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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 […]
Blog Local Market Update – May 2019 April brought good news for homebuyers. Inventory increased, prices continued to moderate and mortgage rates remained low. While buyers have more choices, there is still less than two months of inventory on the market. Demand is expected to remain strong as we head into the prime spring real estate season. Eastside >>>Click image to view […]
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Blog 2019’s Housing Market is Likely to Be Stronger Than We Thought–Here’s Why Despite a real estate slowdown gripping the nation, this year’s housing market is expected to be busier than realtor.com® economists originally predicted late last year. That means more home sales—and higher prices—are on the way. The anticipated uptick in activity is due to lower mortgage rates, which make homes more affordable for buyers. The economic team expected […]
Blog The Gardner Report – First Quarter 2019 ECONOMIC OVERVIEW Washington State employment slowed to an annual growth rate of 1.7% — a level not seen since 2012 — and continues a trend of slowing that started in the summer of 2018. I was a little surprised to see such a significant drop in employment growth, but it may be due to the […]
Blog Happening on the Eastside: May 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. May is packed full of fun things to do from street fairs, to Mother’s Day events, yoga and music festivals, art and more! Kirkland May 11: Kirkland Art Walk May 12: Mother’s Day ½ […]
Blog Local Market Update – April 2019 After months of softening, home prices began to rise in February. That trend continued in March. While prices in most areas were down from the same time last year, they increased over the prior month. New listings rose as well, offering buyers more options and more time to make the right choice. Despite the uptick […]
Blog Washington Ranks Second in the Nation in New Report Analyzing the Most Innovative States Washington state ranks second in the country when it comes to states contributing the most to the nation’s position of innovative strength during the tech era, according to a new study from WalletHub, the Washington, D.C.-based personal finance website. The 2019 Most & Least Innovative States report compared the 50 states and the District of Columbia across […]
Blog 3 Personal Finance Tips for New Homeowners I still remember the day I got the keys to my first house. I set my camera up on a porch railing to take a picture of my wife and me smiling and unlocking the front door to our house. It was a humble house by most standards, but that didn’t matter — all four walls belonged only to […]
Blog Happening on the Eastside: April 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. Spring is finally here, and April is abloom with possibilities from Jazz Festivals, to Arbor Day celebrations and much more! Kirkland April 20: Kirkland Egg Hunt Date Night April 20: Earth Day at […]
Blog Homeownership Greatest Predictor of Wealth According to the Survey of Consumer Finance, homeownership is the primary driver of wealth in the U.S. A recent Seattle Times article reported that the median net worth for Seattle homeowners is about 25 times higher than those who rent. How Homeownership Creates Wealth A home appreciates. Since 2000, homes in the Seattle area have appreciated at an average […]
Blog Local Market Update – March 2019 The spring home buying season started early this year. Open houses had increased attendance and bidding wars returned. After months of softening, home prices in most of the region jumped significantly from the prior month. With just one month of data, we’ll have to wait and see if this is the start of a longer […]
Blog Home Seller Profits Hit 12-Year High 2018 was a milestone year.  According to the ATTOM Data Solutions 2018 U.S. Home Sales Report, home seller profits hit a12-year high – the highest level since 2006. Our Market Ranked #3 in the Country The Seattle/Bellevue/Tacoma area ranked #3 in seller return on investment for the entire country.  The remaining cities in the top five were […]
Blog Happening on the Eastside: March 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. March will be a busy month with plenty of activities from St. Patrick’s Day events, marathon runs, wine tasting and more! Kirkland March 08: Kirkland Wine Walk March 16: Kirkland Shamrock Run  March […]
Blog The People, Products, & Places We’re Loving Right Now! This week we’re sharing our quick round-up of the people, products, & places we’re loving right now: Last year we set an intention to be better organized around finances; fast-forward through months of research and we landed on Krisstina Wise’s “WealthyWellthy” program.  Her resources are endless–we’ve been loving her straightforward approach and group calls that […]