Vol 05.2015
Premier Networking Meeting May 27, 2015 Topic: Destination Living Panel: Keith Wells (Lake Chelan), Pat O’Day (San Juan Islands), Lisa Hatem (Maui), Chris Wurden (Kitsap Peninsula), Wally Gudgell (Orcas Island), Jay West (Cabo) Host: Linda Casale (Whidbey Island) More than 100 agents came together on May 27 for the monthly Windermere Premier breakfast to network and learn about the growing vacation/second home market. This month’s panel consisted of agents from popular second home markets in Cabo, Lake Chelan, Maui, Orcas Island, Kitsap Peninsula, and San Juan Island. The overall message was that the second home market is still in recovery mode. Those areas located in the Pacific Northwest say that their proximity to Seattle and its growing economy is starting to have a positive impact in their markets. For example, the Kitsap Peninsula is seeing an uptick in second home owners wanting a reprieve from the city. The same is true on San Juan Island where 80% of the homes are vacation properties. San Juan has an abundance or waterfront homes for sale, many of which are well under a million dollars. On Orcas, 60% of their market is priced at $900,000 and above, and prices are expected to see double digit appreciation next year. Maui is a different story; they actually have a shortage of inventory which is driving up prices. They’re seeing a lot of international and cash buyers, even for homes priced in the multi-millions. Los Cabos is still recovering from last year’s hurricane which brought the real estate market to a standstill. Theirs is a buyer’s market and 20% of their inventory is luxury listings priced at $1 million and above. Special thank you to the six agents who took the time to share their insights on the second home market in their local areas.
Exposure to Luxury Buyers in 200+ Countries.
Exposure to Luxury Buyers in 200+ Countries.
Exposure to Luxury Buyers in 200+ Countries.
Featured Premier Listings May Premier Breakfast
Tom Maider | $3,250,000 | MLS #769261 | Seattle, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
John Kritsonis & Karl Lindor | $1,088,000 | MLS #760717 | Sammamish, WA
Exposure to Luxury Buyers in 200+ Countries.
John Kritsonis & Karl Lindor | $1,988,000 | MLS #776121 | Sammamish, WA
John Kritsonis & Karl Lindor | $1,898,500 | MLS #790792 | Sammamish, WA
John Kritsonis & Karl Lindor | $1,868,000 | MLS #761235 | Kirkland, WA
Karl Lindor & Dawn Johnston | $1,198,000 | MLS #761204 | Covington, WA
Exposure to Luxury Buyers in 200+ Countries.
Margo Allan | $3,328,000 | MLS #767480 | Redmond, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Irene Wurden & Chris Wurden | $1,498,800 | MLS #758548 | Seabeck, WA
Irene Wurden & Chris Wurden | $700,000 | MLS #758587 | Silverdale, WA
Cathy Millan & Rondi Egenes | $3,158,000 | MLS #772812 | Hunts Point, WA
Exposure to Luxury Buyers in 200+ Countries.
Jan Selvar | $2,650,000 | MLS #781567 | Silverdale, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Wally Gudgell | $3,500,000 | MLS #770056 | Crane Island, WA
Wally Gudgell | $1,750,000 | MLS #778125 | Orcas Island, WA
Julia Krill & Mark Krill | $1,298,000 | MLS #778888 | Woodinville, WA
Exposure to Luxury Buyers in 200+ Countries.
Cynthia Schoonmaker | $3,395,000 | MLS #736212 | Mercer Island, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Scott Marques | $1,650,000 | MLS #766136 | Manson, WA
Daniel Marinello | $5,600,000 | MLS #784280 | Mercer Island, WA
Cindy Stewart & JoAnn Jett | $960,000 | MLS #715136 | Ruston, WA
Exposure to Luxury Buyers in 200+ Countries.
Cindy Stewart & Pat Busick | $890,000 | MLS #774753 | University Place, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Cassie Walker Johnson | $5,500/month | MLS #788665 | Seattle, WA
Debbie Homeyer | $1,389,000 | MLS #784844 | University Place, WA
Molly Ells | $1,950,000 | MLS #781320 | Bremerton, WA
Exposure to Luxury Buyers in 200+ Countries.
Molly Ells | $1,955,000 | MLS #770578 | Union, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Carole Falleen & Aaron Harrington | $1,828,000 | MLS #774131 | Mukilteo, WA
Carole Falleen & Aaron Harrington | $1,150,000 | MLS #773484 | Langley, WA
Carole Falleen | $1,299,999 | MLS #788592 | Mount Vernon, WA
Exposure to Luxury Buyers in 200+ Countries.
Debbie Kinson | $1,599,000 | MLS #785766 | Redmond, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Mary Jane Anderson | $2,480,000 | MLS #767939 | San Juan Island, WA
Denise Katz | $950,000 | MLS #769718 | Vashon, WA
Leslie Hancock | $1,640,000 | MLS #777801 | North Bend, WA
Exposure to Luxury Buyers in 200+ Countries.
Leslie Hancock | $1,470,000 | MLS #792134 | Redmond, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Beth de Groen | $1,325,000 | MLS #791836 | Vashon, WA
Beth de Groen & Linda Bianchi | $1,285,000 | MLS #774075 | Vashon, WA
Christine Olsen Reis | $1,000,000 | MLS #774441 | Long Beach, WA
Exposure to Luxury Buyers in 200+ Countries.
Michael Linehan | $4,750,000 | MLS #774273 | Shaw Island, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Mary Love Mattox | $1,100,000 | MLS #759852 | Snohomish, WA
Laura Halliday & Valerie Schindler | $1,375,000 | MLS #792982 | Brinnon, WA
Olga Dyckman | $2,350,000 | MLS #764054 | Wenatchee, WA
Exposure to Luxury Buyers in 200+ Countries.
Jay West & James Bundy | $21,000,000 | MLS #14-1351 | East Cape, BS John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Martin Posch | $2,300,000 | MLS #14-1435 | Cabo San Lucas
Martin Posch | $8,950,000 | MLS #13-1318 | Cabo Corridor
Mark Nieman | $1,839,500 | MLS #10-915 | Cabo Corridor
Exposure to Luxury Buyers in 200+ Countries.
Jennifer Kuhlman & Kevin Kuhlman | $1,434,995 | MLS #755134 | Snohomish, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Roy Towse | $1,698,000 | MLS #790279 | Kirkland, WA
Roy Towse | $849,950 | MLS #768009 | Duvall, WA
Karl Lindor | $1,398,000 | MLS #771408 | Redmond, WA
Exposure to Luxury Buyers in 200+ Countries.
Joie Gowan & Dana Bieber | $2,595,000 | MLS #778120 | Seattle, WA John Doe | $1,250,00 | MLS #123456 | Sammamish, WA
Cricket O’Neill | $1,495,000 | MLS #785050 | Seattle, WA
Michael MacDonald | $1,890,000 | MLS #774090 | Seattle, WA
Exposure to Luxury Buyers in 200+ Countries.
Premier in the News B
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A. April 23, Seattle Curbed: Tom Kundig Leschi Residence Back On The Market B. April 23, Seattle Curbed: Burr Richards’ Lindley House in Hunts Point Asks $3.15M C. May 1, Seattle Curbed: Seattle Restauranteur Linda Derschang Lists $1.7M ‘Old House’ D. May 1, Seattle Curbed: Shoreline Estate With Olmstead Gardens Asking $5.68M
Check out where Windermere’s Premier listings have been featured this month!
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F E. May 16, Patti Payne’s Cool Pads: Value Village’s Tom and Sue Ellison put $5.9 million South Bellevue home on market F. May 14, Seattle PI Real Estate Spotlight: $2.6 million floating home G. May 5, Seattle Curbed: $1.8M Historic Henry Bittman Home Looking For New Life H. May 26, Seattle Refined: SoHo meets Seattle with this $2.6M houseboat
Exposure to Luxury Buyers in 200+ Countries.
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About Windermere Real Estate Windermere Real Estate is ranked the largest independent real estate company in the Western U.S. with over 300 offices and 7,000 agents serving communities in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Mexico. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation, which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than 26 million dollars towards improving lives in the communities where we live and work. For more information, visit www.windermere.com.