All posts by Laurie Way

Happy International Women’s Day!

international women's day


Here are some quotes from some amazing women in honor of all women!

 “Optimism is the faith that leads to achievement.” – Helen Keller

“When the whole world is silent, even one voice becomes powerful.” – Malala Yousafzai

“Knowing what must be done does away with fear.” – Rosa Parks

“Power’s not given to you. You have to take it.” – Beyoncé Knowles Carter

“The most difficult thing is the decision to act, the rest is merely tenacity.” – Amelia Earhart

“I’d rather regret the things I’ve done than regret the things I haven’t done.” – Lucille Ball

“It took me quite a long time to develop a voice, and now that I have it, I am not going to be silent.” – Madeleine Albright

“Step out of the history that is holding you back. Step into the new story you are willing to create.” – Oprah Winfrey

“Spread love everywhere you go. Let no one ever come to you without leaving happier.” – Mother Teresa

“Women will only have true equality when men share with them the responsibility of bringing up the next generation.” – Ruth Bader Ginsburg

What a blast!


I recently attended the annual Coldwell Banker Bain Manager meeting at the beautiful Alderbrook Resort and Spa in Union Washington. The grounds are lovely with amazing views, an expansive lawn, and oysters for days! It was so amazing to see all the Principal Managing brokers and assistants together in one location. We all have so much to learn from one another, and rarely will you catch us all in one place!  We had a lovely time! We had a boat ride, some power meetings, and some fun relaxing time to explore the natural beauty around us. I am so proud to be part of such an amazing team here at CBBain Lake Union!

-Can’t wait for the next one!


Laurie Way is now a Certified International Property Specialist!

What can my CIPS designation do for my clients?

Global transactions are significantly different and more complex than domestic deals. From currency issues and financing to visa and tax laws, working with a REALTOR® who knows how to handle these differences can make or break a real estate transaction. Because of these nuances, it is essential to work with a knowledgeable and trusted professional, such as Laurie Way, a CIPS designee.

What is the CIPS Designation?

A Certified International Property Specialist (CIPS) designee has undergone specialized training to complete global transactions seamlessly and with reduced risk

The CIPS designation is the only international designation recognized by the National Association of REALTORS®. Only REALTORS® who have completed the coursework and demonstrated considerable experience in global business can call themselves a CIPS designee, and use the name and logo.

My certification is valuable because I have training in:

  • Currency and exchange rate issues
  • Cross-cultural relationships
  • Regional market conditions
  • Investment performance
  • Tax issues

I can now help  clients do business in over 45 countries, and ensure that the client will receive the same level of service no matter where the real estate transaction is.**

**Resources: National Association of Realtors Website.

Want to score big with your loved one on Valentine’s Day?

I just think this is so cool I needed to share!

Skip the roses and candy this year. The Space Needle’s “Love is in the Air” fundraiser returns, offering lovebirds a chance to take their love to new heights on Valentine’s Day! For a $100 donation to benefit the American Heart Association, donors’ laser-created love notes will be projected onto the Space Needle’s (northwest facing) legs, located 300-400’ in the air. The American Heart Association will receive 100% of the donations raised. 

Each “Love is in the Air” message will be shown between 6pm and 10pm on Wednesday, Feb. 14. Want to make special plans around the timing of your message? You will now have the option to select a time slot for your message to appear! Timeslots are limited, so be sure to submit your message early. Limited to the first 800 messages submitted, each note is restricted to a maximum of 40 characters (including spaces) and must be received by 4pm on Monday, February 12.

Click on the picture below to send your sweetheart a over-the-top valentine message AND help the American Heart Association!

Eastlake: Open House Sunday January 14 1-4PM


2517 Yale Ave E, Seattle 98102-3207

Watch the seaplanes land on Lake Union as you sip your morning coffee. Gaze at the iconic Space Needle from one of two decks in this spacious luxury townhome. Chefs kitchen boasts Sub-Zero, Viking and Bosch appliances. Laundry & ensuite bath for both bedrooms. Central A/C. Garage. Fenced patio/garden. Space off master bedroom could be office or nursery. Minutes to Amazon, freeways, UW, many restaurants. 2 blocks to Lake Union.




Each year I take time to review what has happened during the year and to look forward to predict what is in store for real estate.  Below are my predictions for the 2018 real estate market, based on data that was available at the time this was written:

Interest Rates – With the Tax Reform Bill and new infrastructure, I expect interest rates to rise. A climb to 4.0%-4.5% is probable but it is possible that if the economy grows at a good clip next year, we could see rates as high as 5%. I believe the average for the year will be about 4.6%. Although this rise will cause some buyers to regroup, it will not be enough to make a strong market shift and cause buyers to leave the market in droves.

Home Price Growth – With double digit percentage price increases in many markets across the country in 2017, I believe we will move back to price inclines below 10% in those busy markets. In fact, I foresee that the average for those areas that did see such strong increases in 2017 will scale back to about 4-7% gains in 2018. Nationally, I expect prices to increase about 3.2%. Although we still have significant challenges with our inventory, incomes cannot sustain the rapid price growth we have seen regionally over the last few years, and therefore, prices will not rise as quickly. 

New Construction – There is still a severe shortage of new construction. Our country needs about 1.5 million new starts per year to maintain inventory, but since 2009, we have been short a cumulative almost 6 million units. This is one of the primary causes of our inventory shortage and what is driving prices up – demand outweighs supply. Local issues in many areas such as zoning and water rights are also capping new construction opportunity. In addition, the cost of building supplies is causing problems for our builders and I expect this problem to worsen in 2018. Since the market correction, we are still not back up to the 1.5 million starts needed (2016 projection is 1,173,800 units), so our new construction inventory crisis will continue until we can replace the six million units we are short AND get back on track to 1.5 million starts per year.  I don’t foresee us making gains in this category in 2018.

Housing Inventory –  Although there are improvements in this category because we are adding some new housing units, it may take years or more for inventory levels to get back to a balanced level. Our inventory shortage was caused by a shortage of housing starts that began during the recession as outlined above. We will continue to see inventory challenges until new construction picks up even further. Additionally, I predict that more buyers will be entering the market for a home as our economy is strong with low unemployment, which I suspect will get even lower due to our economy. According to the Bureau of Labor Statistics, the national unemployment rate stands at 4.1% for November 2017, which is the lowest it has been since December of 2000. I predict unemployment to be in the high 3% range by the end of 2018. High demand and low amounts of new construction means a continued inventory crunch, although a rise in interest rates may relieve this demand a touch.

Furthermore, I am often asked when the bubble will burst or we will see another crash. I do not foresee this in the upcoming year. Although we are seeing prices rise quickly, the conditions that our national market is facing now are not the same as what we saw just a decade ago. There isn’t the easy access to credit as was before the last crash when banks were more de-regulated. There aren’t enough new or resale home to satiate current demand, unlike the building boom of the mid-2000’s. Buyers are not over-leveraged and, in many cases, have to put more cash down to compete in multiple-offer situations allowing buyers to start in a higher equity position. Based on our history and the facts that are in front of us, I don’t believe another crash is likely at all.

I am excited for what 2018 has in store! For additional information and predictions on our local market, please call me: (206) 216-3440 or send an email to