Downsizing: How To Do It Right You can use the equity for re-investing or purchases There comes a time when you have to re-evaluate your lifestyle. This can be for many reasons, but for most, the primary reason a downsize occurs is need-related. Americans tend to overpay for things and services. At a certain age, those things stop being important, and lifestyle and health become pivotal factors, especially in the Seattle Market. When people think about downsizing to condo living,
Cooking Class Event – To Benefit The Mercer Island Women’s Club Group Of Charities Meeting new people, cooking together and doing it for a good cause is a recipe for a great time! We recently participated in a cooking class to benefit the Mercer Island Women’s Club group of charities, where Eric had everyone making fresh ricotta cheese filled Ravioli, homemade tomato sauce, pear and walnut salad with imported olive oil and aged balsamic vinegar, homemade pizza bread, and finally
Mid-Century Lifestyle: PNW Architect Ralph Anderson Ralph Anderson is an iconic Northwest architect, best-known for for revitalizing Pioneer Square. But he left a huge mark on the region with his Northwest contemporary homes. Anderson’s designs are intended to blend with the Northwest landscape. Broad windows, hovering protective rooflines, exposed framing and an emphasis on verticality, became his signature. Many designs feature a formal T-shape plan, and take in dramatic views of the water or mountains and today epitomize what has
Coldwell Banker Bain Releases 2017 Pacific Northwest Annual Market Report Coldwell Banker Bain released its 2017 Annual Market Report providing a variety of statistics for the sale of homes in neighborhoods and counties throughout the Puget Sound region, and SW Washington and Oregon, as well as for segments including luxury and condos. The annual report reflects activity between January 1, 2017 and December 31, 2017*. Observations by principal managing brokers working in each major market are also included. Click Here
Downsizing Tips Downsizing. The word alone sounds ominous. More and more people are downsizing their homes for a variety of reasons. Some are empty nesters and no longer need a family-sized home or just want to simplify their lifestyle. Some want to relocate to a more expensive area, or lower their cost of living for retirement. If you are considering downsizing to a smaller space, there are many tips and tools to help you make the leap to a smaller
Happy Thanksgiving As we celebrate Thanksgiving and count our many blessings, we think of you and how grateful we are to have spent time together this year. From our family to yours, warmest wishes for a wonderful day! With Thanks, Eric, Vicki, Daniella, Trip & Lila
Coldwell Banker Bain Releases 3rd Quarter 2017 Pacific Northwest Market Report Coldwell Banker Bain released its third quarter market report providing a variety of statistics for the sale of homes in neighborhoods and counties throughout the Puget Sound region, and SW Washington and Oregon, as well as for segments including luxury and condos. The third quarter report reflects activity between July 1, 2017 and September 30, 2017.* Observations by principal managing brokers working in each major market are also included.
Beautiful Photos of Seattle’s Boat Culture Nestled between Puget Sound and Lake Washington and with two hundred miles of shoreline, Seattle’s location lends itself to maritime life. And just as the city is known for its year-round rain, its residents are known for spending four seasons on the water. Click Here to See The Full Photo Gallery
Protecting Your Home: What Insurance Do You Need? Whether you just bought your first home (congratulations!) or you’ve been settled in your humble abode for several years, it’s important to think about how you’re protecting your property. In an ideal world, nothing would ever happen to threaten the safety of your life and loved ones in your home. But there’s no harm in being prepared. You may be thinking… I bought homeowners insurance, doesn’t that cover everything? Probably not. Policies
As Prices Rise, Mortgage Lenders Are Making It Easier To Buy A House Home prices are rising across the country and mortgage rates, though still historically low, are up since the presidential election. Simply put, buying a home isn’t easy, especially in high-cost metropolitan areas. But changes in the mortgage industry are afoot, with the goal of loosening some of the strict standards established after the subprime crisis — rules some blame for impeding sales. “The reality has sunk in
3 Design Tricks That Will Make Your Small Space Feel Big Do you have a small space in your home that you’re unsure what to do with? Or is your cramped apartment forcing you to be creative in your living arrangements? You’re not alone. Make your small room or living area fit your needs with clever solutions that will streamline your life and maximize your space. Paint can work wonders Choosing the right paint color for your small room can
The Seattle Metro Has Gained 22 ‘Million-Dollar Neighborhoods’ Since 2014 Rising home values are spreading across the Seattle metropolitan area, according to a new report by real estate group Zillow. Since 2014, the report says, the United States has gained 246 new “$1 million neighborhoods”—defined as ZIP codes with 10 percent or more homes valued at $1 million or more. The Seattle metropolitan area, which includes Bellevue and Tacoma, is home to 22 of them. Out of those 22, nine
Summer Doldrums For Home Sales “Not Happening” Around Western Washington New figures from Northwest Multiple Listing Service indicate home sales and prices, like July’s temperatures, sizzled. Prices area-wide rose slightly more than 9 percent from a year ago, but several counties near job centers saw larger price increases, including King County where the median price jumped 18.6 percent. The latest report confirmed what most buyers and brokers know: inventory shortages persist even though MLS members added slightly more new listings
Should I Buy a Home or Just Keep Renting? The American Dream didn’t die when the housing bubble burst, but deciding if home ownership is right for you requires a careful look at all the options. Life often teases us with questions that have no easy answers: To be or not to be? Paper or plastic? Beach or Mountain vacation? In real estate, home seekers trying to decide whether ‘tis nobler to rent or buy quickly discover that the not-so-easy
Where To Camp To See the Total Solar Eclipse Have you figured out where you’re watching the Solar Eclipse next week? Check out the best camping sites along it’s path so you can decide where to stake your claim. Click Here To See the Interactive Map >>
Coldwell Banker Bain Releases 2nd Quarter 2017 Pacific Northwest Market Report Coldwell Banker Bain released its second quarter market report providing a variety of statistics for the sale of homes in neighborhoods and counties throughout the Puget Sound region, and SW Washington and Oregon, as well as for segments including luxury and condos. The first quarter report reflects activity between April 1, 2017 and June 30, 2017*. Observations by principal managing brokers working in each major market are also included.
2017 Home Design Trends Housing styles emerge slowly and typically appeal first to cutting-edge architects, builders, and interior designers. As a trend spreads and gains wider interest, it may go mainstream, become almost ubiquitous, and eventually lose its star power. Just look at once-favored granite, which now has been replaced by the equally durable and attractive options of quartz and quartzite. The economy, environment, and demographics always play a big role in trend spotting. But this year there are two
Improving Inventory May Mean “Season Of Opportunity” For Weary House Hunters Would-be buyers who have been shut out of the real estate market should test the “real estate waters” during the summer months suggests one industry leader. Northwest Multiple Listing Service published their June Press Release with a glimmer of hope for buyers. “Summer might provide some competitive relief for weary buyers,” said Gary O’Leyar, owner of Berkshire Hathaway HomeServices Signature Properties, pointing to some of the newly-released statistics from
18 Incredible Outdoor Dining Spaces Eating meals alfresco is one of the great pleasures of warm weather, and a beautifully appointed space only heightens the experience. Get inspired by these delectable dining areas as you think about creating your own outdoor oasis. Click here to see 18 Incredible Outdoor Dining Spaces
Seattle Summer Guide 2017 The forecast says we’re in for another round of warm, sunny weather for the upcoming Memorial Day weekend. While it’s not quite summer yet, now is the time to start planning out your summer activities. The Seattle Times created an interactive guide to find activities around Seattle, May through August 2017, from festivals to pool time to Fourth of July activities. Click here to see the interactive summer guide from The Seattle Times.
Coldwell Banker Bain 1st Quarter 2017 Pacific Northwest Market Report Coldwell Banker Bain released its first quarter market report providing a variety of statistics for the sale of homes in neighborhoods and counties throughout the Puget Sound region, and SW Washington and Oregon, as well as for segments including luxury and condos. The first quarter report reflects activity between January 1, 2017 and March 31, 2017*. Observations by principal managing brokers working in each major market are also included. Click
NWMLS Brokers Report 50 Percent Spike In New Listings NWMLS brokers expected an uptick in the number of new listings during March, and that expectation was met with a significant gain – up more than 50 percent from February. Members added 10,321 new listings last month, but they also reported an even greater number of pending sales (10,447), leaving inventory near historic lows. “Although we’re seeing better news for buyers related to increases in new listings during the past three
Spring 2017 Seattle Restaurant Week Is Upon Us The Spring 2017 edition of Seattle Restaurant Week is upon us — from April 2-6 and 9-13, tons of local places will serve up $32 three-course dinners, with many making $18 three-course lunches as well. But with more than 165 restaurants taking part, how do you choose? To assist you in making your decision, The Seattle Times has lists of best overall values, and best places for ambiance. Pro tips: Preview your
10 Towns Near Seattle You Need To Visit There’s so much to see and do in Seattle, but sometimes you just need to get away. It’s a good thing there are so many great small towns and getaways nestled within driving distance of the city. That makes it pretty easy to plan a day trip or simple overnight, without needing to book a plane ticket. With longer days and warmer weather on the way, now is the time to start
Annual Mercer Island Half Marathon Returns Sunday, March 19 Join thousands of competitive athletes, recreational runners, walkers and active families for the spring kick-off event to Puget Sound’s running season. The 45th annual Mercer Island Half Marathon, organized by the Rotary Club, hits the streets and trails of Mercer Island on Sunday, March 19. This event raises funds for colon cancer prevention and Rotary charities, and offers something for everyone, including the Swedish Cancer Institute Half Marathon Run and Half
Seattle-Area Housing Inventory Reaches Record Low Home buyers are in a spring mood, but sellers are still hibernating, suggested one broker while commenting about the latest statistics from Northwest Multiple Listing Service. Figures for February and feedback from brokers indicate record-low inventory is spurring multiple offers and rising prices in the Puget Sound area. Year over-year pending sales declined for the first time since March 2016, falling 8.9 percent. Eight counties, including King and Snohomish, reported double-digit drops in pending
7 Things You Should Know About Millennial Home Buyers For several years, Millennial home buyers have been stumping real estate experts. Their patterns of home ownership have been pretty sporadic up until now… Who is this generation? What do they want in a home? Why aren’t they buying? Who are Millennials? Preceded by The Baby Boomers (1945-1964) and Generation X (1961-1979), the Millennial Generation (sometimes also referred to as “Generation Y”) is made up of people born between the years
Bringing Midcentury Modern Design to Life in a New Home America’s love affair with midcentury modern design continues unabated. In a recent blog post, Coldwell Banker Previews showcases some of the most iconic Midcentury modern design moves that can be applied in other homes today: celebrating the home’s structure, transitioning seamlessly between indoors and outdoors, and embracing an open-plan layout for informal living in a compact space. Soaring Roof Lines Midcentury modern homes were typically one-story affairs. This offered the
New-Home Sales Rise In Sign Of Housing Market Health Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sales rose 3.7 percent to a seasonally-adjusted 555,000, the Commerce Department said Friday. That is 5.5 percent higher than a year ago. The Seattle Times article states: Solid job gains and some signs of rising wages have driven up consumer confidence, which has also
Happening Now: Seattle Home Show and the Northwest Flower & Garden Show Two events that are perfect for homeowners kick off this week: The Northwest Flower & Garden Show, and the Seattle Home Show. Both shows feature a dazzling array of beautiful spaces, both indoors and out. Exotic gardens and hundreds of exhibits including builders, remodelers, the latest appliances and fixtures, decorating, landscaping and more. If you’re serious about your home, don’t miss either of these fantastic shows. Northwest Flower
Neighboring Counties Catching Seattle’s Fever Seattle’s real estate market is busy, but it doesn’t exist in a vacuum. King County has a similar fever, and so do most of the neighboring counties. Affordability is encouraging sprawl which is now reaching into Snohomish, Pierce, Skagit, Thurston, and Whatcom counties. Kitsap and Island counties, however, have a different story. According to SeattleBubble.com, Prices are bracketing King County’s increase of 6.9 percent: up from 6.3 percent in Thurston County to 11.6 percent in
Finding The Perfect Home In A Seller’s Market In the Pacific Northwest, the real estate market is on fire. It’s been a seller’s market for a while, and 2017 is showing the same trends. Finding the perfect home with such low inventory can be tough. The folks at the CB Bain Fences & Flowers Blog offer some great advice on finding the perfect home in today’s market. 1) Be open-minded about your wish list. Everyone has a must-have list with
Coldwell Banker Bain 2016 Pacific Northwest Annual Market Report Coldwell Banker Bain just released its 2016 annual market report, providing a variety of statistics for the sale of homes in neighborhoods and counties throughout the Puget Sound region, and SW Washington and Oregon, as well as for segments including luxury and condos. According to S&P/Case-Shiller in November, 2016, Seattle and Portland hold the top two spots for residential real estate markets in the United States, with annual valuation growth of
6 Tastemakers Share What They Love Most About Home The newest issue of Coldwell Banker Previews digital magazine “Inside Out” is now available online. One of our favorite pieces from this issue explores what 6 tastemakers love most about their personal spaces. Is it a big open space filled with all of our favorite loved ones? Is it mixing our beloved pieces, both old and new together, in one room? Or fresh flowers, warm candlelight and beautifully dressed dinner
Seattle Has 2nd-Lowest Rate Of Homes For Sale In U.S. Why are Seattle home prices so high right now? The rising prices are caused by extremely low inventory in the Seattle area. According to the Seattle Times, just 0.4 percent of all homes in the Seattle region were on the market at any given time last year — a lower rate than in any U.S. metro area except the San Francisco Bay Area, according to a new report from realtor.com.
Exploring Seattle Without A Car (And No Traffic) 2016 brought significant growth to the Seattle area, including hundreds of new local restaurants, shopping, and nightlife spots opening in many neighborhoods across the region. Whether you’re a Seattle native, or brand new to the area, chances are there are new favorites waiting to be discovered. The Sound Transit Link Light Rail is the best option for exploring Seattle without a car, and without the headache of traffic. The Seattle Times provides
2017 Apartment Boom Should Soften Housing Market Good news for renters (and hopeful home buyers, as well): 2017 should see the beginning of relief for the Seattle area’s rental housing market. According to the Seattle Times, Seattle’s record apartment boom is ready to explode. The last few years have seen some serious imbalance in housing supply and demand in the Seattle area. This year, Seattle is set to see almost 10,000 new market-rate apartments open, nearly twice as many as
Are closing costs on a home purchase tax-deductible? The Seattle Times has provided a great resource to find out whether the closing costs on your home purchase are tax-deductible. When you purchase your home or buy land for your new home from a seller, you’re responsible for paying closing costs on top of the negotiated contract price. These costs are sometimes shared by the seller, depending on how you negotiate the deal. The IRS has some specific rules on itemized
2016 was the ‘best year ever’ for the Seattle-area housing market (for sellers). The residential real estate market ended 2016 the way it started: with low inventory and rising prices. The median price of home and condo sales in December increased more than 12% in King, Pierce and Snohomish counties, and 4.9 percent in Kitsap County, according to a NWMLS report issued Thursday. This year, rising prices didn’t slow the market as traditionally happens during the holidays. The number of
New Year, New Home? David Marine just published a fantastic post on the Coldwell Banker Blue Matter blog about the first steps you should take if buying a new home is on your agenda for 2017. David writes that one of the most important steps is finding the right agent. “Select a qualified and trusted real estate agent: At Coldwell Banker, we have a network of knowledgeable, trustworthy agents. Agents understand the local market and can help you find all
2016 M.I. Kitchen: Mercer Island, Washington We recently hosted an M.I. Kitchen event with some of our dearest family, friends, and clients. M.I. Kitchen is a casual cooking demonstration with resident chef Eric Napoleone. In this edition, Eric offers up classic Italian dishes with recipes that have been passed down through the Napoleone family. Watch the video for a glimpse of action from the night.
Coldwell Banker Bain Previews recently published an article documenting top trends shaping the Luxury Real Estate landscape. The expectation was to hear that buyers are concerned about safety and security, highly focused on technology and smart homes, and even preoccupied with spaces for their collections of art, wine or cars. And to some extent this was true. But the article also details how great impacts centered around generational and ethnic differences, changes in the home due to lifestyle trends,
Coldwell Banker Bain Mercer Island Partnering With Marine Toys For Tots Foundation For over 28 years, Coldwell Banker Bain Mercer Island has been partnering with the Marine Toys For Tots Foundation to bring joy to less fortunate children across the country. The primary goal of Toys for Tots is to deliver, through a new toy at Christmas, a message of hope to less fortunate youngsters. If you’d like more information, or would like to donate, click the link below. Visit
November 2016 Washington Real Estate Market Review In our 2017 Housing Market Forecast, we suggested that Seattle will remain one of the hottest housing markets in the nation. In reviewing Washington state closed sales in November, all signs point to a sustained sizzling market. The NWMLS recently published a press release detailing the current market conditions. “Pending sales of homes hit an all-time high for the month of November according to the latest statistics from Northwest Multiple Listing Service. The
It’s the most wonderful time of the year. Whether you live in the Eastside, the South Sound or anywhere in between, there are plenty of opportunities to experience winter wonderlands around the Puget Sound. As tempting as it is to spend the colder months bundled up indoors by the fireplace, visiting outdoor light displays is a great way to get into the holiday spirit while spending time with loved-ones. Here’s our list of 7 Spectacular Holiday Light Displays Around
2017 Seattle Housing Market Forecast Seattle is among the hottest markets in the annual forecast of Emerging Trends in Real Estate by the Urban Land Institute and PwC. For 2017, Seattle ranks fourth overall among the markets to watch, behind Austin, Dallas-Fort Worth and Portland. Emerging Trends is the most influential look at how industry insiders see real estate in the coming year, based in part on some 2000 interviews, both in person and by surveys. The Emerging Trends report
Washington state ski resorts are peppered throughout the Cascades mountain range, making it a traveler’s winter paradise. The sking in Washington is known for its diversity in terrain and conditions, with plenty of powder to be found. Most of the popular ski resorts can be reached from the state’s major cities within a couple of hours. Whether you are a seasoned veteran of downhill skiing or a beginner looking to try out a new sport, you’ll love what Washington
When it comes to the end of each year, there’s no denying that the holiday season fills the air. There are many ways to get into the holiday spirit, but one of the best is to get out and enjoy some of the holiday events around Seattle and the Puget Sound area. There are many great venues that host an array of holiday events throughout December. Here’s our list of 10 fun holiday events around Seattle and the Puget
The folks at Realtor.com recently published a fantastic article detailing the rise of the kitchen, and how it became the most important room in real estate. The article is packed with interesting nuggets of info, including the following: “Kitchen confidential No. 1: A trophy kitchen sells your home better than anything else. Once a small, functional space tucked away at the back of the house, the American kitchen has emerged as the showpiece of the home. Top-of-the-line-appliances, rich cabinets,
There’s a debate ablaze in America, and it has nothing to do with politics. Are Thanksgiving leftovers better than Thanksgiving dinner? Serious Eats has 20 of the best Day-after-Thanksgiving recipes to get your appetite kick started, and turn you into a serious leftovers truther. Sweet Potato Pancakes Made With Leftover Mashed Sweet Potatoes 15-Minute Turkey Enchiladas Leftover Turkey Chile Verde Click here to see 20 Recipes for the Day After Thanksgiving >>
During this special season of reflection, it is a time-honored tradition to take a moment to think about what we’re most grateful for. You’re at the top of our list! We wish you and your loved ones a Happy Thanksgiving! Warmest regards, Peggy, Vicki, Eric, and Daniella P.S. In case you missed it, there’s still time to whip up a delicious Thanksgiving dessert. Click Here to see our quick and easy Chocolate Marinier Mousse recipe.
This quick and easy Chocolate Marinier Mousse is the perfect way to end your Thanksgiving dinner. With its velvety texture, and rich chocolate flavor, your guests will never suspect just how easy it is to make. Follow the directions below. Ingredients: 6 egg whites 1 egg yolks 1 oz butter 1 oz milk 1/4 cup Grand Marinier 1/2 teaspoon vanilla extract 3 ounces bittersweet chocolate(60%), chopped Garnish with orange peel, or strawberry Directions: Combine chocolate milk and butter in
The Puget Sound Business Journal is reporting that Amazon has leased all of the new 21-story Midtown21 office high-rise in Seattle. Construction of the tower is scheduled to be done in December. Amazon will move in later in 2017, said Trammell Crow, which developed the building. Other details of the deal were not disclosed. Midtown21 is at the corner of Terry Avenue and Stewart Street, kitty-corner from a renovated 1950s building that Amazon leases and three blocks from the
The Puget Sound Business Journal has provided a sneak peek inside the first Puget Sound-area New Seasons Market. The Portland-based market has just opened it’s doors to the latest edition of the growing natural foods grocery scene in the Puget Sound region. “I think there’s a food movement happening right now with customers,” New Seasons President and CEO Wendy Collie said when the company first announced its plan to open a store on Mercer Island. The company partners with
The U.S. News & World Report came out with the rankings of the top high schools in the country, and the Puget Sound area has 19 on this list, with Bellevue and Mercer Island High Schools ranking highly. Schools are ranked based on how well they prepare students for college and how well students perform on tests. The Puget Sound area high schools are helping to prepare students for the region’s workforce, with tens of thousands of new jobs created
Fall is well underway, but it’s not too late to take care of necessary home maintenance before shorter days (and in many areas, ice and snow) make outdoor work too difficult. And if you do live in an area with cold winters, take some time to boost energy efficiency throughout your home, and prevent damage from winter storms with proper tree care. Read through the Fall home maintenance list below to make sure you’re prepared this Fall and Winter.
Nestled in the foothills of the Cascade Mountain Range, in the quiet town of North Bend, rests this Northwest inspired estate. Poised above the Snoqualmie River, this sweeping estate provides all the elements of a modern day fairytale. Refined materials are inspired by the native elements of the region, conceptually bringing the outdoors inside. Built by James Strode and masterfully designed by architect Robert Edison Swain, this majestic estate is one of the most unique and beautiful homes in the
The Seattle Times has written an excellent article about the rise of the Chinese homebuyer, and why Seattle has become a hub for international activity. “Seattle saw more inquiries from mainland-Chinese homebuyers than any other American city in four of the last seven months, according to Juwai.com, China’s biggest real-estate site for buyers looking in North America. Historically, Seattle had attracted less real-estate money from China than Los Angeles, New York and San Francisco.” Click here to read the article
Beautiful new listing in the Madrona neighborhood of Seattle. Nestled away on a quiet dead end street, this home offers vintage charm and easy living. Relaxation comes naturally on the covered porch, where you’ll love waking up with a cup of coffee in the morning, or unwinding with a glass of wine in the evening. Offered at $500,000. MLS# 1013355 Please contact us if you’re interested in viewing this property.
Our latest Mercer Island listing, a short stroll from the water’s edge, and nestled down a private lane.
Another great shoot at our latest listing in Ardmore (Bellevue). A sweet little Oasis, private and green, with well thought out spaces to relax and play…
We have enjoyed every minute of story sharing, sunsets and doing what we love as we prepared our latest listing to go live. Enjoy hearing about what the Nelsons have loved most about living at their Waterfront Sanctuary on Mercer Island in the short film below. For more details, see our featured listings or give us a call.
Hi there! We hope you had a wonderful 4th of July weekend! We’re excited that it’s supposed to be sunny and warm again this weekend for the Mercer Island Summer Celebration Fireworks; A laid back, family friendly event where it’s customary to pack a picnic, grab a spot on the lawn, enjoy live music and of course the fireworks! We at Napoleone Group – Cbbain & Jacqueline Jacobi of JJ’s Life Skills Through Horsemanship – MI Saddle Club, are excited
It’s no secret our family love to cook (and eat) and that the heart of our home is the kitchen. While Eric and Vicki have both been in Real Estate for the past 18 years, prior to this Eric has a long history of working in the food & beverage industry both here (former owners of Caffe Italia from 89’-95’ on Mercer Island) and in Australia. He would happily tell you his love of cooking stemmed from his Italian heritage. His family, as
Sharing our personal philosophies on the business of real estate and people-first principles.