Bosa Park Row – Bosa’s Third Condo Project in Downtown Bellevue

Posted on December 1st, 2017

Bosa Park Row – Bosa’s Third Condo Project in Downtown Bellevue

The word is out: Bosa Development has submitted plans for its third condominium project in downtown Bellevue! Known as Bosa Park Row, this 21-story project will be located at 201 Bellevue Way NE and will include 144 residences, 10,400 square feet of retail, and 282 underground parking stalls. Currently, the site is home to Yogurtland and other small

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Tax Plan Would Hit Eastside Homebuyers Hard

Tax Plan Would Hit Eastside Homebuyers Hard
Posted on November 3rd, 2017

Tax Plan Would Hit Eastside Homebuyers Hard

The proposed Republican tax plan would reduce itemized mortgage-tax benefits for new owners of expensive homes. Unfortunately, that would apply to the typical house selling today in our area. The proposal, according to The Seattle Times, “would cap the federal mortgage-interest deduction at $500,000 for new-home purchases, down from the limit of $1 million.” New

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Seattle Home Price Growth Leads Nation For 11 Straight Months

Seattle Home Price Growth Leads Nation For 11 Straight Months
Posted on September 29th, 2017

Seattle Home Price Growth Leads Nation For 11 Straight Months

For the 11th month in a row, Seattle is leading the country in home price growth. In fact, our home price growth is nearly double that of any other U.S. city according to the latest Case-Shiller home-price index. Single-family home prices increased 13.5 percent in July from the year before. The next city in the

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One88 Breaks Ground in Bellevue

One88 Breaks Ground in Bellevue
Posted on September 22nd, 2017

One88 Breaks Ground in Bellevue

Last week, a new condominium project by Bosa Development broke ground in downtown Bellevue. The new development One88, is the first new condo project in Bellevue in the last ten years. According to the Downtown Bellevue Network, “the 21-story residential tower, located at the intersection of Bellevue Way Northeast and Northeast second, features approximately 143

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Hot and Cool Spots for Our Market

Hot and Cool Spots for Our Market
Posted on September 15th, 2017

Hot and Cool Spots for Our Market

August followed many of the same trends we saw throughout spring and summer; a hot, hot housing market with low inventory and high prices. However, some cooler spots are becoming more apparent, and some trends are beginning their seasonal slowdown. According to the latest release from the Northwest Multiple Listing Service (NWMLS), “pending sales area-wide

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Amazon’s Massive Takeover Leads to Seattle Boom

Amazon’s Massive Takeover Leads to Seattle Boom
Posted on August 25th, 2017

Amazon’s Massive Takeover Leads to Seattle Boom

Amazon has become a powerhouse for the Seattle area. With its recent acquisitions, record employment, and now massive office space takeover, it seems there is not much this tech company cannot do. According to a new analysis by The Seattle Times, “Amazon now occupies a mind-boggling 19 percent of all prime office space in the

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GIX Opening Soon in Bellevue

GIX Opening Soon in Bellevue
Posted on August 18th, 2017

GIX Opening Soon in Bellevue

Global Innovation Exchange (GIX) With GIX opening next month in Bellevue, the Spring District is ready to become the next major urban hub on the Eastside. The Global Innovation Exchange (GIX) is a partnership between the University of Washington and Tsinghua University in Beijing “that will create a graduate school focused on technology and innovation.”

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The Effects of Low Condo Inventory in Downtown Bellevue

The Effects of Low Condo Inventory in Downtown Bellevue
Posted on August 4th, 2017

The Effects of Low Condo Inventory in Downtown Bellevue

This year’s inventory has been extremely low and downtown Bellevue has become even more desirable. The way of living and the lifestyle that Bellevue has to offer continues to attract more and more people each day. With large developments on the rise (Lincoln Square Expansion) and tech companies such as Amazon, Google, and Microsoft claiming

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Washington No. 1 State for Business in US

Washington No. 1 State for Business in US
Posted on July 14th, 2017

Washington No. 1 State for Business in US

In CNBC’s 2017 ranking of America’s Top States for Business, Washington state soared to the top of the list! Our state’s economy grew 3.7% last year, which is 2.5 times faster than the national rate. Additionally, we have the nation’s largest concentration of STEM workers. The technology market here is one of the strongest across

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The Decline of the Suburbs

The Decline of the Suburbs
Posted on June 30th, 2017

The Decline of the Suburbs

  Hot Topic – Seattle Population Growth For about a century (starting since 1910), population growth was faster in surrounding King County than it was in Seattle proper. In 2016, the tables turned and “the suburbs experienced their slowest population gains in more than a decade.” Gene Balk of The Seattle Times explains how this

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