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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. […]
Blog Real Estate Continues to Show Unprecedented Strength This Year   The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more? Here’s a look at what several industry-leading experts have to […]
Blog Local Market Update: October 2020 While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new listings are selling quickly in every price range. There just aren’t enough homes on the […]
Blog Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? Original […]
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Blog Happening on the Eastside: October 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 Is the Economic Recovery Beating All Projections? Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the […]
Blog Local Market Update: September 2020 August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to  new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes.  […]
Blog Homebuyer Demand Is Far Above Last Year’s Pace Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming […]
Blog Happening on the Eastside: September 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 […]
Blog How Will the Presidential Election Impact Real Estate? The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects there may […]
Blog Windermere Insights: Second Home Purchases on Some Buyers’ Minds With COVID-related economic stressors mounting for those in the local hospitality and tourism industries among other impacted sectors, many area residents are wondering about the sustainability of their current rent or mortgage. In conjunction with this, mortgage brokers are experiencing a deluge of refinance applications for homeowners looking to lower their monthly overhead and take […]
Blog Sellers Are Returning to the Housing Market In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at realtor.com, explains: “Seller confidence has […]
Blog Homes Are More Affordable Right Now Than They Have Been in Years   Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: While […]
Blog Local Market Update: August 2020 While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]
Blog A Message from Sheri & Matt   As longtime realtors and residents of the Eastside we have seen this market go in all different directions; from its highest highs to its lowest lows we’ve seen it all. When this pandemic hit it became apparent early on that this was not going to be business as usual, there was something very different […]
Blog Add Value to Your Home With These 9 DIY Improvements Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.   The best part is, once you’ve secured the materials, most of these renovations can be completed over […]