WbyWindermere.com
Windermere Real Estate has a long tradition of success, and the W Collection program exemplifies this tradition in every detail. W Collection agents have mastered both the art and science of luxury property representation, delivering unparalleled levels of service and expertise to their clients. Each W Collection home is listed and marketed with skill, care and insight. Our signature brand, elegant marketing materials, international reach and dedication to perfection ensure that each W Collection property reaches the right buyers—both locally and globally. The combination of our vast international network and our strength as the Northwest’s luxury-market leader provides the ultimate platform to showcase truly outstanding properties to the most discerning buyers.
T
ING
LUXURY BRO
KE
RA GE
IN
WIND
ER
ME
5.2% 8.4%
19.9% 12.6%
MARKET SHARE $3M+ PROPERTY SALES 10/1/18 - 9/30/19 Source: Trendgraphix
TON
3.4%
NG
29.4%
WINDERMERE
HI
All other companies (less than 2% each)
AS W
RE
I
S
L HE
D EA
WbyWindermere.com
N OTA B L E SALES 1
2
3
4
5
1. NEWPORT SHORE Sold for $5,498,800
6. MEDINA Sold for $8,250,000
2. MEDINA Sold for $7,800,000
7. UNION HILL Sold for $3,500,000
3. MEDINA Sold for $5,700,000
8. CAPITOL HILL Sold for $3,300,000
4. BAINBRIDGE ISLAND Sold for $4,250,000
9. MEDINA Sold for $5,900,000
5. QUEEN ANNE Sold for $6,000,000
6
7
9
8
2020 ECONOMIC & HOUS ING FORECAST GREATER SEATTLE
PROJEC T E D NEW J O B S I N 2 02 0 “Employment growth started to slow down earlier this year and that is expected to continue in 2020. While job openings are plentiful, there aren’t enough people to fill them. As a result, gains in the job market will likely slow next year.”
52,702
SINGLE FAMI LY HO ME PRICE GROWTH
7.9%
8.7%
11.8%
13.2%
10.3%
7.3% 3.0%
2014
2015
2016
2017
2018
F O RT Y- F OUR %
M ILLE N NI AL S HARE O F THE MA RKET IN 2 02 0
S ING LE FAMI LY HO ME SALES
2014
45,3 77
2 015
51 ,269
2 016
54 ,499
2 017
56,2 0 0
2 018
5 0,996
2 019
52 ,72 3
2 02 0
45,3 77
“After taking a pause in 2018, home sales are likely to rise - albeit modestly - in 2020, as supply-side issues persist.”
2019
2 02 0
“Millennials are on the move! This segment of the population is representing an increasingly larger portion of the local housing market. I only expect this trend to continue in 2020.”
MORTGAGE RATES (AVG 3 0 -Y R FI X ED)
Q1 4.37%
2019
2020
Q2 4.00% Q3
3.67%
Q4
3.63%
Q1
3.63%
Q2
3.70%
Q3
3.90%
Q4
3.95%
“The current economic environment has made it difficult to predict mortgage rates; however, my current forecast is that rates will remain remarkably competitive through 2020.”
THE
GARDNER FORECAST
f or 2 0 2 0 As Windermere’s Chief Economist, Matthew Gardner analyzes and interprets economic data and its impact on the real estate market on both a local and national level. On the opposite page, Matthew provides a snapshot of his 2020 economic and housing forecast for the Puget Sound region. For more analysis from Matthew, please visit Windermere.com/Economics.
4. 5 % REG I O NAL U NE MPLOY M E N T R AT E FO R EC A S TED F O R 2 02 0 “The unemployment rate has levelled out and I don’t expect much to change in 2020.”
Matthew Gardner CHIEF ECONOMIST Windermere Real Estate Matthew Gardner has over 30 years of professional experience both in the U.S. and U.K. In addition to his day-to-day responsibilities, Matthew sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Center for Real Estate Studies at the University of Washington where he also lectures in real estate economics.
Amy Sajer
Anna Riley
Barbara Cahill
SEATTLE-LAKEVIEW 206.550.8903 asajer@windermere.com
YARROW BAY 425.761.8836 anna@westbellevue.com
SEATTLE-GREEN LAKE 206.261.7272 bcahill@windermere.com
David Hogan
Deirdre Doyle
Denise Niles
BELLEVUE 425.890.3318 davidhogan@windermere.com
SEATTLE-LAKEVIEW 206.234.3386 deirdre@windermere.com
YARROW BAY 425.301.1769 denise@westbellevue.com
Javila Creer
Joan Bayley
Joanie Brennan
SEATTLE-LAKEVIEW 206.794.5284 javila@windermere.com
BELLEVUE SOUTH 206.940.4611 joanb@bayley.net
SEATTLE-LAKEVIEW 206.595.5443 jbrennan@windermere.com
FEATURED AGENTS
Experienced Windermere agents represent each W Collection property with a deep understanding of luxury home sales and marketing. Whether buying or selling, you can be confident your Windermere agent will tailor his or her skills to your unique needs, while showing the utmost care and consideration every step of the way.
Cherrie Lee
Colleen McCann
Cori Whitaker
MERCER ISLAND 206.353.8899 cherrie@cherrieleegroup.com
SEATTLE-MAGNOLIA 206.510.6596 colleenmccann@windermere.com
LYNNWOOD 206.795.4361 coriwhitaker@windermere.com
Jack Malek
Jan Selvar
Janet Lee
SEATTLE-GREENWOOD 206.498.2189 jmalek@windermere.com
SEATTLE-EASTLAKE 206.200.3271 jan@janselvar.com
GIG HARBOR 253.851.7653 janetlee@windermere.com
John Kritsonis
Joseph Brazen
Julie Taylor
BELLEVUE SOUTH 206.498.0288 johnk@windermere.com
BELLEUVE COMMONS 425.531.0109 josephbrazen@windermere.com
BELLEVUE 425.260.6182 julie@julietaylorteam.com
F EATU R E D AG E NTS
Karl Lindor
Katherine Vincent
Louis Muniz
BELLEVUE SOUTH 206.890.8227 karl@windermere.com
KIRKLAND 206.910.2122 kvincent@windermere.com
WHIDBEY ISLAND-FREELAND 360.969.1028 louismuniz@windermere.com
Randi Brazen
Rick Franz
Rondi Egenes
BELLEVUE COMMONS 425.462.8000 randibrazen@windermere.com
BELLEVUE SOUTH 206.442.7626 rickfranz@rickfranz.com
YARROW BAY 206.953.1771 regenes@windermere.com
Sue Rockwell
Taylor Brazen Tagge
Theresa Truex
SEATTLE-SAND POINT 206.683.0303 suerock@windermere.com
BELLEVUE COMMONS 425.765.7681 taylortagge@windermere.com
SEATTLE-LAKEVIEW 206.972.7768 ttruex@windermere.com
O U R P U R P OS E
F EATUR E D AGE NTS
Margie Zech
Max Rombakh
Michael Doyle
SEATTLE-CAPITOL HILL 206.295.2281 mzech@windermere.com
YARROW BAY 206.227.0737 maxr@windermere.com
SEATTLE-LAKEVIEW 206.699.0203 mdoyle@windermere.com
Sandy Nicholls
Shawna Ader
Sheri Putzke
BELLEVUE 425.444.4966 nicholls@windermere.com
SEATTLE-LAKEVIEW 206.251.2337 shawna@windermere.com
YARROW BAY 425.749.6703 sheriputzke@windermere.com
Timothy Lenihan
Veronique Hval
Wendy Paisley
SEATTLE-LAKEVIEW 206.280.5859 timlenihan@windermere.com
SEATTLE-MADISON PARK 206.214.8499 veronique@belleresidence.com
YARROW BAY 206.650.5812 wendy@wendypaisley.com
RADICAL INTEGRITY We believe trust and respect are the bedrock of every relationship. THOUGHTFUL PROFESSIONALISM We take a holistic approach to every aspect of our business. COURAGEOUS INGENUITY We dream big, lead creatively and evolve constantly. COLLECTIVE GENEROSITY We believe in acting beyond ourselves. We invest in people and their lives.
Once we know what you love, we won’t stop until you have it.
ALL IN, FOR YO U.
All W Collection homes are featured on Luxury Portfolio, THE Largest global network of premier locally branded companies dominated by many of the world’s most powerful independent luxury brokerages.
LPI BROKERAGES HAD
$32 BILLION MORE IN HOME SALES THAN OUR CLOSEST COMPETITOR
Leading Real Estate Companies of the World® (Includes Windermere Sales)
$254B Keller Williams
$222B Coldwell Banker
$192B
Berkshire Hathaway Home Services
$89B
RE/MAX
$83B
Sotheby’s International Realty
$72B
Compass
$45B
This bar chart is sourced from REAL Trends Top 500 for 2018 via realtrends.com. Companies shown represent networks and national brands.
WE MARKET YOUR PROPERTY TO THE WORLD Windermere’s W Collection properties are promoted to international buyers on websites such as LuxuryPortfolio.com, WallStreetJournal.com, MansionGlobal.com, Juwai.com and Waijule.com. Through these sites we market your property to high-net-worth home buyers around the world.
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