IT LIST: January 2021

To my friends, loved ones, and clients,

Hello 2021! I hope your holiday season was filled with good company, love, and laughter. The New Year is here and the time has come to plan for what's ahead. While current events can be deterring or unmotivating, I plan to stay positive, inspired, and grateful and I encourage you to look at the glass half-full! Our perspective is how we choose happiness.

In this month’s IT List, I share listing updates, some year-end trends and predictions for our local market, heartwarming feedback from a past client, and this month's It Pick. If a move is a part of your real estate journey in 2021, let's work together and make it happen. I look forward to serving your endeavors!

Cheers!

Market Trends Around the Sound

When the clock struck midnight on December 31, few were disappointed to see 2020 end. But despite the difficulties endured over the last year, the real estate market remained resilient. It powered forward boasting median home prices that had continued to rise since the initial lockdown last March, more closed home sales than this time last year, and low inventory in nearly all the market areas Realogics Sotheby’s International Realty dives into for its quarterly reporting. Our homes are everything to us—now more than ever. Our office and school, our restaurant and gym—if you’re thinking about entering the market, take a look at our findings and reach out to one of RSIR’s real estate experts for guidance on what your next steps should look like.

116 37th Avenue East
Listed + Sold in One Week
Sold at $2,600,000
3 Beds | 3.5 Baths | 3,859 SF

Introducing Haven House, a sublime, modern home with a big personality! You'll find extensive updates and amenities throughout that include a pneumatic elevator, Henry-built kitchen and powder room, a secret "bar," floating stairs, a two-car tandem garage with electric charger, solar panels, a new weight-bearing roof, an interior vacuum with hide-a-hose feature, a cleverly appointed lower-level kitchen, custom exterior railings, a smart-home alarm system, and more.
Home Price Growth in Seattle Metro Areas Continue to Boom

The latest reports put Seattle in second place for home price growth for the ninth consecutive month, a story that is all too familiar. However, this article takes a look at how Seattle compares to other major metros on the West Coast in terms of the Freddie Mac Home Price Index.

Q&A: Financial Futurist Jason Schenker On The Trajectory Of The Puget Sound Market

What does the future hold for 2021? Jason Schenker, a financial futurist and best-selling author, gave an exclusive interview with CEO of Realogics Sotheby's International Realty, Dean Jones on what to predict for our local real estate market in 2021.

Which Neighborhoods Closed 2020 the Strongest in Seattle Real Estate?

Seattle's market surprised us all in 2020, but which neighborhoods performed the best? While typically the market tends to cooldown as temperatures do, December blew that myth out of the water.

1529 38th Avenue East
Now Pending
Offered at $3,495,000
5 Beds | 4.5 Baths | 5,720 SF

This contemporary home checks all the right boxes! An open floor plan with an incredible indoor-outdoor flow makes this home an entertainer’s dream. Living and dining rooms are open and extend easily into the rest of the main level, which features a media room, exercise room, guest room, and an attached two-car garage that enters directly into the home/mudroom to store coats and shoes. Upstairs includes four bedrooms (with an incredible master suite!), two massive walk-in closets, and a home office.
Pat and Tana Chiarelli

"We were first time homebuyers who had no idea what we were doing. Laura was patient, extremely professional, and went above and beyond to make the homebuying process a seamless one. On top of her local knowledge and expertise of the Seattle housing market, Laura takes the time to actually get to know her clients to ensure they are going after homes that fit them and their families needs. She is a consummate professional and all out wonderful person."
Two TV Series
You Need to Watch
The Undoing & Imposters

I have been OBSSESSED with these two series as of lately. Imposters captures the life of a con artist who is after a life of luxury, and will do just about anything to get it. If you haven't seen The Undoing, it's a must-see. The limited series highlights the life of an esteemed family in New York City and a murder trial that unravels throughout each episode.

Luxury is an experience, not a price point.

RSIR Digital Team