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.

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.

Buyers are repopulating urban areas. After the COVID-era slowdown, there is a surge in demand for resale, new construction condominiums, and waterfront homes. Realogics Sotheby's International Realty (RSIR) executives saw a sharp increase in buyer demand as inventory fell dramatically in the first half of 2021 compared to the previous year.

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

As home prices in the Seattle metro area continue to rise, affordability has become an increasingly elusive goal, as has timed the market for developer incentives and today's historically low, but rising, interest rates. According to The Seattle Times, condominium sales in Seattle increased 121.2 percent year over year, while median prices increased 4.5 percent compared to April 2020.

We look at the extraordinary living on the eastern coast from the shores of Lake Washington to the destinations and communities nestling in the foothills of the Cascade. The landscape is gorgeous, the schools are among the best in the state, and the communities that comprise the bustling Eastside offer unparalleled opportunities for those looking to sell their home or find their next.

Sotheby's International Realty announced the opening of Oman Sotheby's International Realty today, expanding its presence in the Middle East. Oman Sotheby's International Realty is the brand's third affiliated company in the region, indicating the brand's continued growth.

The Fast-Growing Brokerage Spurs the Second Largest Listing Volume by Brand in Northwest MLS; Executives Plan for Closings and Supply to Double in Spring Sales Surge Over Next 60 Days

Sotheby's International Realty Sees 32% of Sales Growth and Achieves $150 Billion in Global Sales Volume as 2020 Changes Definition of the word "Home".

The November Case-Shiller Home Price Index reported that for the tenth consecutive month, the Seattle metro area remained second in the nation in terms of residential price growth year after year after nationwide leader Phoenix. For the fourth month, San Diego remained in third place, outranking Tampa in August for the first time. In all three of these top cities, residential price indices rose year-over-year at rates between 12 and 14 percent. Over the same period, no other West Coast city has seen prices increase by more than 10 percent.

There's a lot to think about with 2020 in the rearview mirror and so much we have to look forward to, as you'll see in the RESIDE® Winter Issue. After such a challenging year, we all learned the value of where we call home is more important than anything—and together with our 375-plus brokers and staff, we have brought more families and their homes together, across all price points and property types than ever before.

As Fast-Growing Brokerage Earns Top Ranking for Luxury Sales and Productivity per Broker in 2020, Gross Sales Production increased 69 percent; Executives Plan Roster & Division Expansions in 2021

There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide.