With a staggering price tag of 17,500,000 CHF or around $17.6 million, the stunning property before you is looking for a new owner. Nestled in the picturesque Morcote region of Switzerland, this mesmerizing villa will allow its lucky next owners to enjoy exclusivity and privacy from a splendid panoramic position over Lake Lugano. Comprising the main … More This Spectacular Swiss Lakefront Property costs $17.6M
Taking a break from the troubled rollout of the Model 3 sedan that Elon Musk describes as hellish, Tesla’s billionaire commander-in-chief is reimagining heavy-duty trucks with a futuristic behemoth he says is sleeker, faster, safer and more efficient than anything on the market. Oh, and if that weren’t enough he’s also bringing back the Roadster sports car. Unveiled as Queens of the … More Elon Musk’s 10-Ton Challenge: Turning Tesla Into A Semi Truck Powerhouse
The shortage of homes for sale has been a major concern for buyers and real estate agents over the last few years. Windermere Chief Economist, Matthew Gardner, explains the impact these shortages are having on the housing market. Windermere Real Estate | November 2017 Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere … More How are Inventory Shortages Impacting the Housing Market?
Late last month, interim mayor Tim Burgess said the city would be backing a county effort respond to Amazon’s call for a second headquarters location. Last week, we learned what form Seattle’s bid to take on all of Amazon’s expansion will take: King and Snohomish Counties are working together to make a collective bid. King County executive … More King and Snohomish County have joined together for a regional Amazon bid
Chinese buyers are expected to spend close to $80 billion on overseas property in 2017, but how do we tell where they intend to invest in? We look at the Economist Intelligence Unit’s ranking of the world’s most liveable cities, which gives an excellent indicator of where Chinese residential investors could be putting their capital into, … More Five Liveability Factors Chinese Look at When Buying Homes Abroad
China has relaxed its capital controls for the first time this year, scrapping two rules meant to bolster the renminbi (RMB).1 The People’s Bank of China (PBoC) – China’s central bank – recently abolished a rule to reserve a 20% deposit on forward sales of foreign exchange, which was originally set in 2015 to curb … More What China’s eased capital controls mean for Chinese buyers
$14 billion – that’s how much Chinese are estimated to have invested into the US via the EB-5 visa programme. The Chinese have long favoured the EB-5 programme, reigning as the largest group of immigrant investors in the US in recent years.282% of the 13,237 EB-5 visas awarded in 2016 went to mainland Chinese applicants … More Will EB-5 Reforms Affect Chinese Interest in the US?
Home prices were 5.8% higher in June 2017 than in June 2016, according to the latest S&P/Case-Shiller U.S. National Home Price Index released Tuesday. Meanwhile, national price gains are speeding up; in May the index rose 5.7%. Zooming in on 20 of the largest cities in the nation, price gains were only slightly lower at … More Home Prices Rose To A New High In June With Seattle Leading The Pack
The housing market, especially on the West Coast is out of balance. Windermere’s Chief Economist talks about why we are experiencing an affordable housing crisis, and how the market can gain equilibrium again, benefiting both home buyers and sellers. Windermere Blog | Septmeber 2017 Matthew Gardner
Windermere’s chief economist, Matthew Gardner, has released the Western Washington Real Estate Market Update for Q2. ECONOMIC OVERVIEW The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth … More The Gardner Report | Western Washington Q2 2017