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Blog Four Reasons to Sell this Fall
Blog Local Market Update – September 2019 A decrease in inventory coupled with an increase in sales activity led to fewer options for home shoppers in August. There is some good news for would-be buyers as mortgage rates have dropped to their lowest level in three years. Demand remains high but there simply aren’t enough homes on the market. Brokers are hoping […]
Blog Interest Rates: Rolling 13 Month
Blog Happening on the Eastside: September 2019 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. Kirkland September 7: Crossing Kirkland Block Party September 20-22: Kirkland Oktoberfest September 22: Summer Sundays on Park Lane Bellevue September 10: Bellevue Farmer’s Market September 15: Ready, Set, Go…Run 5k September 25-29: Fashion Week at the […]
Blog The Slow Down in Foreign Buyers The United States housing market is experiencing a significant reduction in foreign buyers. Windermere Chief Economist, Matthew Gardner, cites several factors that could be contributing to this trend and offers his opinions as to what to expect in this recent Market Update. This post originally appeared on the Windermere.com Blog.
Blog Aggressive Expansions Fuel Seattle Office Market The Puget Sound regional office market continues to tighten despite the number of active cranes. Second quarter reports from various commercial real estate brokerage houses reveal “aggressive expansions in Seattle and on the Eastside” along with healthy levels of job growth,” per Kidder Mathews Q2 report. Colliers International pointed out the large number of tech […]
Blog What Oregon’s Rent Control Legislation Could Mean in Our Market Oregon’s statewide rent control legislation has stirred discussion at the Legislative level up and down the west coast. Windermere’s Chief Economist, Matthew Gardner, says Oregon’s law is really more a rental price stabilization tactic and weighs in on whether other states are likely to adopt similar regulation.  
Blog Local Market Update – August 2019 The real estate market continued to moderate in July. Inventory rose and home values softened, providing buyers with increased selection and more favorable pricing. With strong job growth and interest rates holding at below 4 percent, brokers expect the market to remain solid through fall. EASTSIDE KING COUNTY SEATTLE SNOHOMISH COUNTY The market remains strong […]
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Blog Happening on the Eastside: August 2019 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. Kirkland August 1-5: Dogs Days of Summer Wine Tasting August 10: 1000 Lights Water Lantern Festival August 11: Kirkland Waterfront Car Show Bellevue August 06: Outdoor Movies in the Park August 10: Cougar […]
Blog The Gardner Report – Second Quarter 2019 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. ECONOMIC OVERVIEW Washington […]
Blog Market Predictions for the Second Half of 2019 We’ve seen some unexpected shifts this year as the prices started to dip and mortgage rates dropped to unexpected lows. Matthew Gardner, Windermere’s chief economist gave his early prediction of a “balanced market,” something we hadn’t seen since the late 90’s. With the steep incline and declines we’ve seen in housing price over the last […]
Blog Local Market Update: July 2019 The market in our region appears to be moderating. Inventory is up, prices are relatively stable and homes are taking a bit longer to sell. However, with less than two months of available inventory, supply is still far short of demand. Steady buyer activity, low interest rates and a thriving economy are making for a […]
Blog Are You Better Off Paying Your Mortgage Early or Investing Your Money? Few topics cause more division among economists than the age-old debate of whether you’re better off paying off your mortgage earlier, or investing that money instead. And there’s a good reason why that debate continues; both sides make compelling arguments. For many people, their mortgage is the largest expense they will ever incur in their […]
Blog Mortgage Rate Forecast   Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year.     Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical […]
Blog Apple Plans Major Expansion in Seattle This week Apple announced plans to bring over 2,000 jobs to the Seattle area over the next five years. The company chose this region due to the “tremendous work that local leaders have done here over the past several decades to make Seattle a world-class place to live and work,” said Christina Rasby the company’s […]
Blog Why Puget Sound Millennials are Finally Looking to Buy Homes It’s no surprise to anyone that the Puget Sound housing market is competitive. What may come as something as a shock, though, is that millennials are quickly becoming the predominant home buyers in the region. “Are millennials wanting to buy? Yeah, they are — in fact, 69 percent of millennials believe that buying a home […]
Blog Local Market Update – June 2019 JUNE 11, 2019 LOCAL ECONOMY The pace of the housing market gained momentum in May, bringing an uptick in open house traffic and offers. A drop in interest rates and increased inventory were great incentives for buyers. Despite the increase in supply there is less than two months of inventory available – half the national […]
Blog Happening on the Eastside: June 2019 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. June is a busy month full of fun ways to welcome in summer to from wine walks to festivals and more! Kirkland June 21: Kirkland Spring Fling Wine Walk June 23: Sailboats at […]
Blog The Housing Market in 2019 The last time we saw a balanced market was late 1990s, meaning many sellers and buyers have never seen a normal housing market.  Windermere Real Estate’s Chief Economist Matthew Gardner looks at more longer-term averages, what does he see for the future of the housing market?         This post originally appeared on […]
Blog Washington was Just Ranked Best State in America SEATTLE – A top national news site has ranked Washington as the best state in America. The ranking, announced Tuesday by U.S. News & World Report, says the home of Amazon, Microsoft, Starbucks and Boeing earned the No. 1 ranking based on several criteria, including health care, education, economy and opportunity. “This confirms what we in […]