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Blog Remodel for the Most Resale Value Image Source: karamysh on Shutterstock   What’s the best remodeling project for your home? The answer, in part, depends on where you live. Every year, Remodeling Magazine evaluates which projects bring the most return at resale in different markets around the country in their “Cost vs. Value” report.  For the purposes of this blog, we are focusing […]
Blog Local Market Update – November 2019 A steady influx of buyers continued to strain already tight inventory throughout the area in October. Home sales were up, as were prices in much of the region. With our thriving economy and highly desirable quality of life drawing ever more people here, the supply of homes isn’t close to meeting demand. Homeowners thinking about […]
Blog Experts Predict Seattle Area to be Insulated from Global Recession Although there seems to be plenty of evidence pointing toward the inevitability of a global recession, local analysts are still convinced that the Puget Sound area will be relatively insulated. Pointing to factors including the thriving tech sector, a bolstering of homebuyers, and the continuous pattern of limited inventory, Metrostudy’s Todd Britsch says he doesn’t […]
Blog The Gardner Report – Third 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 Seattle’s Median Household Income Tops $93K The median income in Seattle reached more than $93,000 in 2018, jumping by close to $7,000 from the previous year, according to data released this week. The data from the U.S. Census Bureau showed the median household income in Seattle was $93,481. Still, thousands of individuals in Seattle were making far less — with many […]
Blog Local Market Update – October 2019 While fall usually brings a decrease in sales activity, the opposite was true in September. The number of listings on the market dropped by double digits and home sales rose. It is still a seller’s market, however prices have stabilized. With interest rates near historic lows and employment levels at historic highs, the housing market […]
Blog Happening on the Eastside: October 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. This month as the temperatures drop and the leaves change color, we have all the fun from Halloween events, to wine walks, and art festivals. There’s something for everyone! Kirkland October […]
Blog Four Reasons to Sell this Fall
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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 […]
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 […]