The home building industry has long been known for its slow adoption of new technologies. However, as we move further into the 21st century, technology is no longer something to be feared but embraced. One innovation that builders can no longer afford to ignore is artificial intelligence (AI). With its potential to automate tasks, optimize processes, and improve the customer experience, AI is set to revolutionize the way builders in Bainbridge Island, Seattle, and beyond operate, market, and sell homes.
A Storybook Waterfront Charmer on Point White
Storybook Waterfront Charmer on Point White, where coastal cottage romance meets refined craftsmanship. This stunning south-facing home boasts 53.5’ of fully bulkheaded low-bank waterfront, a private deepwater mooring buoy, and breathtaking views of Rich Passage, highlighted by passing ferries & marine wildlife sightings.
The 2025 Market Report
Insights to Navigate the Year Ahead
The 2025 Market Report, presented by Realogics Sotheby’s International Realty, delivers expert analysis on economic trends, housing forecasts, policy shifts, and market insights shaping the year ahead.
Designed to provide thought-provoking insights, this report empowers buyers, sellers, and investors to make confident, informed decisions in today’s evolving real estate landscape.
February Real Estate Trends: Market Insights & Opportunities for Buyers and Sellers
Seattle-area First-Time Homebuyers Face Ongoing Challenges in 2025
As we move through 2025, first-time homebuyers in the Seattle area may not see much relief in the housing market. The region, known for its high home prices, continues to be one of the least affordable in the country, and this trend is expected to persist throughout the year.
Setting Real Estate Goals for 2025: A Guide for Buyers and Sellers
The start of a new year is an ideal time to set goals and envision the opportunities ahead. For those considering buying or selling a home, 2025 presents unique possibilities in the Bainbridge Island real estate market. Whether you’re looking to purchase your dream home, invest in a new property, or sell your current residence, having clear and actionable goals can make all the difference. Here’s how to set real estate goals for the year with confidence and clarity.
Exploring Rockaway Beach on Bainbridge Island
On the idyllic forested shores of Bainbridge Island is the desirable neighborhood of Rockaway Beach. Located on the southeast portion of the island, residents enjoy seamless access to downtown Seattle just a ferry ride across Elliott Bay. The career opportunities, in-city amenities, and lively entertainment of the city are never far away, while the slower-paced island lifestyle creates a peaceful day-to-day surrounded by nature and enriched by small-town ambiance.
A Stunning Estate in a Remarkable Setting
Top 5 Bainbridge Island Events for a Festive Fall
There is a certain kind of magic in the air on Bainbridge Island during the autumn months. From the stunning foliage to the seasonal produce to community events, it’s the perfect transition from an action-packed summer into cozy harvest season. Take advantage of the last string of sunny days and make this a month to remember with our curated list of the top October events to keep you and your loved ones entertained this month.
How to Avoid Today’s Top Sellers’ Mistakes
Mortgage Rates Are Down | Is Now the Time to Make Your Move?
Buyers, we are happy to report some good news on the mortgage rate front: at 6.74%, rates are the lowest they have been in over a year. If you’ve been putting your homebuying plans on hold in the hopes that high rates would come down, your patience has paid off, and now would be a great time to jump into the market and make your move.
What’s Happening With Home Prices?
The market is seeing price growth, which is good news for sellers, but that does mean that buyers will need to be aware that if they continue to wait to make their purchase, they could be looking at higher listing prices in the future.
What’s New With Bainbridge Island’s Market?
Currently, on Bainbridge Island, we’re seeing an over 27% year-over-year increase in the average sales price. Of course, negotiation tactics and making a strong offer have a big impact on sales price. It’s still a seller’s market on the island with 1.8 months of supply. However, if buyers are encouraged by the lower rates to make their purchases and sellers remain hesitant to list their homes, we might see even less supply in the coming months.
How Should You Approach Your Real Estate Goals?
Although it’s tempting to time the market by reading predictions about rates and looking ahead to what a post-election market might look like, the best way to achieve your buying or selling goals is to do so when you’re ready. Understanding the market, having a clear picture of your budget and financials, and enlisting the help of an experienced broker will allow you to find success, regardless of market conditions.
If you’re interested in diving into more market data or want to discuss your buying or selling plans, please reach out to us today.
Do Presidential Elections Really Affect the Market?
It’s not uncommon for both buyers and sellers to attempt to strategically time the market. People will often put their real estate plans on hold until market trends suit their needs or until they believe conditions are most optimal. This isn’t always possible, and while certain data, like inventory levels, tells us when a market is considered a “buyer’s market” or a “seller’s market,” the best time to make your real estate move is whenever you’re personally ready. That being said, many market watchers are curious as to how the upcoming presidential election will affect the market, so let’s consider some changes we may see in the upcoming months, courtesy of Keeping Matters Current.
The Best Waterfront Communities in the Seattle Area
The Best Waterfront Communities in the Seattle Area
Living near the water is a dream for many, offering serene views, recreational activities, and a unique lifestyle. Seattle and its surrounding areas boast some of the most sought-after waterfront communities, each with its own distinct charm. From tranquil island retreats to vibrant suburban enclaves, these neighborhoods offer something for everyone. In this blog, we'll explore the best waterfront communities in the Seattle area, including Bainbridge Island, Medina, Mercer Island, Kirkland, and West Seattle.
7 Expert Negotiation Strategies for Real Estate Success
7 Expert Negotiation Strategies for Real Estate Success
You’ve identified all your major needs and wants in a home, diligently searched within your budget, and found the right property for your lifestyle. However, the hurdle of negotiations still looms, so read on for our top seven strategies for how to ensure success.
Neighborhood Spotlight: Exploring Poulsbo, Washington
Neighborhood Spotlight: Exploring Poulsbo, Washington
Sited along idyllic Liberty Bay in the Kitsap Peninsula in Kitsap County, Poulsbo offers scenic beauty, small-town charm, and plentiful waterfront recreation opportunities to both residents and visitors alike. With a small population of approximately 12,000 (as of the most recent census data), Poulsbo, or “Viking City,” was founded in the 1880s by a Norwegian immigrant who was drawn to a landscape he considered similar to his Scandinavian home. The land was once inhabited by the Suquamish People.
Bainbridge Island Waterfront Market Report
Bainbridge Island Waterfront Market Report
Matt Paige and Danny Varona of the Paige & Co. real estate team at Realogics Sotheby’s International Realty proudly present this in-depth exploration of the waterfront real estate market on Bainbridge Island. Read on to discover the trends that are likely to shape the waterfront market on the island in 2024.
Realogics Sotheby’s International Realty’s 2024 Forecast Report
Realogics Sotheby’s International Realty’s 2024 Forecast Report
Realogics Sotheby’s International Realty is pleased to present you with our 2024 Forecast Report. In this report, you’ll find curated pieces on our local housing markets, year-over-year comparisons, retrospective reviews, and more all provided by some of the most knowledgeable thought leaders in the region. As mortgage rates decline and the desirability of the region endures, beckoning people worldwide with job opportunities and beautiful natural scenery, demand to own remains high and activity is projected to return. The experts featured in the 2024 report have provided their data-backed predictions on what we can expect in the upcoming year.
Exploring Washington State’s Stunning Mountain Ranges
Exploring Washington State’s Stunning Mountain Ranges
For the outdoor enthusiast, there is no better place than Washington State to explore, adventure, and make memories. With mossy rainforests, crystal clear lakes, and towering pines, you could live in the state for your entire life and still be surprised by the natural beauty. As people travel from all over the country and world to catch a glimpse of the iconic landscapes, one prominent feature seems to pull the most visitors and inspire the most photographs: the mountain ranges. In this blog, we’re going to break down Washington’s two most iconic mountain ranges and the best ways to fully enjoy their majestic peaks. Who knows—it may just inspire you to pack up and move closer to one of these beautiful ranges.
Decoding the Appraisal Process: A Guide for Buyers and Sellers
Decoding the Appraisal Process: A Guide for Buyers and Sellers
When you’re searching for a home or selling one, you likely have many questions about what homes in the area are valued at, how this is determined, and how this affects you as you embark on your home-buying or selling journey. We’re breaking down the basics so that you have a better idea of how the appraisal process works and what it means for you as a participant in the market.
Top Tips for Relocating to Bainbridge Island
Top Tips for Relocating to Bainbridge Island
Bainbridge Island is a Pacific Northwest paradise, with waterfront recreation, lush forests, and a small-town atmosphere, the island draws visitors from all over the world to its scenic shores. It’s no surprise that folks dream of owning a home on the island.
The Ultimate Guide to Staging Your Home for a Quick Sale
The Ultimate Guide to Staging Your Home for a Quick Sale
As you prepare to list your home for sale, one of the most important thoughts to keep front of mind is how your home will immediately appear to a potential buyer touring it or viewing photos of it through marketing materials. Regardless of location, square footage, or access to nearby amenities, the way your home simply looks has a powerful impact on buyers. Staging, which is the process of arranging furniture and décor (among other techniques), allows you to transport buyers to an imagined future in the home, helping them to envision their life in the property by providing a stylish, intentional design within it that highlights its best features and distracts from any of its less desirable traits. Continue reading for our guide on how to strategically stage your home to maximize its appeal so that it sells quicker and for the best possible price.