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Blog Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to continue […]
Blog Happening on the Eastside: March 2021 Each month, we bring you the up-to-date list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond, and despite our current state of affairs we’re feeling the importance of connection, now more than ever. During these strange quarantimes, we’ve put together an online/virtual events calendar sprinkled with a […]
Blog Local Market Update: February 2021 Local Market Update – February 2021 This winter’s real estate market is looking more like a typical spring market. Sales were up, competition was fierce and prices continued to rise. Lack of inventory still presents a huge issue. At the end of January there were only 1,055 single-family homes on the market in all of […]
Blog 3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. […]
Blog The Gardner Report – Fourth Quarter 2020 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 […]
Blog Why Right Now May Be the Time to Sell Your House The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. […]
Blog Local Market Update: January 2021     The end of 2020 marked a most unusual year, and the real estate market was no exception. While homes sales usually take a holiday during December, this year saw the continuation of an exceptionally strong and competitive market. New listings, closed sales and home prices all went up. With supply nowhere close to […]
Blog What Does 2021 Have in Store for Home Values? According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently elevated throughout 2020. Home sales […]
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Blog Four Expert Views on the 2021 Housing Market The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I think rates will […]
Blog Happening on the Eastside: January 2021 The New Year is upon us and stay-home order or not there’s still fun in store. Each month, we bring you the up-to-date list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond, and despite our current state of affairs we’re feeling the importance of connection, now more […]
Blog Matthew Gardner’s 2021 Housing Forecast   Hello and welcome to this rather special episode of Mondays with Matthew. I’m Windermere Real Estate’s Chief Economist, Matthew Gardner.   Now, if you wonder what’s special about this particular episode, well the answer is twofold.   Firstly, I started these videos at the onset of the COVID-19 epidemic back in March and this […]
Blog 2020 Holiday Greetings As 2020 comes to a close, we’re taking stock of all that we have to be grateful for. Despite the many unexpected challenges and setbacks of the last year the people around us have come together in surprising and wonderful ways. We are so thankful for all of the clients and friends that make up […]
Blog Local Market Update – December 2020 Nothing about 2020 is normal, and that includes real estate trends. The housing market typically slows significantly during the holiday season, but that is not the case this year. Buyer interest is strong, sales are up, and prices have followed suit. A recent report ranked our area as the most competitive real estate market in the country, […]
Blog Your House May Be High on the Buyer Wish List This Holiday Season Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best […]
Blog Happening on the Eastside: December 2020 Each month, we bring you the up-to-date list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond, and despite our current state of affairs we’re feeling the importance of connection, now more than ever. So, during these strange quarantimes, we’ve put together an online/virtual holiday events calendar that […]
Blog Matthew Gardner COVID-19 Housing & Economic Update: November 2020   We’re back with another episode of “Mondays with Matthew,” with our chief economist, Matthew Gardner. This week he’s diving deep into the dark corners of the latest US home sales data. Hello there and welcome to the latest episode of Mondays with Matthew. I’m Windermere Real Estate’s Chief Economist, Matthew Gardner. Today we are […]
Blog Local Market Update: November 2020 The number of people who can work remotely may be changing the way we view our homes, but one trend has not changed. The local housing market in October remained unseasonably hot. And that doesn’t show signs of changing any time soon. October saw continued low inventory and record-level sales, with the number of sales […]
Blog Happening on the Eastside: November 2020 Each month, we bring you the up-to-date list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond, and despite our current state of affairs we’re feeling the importance of connection, now more than ever. So, during these strange quarantimes, we’ve put together an online/virtual events calendar that offers […]
Blog The Gardner Report – Third Quarter 2020 THE GARDNER REPORT – THIRD QUARTER 2020 OCTOBER 28, 2020 [THE STATE OF] REAL ESTATELOCAL ECONOMY 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 […]
Blog Home Values Projected to Keep Rising As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come. […]