Amazon Ramping Up Employment In Bellevue With Plans To Add Thousands Of New Jobs
Amazon already has a major footprint in the Bellevue, with some 2,000 employees, but the e-commerce giant is continuing to expand its workforce in the city, with plans to create 15,000 new jobs over the next few years.
Read More →The Gardner Report – Q4 2019
The Gardner Report – Q4 2019
The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. Employment in Washington State continues
Read More →Latest Big Office Project Planned for Bellevue
Latest Big Office Project Planned for Bellevue
Developer Legacy Cos. is proposing the largest development to date, a 1.2 million square foot mixed-use office project in downtown Bellevue known as the Bellevue Straits. Both towers will be 400 feet tall and located along I-405 on the 500 block of NE 6th Street. The project will include mostly office space with some shopping/dining space. According to
Read More →Our 2020 Real Estate Market is Moving Full Steam Ahead
Our 2020 Real Estate Market is Moving Full Steam Ahead
I cannot go anywhere without someone asking me “……so how is the market”. Well after a nice break with family over the holidays I can tell you with certainty that the real estate “switch” has since been turned back on. Just days into the year and I feel like I need another vacation! That is
Read More →JUST LISTED: Aria at Main Condominium #301
JUST LISTED: Aria at Main Condominium #301
JUST LISTED: Welcome to Downtown Bellevue’s Aria at Main Condominiums! This fully upgraded top floor / end unit with partial city views embodies comfort, style, and privacy all in one. Meticulously maintained with exceptional quality finishes throughout. Includes a spacious outdoor patio, an adjacent fully finished bonus room that can be used as an art
Read More →Excise Tax Revision for 2020
Excise Tax Revision for 2020
Read More →2020 Forecast and Upcoming Event!
2020 Forecast and Upcoming Event!
I attended a market forecast event with famed economist Matthew Gardner where he made some observations and pulled out his “crystal ball”. You may have seen him on CNBC, or even at one of my annual events! I took some notes that I thought you might also find interesting, see below. On February 4th Matthew will
Read More →Avenue Bellevue Condo Update: 30% Pre-Sold in West Tower
Avenue Bellevue Condo Update: 30% Pre-Sold in West Tower
According to Downtown Bellevue Network, 30% of the 224 residences in the West Tower are now sold. The West Tower ranges between studios to two-bedroom units with views of the city skyline, onsite amenities, valet service, and more. Available homes start at $899,000. The South Tower holds 98 units with available units ranging between one to
Read More →Matthew Gardner’s 2020 Real Estate Forecast
Matthew Gardner’s 2020 Real Estate Forecast
It’s that time of year when Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market. As we head toward the end of the year, it’s time to recap how the U.S. economy and housing markets performed this
Read More →Top 35 Amazon Gifts that Work for Anyone on your List
Top 35 Amazon Gifts that Work for Anyone on your List
Holiday season is here and many are searching for the perfect gifts for co-workers, neighbors, friends, and family. Thanks to Business Insider, shopping for gifts on Amazon could not be easier. Check out Business Insider’s Top 35 clever gifts from Amazon that work for everyone on your list: and the best part is … they are all under
Read More →Facebook Continues Eastside Expansion with 325k Square Foot Bellevue Lease
Facebook Continues Eastside Expansion with 325k Square Foot Bellevue Lease
Facebook is continuing to add on to its presence in Bellevue, signing a deal to lease yet another building in the city’s 36-acre Spring District development. The lease will span 325,000 square feet of office space in Block 6 of the Spring District complex, adding on to a 338,000 square-foot lease in Block 16, and
Read More →Seattle Still One of the Best Places for Business and Careers
Seattle Still One of the Best Places for Business and Careers
In Amazon.com’s fiercely competitive search for a second headquarters last year, Seattle—the company’s original home—turned out to be the true victor. The behemoth retailer’s decisions—first to split the promised 50,000-job bounty in two and then, in February, to scrap New York’s Long Island City altogether amid political backlash—left Seattle with the largest concentration of Amazon
Read More →New Condo Sales to Begin in Downtown Bellevue!
New Condo Sales to Begin in Downtown Bellevue!
Sales begin at Avenue West in downtown Bellevue on November 23rd! This is one of the most exciting projects to date on the Eastside with 130 units priced between $649,000 and $1,300,000. Contact Don Weintraub at 425-880-2584 for additional information, or to set an appointment at the gallery. www.liveatavenue.com
Read More →Eastside Market Review – Third Quarter 2018
Eastside Market Review – Third Quarter 2018
It appears that balance is slowly returning to the local housing market. Home price growth on the Eastside slowed in the third quarter. Inventory increased significantly, but is still far short of the four to six months that indicate a normal market. Homes are taking longer to sell, giving buyers the breathing room to make
Read More →Seattle Among Top 30 Tech Markets
Seattle Among Top 30 Tech Markets
According to CBRE’s annual Tech-30 report, Seattle is the sixth fastest growing tech market in overall office rent growths with rent jumping 12.4 percent between Q2 2017 and Q2 2019. In tech employment growth, Seattle lands fourth on the list with a rate of 23.7 percent during 2017 and 2018. Seattle landed at the top
Read More →The Gardner Report – Q3 2019
The Gardner Report – Q3 2019
The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent. ECONOMIC OVERVIEW Washington
Read More →Local Market Update – October 2019
Local Market Update – October 2019
While fall usually brings a decrease in sales activity, the opposite was true in September. The number of listings on the market dropped by double digits and home sales rose. It is still a seller’s market, however prices have stabilized. With interest rates near historic lows and employment levels at historic highs, the housing market
Read More →Expedia Shows off $900M Seattle Waterfront Campus as Thousands Prepare to Move-in
Expedia Shows off $900M Seattle Waterfront Campus as Thousands Prepare to Move-in
In April 2015, Expedia decided to share their ambitious plan of uprooting its headquarters from Bellevue to an iconic waterfront Seattle campus. Four years later, the Seattle campus is finally close to completion. The first set of employees will move into the $900M campus starting October followed by several hundred at a time through next
Read More →Hottest Industries Emerging from PNW
Hottest Industries Emerging from PNW
According to GeekWire, “33 companies have joined the list and nearly a third of them sell business software, building on a strong local enterprise acumen buoyed by Microsoft’s longtime presence and other B2B companies.” While Microsoft has spurred enterprise-related startups, Amazon could do the same. In addition to business software, there are other growing sectors
Read More →Amazon Confirms Lease of New Bellevue Office Tower
Amazon Confirms Lease of New Bellevue Office Tower
Amazon has officially confirmed that the company will be leasing Summit III. This will be a 17-story office tower located at 320 108th Avenue NE in downtown Bellevue. Amazon’s lease will take more than 300,000 square feet of the total office space. According to the Puget Sound Business Journal, “This brings the total number of Amazon
Read More →