The June 9th print edition of the Puget Sound Business Journal revealed the list of Largest Residential Real Estate Firms in Washington, ranking Realogics Sotheby’s International Realty sixth overall, an apropos position given that it is the firm’s sixth consecutive year on the list. Ranked by 2016 residential home sales in the Puget Sound region, RSIR reported $1.07 billion in local residential sales last year. Most notably, despite being smaller than any of the brokerages in the top 5 spots at 195 agents, the boutique brokerage reported an average sales price of $767,000, higher than the average of each of the top 5 firm’s by at least $225,000.Read More
Puget Sound Business Journal
As Patti Payne of the Puget Sound Business Journal announced on March 28th, “Realogics Sotheby’s International Realty is expanding into Seattle’s Madison Park” with its fifth branch office location. The latest addition to the growing global real estate brand “will consist of two sites across from each other: The Park House, a boutique real estate store front at 4031 Madison St.; and administrative offices in the building across the street.”
“Jones sees growing and sustained demand in the Madison Park area because of local job growth and traffic congestions. ‘I believe this is a point of inflection,’ he said, ‘and the Park House and our new brokers will be timely additions to our regional network as these trends play out.” Jones also alluded to future office locations in Seattle and the Eastside in areas “to be determined.”
For more information on “The Park House” branch office, Read the Press Release >>
In a recent Puget Sound Business Journal article, Emily Parkhurst declares that “This is the best time to list your house for sale in Seattle.” The dates she’s referring to? The first couple of weeks in May. As the feature describes, “houses listed between May 1 and May 15 sell 20 days faster than the yearly average.” What’s more? “They also sell for an average of $2,600 more.” These dates apply to most of the market in the United States, but are even weightier in a market as hot as Seattle’s.
May will thus mark an especially significant time to list in the already favorable market. As the Puget Sound Real Estate Trends & 2015 Year in Review, released by Realogics Sotheby’s International Realty, explains, the year 2015 witnessed white-hot real estate conditions throughout the Puget Sound not seen since before the Great Recession. Prices of real estate throughout the Puget Sound catapulted higher in 2015 and a similar trajectory is expected in 2016: expanding demand, anemic supply and developers playing catch up to increasing homeownership levels.
I am SO excited to share that my client's Glacier Peak View Home WON Home of the Week on the Puget Sound Business Journal! THANK YOU THANK YOU to all of you who voted!! You helped us get featured in the weekend print edition of the paper.
A private drive leads toward sweeping 180 degree views at Glacier Peak, perched high above the stunning Snohomish Valley. Walls of windows carry throughout the home to frame iconic Pacific Northwest vistas that complement a one-of-a-kind retreat situated across more than an acre of pristine land. Pride of ownership and meticulous care are evident from the minute the front door opens, as stunning finishes and soaring ceilings meet a striking wrought iron staircase.
Culinary creators will revel in a spacious kitchen with walls of windows and light, stainless steel appliances, and Corian countertops with effortless movement toward the formal dining room and breakfast cove. The tranquil master suite with a private bath and sitting area offers an area of respite for waking up with a morning cup of coffee or melting the day’s stress away.
With a gracious 3,363 square-foot floorplan, harmony is between indoors and outdoors is achieved, as the lower level features an office alcove accompanied by a living room and bonus area that flow out toward the backyard. Catch marvelous views of wildlife with lush green landscaping and brick patios for entertaining.
An unfinished room is ready for your vision, whether it’s a wine cellar, craft room or extra storage. A three-car garage with mudroom paired with an additional detached two-car garage offers plenty of space for the hobbyist. Feel miles away from it all yet enjoy convenient access to I-5 and Boeing Everett.
You've probably heard by now that Zillow purchased Trulia in a $3.5 billion deal, and it's left many wondering what the effect on the real estate market will be. The Puget Sound Business Journal reports that real estate agencies in the Pacific Northwest agree that it won't be bad for business. The article reads, "[t]here are literally hundreds of real estate aggregating websites out there, said Dean Jones, owner and CEO of Realogics Sotheby's International Realty. Because there are so many places for people to find listings, he expects the expanded Zillow to take a cautious approach to raising its prices because agents could easily advertise elsewhere."
With the Zillow/Trulia company set to control up to 70% of online real estate listings, it will be interesting to see how this merger plays out in the coming months.
Chad Zinda - Realogics Sotheby’s International Realty Director of Sales and Designated Broker by day, dancer by night? He definitely tried on the role well at Seattle Dances! 2014, which took place on March 1st. Chad and the other celebrity dancers entertained while raising an excess of $522,000 for Plymouth Housing Group! The event garnered much media attention, as Patti Payne from the Puget Sound Business Journal and Nicole Brodaur from the Seattle Times wrote about the successful evening. Watch all the dancers shake it in the video below!