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SeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real EstateSeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real Estate

(206) 790-7874

Pending in North Queen Anne!

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We are proud to share that we are currently pending on our client’s spacious, sunny 1 bedroom, 1 bathroom condominium in Queen Anne! This attractive, low maintenance building is close to the grocery stores and restaurants of the surrounding neighborhood. In-unit laundry with full size washer and dryer, fireplace, deck, walk-in closet, storage. 2 secure parking spaces. Trails nearby. Adjacent to bus routes 13, 29, 31, 32.
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Posted in: Condos, Featured Property Tagged: Condo, Condominium, Featured Property, North Queen Anne, Pending, Queen Anne, realogics sotheby's international realty, seattlebydesign

Market Watch Q3 2016 – Downtown Seattle Condominiums

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The in-city housing market in our Emerald City has a split personality. Buy or rent, the message is the same – it’s going to cost more and more to live here. This fact is reigniting the debate between renting and homeownership and developers are listening.

Downtown Seattle is a very robust rental market, which has welcomed more than 12,500 new construction units since 2011. Despite this massive increase in supply, economist Brian O’Connor says rents have still grown by more than 40-percent over this term due to an imbalance with supply and demand. According to Zumper, Seattle is now in the top ten most expensive rental markets in the nation with a median price of $1,800 per month (half are more, half are less) for one-bedroom apartments. Average rents of newer apartment towers downtown can demand $3.50 to $4.25 per square foot, per month. So a 600 sq. ft. one bedroom could easily cost a renter $2,100 to more than $2,500 per month. That kind of monthly payment could service a healthy mortgage. Recently, Zillow stated that 22-percent of Seattle’s renters can afford to buy. They have the incomes and credit scores to own, so why don’t they?
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Posted in: Condos, Downtown, Market Update Tagged: Condominiums, Downtown Seattle, Homeownership, market, Market Watch, Rent vs. Buy, Rental Market

The Seattle Times Says, “Smart Connections Planned at Downtown Tower”

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A RECENT ARTICLE PUBLISHED BY THE SEATTLE TIMES DESCRIBES THAT “REPRESENTATIVES AT NEXUS SAY THEY ARE ENGINEERING A ‘SMART CONNECTED BUILDING’ AND IN THE PROCESS ADDING A NEW DIMENSION TO URBAN LIVING.”

The commencement of construction on the NEXUS condominium tower in downtown Seattle quickly approaches, and executives of Burrard Group and Sirqul announced a new alignment that will redefine what it means to “live in the cloud.”
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Posted in: Condos, Downtown, New Construction Tagged: Condominium, Condos, dean jones, Development, New Construction, NEXUS, NEXUS Seattle, realogics sotheby's international realty, Seattle Times, seattlebydesign, Sirqul, Sky Club, SLU, south lake union, Tower

Burrard Group Confirms 244 of 374 Condominiums Reserved at NEXUS During Preview Weekend

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Reservations could represent more than $200 million in presales; median home prices rise in downtown Seattle.

The Burrard Group has accepted 244 first-position, unit-specific reservations for priority presales at NEXUS, a new 374-unit high-rise condominium tower located at 1200 Howell Street in downtown Seattle. Project representatives at Realogics Sotheby’s International Realty report that more than 500 prospective homebuyers were processed through the NEXUS Preview Center at 2715 1st Avenue on June 4 and 5th. Several groups camped out overnight to ensure a first place in line while a crowd of approximately 130 were queued up by 11am on June 4th when the reservation event commenced. Prospective homebuyers were offered an individual home for priority presale with a price range for a $5,000 fully-refundable deposit to be held in escrow. Reservations will convert to a Purchase and Sale Agreement during the Fall of 2016, commensurate with the opening of a formal sales center and the ground-breaking of the development. NEXUS is scheduled for occupancy by mid-2019.
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Posted in: Buildings, Condos, Downtown Tagged: Condominiums, New Construction, NEXUS, NEXUS Seattle

The PSBJ Reports on NEXUS: “A New Center of Gravity in Downtown Seattle”

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An article published today by the Puget Sound Business Journal says “a new neighborhood is emerging in the northeast section of downtown Seattle, and by 2020 it will be a new residential core featuring cutting-edge apartment and condominium buildings, a variety of restaurants and retail, as well as places to meet and work. In the heart of this so-called ‘East Village’ neighborhood will stand NEXUS, the first condominium tower to open in the neighborhood, offering buyers the opportunity to own their share of downtown Seattle’s future and a slice of the ever-expanding skyline.”
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Posted in: Condos, Downtown Tagged: BizJournals, Downtown Seattle, New Construction, NEXUS, NEXUS Seattle, PSBJ, Puget Sound Business Journal

Realogics SIR Partners with The Burrard Group on Next Generation Condominium Tower, NEXUS Seattle

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The Burrard Group, a Vancouver, BC–based real estate development firm provided a first glimpse of downtown Seattle’s next generation condominium tower called NEXUS, and plans to offer unit reservations in May 2016, presales in Fall and break ground by late 2016 for first occupancy in 2019. The developer has appointed key members of the development and marketing team and confirms that all units will be offered for sale, citing a point of inflection in the buy vs. rent debate amongst urban dwellers in one of North America’s fastest-growing cities.
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Posted in: Condos, Downtown, Seattle Tagged: Downtown Seattle, Luxury Real Estate, New Construction, NEXUS, NEXUS Seattle, realogics sotheby's international realty, seattle, The Burrard Group

The Daily Journal of Commerce Turns to Realogics Sotheby’s International Realty for Insight on Downtown Seattle Condos

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Dean Jones, President & CEO of Realogics Sotheby’s International Realty offers insight in the latest Real Estate Buzz entitled “Condo demand rising faster than supply,” as the Daily Journal of Commerce says that the rate of demand for condos in downtown Seattle is much higher than available supply.
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Posted in: Condos, General Real Estate Information, Realogics Sotheby's International Realty, Seattle Tagged: Condos, Daily Journal of Commerce, dean jones, DJC, Downtown Seattle, Insignia, LUMA, Market Trends, realogics sotheby's international realty, VIK

Realogics SIR is the Top Selling Office for Downtown Seattle Condominiums since the Great Recession

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Executives of Realogics Sotheby’s International Realty recently announced that half of the top 16 condominium sales in downtown Seattle year-to-date were represented by RSIR brokers while the firm maintains its place as the top selling branch office of urban condominiums since the Great Recession in 2009, according to Trendgraphix research.

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Posted in: Condos Tagged: Condominiums, Condos, dean jones, Emerald City, Great Recession, Luxury Real Estate, Puget Sound Business Journal, realogics sotheby's international realty, seattlebydesign, Sotheby's International Realty, Trendgraphix

Sotheby’s Intl Realty’s Luxury Lifestyle Report

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“We observe China as the soon-to-be largest economy and a wealth engine with a high propensity for its nationals to seek financial safe harbor and education overseas. Asian demographics are the fastest-growing segment in Washington State with the greatest number stemming from China.”

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Other markets covered in the report include The United States, The United Kingdom, and Brazil. View more insights in our Luxury Life report.

Posted in: Belltown, Capitol Hill, Community News, Condos, Downtown, Eastlake, Eastside, General Real Estate Information, Kirkland, Seattle, South Lake Union, Uncategorized, Waterfront Tagged: china, dean jones, Investment, lifestyle, Luxury, market, Real Estate, realogics sotheby's international realty, report, seattle, seattlebydesign, washington

Delille Cellars to Open a Wine Tasting Room in Partnership with Realogics Sotheby’s International Realty in Downtown Kirkland

Following is a press release regarding our new Realogics Sotheby’s International Realty office in Downtown Kirkland of which we are Founding Brokers.  We look forward to better be able to serve our clients East of Lake Washington!

https://www.rsir.com/blog/?p=3741

Posted in: Buildings, Condos, Kirkland, Waterfront Tagged: Condominiums, Kirkland, Real Estate, Real Estate Investments, Waterfront

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