CofanoGroup Blog

Microsoft renovation could add another 8,000 jobs to Redmond campus – increasing demand for Eastside housing

  On the heels of Amazon’s announcement that they will relocate several thousand workers to Bellevue, Microsoft is going full steam ahead on its HQ renovation that, when finished, could bring in another 8,000 jobs to it’s Redmond campus, according to a story published last week in the Puget Sound Business Journal. Also last week, […]
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Sammamish tops the Puget Sound wealthy list

Most Eastsiders could likely rattle off that the wealthiest zip code on the Eastside is the Gold Coast of Medina. And they would be correct. According to data reported this week by the Puget Sound Business Journal, Medina tops the list of wealthiest zip codes in the region with a median household income of $186,484 […]
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Eastside Market Trends – May 2019

Hope you all got out to enjoy some of the great weather in May, along with the flowers brought to us by our customary April showers.  You might recall that we started to see the Eastside real estate market slow a bit in April and that trend continued in May.  For weary buyers, this news […]
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Sammamish keeps growing up with senior living on the horizon

My first memories of Sammamish were not when we moved our family to our first home on the plateau in 1997.  It was about 20 years prior when I would (infrequently) find a way out of class at the real Sammamish High School in Bellevue and spend an afternoon fishing on Pine Lake.  To us, […]
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Will it cost more to sell your home in 2020?

In what seems live an ever increasing need to generate more money, the Washington state legislature made some changes to the Real Estate Excise Tax (REET) that will go into effect in 2020.  If you have sold a home in Washington, you may recall that the state imposed a flat tax of 1.28% on the […]
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Amazon’s moving to Bellevue…what does that mean to Eastside housing?

  If you have been paying attention to local headlines, you can’t help but have seen the acronym HQ2. This was the moniker that Seattle-based Amazon used in it’s process to identify a “second” headquarters for this massive online retailer. It was also a shot across the bow to the Seattle region that Amazon was […]
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