Local Market Update – October 2018
It appears that balance is slowly returning to the local housing market. Home price growth slowed in September. Inventory continued to climb, but is still far short of the four to six months that indicate a normal market. Homes are staying on the market longer, giving buyers the breathing room […]
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Local Market Update – September
The number of homes for sale in August increased dramatically over the same time a year ago. This is the result of a moderate increase in new listings and a much slower pace of sales. Homes are staying on the market longer, giving buyers more choices and more time to […]
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What’s Really Happening in the Housing Market?
Our housing market is finally cooling a bit, from scorching hot to slightly-less-sweltering. While some alarmists are talking bubble or impending crisis, the statistics tell a different story. The market does appear to be shifting, and that’s good news! The steep price increases of the past few years are not […]
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The Eastside Market Review – Second Quarter
The Eastside Market Review is now available for the second quarter of 2018. Read the full report online by clicking the image below. This post originally appeared on the WindermereEastside.com Blog.
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Local Market Update – Aug 2018
For the first time in years, the real estate market is finally starting to deliver good news for buyers. The region experienced its third straight month of significant growth in inventory. Homes are sitting on the market longer, prices are moderating, and multiple offers are becoming more rare. Despite the […]
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The Gardner Report – Q2 2018
The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. Economic Overview The Washington State economy added 83,900 new jobs over the past 12 months, representing […]
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How Will the Real Estate Market Respond to Rising Interest Rates?
Windermere Real Estate’s Chief Economist, Matthew Gardner, walks us through what to expect from the real estate market amidst rising interest rates. This post originally appeared on the Windermere.com Blog.
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Commute vs. Home Price Trade-Off: How Far Are You Willing To Drive?
Would you be willing to swap a longer commute time for a lower monthly mortgage payment? With prices of homes near city centers skyrocketing, many buyers are rethinking their priorities and choosing to “keep driving until they can afford it.” Housing Search Trade-Off: Price vs. Commute Time Windermere examined active […]
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What to Expect From Property Taxes in Washington State in 2018-2019
Why have property taxes gone up so much in Washington State this year and what can we expect them to do in 2019? Windermere Chief Economist Matthew Gardner answers the question that many homeowners are asking. This post originally appeared on the Windermere.com Blog.
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