Blog

Blog How to Get Started in Real Estate Investing Investing in real estate is one of the world’s most venerable pathways to building wealth. When properly managed, income from renting or real estate investment trusts can provide you with the financial security to plan out the rest of your life. The conclusion is easy to envision, but knowing where to begin can be overwhelming, […]
Blog Local Market Update – May 2018 Another month, another record. Despite a slight uptick in inventory that showed the highest level of active listings since last August, both King and Snohomish counties saw home prices in April hit all-time highs. There is less than one month of inventory available in both counties, far below the four to six months of supply […]
Blog The Gardner Report – First Quarter 2018 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. Economic Overview The Washington State economy added 96,900 new jobs over the past 12 months, representing an annual growth rate of […]
Blog Local Market Update – January 2018 2017 closed out the year with historically low inventory and record-breaking price gains. A strong local economy and brisk population growth has helped fuel a steep discrepancy between supply and demand. As long as this imbalance remains, 2018 is on track to remain a very strong seller’s market. Eastside Defying the usual winter slow-down in […]
Blog Empty Nesters: Remodel or Sell? Your kids have moved out and now you’re living in a big house with way more space than you need. You have two choices – remodel your existing home or move. Here are some things to consider about each option. Choice No. 1: Remodel your existing home to better fit your current needs. Remodeling gives […]
Blog Local Market Update – November 2017 Prices in our area have now been rising faster than anywhere in the country for twelve months. Sellers seem to be getting the message that now is a good time to put their home on the market. There was an increase in new inventory in October, but with homes selling rapidly, there still aren’t enough […]
Blog The Gardner Report – Third Quarter 2017 Economic Overview The Washington State economy added 79,600 new jobs over the past 12 months—an impressive growth rate of 2.4%, and well above the national growth rate of 1.2%. However, as we anticipated in last quarter’s report, we continue to see a modest slowdown in the growth rate as the state grows closer to full […]
Blog Local Market Update – October 2017 The typical seasonal slowdown of new listings in September added to frustration for buyers who are competing for a very limited number of homes. Strong job growth continues to fuel demand. The state added 83,000 new jobs in the month of August, and September looked to be just as robust. The result? King, Pierce and […]
Don't Miss Our Next Post
Subscribe Now
Blog The Gardner Report – Q2 2017 Economic Overview The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income […]
Blog Seattle Area Popular With Residents & Outsiders It seems like a tale as old as time. Many people are wanting to move to Seattle, but no one else really wants to leave. This leads to our favorite real estate headline for the last several years: inventory is low, prices are rising. Seattle-based Zillow recently analyzed searches on their website and compared the […]
Blog Local Market Update – May 2017 Each month, Windermere Real Estate releases a statistic report breaking down median sales prices, months of inventory, and closed sales. These reports are perfect for watching the growth and success of our local real estate market. If you’re looking for a more detailed explanation of our housing market, feel free to reach out to me. […]
Blog The Gardner Report – Q1 2017 Windermere’s Chief Economist Matthew Gardner prepares a report every quarter outlining the Western Washington real estate market and shares his predictions for the months ahead. He recently released his latest report on the first quarter of 2017. Take a look at his full report below. We would be happy to provide you any numbers and housing […]
Blog Local Housing Market Update – March 2017 Each month, Windermere Real Estate releases a statistic report breaking down median sales prices, months of inventory, and closed sales. These reports are perfect for watching the growth and success of our local real estate market. If you’re looking for a more detailed explanation of our housing market, feel free to reach out to me. […]
Blog How Long Do Families Stay in a Home? The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average […]
Blog Seattle Times Market Digest – May 2016 The Seattle Times has just released the May 2016 issue of the Seattle Market Digest that is full of current market information for our area. These areas include the Labor Market, Retail Market, Regional Development, Travel Market, Economy, and of course, the Real Estate Market. The review features highlights of each with promising rankings for Washington and […]
Blog The Gardner Report – Q1 2016 Matthew Gardner, Windermere’s Chief Economist, has just released his latest quarterly report for the real estate market in Western Washington. He breaks down the economic overview of the region as well as what happened in the housing market over the last three months. Gardner Report Highlights: • “Washington State has seen very robust growth over the […]
Blog Supply of Inventory Affects Housing Market The supply of available homes remains at critical levels, with both King and Snohomish counties showing less than a month’s supply of inventory. With demand far outstripping supply, home prices increased by double-digits over last year throughout the Puget Sound area. The red hot market allows sellers to call the shots. Since some sellers are […]
Blog King County Had Almost Half of 2015’s 30 Most Competitive Neighborhoods in America We probably don’t need to tell you that 2015 was a crazy year in real estate, especially in our area. Bidding wars and listings lasting mere days on the market is something we’ve all grown accustomed to. But it turns out we’re not alone. Curbed recently published an article that focused on the 30 most […]
Blog Seattle Times Market Digest: January 2016 Happy New Year! The Seattle Times has just released the January 2016 issue of the Seattle Market Digest that is full of current market information for our area. These areas include the Labor Market, Retail Market, Regional Development, Travel Market, Economy, and of course, the Real Estate Market. The review begins by featuring highlights of each with promising rankings for […]
Blog Windermere Agents Excel in Multiple Offer Deals Sales Over List Price and Multiple Offers Did you know that 44 percent of home sales involve sales over list price and multiple offer situations? In fact, buyers working with a Windermere Real Estate broker are 18.4 percent more likely to win in these situations.* We work tirelessly to make sure that not only do […]