The speed of change in the world at large—and in the real estate sector, specifically—has never moved so fast. In response to this acceleration, we have increased the frequency of the Sotheby’s International Realty Luxury Outlook℠ report by releasing a mid-year update, to establish a true global trendline for premium property.

I am honored to be included in The National Association of Hispanic Real Estate Professionals®, This recognition is a testament to the unwavering support I've received from my clients, colleagues, and family throughout my journey. Danny Varona, Realogics Sotheby’s Intenational Realty | Bainbridge Island

Being recognized by RealTrends, an authority in the industry, reinforces our dedication to providing unparalleled service and upholding the highest standards in real estate. This achievement is a testament to the countless hours of dedication, expertise, and personalized care that we pour into every transaction. Danny Varona, Realogics Sotheby’s Intenational Realty | Bainbridge Island.

“Thanks to my Bainbridge Island Real Estate peers - the camaraderie, professionalism, and dedication have been the pillars of our collective success. Together, the Realogics Sotheby's International Realty community created an environment that fosters excellence, and this achievement is a reflection of our shared commitment to raising the bar in luxury real estate.”

Being recognized by RealTrends, an authority in the industry, reinforces our dedication to providing unparalleled service and upholding the highest standards in real estate. This achievement is a testament to the countless hours of dedication, expertise, and personalized care that we pour into every transaction. Danny Varona, top Real Estate Broker in Seattle.

"It brings me great joy to share that I have been awarded the #2 spot of Top Producing real estate broker for Realogics Sotheby's International Realty's Seattle office. I express my heartfelt appreciation to all my clients for entrusting me with their business, and I am eager to maintain my exceptional level of service in the years ahead."

Buying luxury waterfront real estate is a significant investment, especially here in the Pacific Northwest While price is a crucial consideration, there are other factors that should be taken into account. Here are some essential factors to keep in mind when buying luxury real estate.

Favorable tax laws, a high quality of life, and diversified economies are providing a buffer against economic uncertainty in 2023. Moreover, a lack of housing inventory, persistent supply-chain disruptions, and the increasing cost of materials are helping to maintain home prices, even in markets where sales activity is returning to pre-pandemic levels. This is creating a stable environment for buyers and sellers alike, allowing them to navigate the real estate market confidently.

After the initial quarantine of the pandemic, many analysts commented on the outlier trend of residential housing sales. An examination of the data from the Eastside to Bainbridge Island and other areas by Realogics Sotheby's International Realty one year later shows that the lack of inventory and the flood of purchasers was not an isolated incident.

Sotheby's International Realty is thrilled to announce that at the 2021 Inman Luxury Connect conference, Sotheby's International Realty was selected Top Luxury Brokerage by Inman. This distinguished honor is a monument to the brokerage and real estate professionals that have helped to make Sotheby's International Realty a force in the luxury real estate market.

Reside Realty Ltd. has joined the network and will now be known as Jamaica Sotheby's International Realty, according to Sotheby's International Realty. The move signals the brand's continuous expansion in the Caribbean, and it comes at a time when secondary and resort markets are seeing growing interest.

This month, leaders from Realogics Sotheby's International Realty (RSIR), Sotheby's International Realty® (SIR), and Ste. Michelle Wine Estates (SMWE) gathered at Chateau Ste. Michelle in Woodinville to celebrate partnerships, support, and an incredible team responsible for extending connections across the Sotheby's network and our Puget Sound community.

The real estate market had a great start this year. Low inventory, rising median home sales prices, and short time on the market continued these patterns in the second quarter of 2021, putting sellers in the driver's seat. Each quarter, Realogics Sotheby's International Realty analyses five significant areas to see where the market has been and where the trends are leading us.

Realogics Sotheby's International Realty (RSIR) and famous Washington winemaker Ste. Michelle Wine Estates recently unveiled the Blend by Ste. Michelle, a new showroom and immersive wine tasting experience area. This is the second social gathering venue built by the innovative real estate brokerage on Seattle's fast-growing Eastside in the last year, following the launch of B•Bar, an all-day coffee bar, restaurant, and piano bar that fronts Realogics Sotheby's International Realty's branch office on Old Main Street in Bellevue.

Welcome St. Kitts & Nevis Sotheby’s International Realty! With the inauguration of Sotheby's International Realty in St. Kitts and Nevis, Sotheby's International Realty is increasing its footprint in the Caribbean. The acquisition marks the brand's continuous expansion in the Caribbean, bringing the total number of offices in the region to roughly 30. The announcement comes at a time when the Caribbean market is booming, thanks to rising interest in second homes and investment properties fueled by the ability to work remotely.

These are the days that keep us going in the Pacific Northwest amid the darkest days of January and the persistent drizzle of March: summertime. It's finally that time of year, with the bluest hues across the sky and the shimmering sea of the Puget Sound, Lake Washington, and beyond.
Our real estate market, too, is feeling the heat. Buyers looking to take advantage of record low borrowing rates have descended upon the market, and a scarcity of inventory has favored sellers who are frequently faced with several offers.

Sotheby's International Realty announced that their website, sothebysrealty.com, was selected Best Real Estate Website in the People's Choice Category of the 25th Annual Webby Awards.The Webby Awards, presented by the Worldwide Academy of Digital Arts and Sciences (IADAS), are the main international awards organization honoring achievement on the Internet and have been dubbed the "Internet's highest honor" by The New York Times.

For Tax Day, executives from Realogics Sotheby’s International Realty (RSIR), Caliber Home Loans, and O’Connor Consulting Group released research demonstrating that new tenants who chose to live in brand-new, luxury apartments rather than purchasing a similar condominium had paid more than $50 million in unrecoverable lease payments (or $218,983 individually) over the last decade. Meanwhile, the average renter lost out on an estimated $288,934 in average capital appreciation over the same time period, as well as $9,228 in income tax deductions in 2020.

Realogics Sotheby's International Realty is releasing two reports this year to help buyers and sellers in the Puget Sound real estate market make informed decisions. To begin, the 2021 Exclusive Report examines how Seattle's burgeoning and diverse economy has fueled unprecedented development and population growth, indicating a clear urbanization trend.

In February 2021, after five months of close calls, San Diego's residential prices finally surpassed those of Seattle on the Case-Shiller Home Price Index. Despite this, prices in the Central Puget Sound region rose by more than 15%, and all but two cities on the index (Chicago and Las Vegas) experienced double-digit year-over-year increases