Uncategorized

Real Estate, Uncategorized

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, Uncategorized

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 […]
Real Estate, Uncategorized

Millennials Are Buying the American Dream

Contrary to some predictions, Millennials are making owning a home a priority. While they’re buying their first home a bit later than prior generations, they’re embracing the long-term value that home ownership brings. 1) Millennials are dominating the first-time homebuyer category today. The median age of first-time homebuyers is 31, according to a National Association […]
Real Estate, Uncategorized

Windermere Neighborhood Update – September 2016

While homes prices were up by double-digits compared to a year ago, the market frenzy that has affected most of this year is showing some signs of moderating. With the exception of the Eastside, prices for most of the region were down from their peak. Home sales generally outpaced the same period a year ago, […]

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 […]

Real Estate Millennials Are Buying the American Dream Contrary to some predictions, Millennials are making owning a home a priority. While they’re buying their first home a bit later than prior generations, they’re embracing the long-term value that home ownership brings. 1) Millennials are dominating the first-time homebuyer category today. The median age of first-time homebuyers is 31, according to a National Association […]

Real Estate Windermere Neighborhood Update – September 2016 While homes prices were up by double-digits compared to a year ago, the market frenzy that has affected most of this year is showing some signs of moderating. With the exception of the Eastside, prices for most of the region were down from their peak. Home sales generally outpaced the same period a year ago, […]

Real Estate Help for Buying a Home Now Think you can’t afford to buy a house? There are a number of programs that can help make the dream of buying a home a reality. You don’t need to put 20% down. Fannie Mae and Freddie Mac have down payment requirements as low as 3%. If you’re a vet or active military, a VA […]

Real Estate Mortgage Rate Predictions Drop Freddie Mac economists have lowered their mortgage rate predictions for the remainder of 2016 and even into 2017. It looks like potential home buyers and home owners are going to be able to take advantage of low mortgage rates for a bit longer than previously estimated. Mortgage Rate Predictions & Brexit We have already discussed […]

Real Estate Windermere Neighborhood Update – August 2016 Home prices are still on the rise compared to a year ago, but there is some indication that prices are moderating. Combine that with an increase in inventory and we may be seeing some relief for buyers. Time will tell whether this is a momentary breather, or if we’re slowly moving to a more balanced […]

Real Estate Our Historic Population Growth Residents of the greater Seattle area have all been feeling the pressures of population growth over the last several months. Not only are we seeing increased activity in the housing market, but plenty are moving to our area to take advantage of the economy, new technology jobs, quality of life, and more. A new study […]

Real Estate Windermere Neighborhood Update – July 2016 Despite an uptick in inventory, home prices hit new records in June yet again. A national study showed that home prices are rising faster in Washington than any other state. While lower interest rates provide some relief for buyers, sellers are the real winners. The increase in inventory indicates that more homeowners are starting to […]

Real Estate What We Know (and Don’t Know) About the Impact of Brexit The decision of the British public to leave the European Union is a historic one for many reasons, not least of which was the almost uniform belief that there was absolutely no way that the public would vote to dissolve a partnership that had been in existence since the UK became a member nation back […]

Real Estate Homebuilder Sentiment Rises in June As Americans are starting to feel more optimistic about purchasing homes, homebuilders are feeling hopeful about their sales. This is a welcome relief after a weak start to the spring home-selling season. During that time both parties were concerned about their prospects in the housing market. A recent article from The Seattle Times discusses the causes […]

Real Estate Windermere Neighborhood Update – June 2016 House hunters looking for relief from soaring rents continued to snap up homes at a record pace in May. By one analysis, 80 percent of the homes coming on the market in King and Snohomish counties sold within the first 30 days – many within the first week. With a severe lack of inventory in […]

Real Estate Windermere Neighborhood Update – May 2016 The supply of homes for sale in April was up over March, indicating that more sellers are deciding to list their homes. But with less than a month of inventory available in the area, it’s still a seller’s market. While prices were up over last year, the increases aren’t as lofty as they were in […]