Market Report Local Market Update February 2021 This winter’s real estate market is looking more like a typical spring market. Sales were up, competition was fierce and prices continued to rise. Lack of inventory still presents a huge issue. At the end of January there were only 1,055 single-family homes on the market in all of King County, 33% fewer than a […]
Living Buying with Remodeling in Mind by Sandy Dodge Everyone has their own definition of a dream home. For some, they know right when they see a home that it’s perfect as is. For others, it takes remodeling to achieve their vision. Whether you’re looking for something in need of a few upgrades or a total fixer-upper, buying with the intention of remodeling comes […]
Market Report Local Market Update January 2021 The end of 2020 marked a most unusual year, and the real estate market was no exception. While homes sales usually take a holiday during December, this year saw the continuation of an exceptionally strong and competitive market. New listings, closed sales and home prices all went up. With supply nowhere close to meeting demand, […]
Living Technology in Your Home Every year there are more products that come out to automate your home. There are many reasons to add technology and to automate your home including safety, security, efficiency and convenience. Here are some reasons and products that are must have for your home.   For Safety There are many products that will help keep […]
Market Report Local Market Update – December 2020 LOCAL MARKET UPDATE – DECEMBER 2020 Nothing about 2020 is normal, and that includes real estate trends. The housing market typically slows significantly during the holiday season, but that is not the case this year. Buyer interest is strong, sales are up, and prices have followed suit. A recent report ranked our area as the most competitive […]
Buyer How to Increase Your Buying Power One of the best ways prospective home buyers can empower themselves when purchasing a home is to improve their buying power. The numbers may seem daunting but identifying ways to strengthen your financial standing will help you each step of the way. When visualizing your dream home, it’s common for buyers to focus on the […]
Market Report Matthew Gardner’s 2021 Housing Forecast Throughout 2020, mortgage rates hit historic lows, largely due to the impact COVID-19 had on the housing market. These low rates drove already high demand for housing even higher, and Gardner does not predict mortgage rates will rise significantly in 2021. His current forecast sees mortgage rates dropping to their lowest rate in the current […]
Buyer What is Wire Fraud and How to Avoid It Image source: Shutterstock   A fast-growing form of cybercrime, wire fraud has led to major losses for homebuyers in recent years. Get to know what it is and what steps you can take to avoid it.   What is wire fraud? Real estate wire fraud is a scam that targets buyers while making payments during […]
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Local News Seattle Ranks No. 6 For Investment In High-Density Housing Nationwide In a city as crowded as Seattle, it’s no wonder that builders and developers have been investing in high-density housing projects for years. High-density housing — specifically apartments, condos, townhomes and any building containing more than five housing units — has long seemed the best way to accommodate Seattle’s growing population in the wake of […]
Buyer A Guide to VA Loans Image source: Shutterstock VA loans provide a path toward homeownership for active service and veteran personnel and their families. The following serves as a guide to understanding what they are, who they are available to, and what types of loans are available to them. VA loans can be confusing, so talk with your Windermere agent […]
Market Report Local Market Update – November 2020 The number of people who can work remotely may be changing the way we view our homes, but one trend has not changed. The local housing market in October remained unseasonably hot. And that doesn’t show signs of changing any time soon. October saw continued low inventory and record-level sales, with the number of sales […]
Market News The Gardner Report – Third 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! REGIONAL ECONOMIC OVERVIEW Employment numbers in Western […]
Buyer House vs. Townhouse vs. Condo Image sources: House, Townhouse, Condo: Canva — Question marks: Shutterstock   Deciding between a house, townhouse, and condominium can be a difficult process. Knowing how their characteristics align with your life and goals as a homeowner will help guide you to the right choice.   What differentiates houses, townhouses, and condominiums?  House:  Detached houses offer […]
Market Report LOCAL MARKET UPDATE – OCTOBER 2020 While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new listings are selling quickly in every price range. There just aren’t enough homes on the […]
Seller 10 Steps to Selling Your Home Image source: Shutterstock   Navigating everything involved with selling your home can seem intimidating. Breaking the process down step by step will keep you organized and ready to work towards a successful home sale. 1. Choose an agent A lot goes into choosing the right agent. If you’re unsure where to start, get referrals from […]
Local News Study Ranks Seattle As Nation’s Best Large City For Real Estate The real estate competition in Seattle has long been fierce, with tech giants like Amazon and Microsoft pulling ever more workers into the city. Between ample job opportunities, scenic surroundings and charming neighborhoods, it’s easy to see why so many buyers are eager to put down stakes here. But despite this competition — or perhaps […]
Windermere Community The Seahawks and Windermere Team Up Again to #TackleHomelessness   As the “Official Real Estate Company of the Seattle Seahawks,” all of us at Windermere are proud to kick off our fifth season of partnering with the Seahawks to #TackleHomelessness. For every defensive tackle made at a Seahawks home game this season, Windermere will donate $100 to Mary’s Place in support of their mission […]
Market Report LOCAL MARKET UPDATE – SEPTEMBER 2020 August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to  new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes.  […]
Living Preparing for the School Year at Home Image source: Shutterstock   For those whose children will be taking classes online or participating in remote learning this school year, keeping the following tips in mind will help create an at-home learning environment that prioritizes health and learning, while being able to adjust to this year’s unknowns. A home cannot fully replace all that […]
Living How to Improve Your Curb Appeal Image Source: Canva When it comes time to sell your home, first impressions are crucial. Improving your curb appeal helps to make the most of a buyer’s first glance and sets the stage for their interest in purchasing your home. The following projects are simple and inexpensive ways to enhance both your home’s first impression […]