Recent real estate and design articles have speculated on the impact the coronavirus pandemic could have on future residential design. Features in the last decade have focused on spacious luxury owner amenities with indoor and outdoor common areas, lush gardens, fitness centers, media rooms, private dining rooms, pet spas and co-working spaces. Will residential developers adjust future design plans to create safer and more comfortable common areas?
The new normal may mean fewer pieces of equipment in cardio and weight rooms and more space between mats in yoga studios. Expect more hand sanitizing stations and stricter cleaning protocols. Capacity limits or equipment reservations may be required to provide equitable use and a safe environment. Lobbies, owner lounges and other common gathering areas may adjust decor to provide more chairs and fewer sofas to create a comfortable yet safe area for residents and guests.
Home office space has become one of the “must have” features. Whether full or part time, more people are working from home increasing the need for dedicated office or study space. We’ve quickly learned dining room tables and kitchen islands aren’t the best backdrop for video meetings.
Spending more time indoors has made the need for a properly functioning HVAC system more evident. Buyers may be just as interested in knowing whether a new community design includes systems that introduce more fresh outdoor air, recycle air more frequently and perhaps sanitize.
Spending more time in our homes over the past several months has made us more aware of our space, how we use that space, how well it functions and what we may need/want for the future.
For the past several months many of us have been working from home – some temporarily, others permanently. Here are some thoughts from a recent Windermere blog post that might give you some good ideas for a home office refresh.
Amid the COVID-19 Pandemic, many of us now find ourselves working from home. While it’s hard to complain about the commute, working from home can be an adjustment. For example, you may find yourself doing tasks around the house and suddenly you’ve missed several important emails. If you feel like you need some help being more productive while working from home, here are five tips to improve your workflow.
The best kind of light is natural light. Try setting up your workspace by a window. If that’s not possible, add a desk lamp or floor lamp to brighten your space. Not only will it help with visibility; it brightens your mood, which helps you to be more productive.
Remove distracting clutter. Take everything off your desk that you don’t need. Store it elsewhere or use shelves on your wall to display it.
If you find yourself cleaning throughout the day, set aside time specifically for these tasks. If you’re still waking up at the same time you did when working at the office—which studies show is a great strategy when working from home—using your would-be commute time to tidy up helps avoid those periodic distractions.
Bring the Outdoors In
Bringing plants into your home is beneficial for productivity and health alike. Greenery is a natural mood booster and gives life to a room. Plants naturally purify the air, helping you breathe easy as you make your way through the workday.
Change Your Chair
A chair that’s too tall, too short, or not comfortable is a fast track to back and shoulder problems that inhibit your workday and linger afterwards. Being in a stationary position for hours at a time requires the right kind of support to stay productive. Features to look for in a quality office chair include proper lumbar support, sturdy wheels, and an adjustable base that allows your shoulders to relax and your feet to rest flat on the floor.
It’s important to keep your home office professional and dedicated to your work. However, adding personal touches to the space will help you feel at ease. Position your work computer and phone front and center with any related work tools close by and handy. Adding pictures of loved ones, artwork, and inspirational quotes will help inspire you to generate ideas while working productively.
Posted in Living by Sandy Dodge
Over the past several months Windermere Real Estate has supported our local local communities, assisting front line medical staff and local food banks.
Windermere brokers and staff raised over $17,500 to buy meals for medical staff on the front lines at EvergreenHealth Medical Center. Those funds purchased 1,200 meals from local restaurants – just a small token of our appreciation for all they do, and continue to do.
For the past 35 years Windermere Real Estate offices have closed on the first Friday in June for our annual Community Service Day so our 9,000 member team can head into our local communities to volunteer. This year, due to COVID-19, the decision was made to replace Community Service Day with a fundraising challenge to help local food banks and the people they serve. The Windermere Foundation pledged to match every dollar raised, up to $250,000, with the goal of donating $500,000 to food banks in the communities where we live and work. We are thrilled and appreciative to all those who donated, raising a total of $690,000 for local food banks.
WINDERMERE . . . COMING TOGETHER TO SUPPORT OUR LOCAL COMMUNITIES.
Matthew Gardner offers insight into how the coronavirus pandemic may impact urban housing, condos, single family housing, suburbs, second homes and short term rentals.
It’s not surprising to know home sales declined in mid-March as we sheltered at home. Moving into mid-April both buyer activity and pending sales began increasing, all while home prices remained strong. Nationally median home prices rose in every region of the US in April.
Locally buyer activity and home values also gained momentum. Short market times and multiple offers were more common by late April, especially in affordable price ranges. Even the high end market, hit harder by the health crisis and volatile stock market, began to recover with more expensive homes coming back into the market.
What can we expect for the local condo market this summer? Over the last 30 days 131 condos in the Eastside marketplace have sold. The average time on market was just 15 days with an average sales price of $620,420. The average sale price vs. list price was 100.08% with 78 of those 131 homes selling at or over the list price. Condos currently under contract with sales pending have been on the market an average of just 14 days. As reported by the Mortgage Bankers Association and National Association of Realtors®, buyer mortgage loan applications are up for the fourth consecutive week – a strong indication buyers are back in the market and ready to take advantage of record low interest rates.
Recovery of the local economy will have an impact on the real estate market as we move toward summer. Based on buyer activity and mortgage applications, as we find our “new normal” it’s clear buyers are ready to step into home ownership. Available housing inventory is still lagging behind compared to the same time last year. It remains to be seen if there will be enough housing inventory to meet buyer demand this summer. Low inventory will certainly keep pressure on prices resulting in fewer discounts in the marketplace.
I’ve lived in Bellevue for over 30 years and downtown for the past dozen years. During the past several weeks of stay home/stay healthy I’ve logged a lot of miles around downtown Bellevue, often accompanied by two spoiled dogs. I know this city pretty well but have been surprised by the the pocket parks, public plazas and courtyards in commercial spaces and viewpoints I’ve discovered for the first time. And while currently closed, I’ve also found new coffee, dining and dessert options to put on my list to try this summer.
It’s going to be a beautiful weekend with summer-like weather predicted for several days. Wherever you live, take advantage of the sunshine and reduced traffic – ride your bike, take a walk, walk the dog, explore your neighborhood, investigate the city, visit the Botanical Gardens or Downtown Park or one of several lake front parks. You may be surprised by what you find.
Happy Mother’s Day to all the moms, grand-moms, great grand-moms and dog and cat moms.
Due to the extension of Washington State’s stay home/stay healthy order, the opening of the Bellevue Farmers Market has been delayed. This year the market will have a soft opening. Beginning on May 14th and again on May 21st and May 28th, pre-ordered produce boxes will be available for drive-through pick-up from 3:00 – 6:00 PM on those dates. Flowers and eggs may be added to the produce box order. (PLEASE NOTE – The inaugural Bellevue Farmers Market Box has sold out for May 14th. Orders can still be placed for May 21st and 28th. Visit the website for order deadlines.)
Visit bellevuefarmersmarket.org for information on how to pre-order, order deadlines and instructions for pick-up. Order early, as supply will be limited.
Opening day for the weekly market is scheduled for Thursday, June 4th from 3:00 – 7:00 PM. The market site at the First Presbyterian Church offers ample free parking.
Bellevue Presbyterian Church
1717 Bellevue Way NE
Bellevue, WA 98004
These are interesting and complex times. As the COVID-19 pandemic continues to develop, brokers are following strict recommendations from public health officials and government agencies to ensure we are helping to reduce its impact. Ensuring that agents, office staff and clients are safe and healthy is the top priority.
Real estate is still happening – homes are still being listed for sale and buyers are still purchasing those homes, exhibiting a surprising high level of interest. Matthew Gardner provides good information and perspective on the current market and the health crisis vs. the housing crisis experienced in 2008.
I work from home frequently, so the adjustment to a home office over the past month hasn’t been a major change for me. I don’t have children living at home, so I can’t imagine the challenges of balancing working from home full time, parenting 24/7 and taking on the role of teacher. These new routines, along with the isolation can, no doubt, feel overwhelming.
I’ve found it helpful to stay in daily contact with family and friends, clients and business associates. We’ve shared frustrations, questions, fears, stress and anxiety, humor and ideas to help us find a path through these uncertain times. Virtual happy hours have kept us laughing and we’ve all decided to never hoard but always have ample TP in the house. (I still don’t understand the TP hoarding.)
A haircut would be such a luxury. No spa day for me, so no spa day for the pups either. Trimming a dog’s nails is a workout and it’s become very clear that dog grooming is not on my professional horizon. The groomer always says the dogs are well behaved during their visit – how does she do it?
The amazing weather has been helpful, providing the opportunity to spend time outdoors, appreciate the sun and see the day-to-day changes as azalea, rhododendron and cherry blossoms explode. Fresh air and sunshine can definitely put a smile on your face.
It will be a few more weeks until we begin to see life slowly return to normal. Stay safe. Stay healthy. Before you know it, July 4th and summer will officially be here.
During the shelter-at-home order in Washington State, board or HOA meetings are currently prohibited. This may create complications for homeowner associations trying to conduct business that needs a majority vote regarding matters impacting the HOA and owners.
Homeowner/community associations are required to follow their governing documents when handling association matters. This includes owners and directors voting on association matters which is most often done in person. Due to the COVID-19 pandemic and stay-at-home order, the Governor of Washington has amended the Emergency Proclamation to address issues relating to homeowner/community associations.
- Owners and directors in homeowner/community associations are permitted to vote on association matters by mail, electronic mail and proxy, even if the association’s governing documents do not permit them to do so.
- Owners and directors in homeowner/community associations may attend meetings by conference phone call or other similar communication that allows all participants to hear each other at the same time, even if the governing documents do not permit them to do so.
- The Emergency Proclamation prohibits homeowner associations from charging owners late fees and interest on delinquent assessments and from imposing fines on owners for violating their governing documents.
This proclamation expires at 11:59 PM May 17, 2020.