Kirkland

2018/2019 Market Update: Year End Review and Trends to Watch

2018/2019 Market Update: Year End Review and Trends to Watch

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. RSIR has analyzed the data and presented a report with a 2018 retrospective and look at Seattle’s performance on the S&P CoreLogic / Case-Shiller Home Price Index, a review of market activity in 8 key counties and 31 communities around Western Washington, and a Look Ahead at trends for 2019. Below I’ve compiled key insights for King and Snohomish counties, in addition to some of the most coveted Eastside enclaves, and what to watch as we continue through 2019. I offer these thoughts, as a conversation starter with you.

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Sotheby’s International Realty Reports Gains in Key Performance Metrics for 2013

As Realogics Sotheby’s International Realty has experienced growth this year with the opening of our new Kirkland Showroom, Sotheby’s International Realty Affiliates LLC is also reporting continued growth. In 2013, its U.S.-affiliated brokers and sales professionals handled 24% more transaction sides compared to 2012, a number nearly 3 times higher than the National Association of Realtors.® reported 9.2% gain. Sales volume also rose to 29%, a full 10% higher than the overall market numbers, according to the National Association of Realtors.

Sotheby’s International Realty network only promises continued global growth in 2014, with the opening Beijing Sotheby’s International Realty, which Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC says, “is slated for the first quarter of 2014.”

The Eastside Brokers Become "Connoisseurs of Wine"

On Thursday, March 13th a collective of brokers from Realogics Sotheby’s International Realty’s ”Connoisseurs of Life” Showroom gathered at the new branch office for an evening of wine education courtesy of the Maison DeLille Wine Bar. Guests sipped on four exclusive wines while enjoying a bite and one another’s company. The delicious Wine Tasting Menu ranged from an aromatic Doyenne 2012 Roussanne to a vintage DeLille Cellars 2011.