Market Maker Recap: A Dozen Key Findings & Conclusions
05 Nov

Market Maker Recap: A Dozen Key Findings & Conclusions

Seattle
Realogics SIR On October 23, 2024, over one hundred Realogics Sotheby’s International Realty (RSIR) brokers attended a bi-annual Market Maker panel and discussion at the Bellevue branch. Led by RSIR leadership, the featured keynote presentation was made by economist Matthew Gardner of Gardner Economics. To follow, a pro-panel of experts on the topic of the $90 trillion “Great Wealth Transfer” included Amy Mutal of Prevail Wealth Management, Jolene Messmer of Movement Mortgage, retired developer and investor, Trevor Jones, of  T. Jones Group, and Gardner. The event concluded with a hosted luncheon by Jocovine Bistro and an interactive presentation by Jeff…
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The Electoral College offers a democratic and federal approach to representation
02 Nov

The Electoral College offers a democratic and federal approach to representation

Politics
The next president of the United States may, again, be the candidate with the fewest popular votes. This has happened only six times in U.S. history (1800, 1824, 1876, 1888, 2000 and 2016), but twice in the last six elections. What were America’s founding fathers thinking when they created the Electoral College to select the president? Should we replace the Electoral College with a more democratic system for electing the president? In selecting the president, the founders wanted to make the presidency broadly representative of the nation, keep it independent of the legislative and judicial branches of government and moderate…
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$23M California mansion modeled after the White House sells successfully 
02 Nov

$23M California mansion modeled after the White House sells successfully 

Real Estate
A California mansion resembling the White House, known as the "Western White House," has been sold for $23 million as of October 23. The Neoclassical Georgian-style home, over 100 years old, was revamped in 1930 by architect Julia Morgan, who also designed Hearst Castle. Situated on a 2.9-acre lot, the estate features a pool pavilion, impeccably laid driveway, and lush landscaping. Inside, the mansion boasts over 24,000 square feet, 11 bedrooms, and luxurious amenities, including a home theater, fitness room, and a stately office reminiscent of the Oval Office. The property was initially listed at $38.9 million before the sale,…
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$23M White House replica mansion in California sells
02 Nov

$23M White House replica mansion in California sells

Real Estate
Real Estate News Today on Fox Business A mansion in California that resembles the White House is officially off the market after a buyer scooped it up in late October. The seller fetched $23 million in the Oct. 23 sale of the massive Hillsborough home nicknamed the "Western White House," according to its listing with Compass agents Alex and Pierre Buljan.  Alex Buljan told FOX Business it was "one of the priciest sales ever in Hillsborough." The Neoclassical Georgian-style mansion is over 100 years old and has belonged to multiple different people over its lifetime. PALATIAL CALIFORNIA BILLIONAIRE-OWNED ESTATE HITS…
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Headlines vs. Trendlines | Taking Advantage of an Uncertain Market
01 Nov

Headlines vs. Trendlines | Taking Advantage of an Uncertain Market

Invest, Seattle
Realogics SIR In this pre-presidential-election landscape, many market watchers, potential buyers and sellers, and industry experts are keeping a close eye on trends. The recently released S&P/Case-Shiller Home Price Index report (as of August 2024) supports the stance that the best move for today’s buyer could be to jump in the market now versus taking the risk of purchasing when prices are even higher down the line.  The above graphic illustrates that home price gains nationally are still positive in August, year-over-year, just at a pace that is decelerated from prior months. This would make sense given the increased inventory…
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Q3-2024 Market Trends Around The Sound: Insights and Analysis for Strategic Decision-Making
01 Nov

Q3-2024 Market Trends Around The Sound: Insights and Analysis for Strategic Decision-Making

Seattle
Realogics Sotheby’s International Realty is pleased to share key insights from the Market Trends From Around the Sound report, focusing on the third quarter of this year. The data reveals notable gains in seller activity across 16 diverse communities in the region, resulting in significant increases in inventory compared to Q3-2023. This has granted buyers more options to consider, allowing for greater flexibility in their real estate decisions. For sellers, the trend of rising prices in most areas has reinforced the benefits of listing their homes, leading to successful transactions. As you strategize your real estate objectives for the remainder…
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Market Trends From Around The Sound: Q3-2024
01 Nov

Market Trends From Around The Sound: Q3-2024

Seattle
Realogics Sotheby’s International Realty is pleased to share key insights from the Market Trends From Around the Sound report, focusing on the third quarter of this year. The data reveals notable gains in seller activity across 16 diverse communities in the region, resulting in significant increases in inventory compared to Q3-2023. This has granted buyers more options to consider, allowing for greater flexibility in their real estate decisions. For sellers, the trend of rising prices in most areas has reinforced the benefits of listing their homes, leading to successful transactions. As you strategize your real estate objectives for the remainder…
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