Executives of Realogics Sotheby’s International Realty (RSIR) recently announced that they have collaborated with network affiliates of TTR Sotheby’s International Realty (serving Crystal City, Virginia and the greater Washington D.C. area), Daniel Gale Sotheby’s International Realty (serving Long Island City, Queens and neighboring boroughs on Long Island) and Sotheby’s International Realty operated by NRT (serving Manhattan in New York State) to present MyHQHome.com. The website will serve as an aid to current and future Amazon employees who may be considering a move to one of the HQ2 cities and Seattleites who might elect to sell or lease their home.Read More
Amazon recently made things official, as they announced their selection of two cities for their future headquarters locations: Crystal City, just outside of Washington D.C. in Virginia, and Long Island City, a section of Queens, New York. The announcement followed fourteen months of speculation, as Seattleites braced themselves for how the move may impact the city’s future and market experts predicted how it may shift Seattle’s strong housing market. As King 5 News recently reported, “back before Amazon’s second headquarters was split in two, there were some who believed the announcement would lead to a drastically different housing market in the Greater Seattle area.” Now that there are two HQ2’s in the picture, the impact has weakened.Read More
According to Seattle Times, Amazon's footprint on the Emerald City has grown so large that Seattle is now the largest company town in the nation. As the article outlines, the e-commerce giant now "occupies a mind-boggling 19 percent of all prime office space in the city," which marks "the most for any employer in a major U.S. city." The company's growth has spurred a strong economy with increasing wages and home prices. Their current 8.1 million square feet of office spaces is anticipated to grow to over 12 million over the next five years.Read More
Amazon has made national headlines over the past couple of months, as their announcement of a second headquarters location has had cities scrambling to put bids together before the October 19th deadline in an effort to bring the company’s promised 50,000 jobs and $5 billion in investment to their cities.Read More
CNN Money released a list of the "Best cities for Millennial homebuyers," and they ranked Seattle number seven out of ten.
What factors elevated Seattle to the top? Les Christie cites the "vast coffee culture," "major employers like Amazon, Microsoft, and, of course, Starbucks," along with "other smaller outfits that are creating jobs and attracting young talent."
Further, "between 2010 and 2012, 28% of all people moving into the city were Millennials, five percentage points higher than the average major city, according to the National Association of Realtors."