Gerhard Ade covers Real Estate around Seattle and more.

In the United States, we celebrate milestones. It begins with graduation from Kindergarten. In Germany, only PhDs celebrated with cap and gown when I grew up there.

When I graduated with a master’s degree in applied arts from college in Switzerland, there was no ceremony. To celebrate the occasion, our graduating class of nine went on a trip to the Alsace for some Riesling and local cheese.

We’ve just come back from a vacation to Houston and Florida. I still feel like I am on vacation so this newsletter is shorter than usual.

If you were planning to buy a condo or home in a suburb of Seattle, Houston, or Sarasota, what would $750,000 buy? I did a quick search and here are the results. The prices and pictures link to the details on Realtor.com.

Seattle Suburb

Price: $799,000
Bellevue, WA, 2 Bedroom, 2.5 Bathroom, 1,640 square feet, condo

I told you so…

May 13, 2022
Gerhard Ade on Instagram

Are we seeing👀 the beginning of a downward📉 shift in pricing? The number of 🏡homes with reduced ⏬listing prices has grown over the past five weeks.

May 27, 2022
Redfin CEO on CNBC’s Closing Bell

Redfin CEO Glenn Kelman has read the tea leaves, and according to him, the tides may finally be turning in homebuyers’ favor after two years of record-shattering home price growth.

This month marks my 20th year in the real estate business. Records show that I received my license on April 10, 2002.

Let’s celebrate!

This calls for a celebration. It also calls for several thank-yous. First, thanks to my wife, who knows me better than anyone else. She was at my side for 26 years through the highs and lows of my first career until the sudden end. Now add to that another 20 years. You do the math.

Numbers, that is dollars, come to mind when I think of the early years. Back then, it was the backing from my father-in-law that bridged the gaps here and there. Heavenly thanks, Alec!

Brick and Mortar Friends and Events

My following thank-you goes to my dear friend Bob whom I met at the junction of my former career and the new one. He helped me with some freelance work in the former and introduced me to the Northwest and the world of classic car collectors. As a native, his knowledge of the local history, current events, and geography directed my work in many circumstances. Before online navigation at my fingertips, he was the best GPS around.