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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 […]

Since the onset of the coronavirus outbreak in Western Washington, Windermere agents have been living a core company value: being “citizen-agents” and serving as a “central part of the fabric of the community.” Although residential real estate was declared an essential business (with limitations) during the Stay Home, Stay Healthy shutdown, brokers have shifted their focus from […]

  A cool-down in prices and a surge in inventory spelled out good news for buyers in December. Median home prices throughout the region continued to moderate. The number of homes for sale more than doubled over a year ago. Condo inventory more than quadrupled. While we’re still far short of the four to six […]

The real estate market continued to improve for buyers in November. Interest rates dropped slightly, price increases slowed and inventory soared. It’s important to note that inventory increases, while significant, are being compared to the record low supply of last year. We’re still far short of the inventory needed for a truly balanced market, however […]