What Two Amazon HQ2 Locations Means for Seattle

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What Two Amazon HQ2 Locations Means for Seattle

Following fourteen long months of speculation, Amazon finally announced its HQ2 destinations in early November, giving the spoils to Long Island City (a section of Queens in New York) and Crystal City (a Virginia town just outside of Washington D.C.). Amazon publicly announced their search for an HQ2 location back in September 2017, which was quickly followed by the clamor of cities vying for the e-commerce giant’s attention. After narrowing down to a list of twenty cities earlier this year, many were surprised when the rumor of two HQ2’s began to swirl and was finally confirmed by Amazon.

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Catherine Ferrera's November Newsletter

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Catherine Ferrera's November Newsletter

 

 
 
 
Although it’s the holidays, many parents and senior high school students will be working on college applications. Check out how our beloved UW stands in the rankings.

Check Out The Rankings >
 
 
 
 
We love to shop local and support small businesses in the Kirkland area. Check out this article detailing the history of Small Business Saturday in Kirkland.

Read the Article >
 
 
 
 
After running a year-long competition that drew interest from hundreds of cities and a number of states, Amazon has reportedly chosen New York City and Northern Virginia to split duty as its second headquarters.

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1. 5634 S Leo St #A & B, Seattle | Offered at $625,000
2. 375 Kirkland Ave #316, Kirkland  |  Offered at $949,000

Explore Active Properties >
 
 
 
 
An ambitious plan from a Seattle-area real estate developer to build and operate a network of high-tech water taxis, ferrying passengers between its Southport megaproject in Renton, Wash., and the region’s top tech hubs, is getting closer to reality.

Check It Out >
 
 
 
 
Urban Arrival: SPIRE condominiums debuts with opening of preview center; unit reservations now accepted for priority presales.

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1. 12908 103rd Place NE, Kirkland | Pending at $599,000 | Represented Seller
2. 7316 21st Ave NE, Seattle | Pending at $1,520,000 | Represented Buyer

 
 
 
 
The holidays are meant to be a time to enjoy precious moments spent with family and friends, but all too often we find ourselves rushing to decorate our homes perfectly. The good news is a few garlands of evergreens, a colorful wreath in the window, or an arrangement of simple votives flickering on the mantel can create an abundance of cheer. Here are some quick and easy ways to make your home festive. 

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Check out the article below for twenty eight holiday cocktail recipes that are sure to instill a festive spirit in friends and family alike. 

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Housing Market Numbers for the Third Quarter of 2018

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Housing Market Numbers for the Third Quarter of 2018

The housing market numbers are in for the third quarter of 2018 (the months of July, August and September) and Realogics Sotheby’s International Realty has analyzed the data. After seemingly endless months of the same headlines touting historically low inventory and rapidly appreciating home price values, the story has changed in the Puget Sound region as inventory growth and a slowdown in activity has given buyers a sigh of relief. Below we’ve outlined how this impacted the market in Q3-2018 on the Eastside.

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Catherine Ferrera's October Newsletter

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Catherine Ferrera's October Newsletter

 

 
 
 
The Pulse October 2018 details the latest in real estate, art, design, and more. This month features the most scenic drives in Washington, the best restaurants for fall, and tips for upcoming renovation projects.

Check Out The Pulse >
 
 
 
 
I have so many friends like myself that have children in their 20's. I shared this with my kids and wanted to share with you all as well.

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Average home prices in the Seattle area have skyrocketed by nearly 100 percent in the six-year period after the post-recession housing market hit bottom in 2012, says a new report.

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10628 NE 46th St, Kirkland  |  Offered at $1,498,000

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Buyers and sellers in the Seattle area are feeling the triumph and pain of a cooling real estate market in Western Washington.

Check It Out >
 
 
 
 
Do you love spending time in Walla Walla? Be sure to visit the Eritage Resort which opened earlier this summer! Features includes a restaurant menu created by James Beard Award-winning chef Jason Wilson featuring locally grown ingredients sourced from family farmers and ranchers.

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1. 701 17th Avenue W, Kirkland | Sold for $1,925,000 
2. 10104 NE 60th Street. #120, Kirkland | Sold for $721,000
3. 
1819 S 116th Street #307, Burien | Sold for $231,000
   

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There is a beautiful pedestrian bridge above the Museum of Glass in Tacoma, Washington, covered in colorful glass works by Dale Chihuly, a world-renowned glass sculptor and Tacoma native.

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Fall = guests, family and get-togethers. Get your front porch ready for fall festivities with a pair of planters surrounded by an abundance of mums and real or faux pumpkins and gourds. Mix in a few lanterns to add a welcoming glow to evening gatherings!

Read More >
 

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Seattle Housing Market Still Steady

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Seattle Housing Market Still Steady

After 21 months at the top of the S&P CoreLogic Case Schiller Index for highest residential price increases, Seattle is now taking second place to Las Vegas. In the last twelve months Las Vegas, Nevada has had a 13 percent increase and Seattle became runner up at 12.81 percent. Keep in mind, Las Vegas was one of the hardest hit cities after the 2008 housing crisis and subsequent recession.

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Catherine Ferrera's August Newsletter

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Catherine Ferrera's August Newsletter

Catherine Ferrera's August Newsletter
 
The diverse events, happenings and experiences in the Puget Sound are unlike any other.
Discover what your city has to offer for the month of September!


Explore >
 
 
The main cause of Seattle’s urban evolution is, first and foremost, that people want to live here. Realogics Sotheby's International Realty has been on the forefront of these trends for several development cycles and is a playing a significant role in the current evolution of downtown Seattle and downtown Bellevue. 

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1. 10104 NE 60th St. #120, Kirkland  |  Offered at $699,950  
2. 10628 NE 46th St, Kirkland  |  Offered at $1,498,000


Explore Active Properties >
 
 
From providing recreation to reducing stress hormones, water is a mood booster: research shows that people need just as much blue space as they do green for peak psychological health. Lakes, rivers, bays, and oceans can all offer respite and a place to cut loose for anyone needing a bit of a breather. Whether your pastime is water sports or beach lounging, these are just a few of the perks that make the coastal lifestyle worth pursuing.


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There are so many things to see and do in Seattle, but sometimes you just need to get away. It's a good thing there are so many great small towns and getaways nestled within driving distance of the city. It makes planning a day trip, simple overnight, or weekend away pretty simple, with no need to book a plane ticket.

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1. 13009 87th Place NE, Kirkland | Sold for $700,000 | Represented the Buyer                          2. 709 Summit Lake Shore Rd. NW, Olympia | Sold for $745,000 | Represented the Buyer

Explore Sold Properties >

 
 
Seattle’s 21-month run as the nation’s hottest housing market is over. Las Vegas topped the Case Shiller U.S. National Home Price Index this month, with prices rising 13 percent over a year ago. Seattle has not fallen completely off the map, however, coming in second with annual price growth of 12.8 percent, followed by San Francisco at 10.7 percent. 

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Fall is here! Along with enjoying all the amazing treats the season brings, it is also important to consider what one should do in terms of home maintenance to make sure your house is as ready for Autumn as you are!

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Catherine Ferrera's August Newsletter
Catherine Ferrera & Associates
Realogics Sotheby's International Realty
15 Lake Street
Kirkland, WA 98110

 206-579-1077
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Catherine Ferrera's July Newsletter

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Catherine Ferrera's July Newsletter

 
Seafair Weekend is fast approaching, offering the best sights, sounds, and tastes of the summer including a fabulous show featuring the Blue Angels, H1 Hydroplane races on Lake Washington, and world-class wakeboarding!

Explore Events >
 
 
 
The housing market numbers are in for the second quarter of 2018 and Realogics Sotheby's International Realty has analyzed the data. Here are a few quick facts about how the Seattle-Metro area fared. Home prices on the Eastside, as well as in Seattle, have continued their upward climb, hitting 20 consecutive months on the rise. This quarter did bring some interesting trends, however. 

Explore the Report >
 
 
1. 707 19th Lane W, Kirkland  |  Sold for $1,525,000  |  Represented the Seller
2. 13325 88th Place NE, Kirkland  |  Sold for $1,090,000  |  Represented the Seller
3. 11128 NE 106th Place, Kirkland  |  Sold for $1,300,000  |  Represented the Buyer
4. 5315 8th Avenue NE, Seattle  |  Sold for $975,000  |  Represented the Buyer
5. 8852 11th Avenue SW, Seattle  |  Sold for $327,000  |  Represented the Buyer
6. 3710 101st Way NE, #506, Kirkland  |  Sold Off-Market

Explore Sold Properties >
 
 

No surprises here! According to a recent study by Livability.com, Kirkland is one of the ten BEST cities in the U.S. for those in the science, technology, engineering, and mathematics fields. Kirkland boasts 9,600 STEM-related jobs, making up 27.7% of the total workforce.

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Dining al fresco is a quintessential Seattle experience in the summer. Seattle Mag has put together a list of the best new(ish) patios in the city including Ascend in Bellevue and The 100 Pound Clam on Lake Union. 

Read More >

 
 
Sotheby’s International Realty® announced that the brand claimed 40 of the top 250 sales associates in the Individual Sales Volume category of the 2018 REAL Trends/The Wall Street Journal “The Thousand.” In addition, 12 teams associated with the Sotheby’s International Realty brand were recognized as being among the top 250 teams in the nation by sales volume. The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2017 annual sales volume and transaction sides.

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Excellent design is in the details. Elle Decor has consulted with the top designers and has made a collection of best ideas for every room of the house! 

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Did you know that wire fraud in real estate is one of the fastest-growing cybercrimes in the country? According to a recent Forbes article, "The FBI reportedly received 301,580 complaints in 2017 and losses exceeded $1.4 billion, and in the real estate/rental sector alone, more than 9,600 victims lost over $56 million in the same year."

Read More >
 

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Housing Market Numbers for the Second Quarter of 2018

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Housing Market Numbers for the Second Quarter of 2018

The housing market numbers are in for the second quarter of 2018 (the months of April, May, and June) and Realogics Sotheby's International Realty have analyzed the data. Here are a few quick facts about how the Seattle-Metro area fared. Home prices on the Eastside, as well as in Seattle, have continued their upward climb, hitting 20 consecutive months on the rise. This quarter did bring some interesting trends, however. 

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Catherine Ferrera's June Newsletter

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Catherine Ferrera's June Newsletter

 
The diverse events, happenings, and experiences in the Puget Sound are unlike any other.
From the Summer Solstice Wine Walk in downtown Kirkland to Mimosas Morning Paint & Sip at Canvas studio, see what's going on in your neighborhood this month. In addition, it's never too early to plan 4th of July fireworks! Read on to see where and when to catch the big shows around the Puget Sound: Bellevue - Downtown Park 10:05 p.m. | Des Moines - Marina 10:20 p.m. | Edmonds - Civic Stadium 10 p.m. | Everett - Port Gardner Bay 10:20 p.m. | Federal Way - Celebration Park 10:15 p.m. | Kent - Lake Meridian Park 10 p.m. | Kirkland - Marina Park 10:15 p.m. | Newcastle - Lake Boren Park 10 p.m. | Renton - Coulon Park 10 p.m. | Seattle - Lake Union 10:20 p.m. | Tacoma - Ruston Way 10:10 p.m.

Explore Events >
 
 
 
707 19th Lane W, Kirkland  West of Market magnificent one level retreat! Fabulous features include hardwoods throughout, remodeled gourmet kitchen with built-ins, 2 gas fireplaces, A/C, and exposed beam ceilings - all within a spacious, open floor plan. Effective year built 2002 with updates in 2018. Large master suite with French doors to a courtyard. Nestled on a large, beautifully landscaped lot, perfect for entertaining. Offered at $1,498,000.

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Exciting news! Oprah Winfrey recently purchased a 7,303 square foot waterfront estate on 40+ acres in the San Juan Islands. If you are visiting Orcas Island, keep an eye out and you may experience the ultimate celebrity sighting!

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20341 134th Avenue NE, Woodinville  Stylish and inviting 3,200+ square foot, 4 bedroom, 3.5 bath in Woodinville’s tranquil Woodbury community. Spacious, open floor plan. Gourmet kitchen with stainless steel appliances, walk-in pantry, hardwood floors, and granite countertops. Custom millwork throughout. Luxurious Master Suite with 5 piece bath, fireplace, walk-in closet, and sitting area. Offered at $850,000.

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Mortgage rates have hit their highest point in seven years and home prices are continually on the rise. In fact, nationally, they have jumped 6.5% since mid-2017. Given this decreasing affordability, what is keeping home buyers in the game?

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Are you hosting a summer soirée this season? If so, get inspiration from some of the wedding industry's elite on how to set up an elegant tablescape that is guaranteed to impress.    

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There are so many rosé varietals out there that it can be difficult to narrow in on the best options for summer. Luckily for us, 425 Magazine has put together an excellent list of favorite Washington-made bottles to get us in the spirit! 

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It can be difficult to navigate the Seattle area home buying market. The Seattle Times found that, "the average buyer will tour dozens of houses, lose to higher bids about three to five times, and pursue a house for six months to a year before finally getting a home." If you are thinking about buying a home this year, we recommend reading through this informative infographic that brings you through every step of the process. 

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Seattle-Area Home Prices and Inventory Update

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Seattle-Area Home Prices and Inventory Update

Despite an increase in inventory in May, single-family home prices have reached new highs. The Seattle Times reports, "The median price of a single-family home in King County was $726,275 in May, surpassing the record high of $725,000 set in April and up 15 percent compared to the previous year." In Seattle, the median home price is up 14 percent from a year ago and set a new record for hitting $830,000 in May. The Eastside was also setting records, with prices increasing 10 percent year-over-year from $950,000 to $960,000 in May. 

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When is The Best Time to Buy Your First Home?

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When is The Best Time to Buy Your First Home?

Purchasing your first home is one of the biggest milestones in a person's life; and whether you're fresh out of college and have hit the ground running at your first well-paying job; or if you've waited and saved and watched the market for years and finally feel ready to take the plunge, we celebrate your decision! However, we also want to make sure you understand the ropes and encourage you to check this list of indicators to see if you're really ready.

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Catherine Ferrera's May Newsletter

 
The diverse events, happenings, and experiences in the Puget Sound are unlike any other.
From the Mother's Day Half Marathon in Kirkland to the 25-day Seattle International Film Festival, see what's going on in your neighborhood this month. 

Explore Events >
 
 
 
1502 Taylor Avenue N, Seattle  Welcome home to this charming home with views of Lake Union, the city, Space Needle, and the Cascade Mountains. Centrally located with easy access to I-5, 99 and walkable to restaurants, cafes and South Lake Union. Great entertainment home, with Trex view decks and a 2-car garage. Offered at $998,000.

Explore Property >
 
 
Now halfway into its second year, Seattle’s nationwide lead on the S&P CoreLogic Case-Shiller Home Price Index is once again widening on a monthly basis. Gains that seemed to be slipping away last summer have rebounded, with February’s monthly increase exceeding that of January by 1.74% to 0.72%, for a 12-month average gain of one percent per month.

Read More >
 
 

The Sotheby’s International Realty® brand has introduced the revolutionary augmented reality (AR) app Curate by Sotheby’s International Realty. Read on below to see the ways the app will benefit homebuyers, sellers, and real estate agents.

Read More >

 
 

1) 7341 125th Place SE, Newcastle  This spectacularly maintained 4 bedroom home, located in the desirable Newport Woods neighborhood, sold for $160,000+ over the asking price! We are thrilled for our clients. Sold for $736,000


2) 440 11th Avenue W, Kirkland
  Remodeled in 2017, this custom-built home offers 4,462 square feet of elegant living spaces with gorgeous millwork, thoughtful appointments, and innovative design throughout. Sold for $3,210,000.


3) 225 19th Place, Kirkland
  A well-maintained, 5 bedroom, 2.5 bathroom,  East of Market home on a cul-de-sac. Enjoy watching sunsets from the large covered porch. Peek-a-boo views of Lake Washington and the Olympics. Sold for $1,200,000.

 
 
If you are looking to invest resources in landscaping this year, you don't need to hire an expensive crew to get it done. Chris and Peyton Lambton from HGTV's "Going Yard" share their secrets to effortlessly maintain a yard.  

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Almost all of the new construction being built in Seattle has been concentrated in a few areas of the city where "dense housing like apartments" are allowed. The remaining neighborhoods mainly consist of expensive single-family homes.

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Seattle is one of the top 10 major cities in the country when it comes to recycling, however, we still have a long way to go. Did you know that each day, 15 tons of materials put in recycling bins is rejected by the sorting plant? Just because you recycle something doesn't mean it will be recycled. 

Read More >
 

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2017 Market Report: Eastside Review

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2017 Market Report: Eastside Review

The year 2017 brought many interesting milestones for our brokerage, Realogics Sotheby's International Realty; and the real estate market over the past year surely kept us on our toes! Newly published, the 2017/2018 Market Report: Year Review & Trends to Watch delves deep into market statistics in the surrounding Western Washington area, including the counties of San Juan, Island, Kitsap, Jefferson, Pierce, King, Snohomish, and Skagit. 

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Features That May Boost Your Home's Value

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Features That May Boost Your Home's Value

Spring is officially here and for many that means getting homes spruced up with a little spring cleaning; and for others, it means it's time to get some work done on their homes to get ready sell. This can be a touchy subject as many people believe that making changes to their home before selling is a waste of money or a frivolous thing to do before selling to someone who may not even appreciate their hard work. There have been a few articles we've come across lately explaining which home features have the best resale value and look more desirable for buyers.

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Catherine Ferrera's April Newsletter

 
The diverse events, happenings, and experiences in the Puget Sound are unlike any other.
From the Kirkland Wine Walk on April 20th to 425 Magazine's Women to Watch event at Meydenbauer Center, see what's going on in your neighborhood this month. 

Explore Events >
 
 
 
1502 Taylor Avenue N, Seattle  Welcome home to this charming home with views of Lake Union, the city, Space Needle, and the Cascade Mountains. Centrally located with easy access to I-5, 99 and walkable to restaurants, cafes and South Lake Union. Great entertainment home, with Trex view decks and a 2-car garage. Offered at $998,000.

Explore Property >
 
 
As Seattle's median home price tops $690,000, it is no surprise that many people are starting to look at options outside of the city. After all, a little extra commute is an easy trade for a more reasonably priced place to live. Check out Seattle Magazine's list of Seattle suburbs with the most affordable homes.

Read More >
 
 

This month, I highly suggest checking out Woodinville's new restaurant, Heritage. The chef-owner, Breanna Beike, is a client of mine who recently moved from Seattle to Woodinville. I had the opportunity to work with her and her husband on the purchase of their home and she is now opening the restaurant of her dreams. Read more about her journey in the 425 Magazine article linked below.

Congratulations, Breanna - I can’t wait to be one of your first customers!

Read More >

 
 

1) 7341 125th Place SE, Newcastle  PENDING IN 3 DAYS! This spectacularly maintained 4 bedroom home is located in the desirable Newport Woods neighborhood, minutes from schools, shopping, parks, and freeway access. Offered at $574,995.  Explore Property >


2) 440 11th Avenue W, Kirkland
  Remodeled in 2017, this custom-built home offers 4,462 square feet of elegant living spaces with gorgeous millwork, thoughtful appointments, and innovative design throughout. This luxury home features 4 bedrooms/ 4.25 baths inclusive of a detached ADU. Offered at $3,350,000.  
Explore Property >


3) 225 19th Place, Kirkland
  Well maintained, 5 bedroom, 2.5 bathroom,  East of Market home on a cul-de-sac. Enjoy watching sunsets from the large covered porch. Peek-a-boo views of Lake Washington and the Olympics. Functional floor plan with living and dining room. Offered at $1,188,000.  
Explore Property >

 
 
Mortgage rates have risen nearly half a percentage point since September 2017. While this matters, these rates should not be the only variable that goes into your decision to buy a home. Learn more about how rising rates affect your monthly payment and if experts think that these higher rates are the "new normal."

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In both Seattle and on the Eastside, home-sales data from February broke records once again as Seattle's median single-family-home price hit $777,000, while the median cost of a house on the Eastside reached $950,000.

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Sotheby’s International Realty Affiliates LLC recently reported that in 2017 its affiliated brokers and sales professionals achieved approximately $108 billion USD in global sales volume, the highest annual sales volume performance in the history of the brand.

Read More >
 

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Tips for Buying in a Tight Housing Market

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Tips for Buying in a Tight Housing Market

The news continues to confirm that Seattle is the hottest market in the nation. Seattle ended the calendar year in 2017 at a year-over-year 12.7 percent increase in home prices. Meanwhile, housing inventory remains extremely low. “The Seattle metropolitan area, which includes Tacoma, Bellevue, and Everett, ended [2017] with 20.1 percent fewer homes on the market than in December 2016,” states Seattle Curbed. So, how can you possibly expect to buy a home in this market? We have a few tips, pulled from a recent Forbes article, to help you get a leg up.

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West of Market Real Estate

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West of Market Real Estate

We are so enamored with our newest listing we just wanted to share just a few of the unique things that make this home so special. Remodeled in 2017, this custom-built home offers 4,462 square feet of elegant living spaces with gorgeous millwork, thoughtful details, and innovative design throughout. 

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Market Trends from Around the Sound

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Market Trends from Around the Sound

I am proud to present a look at the housing market trends for the fourth quarter of 2017, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.

Seattle  |  Single Family Homes

Seattle home prices continued to reach far beyond seller’s expectations in Q4-2017, as the median sales price increased 16.7% year-over-year to %882,000. View report here

Eastside  |  Residential

Q4-2017 posted impressive gains on the Eastside, as the average sales price increased 11% compared to last year and the days on market plummeted to 26 days. View report here.

Bainbridge Island  |  Residential

Bainbridge Island continues to attract buyers, as the number of homes sold was up slightly compared to Q4-2016 despite a sharp 32.9% decrease in inventory. View report here

Seattle  |  Condominiums

The average sales prices for condominiums in Seattle as a whole increased by 11.6% compared to the third quarter of 2016, while the value of condos in the downtown core continues to skyrocket. View report here

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Catherine Ferrera's January Rezora

 
The diverse events, happenings and experiences in the Puget Sound are unlike any other.
From Friday Night Jazz at Cypress Lounge & Wine Bar in Bellevue to the Seattle Boat Show, discover what your city has to offer.

Explore Events >
 
 
1. 1715 SW Trenton Street, Seattle  This charming remodeled 3 bedroom, 2 bath home includes a new roof, Hardiplank siding and double pane windows. Sold for $550,000.
 
2. 15008 93rd Place NE, Bothell  Special home in desirable Amber Ridge with a private, spacious, backyard overlooking an expansive greenbelt, fully fenced. Sold for $785,000.
 
 
5003 E Pickering Place, Shelton  Impressive 4.3 acre waterfront estate on South Puget Sound! Two homes, surrounded by water, private tidelands and serenity. Gated property to main home with 4 bedrooms, 4 baths, offices, elevator, 5 stone fireplaces, chef's kitchen, custom hardwood & stone masonry throughout. Immaculate landscape including stone patios, covered decks & gardens. Offered at $2,100,000.

Explore Property >
 
 
The city of Bellevue held the global spotlight recently, as a Mansion Global feature heralded the area as a “haven for outdoor enthusiasts, [and] tech employees” with its “waterfront access, leafy neighborhoods and cosmopolitan restaurants and boutiques,” and ever-growing tech sector jobs. Bellevue has certainly seen its fair share of growth in recent years, as it is now home to approximately 150,000 people and 1,300 businesses with 45,000 employees who revel in PNW recreational opportunities that complement its urban edge.

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As one of the leading companies in tech news, GeekWire has been tracking the number of out-of-town tech companies that have opened engineering centers in the Seattle area for the past few years, and as they recently reported, “the list has doubled in size.” The addition of Baidu’s new Bellevue office brought their list to over 100.

Read More >
 
 
Selling a home can be an emotional experience. From the initial excitement of putting your home on the market to sadness when it's time to walk away from a house full of memories, explore the entire emotional road map you will probably experience when you sell.

View the Infographic >
 
 
If you are considering downsizing to a smaller home, the Seattle Times has put together an excellent list of tips to help make the transition as easy as possible.

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LexSet is aiming to revolutionize the way consumers design for their homes. According to a recent Forbes article, "LexSight will enable spatial searches using images you take with your mobile camera that will provide material and product suggestions based on items you have in your home. Let’s say you want to find the perfect sofa  to go with your new rug: the program will use AR to show you how it looks in your actual space." Sounds exciting! 

Read More >
 

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