Real Estate 98,000 Homes Needed by 2030? Yes, it’s true. We’ll need an additional 98,000 homes in the Seattle area by 2030 according to a new report from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA). We have seen many comparisons of the yearly and monthly increases in dwelling spaces, but now we have a glimpse of how […]
Real Estate Windermere Neighborhood Update – June 2017 The hottest real estate market in the country just keeps getting hotter. Despite a large number of new listings, home prices in the Puget Sound area continued to set records in May. According to a Seattle Times article, “For the first time since the 2007 housing bubble, every county in the central Puget Sound region […]
Press Financial Fitness NW Broadcast Last week, I visited the Financial Fitness NW studios to share my expertise on buying new construction homes, and what the process typically looks like. If you missed my live broadcast, you can listen to it here. I would love your feedback!
Real Estate Windermere Neighborhood Update – May 2017 The local real estate market—already the hottest in the country—set yet another price record in April. The number of homes for sale dropped 27 percent compared to a year ago, the lowest amount of inventory ever recorded for a spring month. The historically low supply of homes is making competition among buyers fierce. Sellers are […]
Real Estate Here’s Your Spring Maintenance Checklist Now that spring has sprung, let’s clear the cobwebs and get your home ready! Here is our quick guide to spring home maintenance: Inspection top to bottom: Now that the weather is temperate you will want to check on how your home weathered the winter. Check the roof for leaks, the gutters for damage, and the […]
Real Estate Windermere Neighborhood Update – April 2017 While we finally saw an increase in new listings in March, there was an even greater jump in sales. Lack of supply continued to push prices to new record highs. For the fifth straight month, our region has experienced the sharpest home price increases of any major market in the country. While that may be […]
Real Estate How Seller Gridlock is Controlling Seattle’s Housing Market The typical winter cooldown is over and it seems like a scorching spring housing market is already underway in the greater Seattle area. Recent statistics reported by The Seattle Times show “home prices in Seattle have nearly doubled over the last five years,” while the number of homes for sale has hit its lowest point […]
Real Estate Windermere Neighborhood Update – March 2017 Home prices are growing faster in our region than anywhere else in the country. After a brief slowdown last month, home prices in February jumped to new record highs. The reason? The lowest number of homes for sale on record. The surge in prices came well ahead of the normal seasonal spring uptick, adding even […]
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Real Estate Windermere Foundation By the Numbers For the past 28 years, the Windermere Foundation has been helping those in need in our communities through donations to local organizations that provide services to low-income and homeless families. In 2016, the Windermere Foundation raised over $2.2 million in donations, bringing the total to over $33 million raised since it started in 1989. Last […]
Real Estate Four Reasons Why Dodd-Frank Will Not Be Repealed Many worry about the current administration’s pledge to remove regulations relating to financial services and the rollback of the ‘Dodd-Frank Wall Street Reform and Consumer Protection Act’. For those who may be unaware of this very substantial bill, it represented the most comprehensive financial regulatory reform measures taken since the Great Depression, and was a result […]
Real Estate Windermere Neighborhood Update – February 2017 The local real estate market remains very hot with extremely low inventory and prices that are rising faster than anywhere else in the country. However, that rate of price growth appears to be cooling from last year, dropping to its slowest pace in three years. Predictions of more interest rate hikes may further limit price […]
Real Estate Windermere Foundation Raises $2,246,829 in 2016 The Windermere Foundation had another banner year in 2016, thanks to the continued support of Windermere franchise owners, agents, staff, and the community. Over $2.2 million was raised in 2016, which is an increase of seven percent over the previous year. This brings our total to over $33 million raised since the start of the […]
Real Estate To FSBO or Not? Have you considered selling your home on your own? There’s no doubt it’s a seller’s market. You’ve been watching Zillow and homes are selling quickly, many within the first week of being listed. How hard can it be? I was recently showing buyers homes in Renton. We drove past a “For Sale By Owner” sign […]
Real Estate Windermere Neighborhood Update – January 2017 A record low number of houses for sale in December indicates that 2017 will continue to be a very competitive market for buyers. The good news: those who decide to take the plunge and list their home can count on getting a premium price for their property. Brokers reported that about three-fourths of the homes […]
Real Estate Windermere Neighborhood Update – December 2016 Buyers spooked by a spike in mortgage interest rates gave rise to the busiest November for homes sales in over a decade. Prices rose accordingly. Case-Shiller ranked the area as the housing market with the fastest rising prices in the country. Sellers can expect to get a premium for their homes as we move into […]
Real Estate Local Holiday Light Shows Ready to lift your spirits? Shimmering light shows are a brilliant way to celebrate the winter holiday season. Grab a warm coat and go exploring in gardens, zoos and even on the water. Here are five local venues that are worth braving the cold to see… 1. WildLights at Woodland Park Zoo 5500 Phinney Ave. N, Seattle […]
Real Estate Windermere Neighborhood Update – November 2016 Home sales outgained new listings again in October, further squeezing already tight inventory and pushing prices higher. Since new listings traditionally decrease in the fall, that inventory shortage is expected to last until spring. Sellers willing to put their home on the market now can expect plenty of interested buyers, and a highly favorable chance […]
Real Estate The Trump effect. How will it impact the US economy and housing? The American people have spoken and they have elected Donald J. Trump as the 45th president of the United States. Change was clearly demanded, and change is what we will have. The election was a shock for many, especially on the West Coast where we have not been overly affected by the long-term loss in […]
Real Estate The Gardner Report Q3 2016 The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. Economic Overview Annual employment growth […]
Real Estate Windermere Neighborhood Update – October 2016 At a time of year when sales traditionally slow down, September saw particularly strong sales growth. Home prices rose yet again compared to the same time last year, but they remain below the peak of several months ago. And inventory, while still low, is at its highest level in two years. The local real estate […]