Market Report Western Washington Real Estate Market Update   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 reach out anytime!   REGIONAL ECONOMIC OVERVIEW It appears […]
Market News LOCAL MARKET UPDATE – JULY 2020 While our lives are very different than they were a year ago, the local real estate market has recovered to 2019 levels. Record low interest rates are helping spur demand. Sales were up, home prices increased and multiple offers were common. The number of pending sales, a measure of current demand, was higher in June than for […]
Local News SEATTLE’S HOUSING MARKET REMAINS RESILIENT DESPITE COVID-19 The Seattle area housing market in May continued to show resiliency amid the novel coronavirus outbreak, with increases compared to the previous month in new listings and pending sales. A report from Northwest Multiple Listing Service — which covers 23 counties in the region — showed King County had 3,585 new listings during May, compared […]
Local News Windermere Insights: How Low Inventory Is Influencing The Market The local real estate market is recovering so well from the statewide shutdown that it may soon have a hard time keeping up with itself. While active listings are being snapped up by assertive buyers, new inventory is being added at a relative snail’s pace. May and June have seen so much homebuyer demand that […]
Market News A Guide to Mortgage Assistance During COVID-19 Image Source: Shutterstock   For some homeowners who have been financially impacted by the COVID-19 pandemic, there is a high level of concern about paying their mortgage. Fortunately, there are options to aid struggling homeowners from governments, financial institutions, and loan providers. The following information is intended to provide clarity on which financial relief options are […]
Market Report LOCAL MARKET UPDATE – JUNE 2020 As we move to the next phase of reopening, life feels like it’s slowly inching back towards normal.  The same is true in real estate. Statistics on home sales in May provided the first true picture of the effects of COVID-19. Those reports confirmed the incredible strength and stability of the local real estate market. […]
Buyer Questions to Ask During Your Virtual Home Tour Image Source: Canva   Thanks to COVID-19, the new reality is that many open houses and home tours are being conducted virtually. For prospective home buyers, this new territory brings an added element to prepare for in the home buying process. Some of the questions that should be asked in a virtual home tour parallel […]
Local News Neighbors in Need Raises $690,000 for Food Banks The COVID-19 pandemic has affected populations across the globe, but those who struggle with poverty and count on food programs to meet their basic day-to-day needs are in an especially uncertain place. While coping with increased demand and a bottlenecked pipeline of food supply, food banks are desperate for funds to continue to serve their […]
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Market News LOCAL MARKET UPDATE – MAY 2020 We hope you are weathering the new normal as best as you can. With everyone spending more time than ever at home, real estate has taken on a whole new importance. For those who are interested, here is a brief update on how COVID-19 continues to affect our local market: Business was better than expected […]
Local News Saving to Buy A Home During COVID-19 Image Source: Canva The COVID-19 pandemic is changing the way people plan for their future. For those saving to buy a home, the landscape may seem daunting. However, this new world of social distancing and stay at home orders is an opportunity to rethink your spending and saving plans. Keeping the following suggestions for your […]
Market News THE GARDNER REPORT – FIRST QUARTER 2020 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 reach out anytime! A MESSAGE FROM MATTHEW GARDNER Needless to […]
Market News LOCAL MARKET UPDATE – APRIL 2020 Windermere is focused on keeping our clients and our community safe and connected. We’re all in this together. Since the early days of COVID-19, our philosophy has been “Go slow and do no harm.” While real estate has been deemed an “essential” business, we have adopted guidelines that prioritize everyone’s safety and wellness. Like everything […]
Market News Your Guide to Spring Cleaning Image Source: Canva Many of us have found ourselves spending much of our time indoors as of late, and as spring blooms in the sunlight, you might be noticing that it’s time to treat your home to a little TLC. When it comes to wellness, your health and the health of your home go hand in hand. Here are […]
Market News Matthew Gardner Weekly COVID-19 Housing & Economic Update Every Monday Windermere Chief Economist Matthew Gardner provides an update regarding the impact of COVID-19 on the US economy and housing market. Update #1 – 3/23/2020 Update #2 – 3/30/2020 This week he discusses what it really means for the economy and housing to be in a COVID-19 induced recession (hint: it’s not all bad […]
Living 6 HOME IMPROVEMENT PROJECTS TO TACKLE IF YOU’RE STUCK AT HOME PRACTICING SOCIAL DISTANCING Spring has sprung in Seattle — and so has the coronavirus (the cause of the illness called COVID-19). If working from home and practicing social distancing has left you feeling stuck and uninspired, consider rolling up your sleeves and tackling a home improvement project or two. From the simplest updates to sensational additions, these projects […]
Market News LOCAL MARKET UPDATE – MARCH 2020 COVID-19 has not yet stopped the housing market’s momentum. Buyer interest remains strong and those who waited last year for a drop in prices have now seen several months of home prices increases. While some sellers and buyers are going to put their real estate sales and searches on hold, others may find opportunity. Despite the […]
Buyer Finding Your New Home in Four Steps Image Source: G-Stock Studio Whether you’re a first-time homebuyer or you currently own and are looking for a new home, the ideas below will help you better navigate that all-important first step: Finding a property that is both appealing and affordable. The search for a new home always starts out with a lot of excitement. […]
Local News ATARI BRINGS GAMING HOTEL TO SEATTLE COMPLETE WITH “GAMING PLAYGROUNDS” Video game pioneer Atari is coming to Seattle in a big, new way. Working with GSD Group — a brand strategy company with ties to Apple co-founder Steve Wozniak’s Woz Innovation Foundation — and Teenage Mutant Ninja Turtlesmovie producer Napoleon Smith III, Atari is bringing eight new hotels to locations across the U.S. More than […]
Market News LOCAL MARKET UPDATE – FEBRUARY 2020 New jobs and low interest rates continue to fuel the housing market boom. While January is traditionally a slower month for activity, the new year saw steady buyer demand. With the number of sales exceeding new listings, all indicators point to a strong spring market. EASTSIDE KING COUNTY SEATTLE SNOHOMISH COUNTY The tech industry on […]
Market News THE GARDNER REPORT – Q4 2019 The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. I 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 me. ECONOMIC OVERVIEW Employment in Washington […]