To our Clients,
Acknowledging that unprecedented times like these create uncertainty and insecurity, we want to share with you our commitments.
Deeds: Most Common Ways to Convey Title in Washington State
SeattlebyDesign is dedicated to successful outcomes, which often starts with educating our clients. Today we’re going to dive into the topic of deeds! Real estate transactions use a variety of deed types to convey title and this blog post identifies the eight most commonly used in WA State. The differences between them are primarily the covenants and warranties conveyed by the grantor—the individual or entity transferring the property—to the grantee, the individual or entity who is receiving it.
Where Next: Insights from our Broker Network
Los Angeles! Ari Wintraub is a top-tier broker and referral partner serving the highly-competitive L.A. market. Based in Brentwood, he serves many of the most prestigious communities in the area such as Beverly Hills, B.H. Post Office, Santa Monica, Venice, and more.
Insights from Our Broker Network
Throughout the years, we have befriended many quality real estate brokers around the country and other parts of the world. In our effort to always provide the best possible service to our clients, we have built professional relationships and friendships with the best of these brokers and touch base on a regular basis to discuss how our individual regions are changing while learning about new services and technologies they’ve implemented. This year, we will share a collection of articles co-written with some of these amazing professionals.
Is it Really Less Expensive to Own than Rent?
Realogics Sotheby’s International Realty and Caliber Home Loans looked at average prices of newer condominiums and compared rents for comparable apartments. They found the total cost of ownership was effectively lower when factoring income tax deductions, not to mention the opportunity for capital appreciation. The research was performed as part of a recent think tank hosted by the Puget Sound Business Journal, which was published as a section called The Manhattanization of Seattle.
Global Realty & Top Rated Washington Winemaker to Open a New Wine Bar & Events Venue
February 24, 2014 (Kirkland, WA) – Representatives of Realogics Sotheby’s International Realty announced today a retail partnership with Woodinville-based DeLille Cellars to open Maison DeLille at 15 Lake Street in downtown Kirkland. The high-profile retail storefront will feature a wine bar and retail wine shop operated by DeLille Cellars while also showcasing art, fine furnishings and residential opportunities represented by the global realty network.
“We are thrilled to partner with DeLille Cellars on Maison DeLille and we’re eager to open our doors later this month,” said Dean Jones,
The 3,200 sq. ft. facility is set to open to the public on March 1, 2014 – precisely four months to the day after The Puget Sound Business Journal first broke the story about the unique retail concept. Designed by Atelier Drome Architects and developed by Adatto Construction, the facility features 17-foot ceilings and a unique building-in-a-building structure with expansive sliding wall panels to create individual spaces for day-to-day corporate use or to open up completely from street to bay for larger events of up to 250 persons on special occasions.Owner of Realogics Sotheby’s International Realty. “Far more than a general real estate brokerage or a wine tasting room, together we’ve conceived the ultimate open house for the connoisseurs of life to experience a convergence of lifestyle brands within a single, beautiful setting.”
“Maison DeLille extends our brand well beyond our Woodinville-basedDeLille Chateau and Carriage House tasting room,” said Greg Lill, President of DeLille Cellars. “Realogics Sotheby’s International Realty is a marketing maverick with a window to the world and a lakeside location, which is highly attractive to us. By combining our resources and databases we’re destined to draw both individual consumers and special events business to downtown Kirkland.”
Lill says his special events business is second only to retail wine sales and venue rentals brings tremendous awareness for his brand and event clientele. He believes the Maison Delille storefront along with the convertible functionality of the brokerage office will be a popular platform for other retailers and artists, broker promotions, corporate events, fundraisers and other philanthropic interests. Jones agrees saying the gallery-like retail experience is more dynamic than a typical brokerage office reception area while activating the retail to brin
“Our Kirkland branch provides a fully functional brokerage operation with all the systems to support our growing real estate enterprise on the Eastside,” adds Jones. “We’ve gone to great efforts to ensure that our retail experience is multi-dimensional and evolving, much like a website home page needs to stay current. Besides, events are a great way to bring individual broker networks together without feeling like you’re in a sales environment.”g attention to his exclusive properties.
Local opinion leaders have been watching the development of what’s being dubbed the “Connoisseurs of Life Showroom” with great interest.
“Realogics Sotheby’s International Realty and DeLille Cellars are a perfect pairing – it’s a very savvy retail concept,” says Maria Royer, Principal of Real Retail – a Seattle-based retail broker that specializes in lifestyle brands. “They will benefit from a prime downtown Kirkland location attracting a likeminded consumer drawn to the beautiful homes, compelling art and fine wines. The showroom is like a lifestyle magazine coming to life while providing a living room of sorts for the community. And given its adjacency to the Kirkland Marina, I think Maison DeLille will also become a popular lifestyle destination for boaters on Lake Washington.”
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Featured as “Home of the Day” on the Puget Sound Business Journal
We are excited to share that our client’s Cape Cod-style home in Burien is featured as the “Home of the Day” on the Puget Sound Business Journal! Help us win “Home of the Week” by voting here.
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Eye Candy: 13 Largest Houses on the Market
Get ready for a little eye candy! Here are the 13 largest houses on the market in the US. From Florida to California and everywhere in-between, these mega homes boast guest houses, private lakes and even an equestrian center. Check them out here: http://curbed.com/archives/2014/01/29/here-now-the-12-largest-houses-on-the-market-in-america.php
Housing Starts Jump 22.7%
Housing starts soared in November, rising 22.7% from October’s revised estimate and 29.6% from last year, government data shows.
The quick surge prompted market analysts to speculate that the report gives the Fed even more momentum to begin tapering its monthly asset purchases.
Privately-owned housing starts reached an annual rate of 1.091 million in November, compared to 889,000 in October and 842,000 last year, the Commerce Department data reveals.
Single-family housing starts alone hit a rate of 727,000 in November – a 20.8% climb from October.
Meanwhile, the November start rate for buildings with five or more units hit 354,000.
Building permits – a forward looking indicator for the construction industry – fell on the other hand. Housing units authorized by building permits edged down to 1.07M in November, a 3.1% drop from October. Still, that figure is 7.9% above year ago levels.
Single-family permits alone rose 2.1%, reaching a November rate of 634,000 units.
Buildings with five or more units reached a permit authorization rate of 346,000 in November.
“Housing regained some momentum over the last three months,” analysts with Econoday noted. “Between recently strong retail sales and housing starts numbers, fourth quarter growth may be moderately strong. Today’s data add to odds that the Fed may taper somewhat with this afternoon’s policy statement.”
Enrico Pozzo, Barry Bergner & The SeattlebyDesign Team
Original Post: https://www.housingwire.com/articles/28338-housing-starts-jump-227#!
