Real Estate Windermere Neighborhood Update – November 2017 Prices in our area have now been rising faster than anywhere in the country for twelve months. Sellers seem to be getting the message that now is a good time to put their home on the market. There was an increase in new inventory in October, but with homes selling rapidly, there still aren’t enough […]
Real Estate The Gardner Report – Third Quarter 2017 Economic Overview The Washington State economy added 79,600 new jobs over the past 12 months—an impressive growth rate of 2.4%, and well above the national growth rate of 1.2%. However, as we anticipated in last quarter’s report, we continue to see a modest slowdown in the growth rate as the state grows closer to full […]
Real Estate Windermere Neighborhood Update – October 2017 While it is true that inventory remains tight, in many areas buyers are experiencing less competition for available homes. A well-crafted offer remains the key to their success. Pricing correctly is critical during this seasonal slowdown and sellers who heed this advice continue see strong interest and, in some cases, multiple offers. Eastside The median […]
Real Estate Why You Shouldn’t Wait to Buy a Home If you’ve been looking to buy a house, it’s easy to get discouraged. With our local real estate market still the hottest in the country, a lot of buyers have become frustrated after losing out to multiple offers and all-cash sales. While some buyers are considering waiting out the market, here is why that’s not […]
Real Estate What to Do About the Equifax Security Breach You have no doubt heard by now that 143 million U.S. consumers have been affected by the Equifax security breach. It is very likely that you or someone you know has been included in this breach. There are a number of sources you can reach out to in order to confirm the safety of your […]
Real Estate Windermere Neighborhood Update – September 2017 High demand and low supply made it the market’s hottest August since records began in 2000. Sparse inventory was again the norm, as were multiple offers. However, brokers are cautioning sellers to price their homes correctly. Most buyers have been in the market a long time and are well educated. Overpriced listings are not getting […]
Real Estate Eastside Market Review – Second Quarter 2017 Windermere’s Eastside Market Review is now available for the second quarter of 2017. You can read the full report online by clicking the image below.
Real Estate Windermere Neighborhood Update – August 2017 Instead of experiencing the typical summer seasonal slowdown, the real estate market in July was as hot as the weather. For yet another month, our area had the distinction of seeing home prices rise faster than any other market in the country. Buyers were hit with a double whammy – soaring prices and the continuing […]
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Real Estate The Gardner Report – Q2 2017 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 The Washington State […]
Real Estate Windermere Neighborhood Update – July 2017 It was another month of record-setting home prices in June as the area yet again took the prize for the hottest real estate market in the country. In a bright spot for buyers, the number of new listings added in June was the highest total for any single month since May 2008. While inventory is […]
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 […]
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 […]