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Construction Costs and Low Margins

As consumers study the purchase of a new home there is universal shock at the retail prices of new tract homes and construction costs in the case of custom building. Inside construction firms this topic is coming up daily and maybe several times per day. This does not happen in the car market for example. …

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Rising, Plateauing, or Cresting? That is the question.

Wall Street Journal reports that commercial real estate purchase prices have crested nationwide (WSJ March 23rd). Colliers reports that Bellevue commercial lease vacancy will double over the medium term with the corresponding softening of lease rates (report Jan 2016). Dupre + Scott report that Seattle apartment vacancies have risen to 3% which is still not …

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Single Family Home Sales

Single Family Home Inventory is at an all-time low of 1.1 months (Seattle Times December 4th). Six (6) months of supply is traditionally considered a balanced market. Case-Shiller index indicates we are back at, or surpassing, our peak prices from 2007/2008. However, that seems to be nominal dollars as the actual inflation adjusted Case-Shiller index …

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Foreign Buyers Of Real Estate

From the Wall Street Journal and National Association of Realtors –

Real estate transactions involving a foreign buyer made up just 1% of total transactions in Washington State in 2010 and rose to 4% in 2014. Just about all of those foreign buyer transactions were concentrated in the Greater Seattle area with the foreign buyer …

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Eastside Home Prices Rising

The good news is residential sellers in King County have pretty much regained the peak prices from prior to the recession (prices just 0.2% off peak right now). That written, this is a comparison in nominal dollars not adjusting for inflation during the intervening period. Tough to be a buyer with inventory low, prices rising, …

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Arbors At Echo Falls Grand Opening

The Arbors at Echo Falls cordially invites you to the plat Grand Opening being held May 23rd from 11 AM to 4 PM. This is at 20327 118th Ave SE, Snohomish, 98296. New homes fronting the Echo Falls Golf Course on estate sized lots. While you visit with us, we will offer a rolling presentation …

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Montessori Children’s House

Redmond Reporter wrote a nice article about our work:

On Feb. 17, Redmond’s Montessori Children’s House (MCH) unveiled its innovative playground, designed to stimulate the mind-body connection for their elementary students.

Envisioned and designed by MCH’s Head of School Jennifer Wheelhouse, the project was developed over the last 10 years and took six months to …

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Arbors At Echo Falls Official Opening

Meydenbauer is proud to announce the opening of the brand new Eastside luxury estate community: Arbors At Echo Falls. It is a 14 home gated community. The homes front Oki’s Echo Falls golf course and are designed for tranquil living in peaceful bucolic surroundings. The homes are elegant traditional Northwest estates: magnificent large open beams, …

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Eastside Light Rail

Eastside Light Rail is progressing and the “90% engineering” from Sound Transit will be soon in at the City for permit review. The station locations can be seen on the map. The map is a bit abstract – working south to north I believe: “South Bellevue” is the Mercer Slough Park & Ride, “East Main” …