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Blog Local Market Update: April 2023 Spring has truly arrived in our region, with longer days and blooming cherry blossoms. Along with these harbingers of the season, the pace of the local real estate market has also picked up, indicating that the spring market is finally here. An uptick in new listings and price gains in the last month demonstrates a […]
Blog The Tax Benefits of Owning Your Own Home   It is tax season! If you are a homeowner, congratulations! There are plenty of reasons to be excited about homeownership during tax season because you could save hundreds or thousands of dollars on your taxes through a number of deductions. A deduction reduces your stated income, thus lowering the amount you owe in tax. […]
Blog Happening on the Eastside: April 2023 Spring is in full swing in the Pacific Northwest – if you’re looking for ways to make the most of these beautiful days here’s our guide to what’s going on now and later. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond […]
Blog What’s Ahead for Home Prices in 2023 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the country. […]
Blog What Does Months of Inventory Mean?   You might have heard the term “months of inventory” as it pertains to the real estate market. What does this term mean?   In short, this term relates to the number of homes available for sale in a given month divided by the number of homes sold in that same month. For example, if […]
Blog Local Market Update: March 2023 A recent surge in purchase activity indicates that the early spring real estate market is in full swing in our region. Fluctuating interest rates have caused some buyers to converge on properly-priced listings when rates are down, while potential sellers have been hesitant to let go of the historically low mortgages they have on their […]
Blog What’s The Minimum I Need to do To Put My Home on the Market?   It is a question that many sellers have – “Do I really need to take the time to spruce up my home before I put it on the market?” My quick answer is “No”. You don’t have to dust, vacuum, or even clean the bathroom. You could walk out the door right now, hand […]
Blog Happening on the Eastside: March 2023 Spring is here – it may not feel like it yet but we know it has to be close now! If you’re getting cabin fever and looking for ways to get out and explore, we have just the thing for you. Each month we put together a comprehensive calendar of special events happening across the […]
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Blog The Top Reasons for Selling Your House   Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have […]
Blog Local Market Update: February 2023 Spring may have come early to the local housing market, with home sales increasing and multiple offers sneaking back into the norm after a downturn over the last few months. While still not at the levels of the peak pandemic market, buyers are actively competing with one another again, as mortgage rates and prices have […]
Blog The Gardner Report: 4th Quarter 2022 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. REGIONAL ECONOMIC OVERVIEW […]
Blog Happening on the Eastside: February 2023 February is close on our heels, temperatures are still chilly, and the sun is finally waiting until after five to set. If you have some of the post-holiday blues fear not, February has plenty of reasons to celebrate including Valentine’s Day! Each month we put together a comprehensive calendar of special events happening across the […]
Blog Local Market Update: January 2023 The close of 2022 brought the housing market extremes of the last year into sharp focus. With decreased sales, generally increasing inventory and lower prices, the December market finally seemed to hit the winter slowdown that has characterized typical market cycles of years past. This stands in contrast to the early months of 2022, which […]
Blog What Experts Are Saying About the 2023 Housing Market If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? An article from HousingWire offers this […]
Blog 3 Best Practices for Selling Your House This Year A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling confident […]
Blog Happening on the Eastside: January 2023 Welcome to the New Year – with the holiday season wrapping up, we’re all beginning to set our sights on the year ahead. We’ve come up with some great ways to kick-start your year. Each month we put together a comprehensive calendar of special events happening across the Eastside in cities like Kirkland, Bellevue, and […]
Blog Wishing You a Happy 2023! As the year comes to a close and we start to reflect on the busy-ness and fullness of the last year we wanted to say a heartfelt thank you! It’s the support from friends and clients like you that make our work possible. We appreciate your trust and look forward to helping many more find […]
Blog What To Expect From the Housing Market in 2023   The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. […]
Blog Local Market Update: December 2022 As temperatures drop and we approach the end of the year, the local housing market has remained somewhat sluggish — an indication of a return to normal seasonality. Slower home sales are not necessarily a bad sign; in many cases causes as benign as the holidays and inclement weather have pushed buyers off their path, […]
Blog Key Advantages of Buying a Home Today There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising […]