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Blog Happening on the Eastside: July 2022 With summer upon us, it’s the perfect time to get out and take advantage of the weather! Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond with everything from beer festivals and fireworks shows to live music and business fairs! If you’re […]
Blog Seattle/Bellevue Among the 10 Hottest Housing Markets of 2022 The highly competitive Bellevue-Seattle-Tacoma metro is likely to stay that way for at least another year, according to a recent study from Realtor.com that identified the 30 hottest markets for 2022. Our market landed at number 8 on the list. The study ranks metros based on the combined forecast of year-over-year price growth plus increase in unit […]
Blog Local Market Update – June 2022 The tides of our local real estate market may at last be shifting, as buyers find relief in increasing inventory and the frenetic pace of sales slows noticeably. At the end of May, inventory across the 26 counties served by the Northwest MLS had increased by 59%, with 8,798 active listings in the database, compared […]
Blog What Are the Best Options for Today’s First-Time Homebuyers? If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold. If you partner with a trusted real estate […]
Blog What Does the Rest of the Year Hold for the Housing Market? If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is […]
Blog Happening on the Eastside: June 2022   We made it to summer! After a record-cold spring, I know we’re all looking forward to the sunshine and warmer temperatures ahead. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond with everything from art walks and fun runs to beer […]
Blog Local Market Update: May 2022 After a long stint of suppressed housing inventory across our region, buyers may at last have more options as the supply of available homes ticks up ahead of the summer market. The month-over-month increase in inventory has been as much as 50% in some areas, offering renewed opportunities for those buyers who are not dissuaded […]
Blog Will Home Prices Fall This Year? Here’s What Experts Say. Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price appreciation […]
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Blog The Gardner Report: 1st Quarter 2022 The following analysis of select counties 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 Real […]
Blog Happening on the Eastside: May 2022 Spring is in full swing – festivals, street fairs, Mother’s Day events! May is packed with great ways to get out and enjoy the gorgeous weather while it’s here. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond with everything from art […]
Blog Where Are Mortgage Rates Headed? There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” […]
Blog Local Market Update: April 2022 The spring market continues its frenzied pace, with soaring prices and stiff competition testing the resolve of buyers. Despite these obstacles and rising mortgage rates, inventory remains low across King County, as pending sales keep pace with new listings, demonstrating a strong demand from buyers. This demand has factored into the way sellers are approaching […]
Blog What’s Happening with Mortgage Rates, and Where Will They Go from Here? Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to […]
Blog Happening on the Eastside: April 2022 The days are longer, the sun is out (more), and temperatures are raising. If you’re looking for fun and unique ways to get out and stay active this spring you’ve come to the right place! Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, […]
Blog This Spring Presents Sellers with a Golden Opportunity If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the best of both worlds […]
Blog Windermere Insights: How Homebuyers Can Succeed in 2022 With continued low inventory and appreciating home prices, the King County real estate market has favored sellers for some time. This year appears to be no different, with homes scarce in Seattle and on the Eastside, the cost of new construction skyrocketing due to the price of land, materials and labor, and the inventory of […]
Blog Local Market Update: March 2022   As we head into the traditionally busy spring season for homebuying, the market seems to be keeping up its intense pace, with low inventory across the board and multiple offers the norm. A marginal increase in listings across King and Snohomish counties has done little to counter fierce buyer demand, with certain areas on […]
Blog 4 Simple Graphs Showing Why This Is Not a Housing Bubble A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the […]
Blog Happening on the Eastside: March 2022 Spring is finally here and it’s bringing with it longer days and (at least a little) more sunshine! We’ve rounded up this month’s best ways to take advantage – get out and enjoy! Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond […]
Blog Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very Strong According […]