Regional Market Updates LOCAL MARKET UPDATE – AUGUST 2020 While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]
Living Setting Up Your Home Gym Image Source: Canva   As the stay-at-home hours add up, setting up a home gym is not only physically beneficial, but can bring some added mental wellness to the new normal many of us find ourselves in. In comparison to a gym membership, even with the up-front investment of purchasing equipment, an at-home gym can […]
Matthew Gardner Report Western Washington Real Estate Market Update Q2   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 […]
Market 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 REOPENING REAL ESTATE, THE RIGHT WAY As King County enters Phase 2 of reopening, residential real estate services providers must follow a strict set of rules. These control how brokers may conduct business inside and outside their offices and homes for sale (listings). Windermere has developed protocols for reopening that meet or exceed all of the state requirements. From the beginning […]
Regional Market Updates 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. […]
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 […]
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Market News SEATTLE POISED FOR FASTER RECOVERY THAN MANY OTHER CITIES It may feel like a tired refrain after nearly two months of quarantine, but it remains true: it’s still too early to truly tell the toll COVID-19 will take on our economy — both locally and nationally — until we are able to fully reopen and jumpstart  area businesses. Thanks to our diversified economy, strong […]
Windermere Community 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 […]
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 […]
Regional Market Updates Coming Together For Our Neighbors in Need Every year for the past 35 years, Windermere Real Estate has closed its doors on the first Friday in June for its annual Community Service Day so that our 9,000-member team can head into our local neighborhoods and volunteer. This year, in light of COVID-19, we have made the decision to replace Community Service Day […]
Matthew Gardner Report 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 contact me anytime.   A MESSAGE FROM MATTHEW GARDNER […]
Living SUPPORT LOCAL: WAYS TO BOOST OUR COMMUNITY DURING COVID-19 Now more than ever, our local community needs our love and support. Whether you’re able to donate time, money or other resources, we’ve rounded up a few comprehensive local guides to help you get involved and give back. Donate to Coronavirus Causes This list compiled by The Seattle Times is extensive — covering everything from […]
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 […]
Homeowners 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 […]
Living Designing Your Home Office Image Source: Canva Working from home is an aspiration for many of us, but to do so effectively takes effort. A disorganized space at home can be just as troublesome as a hectic office. The most disciplined telecommuters will tell you that you need a structured routine and organization in order to be successful. Having […]
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 […]
Homeowners Vacation Home or Income-Producing Investment Image Source: Alex Master Shutterstock Whether you’re a skier who loves the mountain slopes of Colorado, a lover of the beaches of Southern California, or a potential retiree seeking to escape the snow-laden Northeast for the wide-open, sunny lands of Arizona, there are homes available to meet a wide range of budgets. The biggest decision […]
Homeowners Is It Time to Downsize? Image Source: Shutterstock  Choosing less space often has to do with a desire to live a life that’s simpler. Whether you’re retiring, want an eco-friendly, low-maintenance lifestyle or your children have moved away, downsizing might be the best option for you. Here are the advantages and disadvantages to consider before making the move and questions […]