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Market News THE GARDNER REPORT – FOURTH QUARTER 2019 The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. I 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 any time! ECONOMIC OVERVIEW Employment in Washington State […]
Market News Matthew Gardner – Will There Be A Recession in 2020? Windermere Chief Economist, Matthew Gardner, answers the most pressing question on everyone’s minds: Will there be a recession in 2020? Here’s what he expects to see.    
Market News LOCAL MARKET UPDATE – JANUARY 2020 2019 ended with too many buyers chasing too few homes. December marked the sixth straight month of declining supply. The severe shortage of homes, historically low interest rates, and strong job growth are predicted to keep the local housing market strong in 2020. In a region starved for inventory, sellers can expect significant interest in […]
Living January Happenings Seattle Chamber Music Society Winter Festival January 17-26, 2020 Join the Seattle Chamber Music Society in celebration of Beethoven’s 250th birthday. Immerse yourself in the development of this seminal composer from his early period through his development in the middle period, and his final works of his late period. Each of the first three concerts […]
Local Real Estate SEATTLE A NATIONAL LEADER IN HIGH-RISE APARTMENT DEVELOPMENT Seattle is growing up, literally, when it comes to its housing market, ranking fourth among the 30 largest cities in the country in an assessment of cities with most high-rise apartment complexes built over the past decade, a recent RentCafe study shows. High-rise apartment buildings represented 9% of all new multifamily development in the city […]
Local Real Estate EASTSIDE 2020 GROWTH FORECAST Another banner year for the region has brought tremendous prosperity across a breadth of industries, a wealth of new jobs, flourishing tourism, and the welcoming of several large businesses into our cities.  So, how is the Eastside poised to begin a new decade? Will this growth continue? To find out, 425 Business ditched the crystal […]
Market News LOCAL MARKET UPDATE – DECEMBER 2019 Favorable interest rates and soaring rents boosted activity in the housing market in November. More buyers competing for less inventory kept home prices strong. With the supply of homes far short of demand, sellers can expect well-priced properties to sell quickly this winter. EASTSIDE KING COUNTY SEATTLE SNOHOMISH COUNTY With just over a month of […]
Market News MATTHEW GARDNER’S 2020 REAL ESTATE FORECAST It’s that time of year when Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market. As we head toward the end of the year, it’s time to recap how the U.S. economy and housing markets performed this […]
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Windermere Community Windermere’s Winter Drive Collects Nearly 6,000 Items for Mary’s Place It’s another fall season and the fourth year of Windermere’s #TackleHomelessness campaign with the Seattle Seahawks. As a part of this campaign, Windermere hosts an annual “We’ve Got You Covered” winter drive. This year, 33 Windermere offices in in the greater Seattle area* participated in the drive, collecting new hats, scarves, gloves/mittens, socks, and other […]
Market News LOCAL MARKET UPDATE – NOVEMBER 2019 A steady influx of buyers continued to strain already tight inventory throughout the area in October. Home sales were up, as were prices in much of the region. With our thriving economy and highly desirable quality of life drawing ever more people here, the supply of homes isn’t close to meeting demand. Homeowners thinking about […]
Market News Q3 2019 Western Washington Matthew Gardner Report 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 me.   ECONOMIC OVERVIEW Washington State […]
Buying Depending on the Price, You’re Going to Need Advice To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the market: the starter-home market, the middle-home market, and the premium or luxury market. Each one […]
Buying 62% of Buyers Are Wrong About Down Payment Needs According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.”  When potential homebuyers think they need a 20% down […]
Buying 3 Signs the Housing Market Is on the Rebound The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the […]
Windermere Community Windermere Teams Up with the Seahawks to #TackleHomelessness Windermere is proud to partner with the Seattle Seahawks for the fourth season to help #TackleHomelessness. For every Seahawks home game defensive tackle, Windermere will donate $100 to Mary’s Place, whose mission is to help families on their journey out of homelessness. To date we’ve raised nearly $100,000 through our #TackleHomelessness campaign and we’re looking […]
Homeowner Extend the Life of your Roof Your roof is one of the most important and expensive assets of your home, but no other element is quite as valuable. While the average lifespan of a roof is about 15 years, careful homeowners can extend the life of their homes without enduring too many hardships. Take a look at these three quick maintenance tips […]
Windermere Community Building Stronger Communities By Helping Those In Need   We’re halfway through the Windermere Foundation’s 30-year anniversary and our offices aren’t showing any signs of slowing down their donations. Last quarter, the Windermere Foundation collected $556,937, bringing our year-to-date total to $865,029, and our grand total to $38,871,157 raised since 1989. These donations are used to support non-profit organizations and programs that help […]
Buying To Buy New or Old, That is the Question We are often asked, “Which is the better buy, a newer or older home?” Our answer: It all depends on your needs and personal preferences. We decided to put together a list of the six biggest differences between newer and older homes: The neighborhood Surprisingly, one of the biggest factors in choosing a new home […]
Buying Renting vs Buying: Which is better for you? The debate about whether it makes more financial sense to rent or buy has been raging for decades. Advocates of buying argue that when you pay rent you’re paying for someone else’s mortgage. When you buy, you are making an investment, which can significantly increase in value every year you live in the home. Supporters […]
Market News The Q1 2019 Western Washington Gardner Report View Full Report As Chief Economist for Windermere Real Estate, Matthew Gardner is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Matthew has over 30 years of professional experience both in the U.S. and U.K. In addition to his day-to-day responsibilities, […]
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