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Regional Market Updates 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 […]
Matthew Gardner Report Q4 2020 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 don’t hesitate to contact your Windermere agent.   REGIONAL ECONOMIC […]
Regional Market Updates 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, […]
Homeowners 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 […]
Homeowners 2021 Paint Color Trends Each new year brings a fresh perspective on the latest design trends, home décor, and popular colors for homeowners to incorporate in their homes. This year has greatly impacted the way we depend on the places we live.   This shift in responsibilities has changed homeowners’ needs, which are reflected in the upcoming year’s most […]
Regional Market Updates 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 real estate market in the country, […]
Matthew Gardner 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 […]
Homeowners 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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Buyers 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 […]
Buyers 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 the most […]
Regional Market Updates 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 […]
Matthew Gardner Report 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 […]
Homeowners The Remote Worker’s Home Buying Process Image Source: Getty Images   The pandemic’s influences on home life are far-ranging, prompting buyers to look at home ownership through a new lens. Remote work has created a paradigm shift in the wants and needs of homebuyers. Here’s what the remote worker should keep in mind when looking to buy. Location The location, location, […]
Regional Market Updates 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 […]
Sellers 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 […]
Buyers Buying a Fixer-Upper Image Source: Shutterstock For some home buyers, a fixer-upper is their idea of a dream home. Preparing for the process comes down to creating a plan, knowing what to look for, and understanding what financing options are available.   Create a plan  Fixer-uppers require a future-oriented mindset. Knowing the magnitude of the project you and […]
Regional Market Updates 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 […]
Buyers WINDERMERE INSIGHTS: SECOND HOME PURCHASES ON SOME BUYERS’ MINDS With COVID-related economic stressors mounting for those in the local hospitality and tourism industries among other impacted sectors, many area residents are wondering about the sustainability of their current rent or mortgage. In conjunction with this, mortgage brokers are experiencing a deluge of refinance applications for homeowners looking to lower their monthly overhead and take […]
Homeowners Your Guide to Going Solar Image Source: Canva For homeowners looking to reduce their home’s carbon footprint, increase its sustainability, and add value to their property, going solar is an obvious choice. Understanding how solar works and how to maximize its benefits are key first steps in your journey to becoming a solar energy-producing household. How does solar work? The […]
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