLC today announced that Curate by Sotheby’s International Realty(SM), the first real estate-branded augmented reality (AR) app, is now available on Apple iOS-enabled devices, iPhone and iPad. Curate by Sotheby’s International Realty allows consumers to visualize a home as their own before purchase by taking virtually staged images from a flat, 2-D screen into the house itself through the power of AR. “The launch of Curate by Sotheby’s International Realty has generated excitement throughout our global network and we are proud to see our sales associates adopting this technology and using it as we intended,” said John Passerini, global vice president of interactive marketing, Sotheby’s International Realty Affiliates LLC. “There are nearly one billion active iOS devices worldwide. Making the app available on this platform was a high-priority for us, increasing the reach we have to our core audience. We look forward to continuing enhancements on Curate by Sotheby’s International Realty to better empower our sales associates and potential homebuyers.” The app, originally built with ARCore, Google’s AR Software platform, was launched in the Google Play Store earlier this year. In addition to expanding to iOS, the Sotheby’s International Realty® brand has also partnered with luxury furniture and accessories marketplace Viyet to launch shoppable AR scenes within the app. The partnership with Viyet, a subsidiary of the Sotheby’s auction house, will be ongoing with new, custom-created scenes added regularly to reflect the marketplace’s current inventory. Curate by Sotheby’s International Realty is powered by roOomy. To learn more about the app, click here. To download Curate by Sotheby’s International Realty from the App Store, click... read more
Sotheby’s International Realty Affiliates LLC today announced it has entered a custom-publishing relationship with Dow Jones Media Group to present RESIDE®, a bespoke luxury lifestyle magazine. The first-of-its kind relationship gives Sotheby’s International Realty® affiliate companies around the world a turnkey solution to publish a customized, branded magazine created by the Dow Jones Media Group. “We have done extensive research and know that lifestyle, real estate, and home design print publications are increasingly important to luxury consumers,” said Kevin Thompson, chief marketing officer, Sotheby’s International Realty Affiliates LLC. “RESIDE was designed with these luxury consumers in mind, understanding the way they consume content, the types of content they are interested in, and reaching them in a way they prefer. Working with the Dow Jones Media Group allows our affiliate companies to publish rich, quality content that they can distribute in local markets to meet the needs of their clientele. We are proud to launch this first-of-its-kind, turnkey program to our global network.” RESIDE provides Sotheby’s International Realty affiliate companies with an end-to-end publishing solution including: Original lifestyle content created by the Dow Jones Media Group, in addition to content provided by the Sotheby’s International Realty brand and the Sotheby’s auction house A showcase of homes represented by the Sotheby’s International Realty brand’s affiliates An individualized version of the book for each Sotheby’s International Realty affiliate company participating in the program Access to the Dow Jones Media Group global distribution network and distribution models Added exposure on sothebysrealty.com “Dow Jones Media Group (DJMG) is a global leading publisher in the business, luxury lifestyle, and real estate space, so this is... read more
Christine and Jay maintain a strong relationship with local San Francisco agents to help their clients relocate north. Our advertising and other outreach directly to San Francisco agents help our clients find their best home in our Seattle area. A Bay Area mover’s checklist: Rising home prices? Check. Rising rents? Check. Click desperately through real estate websites for a cheaper home and a better life? Check. Efforts to move out of the Bay Area continued in recent months, with 16,000 residents packing up and taking to the road for less expensive housing and new opportunities. A study by real estate brokerage Redfin found the Bay Area remains the top region for outward migration in the country. The most popular destination for Bay Area refugees remains Sacramento, followed by other tech hubs and California cities. “It’s pretty much in line with what we’ve seen for the past few years,” said Taylor Marr, senior economist at Redfin. “Many people leaving the Bay Area are still looking in California.” The steady climb in real estate prices has made first-time home-buying expensive and frustrating for many newcomers. And rents continued to rise year over year, especially around tech giant headquarters in Silicon Valley. The median price in December for a single-family home in Santa Clara County was $1.2 million, while a similar home in San Mateo was $1.4 million, and in Alameda, $838,000, according to real estate firm CoreLogic. A comparable home in Sacramento is $314,000, according to Zillow. Overall, the region’s population continues to grow. But the number of outgoing residents has hit its highest point in more than a decade, according to... read more
Sotheby’s International Realty Affiliates LLC today announced its expanding presence in Mexico with the formation of Mexico Sotheby’s International Realty. Mexico Sotheby’s International Realty is located in the country’s capital of Mexico City and will serve the luxury residential real estate markets in the greater metropolis as well as the surrounding areas including the Metropolitan area of Puebla; Valle de Bravo and Malinalco in Estado de Mexico; and Cuernavaca and Tepoztlán in Morelos. The firm is owned and operated by Carlos Gonzalez. “The luxury residential real estate market in Mexico City is experiencing tremendous growth,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “The area has attracted many new developments, mainly luxury high-rise projects with top-of-the-line amenities, and has also seen an increase in overall inventory. We are proud to welcome Mexico Sotheby’s International Realty to our global network.” “There are so many extraordinary communities and exciting areas in the Greater Mexico City area; it is our goal to be the ultimate guide for our clients, leading them to the Mexico City home of their dreams,” said Gonzalez. “Affiliating with the Sotheby’s International Realty® brand allows us to connect to the brand’s prestigious real estate companies around the world and reach an international clientele.” With this addition, the Sotheby’s International Realty network now has nine independently owned and operated offices throughout Mexico; also operating in the country are Agave Sotheby’s International Realty, Guadalajara Sotheby’s International Realty, Los Cabos Sotheby’s International Realty, Monterrey Sotheby’s International Realty, Queretaro Sotheby’s International Realty, and Riviera Maya Sotheby’s International Realty. The Sotheby’s International Realty network currently has more than 22,000 affiliated independent sales associates located in 950 offices in 70 countries... read more
Another year has passed, as have many pivotal milestones for Realogics Sotheby’s International Realty (RSIR), our brand and the local housing market that we serve. The Seattle/Bellevue metro area led the nation all year with median home price increases, according to the S&P CoreLogic Case-Shiller Home Price Index and despite the anemic inventory levels, our brokers generated $1.5 billion in sales volume – the greatest such production on a per-broker basis compared with the top ten largest real estate brands in the Northwest Multiple Lisitng Service (per Trendgraphix research). Globally, our brand garnered $108 billion in sales represented by 950 offices in 69 countries and territories with more than 22,000 sales associates. Website visitations at SothebysRealty.com increased 25 percent to 27 million unique visitors with 57 percent of this traffic originating from international markets. Sotheby’s International Realty was also again recognized by LifeStory Research as the “Most Trusted Residential Real Estate Brokerage” in the United States, while our parent company, Realogy Corp, was noted among the “World’s Most Ethical Companies” for the seventh year in a row, according to The Ethisphere Institute. Our acclaimed Research Editor and Data Analyst, William Hillis, has assembled a year-over-year performance review of eight key counties and 29 regional markets. We offer these thoughts, as well as trends to watch, as a conversation starter with our experienced brokers who live and work in your neighborhood. View... read more
Welcome to the ultimate moving checklist—a list of all the things you should do before moving into your new home. Let’s face it: With all the excitement of new digs, it’s easy to forget some important tasks. Plus, certain things are best done while the house is still vacant, long before your boxes and furniture are parked in the place. Put these things off, and it becomes all the harder to tackle them later. So before you move—or in case you have moved and are wondering how many of these you hit—check out this moving checklist to know what should be done long before you settle in. 1. Turn on utilities Electric, gas, water—don’t assume they’ll be on and operational when you arrive. Instead, get all your utilities set up ahead of time. “Chances are the seller will be turning them off as of the closing date,” says Greg Beckman, an Annapolis, MD, real estate agent. 2. Set up internet and cable service Plan on having a “Property Brothers” marathon while you’re unpacking? Have your home wired for service before you arrive, advises Julie McDonough, a real estate agent in Southern California. 3. Order an energy audit One of the best ways to cut your energy bill is to order a home energy audit, says Rachel Foy, a real estate agent in Newton, MA. An energy audit is a professional assessment of your new home’s overall energy performance. This will show you how to make your house more energy-efficient (think insulating the attic, weatherstripping windows, sealing air leaks in crawl spaces), so it’s best to have one done and make related repairs before moving in. A home energy audit... read more
Each year beautiful flowers baskets, called super pots, line the sidewalks of Front St. and Sunset Way bringing beauty and charm to the downtown district. “What people don’t know is that these baskets are 100 percent community funded,” said Gaila Gutierrez of the Downtown Issaquah Association. “It’s through the generous donations from Individuals and businesses that make this possible. Issaquah fans have grown to love the baskets and expect they’ll be here each year; they just may not realize how they happen.” The Downtown Issaquah Association manages this program each year in conjunction with Spring and Mother’s Day. In early February, the order is placed with Squak Mountain Nursery, who plant and nurture them until they flourish into great big beauties. “The baskets are delivered and hung in mid-May,” Gutierrez said. “It’s always a fun and welcome activity because it means summer is just around the corner and that’s when they get really big and burst in color! It’s also a sentimental time because there are number of people who donate baskets in memory of a loved one who has passed, or they take advantage of our Mother’s Day program. It’s a beautiful way to recognize loved ones while also helping beautify our quaint downtown. It’s way more expensive that people may realize, but they are so worth it.” The Downtown Issaquah Association’s annual Flowers on Front Street campaign is currently underway. The donations directly affect how many baskets they can purchase each year. Their goal is to purchase 40 baskets. Persons interested in contributing to this program can also take advantage of having a Mother’s Day card sent... read more
The city of Sammamish Parks and Recreation Department invites locals to “Bee Inspired” and celebrate Earth Day on April 21 from 10 a.m. to 1 p.m. at the Beaver Lake Lodge and Pavilion. This family-friendly Earth Day celebration and volunteer work party will include opportunities to learn, participate, and celebrate the natural environment. Many of the activities will focus on how everyone can do their part to become a more bee-friendly community. Activities include learning about caring for native plants, demonstrations from the Master Gardeners, information about renting bees, and lessons on properly removing invasive species. The first 100 attendees to the event will receive free organic compost from Cedar Grove so that they can return home and nourish their own bee-friendly garden. The event will also feature plenty of activities for children of all ages including the opportunity to get acquainted with animals such as wallaby, Patagonian mara, dwarf goats, sheep, a little pig, bantam chickens and a rabbit. Children can also participate in a scavenger hunt around Beaver Lake Park where they can explore nature and win a special prize to help them plant their own garden at home. Other activities include learning to build a bird house, nature walks, food trucks, and a musical performance by Ella Bella Bee and the Pollinators. Locals looking for a more active way to give back for Earth Day can join one of the volunteer work parties and help to create wildlife habitat and remove invasive plants in Beaver Lake Park. “We hope that you will join us and Bee Inspired to make all of our Sammamish natural areas more... read more
Development in Puget Sound continues to thrive as more than 1,000 people move to the Seattle area every week, with Issaquah being no exception. New commercial and residential projects have been popping up across the city of Issaquah with many major projects underway. The city keeps a list of ongoing projects on its website, which the Reporter reviewed. In the preliminary review process are two projects applied for by Collinswoerman, which will be built next to Swedish Medical Center in the Issaquah Highlands. The first project would include the construction of an 88,000 square-foot medical office building to support the hospital on the other side of Northeast Discovery Drive. The four-story building will have nearly 400 parking stalls. Adjacent to the medical office building, a second development by Collinswoerman would create 120,000 square feet of office space, an 18,000 square-foot fitness center and 5,000 square feet of retail, along with nearly 300 parking units. The proposed projects sit in a vacant field with views of Lake Washington to the west. Townhomes are being constructed to the north. In the same field along Highland Drive, MG2 Architects has filed for permits to build out 107,000 square feet spread among 11 buildings on five lots with 545 parking stalls. These buildings would largely be single-story retail, with the possibility of building out a second story with an additional 13,000 square feet for retail, restaurants or deck space. In north Issaquah, Costco has sought to build out its campus along I-90 for years and is in the process to add 600,000 square feet for a total of 1.13 million square feet of... read more
Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand in South Asia with the formation of Sri Lanka Sotheby’s International Realty. Sri Lanka Sotheby’s International Realty will be led by CEO Amit Goyal and President Ashwin Chadha, who also stand at the helm of India Sotheby’s International Realty. The firm will serve the luxury residential real estate market throughout Sri Lanka with a flagship office in Columbo that is set to open in June of this year. Charles Phillpot, a seasoned real estate professional from the United Kingdom, will serve as the office’s resident director. “Sri Lanka is an attractive global market for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Over the past three years, Amit Goyal and Ashwin Chadha have demonstrated strong leadership in India and are a prime example of how to successfully leverage the brand’s global network. We are proud to support this expansion into Sri Lanka.” “The luxury real estate sector in Sri Lanka has a promising future,” said Goyal. “Sri Lanka’s luxury real estate market is expanding rapidly with condominium developments in Colombo, branded resorts and villas along the magnificent coastline, and private estates in the famous tea country, creating a strong luxury footprint in the region.” “We strive to provide the very best service to our clients,” said Chadha. “This is underlined by the significant attention and services we provide to our clients both locally and regionally. The Sotheby’s International Realty brand’s reputation positions us well in India and now in... read more
Happy National Grilled Cheese Sandwich Day! Observed annually on April 12th, grilled cheese sandwiches are celebrated as one of the top comfort foods in the United States on this day, and have been enjoyed since their origination in the 1920’s. In the spirit of delicious grilled cheese sandwiches, we welcome you to celebrate today at our favorite Redmond restaurant – Pomegranate Bistro. As a family favorite restaurant, we frequently visit Pomegranate Bistro. Chef and author Lisa Dupar is a master of her craft where she combines upscale American comfort food with Southern influences in a stylish, roomy and family-friendly cafe. Nestled in the heart of Redmond, Pomegranate’s menu has been our go-to destination for our friends and family and even catered my twin’s college graduation party. There is not another Grilled cheese sandwich that compares! About Pomegranate Bistro – Lisa Dupar has earned a reputation for creating food inspired by her Southern roots while honoring classic techniques and amazing local ingredients. She is one of the leading full-service catering companies in the Pacific Northwest. Pomegranate Bistro, shares a space with Lisa Dupar’s 14,000-square-foot catering kitchen, giving you a behind the scenes glimpse at our team in action. Their menu includes a contemporary blend of Pacific Northwest cuisine and classic comfort items including Moonshine Corn Fries, Arugula, Prosciutto and Pecorino, and of course a wonderful Grilled White Cheddar Cheese served with pom tomato soup and the option to add fried or hempler’s bacon. Their prestigious awards include: 425 Magazine, “Best of 425 – Best Breakfast/Brunch”, Pomegranate Bistro – 2012 & 2013 Wine Spectator Magazine “Award of Excellence” – 2007, 2008, 2010, 2011, 2012 & 2013 TripAdvisor “Award of Excellence”, Pomegranate Bistro... read more
There’s a huge difference between decorating for your own pleasure and spiffying up your home to sell. If you’re staying put and pining for a purple bathroom, go for it! The resale value of your eclectic tastes don’t apply. However, if you might put your place on the market in the next couple of years—and hope to fetch top dollar—then you’ll need to tone down what you want and ponder what the masses want instead. Because while pea-green appliances might appeal to you and be oh-so-trendy right now, will they make future home buyers swoon … or recoil in horror? We know, it’s hard to tamp down and “blandify” your personal style, but it’s a must. So, lest your Pinterest whims get the best of you, here are some “hot” home decor trends to avoid if you hope to sell anytime soon. 1. Wallpaper Victorian powder room design | Red River Remodelers, LLC Bold, almost kitschy wallpaper has been a big trend lately, especially in small bathroom spaces. We’ve seen tropicals, animal prints, cacti, geometrics, and just about every other kind of pattern in bright colors and metallics. Whether or not this trend has peaked (and we’ll leave the debate about whether wallpaper in bathrooms makes sense for another day), it’s a no-no for someone getting ready to sell. “It’s better to not overdo it with bold, bright patterns, even though these may be in style for now, particularly for wallpaper,” says Jamie Williams, founder of Studio JW in Brooklyn, NY. “When selling, you want to highlight your home’s positives, and inspire potential home buyers to use their imagination to envision themselves in your home.” 2. Intricate tile Mediterranean bathroom design | Cassidy Hughes Interior Design & Styling Bold-patterned cement... read more
If you sold your home at a good price, you’d be thrilled, right? But what if, a year or two later, you check in on your old home by idly punching your former address into realtor.com … and discover that its value has shot up even higher? In other words, had you only held onto this property a little longer, you could have made a real killing? Welcome to home seller’s remorse—a rampant affliction among home sellers across the country. It can hit at any point after a home sale, where, akin to tossing a winning lottery ticket, home sellers torture themselves with fears that they’ve sold their home too soon, thus losing out on tens of thousands of dollars. Home seller’s remorse can even kick in before a sale, stressing out homeowners who are thinking of selling but are worrying that they could be pulling the trigger too early … and missing out on the windfall their home could become. Sound painfully familiar? In the strong seller’s market we have now, where prices are rising across the country, it’s understandable. “Sellers tend to think that if they just wait a little longer, they can sell for more,” says Boris Sharapan Fabrikant, a real estate agent at Triplemint in New York. (Of course, he adds, the same is true of buyers: “They tend to think they could have bought for less earlier.”) Yet real estate experts insist that home sellers should stop second-guessing themselves and make peace with when they sell, and for how much. Here are some reasons you should never worry whether you’re selling your home too soon. Reason 1: Just as with stocks, you can’t time the housing market Have you ever heard how you can’t time the stock market? Pretty much the same thing goes... read more
Home staging versus interior design: What’s the difference? And which one do you need? While both share the goal of making your home look its best (and many pros offer both services), each serves a very distinct purpose. Here are some questions to ask to help you decide which one is right for you. “Home staging is all about prepping your house so it will appeal to as many buyers as possible,” explains Dessie Sliekers of Slick Designs. Photo by Wohngesicht Home Staging Home staging can include changing out paint colors, adding new pictures and artwork, and bringing in furniture and accessories. This service is generally viewed as a temporary one that’s done in order to garner bids and result in a sale. But if you’re settled into your home for the foreseeable future, an interior designer would be more suitable. “An interior designer is knowledgeable about building construction, remodeling, and structural details,” says Sara Chiarilli, a designer with Artful Conceptions in Tampa, FL. While a designer may also offer home staging services, this professional offers a much broader range of services, from complete overhauls (ripping out walls, installing new flooring) to simple color updates (paint, carpet, drapes, upholstery). “A designer will create a beautiful, functional space for her client that will last,” Chiarilli says. Do you want to express your personal style, or fetch top dollar when you sell? Home staging often has pretty rigid sales tactics (e.g., rolling three towels just so in the powder room, or displaying shiny green apples on the dining table nearly every time). This isn’t to say there aren’t different approaches to home staging, but the majority of a stager’s tweaks will be impersonal... read more
There are certain times each year where we are prone to reflection and goal setting. New Year’s Eve brings the inevitable resolutions, birthdays remind us of the preciousness of each year, career or personal milestones end one chapter and begin another. So, we set goals and expectations for ourselves, hoping and planning for more energy, more time to explore and create, better health and vitality, or even just the ability to detach. The home is at the heart of this concept. We are a product not only of the people we surround ourselves with, but of the spaces that surround us too. Regardless of where you spend your days, your home is the one place that can reflect your best intentions back at you. In the same way minimalist design principles champion pause, design can change the way you live. These five ideas will help you find and reaffirm your plans and purpose each time you walk through the door. Create a Sensory Retreat Dubai, United Arab Emirates | Gulf Sotheby’s International Realty Small design tweaks and the thoughtful placement of a few select accessories can help shift a space into a harmonious sanctuary. Add more reflective surfaces to extend natural light to every room and tune out life’s noise with a surround sound audio installation. A scent-memory connection can bring positive association to your space — use an aromatic diffuser to add a hint of calming eucalyptus or saje to the air. Careful planning and thoughtful palettes add a sense of meditation to the room. Escape Without Travel Kremmling, Colorado | Jack Wolfe – LIV Sotheby’s International Realty Privacy and a change of scenery are... read more
Businesses from Issaquah and Sammamish are participating in the Seattle Home Show, which kicks off Saturday, Feb. 17 in the Emerald City. From tiny homes to she sheds, from kitchen vignettes to outdoor living displays, Northwesterners will be able to see all the best and newest for the home when the Seattle Home Show, the oldest and largest consumer home show in the country, opens its doors Feb. 17 through 25 at CenturyLink Field Event Center. Participating Issaquah businesses include Aguiar Pavers, LLC; All Weather Deck and Rail, LLC; Armada Design and Build; Atkinson Wealth Strategies; Diamond Overlay; Fitness Shop; ForeverLawn Bellevue; HomeStory Doors; iDream Mattress and Massage; Interior Visions; Kitchen Plus; the Master Builders Association of King/Snohomish Counties; Northwest Under Decks; Nutri-2000; Richard Landon Design; Unique Art Glass, LLC; and Windermere Real Estate. Participating Sammamish businesses include Voya Financial and REMAX Eastside/Metro. Small is big, color is back and Millennials are now starting to move into the local housing market. Millennials furnishing their first homes are often turning to antiques and other collectibles (sometimes from garage sales and thrift stores) as they feel they are more durable than mass produced products made today. So say exhibitors at the Seattle Home Show, who represent the leading building, design and construction professionals in the Puget Sound. At this year’s show, small will be especially prevalent, and not just tiny homes. Think of small structures of all types – backyard studios, detached home offices and even “She Sheds” – as Millennials look for new alternatives in housing, Baby Boomers downsize and homeowners across the board become more conscious of maximizing their... read more
The world knows the Sotheby’s brand. With buyers flooding the local area from around the globe we are able to capture their attention prior to their arrival by showcasing our properties through all our global affiliates even before the buying trip begins. As the only authentically global real estate firm in the world, the Sotheby’s International Realty network has more than 20,000 affiliated independent sales associates. Our offices are located in 880 offices in 69 countries and territories worldwide. Below you will find more information about the five newest Sotheby’s affiliate offices along with details highlighting what makes each region appealing to buyers. Milwaukee, Wisconsin Southeast Wisconsin is a very active and dynamic region with strong economic growth and a flourishing luxury residential real estate market. Upstate New York The Adirondack Mountains are a year-round retreat and a desirable market for those seeking a home that caters to an active lifestyle. Roatán, Honduras Roatán is an attractive second home market that offers residents tranquil Caribbean living and a preeminent level of privacy. Vienna, Austria For those who appreciate architecture, the capital city of Vienna is graced with an inspiring baroque style. The rest of the country offers something for everyone from elegant city living, to country estates and vineyards, to mountain ski chalets. Athens, Greece Greece, along with the Greek islands, are emerging as an idyllic luxury real estate market in the Mediterranean. For a complete list of our global offices, please click... read more
Teamwork, collaboration and group efforts – this is what makes the biggest difference in serving our clients from across the nation and around the globe. Having been invited to join the Sotheby’s International Realty Exceptional Agent Network (EAN), we’ve been given the tools needed to truly take our client’s needs to the next level. EAN is an outstanding group of professionals consisting of a network of top producing agents who are joined in trust and respect. The network allows agents to share best practices and leverage the connections we have within our own local marketplaces for our clients and partners. As Founders of the Issaquah office of Sotheby’s International Realty Affiliates our goal was to serve our local areas East of Seattle. In 2014, Christine was honored to be asked to join this globally recognized group of professionals, which we knew would further expand to our abilities of exceeding clients expectations. Our relationship with the association allows us to represent our clients needs and interests in markets around the world. We have also been able to solidify our connection with feeder markets to Puget Sound and our personal property listings. “Returning to Seattle from San Francisco where EAN began, I’ve had a two fold opportunity to get to know and work with the esteemed group,” Jay Kipp said about the network. The EAN has been a great way for our team to expand globally while utilizing the industry’s best practices. Our direct connections include the states and cities with the highest number of relocating professionals throughout the world. Among the list, the following connections are included: International Hubs –... read more
The Kipp Team is pleased to present a most recent analysis of the housing market trends for the first half of 2017. These reports show what the market is doing in comparison to last year and how it may affect our buyers across the Puget Sound region. With low inventory and an influx of buyers moving to the region for jobs at tech companies, the market has become more competitive than ever. Our company is happy to report local statistics about the trends of the market in different neighborhoods across Puget Sound. At a glance, the statistics for our market vary by location. Our Eastside has seen noted growth and this continues into our summer market. Similarly, the Seattle market is robust. Eastside | Residential Average home prices on the Eastside have also had impressive increases. Notoriously anemic supply continues for communities on the Eastside, as inventory decreased to just 0.8 months with a spike in the average list price, up $300,000 from last year. Issaquah and Sammamish Issaquah and Sammamish continued to be desirable locations for buyers. With aquatic adventures aplenty, top-rated golf courses and premier public education, the area has it all. Combined, the two cities held a median selling price that was 21.8 percent higher year-over-year. Homes continued to sell in a week or less with a median price 2.4 percent higher than the listing price. Boasting a great community atmosphere with a close proximity to the Eastside tech corridor, Issaquah and Sammamish remain to be highly sought-after areas. In May, the Kipp Team sold the above Sammamish residence for $1,900,000. This is just one example of... read more
As Senior Agents with Sotheby’s International Realty (SIR) we pride ourselves on having outstanding global awareness. This awareness has led our properties to have more exposure across the world with more web traffic than competitors, certainly the most exposure possible. The statistics for the SIR website are in, and are nothing short of impressive. In the first quarter of 2017, the brand crushed it’s previous numbers in many categories, including web traffic and page views. With 7 million unique visits to the page and over 30 million total views, our SIR website has proven once again to be a leader in the industry. SIR.com is a unique platform because it attracts large numbers of viewers to our locally listed properties. Not only has the brand been successful in global marketing through the SIR homepage, we have found success on YouTube. The SIR Youtube page is the most subscribed-to real estate channel and recently celebrated 30 million page views. Our marketing and process provide a global reach that other companies simply cannot compare to. With more website views than before our SIR presentations reach far beyond our Puget Sound, to where our buyers are coming from. With 30 million YouTube views, 30 million visits to the SIR website and my 30 years of industry experience, I look forward to assisting you with your real estate needs. Please feel free to contact me with any questions you may... read more
_______________________________ 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
Your comprehensive guide, take a peek at what’s going on! From Friday’s Wine Walk in downtown Issaquah to the Opening Day of Boating Season and the Mother’s Day Half Marathon.
U.S. News & World Report reviewed 28,561 public high schools in the country and 152 Washington schools made the list! Liberty ranked 11th in the state and Issaquah 12th, both earning Silver Awards.
Showcasing our beautiful Issaquah, Sammamish region, I am excited to share that I am featured in this month’s Seattle Magazine as a part of a neighborhood insert put together by Realogics Sotheby’s International Realty.
We are excited to announce that our client’s Sammamish Traditional home is featured as the Home of the Day on the Puget Sound Business Journal!
From the Spring Sip & Shop at Chateau Ste. Michelle in Woodinville and Keep Issaquah Beautiful Day at Hailstone Feed Store to Snohomish on the Rocks at Thomas Family Farm, here’s what’s happening around the sound.
Your comprehensive guide, take a peek at what’s going on! From Free Washington State Parks Admission Day to the Seahawks Bark Benefit in Issaquah and Snohomish on the Rocks at Thomas Family Farm, 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
Our local heritage is a treasure. Snoqualmie Falls is considered the birth place of the Snoqualmie Tribe. While their land is sacred, it became a construction site in 2015. What started as a roundabout could quite possibly be followed by a large housing development.
Your comprehensive guide, take a peek at what’s going on! From the Seahawks Bark Benefit at Pickering Barn in Issaquah to Watercolor Art & Wine at the Arts 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
With a grateful nod to Dave Kampf’s and other families, 1969 Burlington Northern steel caboose and an aging red barn that once sat at the corner of 228th Avenue Southeast and Southeast Fourth Street in Sammamish are taking on a new life.
The first Collections Volume in 2016 explores groundbreaking 2015 initiatives and looks to the future with spotlight sections and marketing influences. Realogics Sotheby’s International Realty was featured prominently, with quotes from both Dean Jones, Owner & CEO in addition to Andrea Savage, Vice President of Marketing. The Marketing Influence section heavily described recent initiatives surrounding the firm’s “Asia Services Group,” from Seattle Luxury Living Magazine, in which our Issaquah, Sammamish and Redmond listings are featured prominently, to the WeChat real estate portal. As Dean Jones stated, “this app will help us showcase our Pacific Northwest real estate and lifestyle real time overseas. It was a necessary investment to encourage communications between our Asia Services Group and connect our local brokers and their listing clients with a world of opportunity.” A special spotlight on New Homes and Developments, describes The Homes at Fort Lawton project, represented by RSIR. Andrea Savage, who was instrumental in establishing the platform on sothebysrealty.com, described that “taking on a large new development project that includes multiple homes is a difficult task and takes a lot of strategy to find a large pool of buyers,” continuing that “the new search allows us to direct our potential buyers directly to our portfolio of new construction. We are able to show the different property types offered all in one place and still carry the branding that was created for the project.” Read Collections Vol. 1 2016... read more