Blog Happening on the Eastside: October 2023 Kids are back in school, the rains have arrived, and we’re starting to see leaves turning …autumn is upon us. If you’re looking for all the best ways to take advantage of true fall here in the Pacific Northwest you’ve come to the right place. Each month we put together a comprehensive calendar of special […]
Blog Are More Homes Coming onto the Market? An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early signs that more listings […]
Blog Local Market Update: September 2023 As summer draws to a close, the local housing market remains somewhat unsettled. This is due to persistently high interest rates that have caused buyers to pause and sellers to hold onto their pandemic-era mortgage rates, as well as low inventory increasing competition for the available listings. Sold home prices in some areas have begun […]
Blog How To Know If You’re Ready to Buy a Home   If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are […]
Blog Happening on the Eastside: September 2023 Days are starting to get shorter, kids are heading back to school, and temperatures are slowly beginning to drop. If you’re already missing the excitement and fun of the summer months, don’t worry we’ve got you covered. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like […]
Blog Why Median Home Sales Price Is Confusing Right Now August 21, 2023 The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if […]
Blog Local Market Update: August 2023 The dog days of summer are upon us, and along with stifling heat comes a sluggish market. High interest rates and a dearth of available inventory are driving prices up and slowing sales across the region. One major contributor to the low supply of homes is the phenomenon of homeowners protecting their sweet pandemic-era mortgage […]
Blog Housing Market Forecast for the Rest of 2023 Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth. Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool. Even though low inventory continues to be a challenge, […]
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Blog The Gardner Report: 2nd Quarter 2023 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. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent. REGIONAL ECONOMIC OVERVIEW […]
Blog Happening on the Eastside: August 2023 If you’re looking for great ways to take advantage of these last few weeks of summer with some fun activities or if you’re planning your summer trip you’ve come to the right place. Every month we put together a comprehensive list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, […]
Blog Momentum Is Building for New Home Construction If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built home is […]
Blog Local Market Update: July 2023 This summer’s local housing market is seeing low inventory feed higher prices, putting the squeeze on would-be buyers. June is typically the month where home prices reach their apex, and last month was no exception as King and Snohomish counties’ prices neared the peaks seen during the sugar high of the pandemic market. Approximately 80% […]
Blog Today’s Housing Inventory Is a Sweet Spot for Sellers   One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in […]
Blog Happening on the Eastside: July 2023 There is no shortage of fun to be had when the warm weather hits the Pacific Northwest. July is packed full of events of every kind, so if you’re looking for ways to make the most of this next month, you’ve come to the right place. Each month we put together a comprehensive calendar of […]
Blog Real Estate Is Still Considered the Best Long-Term Investment With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph […]
Blog Local Market Update: June 2023 The more frenetic activity of a typical spring real estate market has certainly hit our area, with buyers out in droves looking for homes. What they’ve found, however, is high competition and scant listings. The region’s low housing inventory has been a constraint that has resulted in fewer closed sales than we’ve seen in recent […]
Blog This Real Estate Market Is the Strongest of Our Lifetime When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current […]
Blog Happening on the Eastside: June 2023 Summer is upon us! We’ve had so many warm, sunny days and more on the horizon. This is THE time of year to make the most of what the PNW has to offer. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond […]
Blog The Worst Home Price Declines Are Behind Us If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very different and much more positive […]
Blog Why Today’s Housing Market Is Not About To Crash There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very different than it was […]