2014 Housing Summit focuses on the Puget Sound area’s diminishing buildable land supply and threat to region’s housing affordability

MBA Housing Summit 2014

A major threat to housing affordability in the Puget Sound area—the dwindling supply of buildable land—is the focus of the Master Builder Association 2014 Housing Summit next Tuesday, September 23 from 7:30 am to 11:30 am at Meydenbauer Convention Center, 11100 NE 6th St. in Bellevue The free event, “Accommodating Housing Needs with Less Land,” […]

Western Washington housing market stability continues with modest gains in sales, prices

“Stability” seemed to characterize the direction of Western Washington’s housing market during August, according to new figures from Northwest Multiple Listing Service. Both the volume of sales and prices rose slightly from a year ago, although both indicators slipped somewhat from July. MLS members also reported a modest year-over-year increase in inventory, but the number […]

Home Appreciation Slows in 65% of US Housing Markets in July Compared to a Year Ago

Slowing Real Estate Market

Distressed Sales and Short Sales Down to 13.6 Percent of All Sales; U.S. Home Sales Volume Down From Year Ago for Third Straight Month RealtyTrac has released its July 2014 U.S Residential & Foreclosure Sales Report to media under an ‘embargoed’ press release.  Since Bellevue Business Journal does not recognize embargoed news, we are the first on […]

Brazen Sotheby’s Realty Opens Office at Crossroads Mall

BrazenSIR Grand Opening Party

Brazen Sotheby’s International Realty opened the doors of their brand new office at Crossroads Malls last week with a grand opening party. There are now two Brazen Sotheby’s International Realty locations in Bellevue and eight Sotheby’s Realty offices in the state of Washington. “It’s amazing how much the Sotheby’s Realty Brand has grown in Washington since we […]

Vanderhoeks Sell Controlling Interest in Gateway Project on Main Street in Bellevue

The Wolff Company Apartments logo

According to a media release received today, The Vander Hoek Corporation has sold The Wolff Company, a real estate private equity firm, a controlling interest in their Gateway mixed-use development project in downtown Bellevue located at the northwest corner of Bellevue Way and Main Street. The project will be built under a newly formed joint venture. Details of […]

Western Washington Housing Market Still in “Recovery Mode”

A New Day Real Estate Bellevue Washington

This post was first shared at A New Day Real Estate. The real estate market here in Western Washington is still in ‘recovery mode’ according to the most recent press release from our Northwest Multiple Listing Service.  I believe there is a long way to go – the economy still needs A LOT of improvement, […]

11 Questions with Ben Brashen, President & CEO CardTapp

Ben Brashen Cardtapp

Ben Brashen, President & CEO, CardTapp, www.CardTapp.com 1) What is your business background? My father was a successful real estate agent for decades, and he instilled his drive and work ethic in to me at a young age. As far back as I can remember I was an entrepreneur – from lemonade stands to sidewalk baseball card shops, I […]

Pacific Place Purchased by Madison Marquette

Pacific Place Seattle

Pacific Place in downtown Seattle has been purchased by Madison Marquette. This acquisition highlights Madison Marquette’s concentration in targeting infill, retail and mixed-use properties in major coastal gateway markets throughout the United States. The multi-level project is 90% leased, totaling nearly 350,000 square feet and will be managed and leased by Madison Marquette’s Retail Services Group […]

Madison Marquette Retail Services Names Tory Glossip Vice President, Property Management

Tory Glossip Madison Marquette

Madison Marquette Retail Services (MMRS), a national real estate development, leasing and management firm specializing in infill, mixed-use, community and specialty retail properties, announced today Tory Glossip’s appointment as Vice President, Property Management in the Seattle office. In her new role, Ms. Glossip will oversee the company’s Washington portfolio, which includes 1.5 million square feet […]

No Summer Real Estate Slowdown Expected

NWMLS logo

Local home listing activity perked up during June, but strong job growth in the Seattle/King County region has brokers predicting brisk sales with competitive bidding throughout the summer.  As always, if you are thinking about buying or selling a home, call Joe Kennedy of A New Day Real Estate at 425.429.8590. Figures just released by […]