Welcome St. Kitts & Nevis Sotheby’s International Realty! With the inauguration of Sotheby's International Realty in St. Kitts and Nevis, Sotheby's International Realty is increasing its footprint in the Caribbean. The acquisition marks the brand's continuous expansion in the Caribbean, bringing the total number of offices in the region to roughly 30. The announcement comes at a time when the Caribbean market is booming, thanks to rising interest in second homes and investment properties fueled by the ability to work remotely.

S&P Dow Jones issued their April 2021 CoreLogic Case-Shiller Home Price Index as Seattle sweltered under the heat dome in late June. The index revealed historic residential price increases across the board, with just Chicago falling short of a 10% year-over-year increase. Seattle and San Diego, with gains of 20.2 percent and 21.6 percent, respectively, continued to outperform their West Coast counterparts.

The brand continues to have more sales associates than any other real estate company in the rankings year after year, accounting for 20% of the category in 2021. The Annual Report rates the top 1 000 residential property agents and teams in the USA on the basis of their annual sales and transaction volume in 2020. In the REAL Trends individual sales volume category, Sotheby's International Realty claimed 50 of the top 250 sales associates.

Good morning, RSIR Nation! I'm curious to see if history will repeat itself. A century ago, America rolled into one of the most transformative eras of economic growth and lifestyle pursuits with the first world war over, a booming stock market, integration of consumer debt products (leverage) and new innovations. This was the birthplace of many personal liberties, good times and prosperity. A lot of the convenience was brought by the mechanical devices that made life better. American cities flourished.

With 2020 sales volumes rising nearly 70 percent year-over-year to $2.8 billion, Realogics Sotheby’s International Realty congratulates Danny Varona and his team for closing $58,000,000 in luxury residential real estate transactions in 2020. The team ranked #1 top producing team in 2020 within Realogics Sotheby’s International Realty (Kirkland office).

Sotheby's International Realty today announced that, with the opening of Elite Sotheby's International Realty, its presence in Ohio is expanding. The addition marks the continued growth of the brand in the state and its third Ohio affiliated company. Ken Schmidt and Mike Schmidt are the owners of Elite Sotheby's International Realty and will be headed by Managing Broker Joanne Zettl.

As Fast-Growing Brokerage Earns Top Ranking for Luxury Sales and Productivity per Broker in 2020, Gross Sales Production increased 69 percent; Executives Plan Roster & Division Expansions in 2021

The real estate market has largely been a beacon of positivity in an extraordinary year. Every quarter, Realogics Sotheby's International Realty (RSIR) looks at these five market areas to determine where our market has been and plan for where it is going next.

A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market.

Danny Varona (Sotheby’s Seattle) is featured on the Wall Street Journal and Mansion Global for his expertise on waterfront properties in Seattle, WA.

On April 24th, over 15,000 regional subscribers will receive a complimentary copy of RESIDE Magazine in the print edition of The Wall Street Journal. The Digital Edition is also available for all to experience in the comfort of their homes.

Many believe when real estate values are increasing (in cities like Seattle), owning a home becomes less affordable. That misconception is not necessarily true.

Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state. Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State.

The success of the Seattle real estate market, like the overall US housing market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market

Regardless of the lack of inventory on the in the US and local Seattle market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years.

Even though there’s a big buyer demand for homes in today’s low inventory market in Seattle, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale.

There’s more room to entertain a large crowd.

The kitchen is big enough to whip up endless appetizers – yum!

You don’t have to worry about complaints to your landlord when the cheering kicks in!

We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than the end of this year (2020).

If you’re following what’s happening in the current housing market in Seattle, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers.