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Home Buying The Gardner Report – Third Quarter 2018 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 […]
For Your Home How Interest Rates Affect Buying Power Whether you are thinking about buying or selling a home, interest rate trends are an important factor to consider. Mortgage interest rates have been rising and experts, including Windermere Chief Economist Matthew Gardner, predict that they will continue to increase in 2019. Interest Rates and Buying Power The chart below shows the impact rising interest rates would […]
Housing Market News Market Update – October 2018   It appears that balance is slowly returning to the local housing market. Home price growth slowed in September. Inventory continued to climb, but is still far short of the four to six months that indicate a normal market. Homes are staying on the market longer, giving buyers the breathing room to make the right […]
For Your Home Local Market Update – September 2018   The number of homes for sale in August increased dramatically over the same time a year ago. This is the result of a moderate increase in new listings and a much slower pace of sales. Homes are staying on the market longer, giving buyers more choices and more time to make an informed decision. […]
For Your Home Avoiding the Pitfalls of Home Addition Construction When dissatisfaction with your current home strikes, it can be exciting to launch into a plan for a new addition. A new living room, bedroom, or more can add value to your home while improving your quality of life. On the other hand, even a modest addition can turn into a major construction project, with […]
Uncategorized Local Market Update – August 2018   For the first time in years, the real estate market is finally starting to deliver good news for buyers. The region experienced its third straight month of significant growth in inventory. Homes are sitting on the market longer, prices are moderating, and multiple offers are becoming more rare. Despite the surge in homes for […]
Uncategorized The Gardner Report – Q2 2018 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. Economic Overview The Washington State economy added 83,900 new jobs over the past 12 months, representing an annual growth rate of […]
Uncategorized Local Market Update – July 2018       The local real estate market looks like it might finally be showing signs of softening, with inventory up and sales down. More sellers have opted to put their homes on the market. Inventory was up 47 percent in King County and price increases were in the single digits. Despite the increase in […]
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Community Community Service Day 2018 On Friday, June 8th our Windermere offices closed their doors for our annual Community Service Day. Since 1984, Windermere has dedicated a day to giving back to the community and assisting with neighborhood improvement initiatives. We’re proud to share these projects completed by our East, Inc. offices: Jubilee Reach The Bellevue and Bellevue West offices […]
Local Market Updates Local Market Update – June 2018 Last month brought some long-awaited, positive news for buyers with May posting the most new listings in over a decade. Despite the uptick in inventory, most homes are selling in less than a month. Prices haven’t been impacted either, with the majority of the region continuing to experience double-digit home price increases. Eastside The median […]
Home Buying How to Get Started in Real Estate Investing Investing in real estate is one of the world’s most venerable pathways to building wealth. When properly managed, income from renting or real estate investment trusts can provide you with the financial security to plan out the rest of your life. The conclusion is easy to envision, but knowing where to begin can be overwhelming, […]
W Collection W Collection Portfolio You can now find the W Collection Portfolio in the May issue of the Puget Sound Business Journal! This insert showcases W Collection agents along with luxury listings, market statistics and Windermere’s partnership with Luxury Portfolio International and Juwai.com. Read the online version by clicking the image below.
Windermere Foundation Windermere Foundation by the Numbers For the past 29 years, the Windermere Foundation has been helping those in need in our communities through donations to local organizations that provide services to low-income and homeless families. In 2017, the Windermere Foundation raised over $2.4 million in donations, bringing the total to over $35 million raised since we started this effort in […]
Local Market Updates Local Market Update – April 2018 Despite the typical seasonal surge in new listings, supply in our area continued to fall far short of demand in March. With just two weeks of available inventory in every market, competition for homes is intense. The result was another month of double-digit price increases as compared to a year ago. The region has now […]
Local Market Updates Local Market Update – March 2018 The local real estate market set new home price records in many parts of the region in February. Prices here have grown faster than anywhere else in the country for the last 16 months in a row. Demand remains high and inventory very low. Brokers are hoping the normal seasonal increase in listings this spring […]
For Your Home March Home Maintenance Checklist It’s almost March – winter’s not over yet, but spring is right around the corner. If you have cabin fever from being inside, cleaning and freshening up your house can help you get through this last month of winter and be ready to get outside when spring arrives. Once you check these items off your […]
Local Market Updates Local Market Update – February 2018 With competition for homes growing and inventory shrinking, the real estate market in January was as hot as ever. Home prices were up by double digits as buyers chased severely limited inventory. The number of homes for sale hit a record low for the month of January, which should strongly favor sellers as we move […]
Local Market Updates Local Market Update – January 2018 2017 closed out the year with historically low inventory and record-breaking price gains. A strong local economy and brisk population growth has helped fuel a steep discrepancy between supply and demand. As long as this imbalance remains, 2018 is on track to remain a very strong seller’s market. Eastside Defying the usual winter slow-down in […]
Local Market Updates Local Market Update – December 2017 It looks like we’re skipping the normal holiday slowdown this season with brokers reporting crowded open houses and competitive bidding in many areas. However, since sellers who list their homes at this time of the year are usually motivated to move soon, the holidays are still a good time to buy. Some of the best […]
For Your Home November Home Maintenance Checklist November brings a transition to shorter days, colder weather and spending more time indoors. It also brings anticipation, planning and preparation for the upcoming winter holidays. Our checklist this month includes small, quick and easy tasks you can do now to get a jump start on your holiday hosting preparation so you can enjoy friends […]
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