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Housing Market Updates Q2 2021 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 Real Estate agent.   […]
The Gardner Report The Gardner Report – Q1 2021 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!   REGIONAL ECONOMIC OVERVIEW In […]
For Your Home Buying with Gardening in Mind Every home buyer has a list of must-have amenities that they’re just not willing to compromise on. For some, it could be an open floor plan or maybe a certain number of bedrooms. For others, that priority is a place to garden. A garden provides a place where one can nurture the earth, feel connected […]
Housing Market Updates Local Market Update – April 2021 Despite a bump in new listings the supply of homes still can’t keep up with the demand. The result? Multiple offers, escalation clauses, and record-breaking prices. If you’re considering selling your home, you’d be hard pressed to find a more lucrative market than what we have today. March marked the first post-COVID/pre-COVID comparison, and the […]
Community News Washington Ranked Best State in the Nation, Again Once again, Washington has been ranked as the best state in the country, according to a new report from U.S. News and World Report. The Evergreen State has held the honor since 2019, based on its strength  in categories like education, healthcare and broadband access. Washington rank first for GDP growth and broadband access, and is tied […]
Community News Bloom Into Spring After a long and dreary winter, spring has finally arrived in the Pacific Northwest. Beyond more daylight and warmer weather, the season brings with it a fresh start. This fleeting — but beautiful — time of year presents the perfect opportunity to admire the natural wonders our region has to offer, from meticulously sculptured gardens […]
Housing Market Updates Local Market Update – March 2021 Neither the snowstorm nor the increase in mortgage rates dampened buyer demand in February. Lack of inventory continues to be a frustration as there are way more prospective buyers than there are homes for them to buy. As a result, prices continued their upward climb. While the number of homes for sale edged up, it […]
Housing 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 […]
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The 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 me!   REGIONAL ECONOMIC OVERVIEW After […]
Housing 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 […]
Housing Market Updates Seattle Ranked as Most Competitive Market in the Country In news that won’t surprise anyone who’s tried to buy a home in Seattle in the last few months, the Emerald City has recently been ranked as the single most competitive market in the country. The study, released by Lombardo Homes, places Seattle first, followed closely behind by Omaha, Nebraska and Lexington, Kentucky. According to the […]
Housing 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 […]
Housing Market Updates Seattle Ranks No. 6 for Investment in High-Density Housing Nationwide In a city as crowded as Seattle, it’s no wonder that builders and developers have been investing in high-density housing projects for years. High-density housing — specifically apartments, condos, townhomes and any building containing more than five housing units — has long seemed the best way to accommodate Seattle’s growing population in the wake of […]
Housing 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 […]
The Gardner Report The Gardner Report – Q3 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 don’t hesitate to contact your Windermere agent.   REGIONAL ECONOMIC […]
Housing 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 […]
Community News Windermere Offices Find Safe Ways to Give Back Pictured foreground to background: Zoe Brady, Kim Hyland, Angela Cherbas. – Eugene, OR   Preparing for the Holiday Season – Coeur d’Alene, Idaho On August 29, Windermere’s Coeur d’Alene offices donated $500 to Heart Reach, Inc., the non-profit food bank of the local Heart of the City Church, in support of their 2020 Turkeys and More program. […]
Housing 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. […]
Community News Windermere Foundation Has Raised over $825,000 This Year! Image source: Shutterstock   The first half of 2020 has brought uncertain times and unprecedented change, and across our network, our agents and offices have rallied with their communities through the challenges of the COVID-19 pandemic. We’ve seen offices come together in support of their neighbors by providing meals to frontline workers, donating to local food […]
Housing 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 […]
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