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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Welcome to Bellevue Towers

Posted on June 12th, 2017

Welcome to Bellevue Towers

NOW PENDING – Bellevue Towers 2712 Sleek urban design in this south facing two bed with nook featuring custom built-ins and a murphy bed. Rich in natural light with extensive upgrades throughout including solar shades, recessed lighting & dimmers, lighting fixtures, and more. Open great room floor plan, dining room, and a private balcony overlooking

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The Nation’s Fastest-Rising Home Prices Award goes to …

The Nation’s Fastest-Rising Home Prices Award goes to …
Posted on June 2nd, 2017

The Nation’s Fastest-Rising Home Prices Award goes to …

The winner is Seattle! According to the Puget Sound Business Journal, Seattle has the fastest rising home prices in the country followed by Portland and Dallas. In March, Seattle was in the lead with a 12.3% year-over-year price increase. Due to extremely low inventory, the median sales price for a single-family residential home in Seattle was

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Chief Economist Predicts Seattle Recession

Chief Economist Predicts Seattle Recession
Posted on May 5th, 2017

Chief Economist Predicts Seattle Recession

  Windermere’s Chief Economist Predicts a Seattle Recession? Really?! According to the Puget Sound Business Journal, “Windermere Chief Economist Matthew Gardner anticipates a couple of years before a recession heads this direction.” Calm down! We know what you are thinking … NOT AGAIN! We are here to tell you not to panic. He is not talking

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The new “mini-Seattle”

The new “mini-Seattle”
Posted on April 28th, 2017

The new “mini-Seattle”

  Downtown Bellevue Residential Projects are on the Rise According to the Seattle Times, Bellevue has become the fastest-growing neighborhood in the city by far with more than a dozen new apartment projects on the horizon. We can now say that downtown Bellevue is becoming a “mini-Seattle” with new apartment towers packing more residents into an

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Eastside Real Estate Forecast

Posted on March 3rd, 2017

Eastside Real Estate Forecast

Our region is experiencing an ever-expanding population, low inventory, soaring prices, and possible creeping interest rates — here’s some expert advice on what to expect in 2017. By Margo Greenman and Joanna Kresge Prices are on the rise across the Eastside “If you’re trying to buy something for say, under $750,000, you’re priced out of Bellevue

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Eastside Rail Corridor Plan – Approved!

Eastside Rail Corridor Plan – Approved!
Posted on February 18th, 2017

Eastside Rail Corridor Plan – Approved!

ERC Plan Approval   As large companies continue to expand into the Seattle area, population growth continues to rise and as a result, the length in travel time for commuters continue to increase. In order to reduce travel time, additional transportation routes must be introduced to avoid congested streets and highways. According to the Bellevue Reporter,

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Amazon’s Biggest Year for Hiring … EVER.

Amazon’s Biggest Year for Hiring … EVER.
Posted on February 10th, 2017

Amazon’s Biggest Year for Hiring … EVER.

Amazon Employee Growth According to the Puget Sound Business Journal, Amazon hired a total of 341,000 employees by the end of 2016. That’s an increase of 110,600 from the year before! Amazon CEO Jeff Bezos announced the plan of adding more than 100,000 employees by mid 2018. Some of those jobs will be headquarter jobs in

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