According to a recent survey, many Americans aged 50-80 want to age in place and stay in their homes for as long as possible. As a real estate agent, it's important to understand the needs of this demographic and help them make modifications to their homes for safer and easier living.
Amid increasing interest rates and uncertain economic conditions, we’re seeing moderate increases in home inventory, and buyers may find the balance of power shifting slightly in their favor.
You may have read headlines about our shifting market: interest rates are up and home sales are down. While that’s true, that simple interpretation of our real estate market is more nuanced, and there are advantages to both sides of a real estate transaction, as long as you have the right real estate advisor by your side. In our quarterly reports, we dig into the numbers to help you decipher what they may mean for achieving your real estate goals. These reports are just the start. A conversation with your global real estate advisor can help you put these numbers in context and what they mean as you approach your real estate goals for 2022, 2023, and beyond.
As the market cools and sellers experience less of the fierce bidding wars we witnessed earlier this year, it’s become increasingly important to present a listing in its best possible light, creating the need to step up marketing strategies and entice buyers…
WestSound Magazine presents the annual Best of West Sound results for 2022! Entries have been submitted from Bainbridge Island all the way to Gig Harbor. Here are a few restaurants the community loved most.
Just like newspaper headlines, the story of the second quarter of 2022 is focused largely on the economy–and in particular, rising interest rates. Up significantly from the conclusion of the first quarter, the pace of buying and selling homes had anecdotally slowed, but the numbers in our quarterly reporting inform us that across Western Washington, the time on the market is still swift and the median sold price is still climbing, but now, buyers have more to choose to from.
The beautiful landscapes of the Pacific Northwest aren't complete without our water views. From in-city waterfronts along lakes and the majesty of the Puget Sound to island living and vistas along Washington's scenic port towns, there's nothing like a piece of shoreline to call your own. Realogics Sotheby's International Realty presents the 2022 Waterfront Report to help inform the next steps on your selling or buying journey.
The first quarter of 2022 was a tale of two real estate journeys. For sellers, their opportunities were bolstered by low inventory, escalating competition and often driving offers over list prices. For buyers, the market was plagued by low inventory, with few opportunities and massive competition making it difficult to secure a home across Western Washington—just as interest rates started to tick back up.
In the Realogics Sotheby’s International Realty’s Forecast Report 2022, we attempt to answer that complex and multifaceted question for you, with the help of experts in their fields who are navigating inflation, 1031 exchanges, supply chain issues, and more.
From homebuyers flocking back to the city to the frenzy around low inventory, 2021 was quite the year for real estate. Take a look into Sotheby's 2022 Luxury Outlook for an in-depth review of the global real estate market, and how that's shaping the year ahead.
Typically, the real estate market slows down over the holiday season. Buyers take a break from their home search, whether from fatigue or just the hustle and bustle of the holidays. And sellers tend to focus on gathering with loved ones instead of preparing to list. But, 2021 has proved to be anything but typical.
Real estate is known for cooling down each winter, but there are many benefits to buying or selling during the winter month, including more serious buyers and less competition. If you’re considering making a move in 2022, you may not need to push it off until next spring!
The increases on Bainbridge Island are steady and reliable. Since the third quarter of 2020, the median sales prices for a residential home on the island have ticked up year over year.
The roof over your head determines a lot of what happens in your day-to-day life. It’s one of the reasons I’m passionate about my work, helping people on their real estate journey, selling their home and finding the next stewards who will care for the gardens, raise little ones, or settle peacefully into a well-deserved retirement.
With 53 miles of coastline, ample trails, and the perfect variety of restaurants, there’s no better place to explore during the summer in the Pacific Northwest than Bainbridge Island.
Mark Middleton continues to set real estate records. Over the past three years, he has had seven record-breaking sales in North Kitsap!
An exclusive report on neighborhoods in Kitsap County, covering real estate sales activity and regional trends.
From in-city waterfronts, island living, and vistas along Washington’s scenic port towns, there is nothing like finding a piece of shoreline to call your own.
You’re almost to the finish line — and the closing table. To get you there, here are some final walk-through tips.
An exclusive report on neighborhoods in Kitsap County, covering real estate sales activity and regional trends.
Last month, on April 25, the Washington State Legislature passed a new bill that adds a seven percent tax on long-term capital gains over $250,000. The new tax is to be effective on January 1, 2022, and is expected to raise $415 million or more to fund K-12 education in Washington State…
Hot, hot, hot—the temperatures keep rising in the real estate market, strongly favoring sellers. Realogics Sotheby’s International Realty examines five key markets each quarter to find out where the market has been, and where the trends might lead us next. And 2021 kicked off with a limited number of available homes.
As we begin to embrace the beauty of spring and all that it offers we’re also reminded of the opportunities that spring brings to refresh and renew. While spring cleaning may be high on your to-do list, your home maintenance should be as well. Here are a few things to add to your maintenance checklist to ensure that your home is ready for summer!
What better way is there to spend a spring day than enjoying all that Bainbridge Island has to offer? If a spring Saturday outdoors is what you crave we’ve got you covered from dipping your toes into Bainbridge’s rich history, to spending some time among nature or even enjoying a sweet treat or waterfront dinner.
The Puget Sound region is a stunning, vibrant, and affluent region; a region that millions call home. Homeownership is a goal for many, but to some, it feels unattainable. On Bainbridge Island, the average home price is three times higher than the rest of Kitsap County, leaving many residents struggling with escalating rent and real estate prices. For the past ten years, Housing Resources Bainbridge Island has been helping to make affordable housing and homeownership achievable for all.
When the clock struck midnight on December 31, few were disappointed to see 2020 end. But despite the difficulties endured over the last year, the real estate market remained resilient. It powered forward boasting median home prices that had continued to rise since the initial lockdown last March, more closed home sales than this time last year, and low inventory in nearly all the market areas Realogics Sotheby’s International Realty dives into for its quarterly reporting. Our homes are everything to us—now more than ever. Our office and school, our restaurant and gym—if you’re thinking about entering the market, take a look at our findings and reach out to one of RSIR’s real estate experts for guidance on what your next steps should look like.
You may have read headlines about our shifting market: interest rates are up and home sales are down. While that’s true, that simple interpretation of our real estate market is more nuanced, and there are advantages to both sides of a real estate transaction, as long as you have the right real estate advisor by your side. In our quarterly reports, we dig into the numbers to help you decipher what they may mean for achieving your real estate goals. These reports are just the start. A conversation with your global real estate advisor can help you put these numbers in context and what they mean as you approach your real estate goals for 2022, 2023, and beyond.