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Blog Local Market Update: March 2024 Seasonal changes are starting to take shape across the region and the local real estate market is experiencing cautious optimism. As we transition from winter to spring, home and condo sales are increasing, in both units and price. Low inventory means motivated sellers are finding success in about a week’s time, while buyers thread the […]
Blog Why We Aren’t Headed for a Housing Crash   If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different than it was before the housing crash […]
Blog Happening on the Eastside: March 2024 As we say goodbye to winter and hello to spring, there’s no shortage of exciting events and activities to look forward to in the coming month. From St. Patrick’s Day celebrations to spring festivals and everything in between, there’s something for everyone this March. Every month we put together a comprehensive list of community and […]
Blog Strategic Tips for Buying Your First Home Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it’s a dream you can make come true, but there are some hurdles you’ll need to overcome in today’s housing market – specifically the limited supply of homes for sale and ongoing affordability challenges. So, if you’re […]
Blog Local Market Update: February 2024 Like some plants and trees, the local real estate market is starting to bloom. Last month, median residential sold prices increased in each of the four geographic areas covered below. That’s welcome news for intending home sellers, who are also benefitting from continued low inventory region-wide. At the same time, local buyers are seeing stabilizing […]
Blog Will Home Prices Increase as Interest Rates Drop in 2024? With the recent news of possible loan interest rates decreases and home prices on the rise, it’s an interesting time to be in the real estate market. Fed Chair Jerome Powell recently said ‘time is coming’ to cut interest rates, which could have significant implications for real estate. What does this mean for buyers and […]
Blog Happening on the Eastside: February 2024 As we say goodbye to January and hello to the month of love, there’s no shortage of exciting things to look forward to. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond. From Valentine’s Day celebrations to winter festivals and everything in […]
Blog 3 Must-Do’s When Selling Your House in 2024 If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices […]
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Blog Local Market Update: January 2024 Despite moments of snow in Western Washington, the local real estate market is slowly warming, as new opportunities arise for both home buyers and sellers. Lower mortgage rates are welcome news for buyers, and low inventory means sellers are starting the year with minimal competition. King County continues to see residential price gains, with last […]
Blog What Lower Mortgage Rates Mean for Your Purchasing Power January 8, 2024 For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see […]
Blog 2024: New Year, New Beginnings As we welcome the new year, we wanted to take a moment to reflect on the past year and celebrate the accomplishments we have achieved together. In 2023, we saw a thriving real estate market, and we were honored to help many of you buy and sell your homes. Your trust means the world to […]
Blog Happening on the Eastside: January 2024 Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond. This January ring in the New Year with our exciting lineup of events! From concerts and comedy shows to art exhibits and wine walks, we’ve got something for everyone. So, mark your calendars, […]
Blog Expert Quotes on the 2024 Housing Market Forecast If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But what’s on the horizon for the new year? The […]
Blog Local Market Update: December 2023     Just like December temperature variations, our local real estate market continues to feel up and down. Interest rates, regional economic conditions and seasonal market shifts have meant rising home prices in some areas and drops in others. While the expected winter slowdown means overall lower inventory, buyers are still willing to compete for […]
Blog Matthew Gardner’s Top 10 Housing Predictions for 2024 This video shows Windermere Chief Economist Matthew Gardner’s Top 10 Predictions for 2024. Each month, he analyzes the most up-to-date U.S. housing data to keep you well-informed about what’s going on in the real estate market. See more market insights on our blog here.  Matthew Gardner’s Top 10 Predictions for 2024 1. Still no housing bubble […]
Blog Happening on the Eastside: December 2023 December is almost here, and with it comes a slew of exciting events to get you in the holiday spirit! From festive markets and cozy concerts to outdoor adventures and family-friendly fun, there’s something for everyone this month. Get ready to deck the halls, sip hot cocoa, and make some merry memories. Every month we […]
Blog Home Prices Still Growing – Just at a More Normal Pace If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from some media coverage misrepresenting what the data really shows. So, to […]
Blog Local Market Update: November 2023 As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have continued to influence a quieter-than-usual fall market. Higher mortgage rates reduce buying power, as well as the momentum of move-up buyers and sellers. Fewer sellers mean lower inventory and a reduction in closed sales. Indeed, […]
Blog The Gardner Report: 3rd Quarter 2023 WINDERMERE INSIGHTS ·5 min read The Gardner Report – Western Washington Q3 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 […]
Blog Happening on the Eastside: November 2023 Temperatures have dropped and staying warm and dry has become the name of the game during these chilly autumn months. That doesn’t mean the fun has to end – there’s still plenty of ways to make the most of the season. Every month we put together a comprehensive list of community and special events happening […]