Homebuyers — Blog — Calyx Living

Summertime is traditionally slower in our region’s real estate market, as Seattleites pause and take time to enjoy the warm weather, families spend more time together with kids out of school, and residents leave for summer vacay and other fun activities. However, this summer “the total number of single-family homes on the market jumped an eye-popping 43 percent in June from a year ago across King County, the biggest increase since the housing bubble and burst a decade ago,” according to the Seattle Times.

Seattle is #1 City for Chinese Homebuyers

Seattle is number one in the eyes of mainland Chinese homebuyers exploring overseas investment in real estate. That’s according to Juwai.com, a popular home search site within China, and this finding is tracking with other data points according to local brokers that specialize in international homebuyers.

NEXUS Milestone: 300 Sales & 24 Months to Occupancy!

A series of impressive milestones were reached recently at NEXUS as sales were reported on 300 of the 382 homes, while SKANSKA projects first occupancy in just 24 months. “We are making tremendous progress with both sales and construction,” said Michael Cannon, Sales Director of NEXUS. “It’s exciting to think we are less than two years away from moving into Seattle’s most iconic address.”

Renters of New Luxury Apartments in Downtown Seattle Missed Estimated $60 Million in Income Tax Deductions

A recent report determined an aggregate $60 million in income tax deductions were missed in 2016 by 12,562 tenants that occupied newer apartment units built since 2010 in downtown Seattle alone.

Global Affluence: The Emerging Luxury Consumer

Sotheby’s International Realty Affiliates LLC is proud to present “Global Affluence: The Emerging Luxury Consumer,” a report examining the confidence, spending habits and purchasing interests of emerging luxury consumers from around the world, defined as those with $250,000 to $1 million USD in investable assets