Market News 10 Housing Predictions for 2024 Matthew Gardner’s Top 10 Predictions for 2024 1. Still no housing bubble This was number one on my list last year and, so far, my forecast was spot on. The reason why I’m calling it out again is because the market performed better in 2023 than I expected. Continued price growth, combined with significantly higher mortgage rates, […]
Preparing to Sell Your Home How to Stay Safe at Home During a Power Outage How to Stay Safe at Home During a Power Outage by Sandy Dodge A stormy night with the lights out can complicate things at home. But with the right preparation, you and your household can switch gears quickly and ride out the blackout period, however long it may last. Power outages can happen unexpectedly, so […]
Preparing to Sell Your Home Turnkey vs. Fixer-Upper: Pros and Cons Turnkey vs. Fixer-Upper: Pros and Cons by Sandy Dodge The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the intent of renting it, both turnkey and […]
Market News Q3 Western Washington Gardner Report The following analysis of select counties 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 […]
Market News U.S. Housing Market 2023   Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. The National Association of REALTORS® released their data on the U.S. housing market in August, and it contained a few things which I found interesting and wanted to share with you. U.S. Housing Market 2023: Home Prices, […]
Market News How Low Inventory Is Affecting the Housing Market Low Inventory Housing Market Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. As we are all aware, the housing market has softened considerably with the number of existing homes available to buy close to record lows. Today we are going to talk about supply, and how the […]
Preparing to Buy a Home Why Should I Work With A Real Estate Agent? TOP 3 THINGS BUYERS WANT MOST: #1 HELP FINDING THE RIGHT HOME What’s your ideal location? Many factors can influence where you want to purchase a home. It could be anything from the school district, proximity to shopping and dining or just the right neighborhood vibe. What are your thoughts on home improvements? A home’s […]
Preparing to Sell Your Home Selling Your Home: 5 Common Myths Selling your home is a crash course in real estate education. As you prepare to sell, it’s important to remember that that not everything you’ve heard is true. There are several common myths that can lead to costly mistakes in the selling process. Knowing the truth behind them will clarify your selling journey and help […]
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Market News GARDNER REPORT – Q2 2023 WESTERN WASHINGTON [Gardner Report by Windermere’s Chief Economist, Matthew Gardner] ECONOMIC OVERVIEW: As discussed in the first quarter Gardner Report, job growth continues to slow. Even though Western Washington added 54,391 new jobs over the past 12 months, which represented a decent growth rate of 2.3%, the slowdown in the creation of new jobs is palpable. The […]
Market News Local Market Update – July 2023 This summer’s local housing market is seeing low inventory feed higher prices, putting the squeeze on would-be buyers. June is typically the month where home prices reach their apex, and last month was no exception as King and Snohomish counties’ prices neared the peaks seen during the sugar high of the pandemic market. Approximately 80% […]
Market News Top 10 Real Estate Market Predictions 2023 | Mid-Year Update The following predictions were made last November by Windermere’s chief economist, Matthew Gardner. They covered everything from expectations for home sales and prices, to shifting government policies. Let’s see how these predictions actually held up.  Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner and you may remember that at the end of last […]
Local Events Experience the Rhythm of Summer in Seattle As the sun shines brightly and the warm breeze sweeps through the Emerald City, it’s the perfect time to embrace the vibrant music scene and indulge in the joy of live performances. Seattle and its surrounding areas come alive during the summer with a multitude of outdoor concerts. So, grab your friends, bring a blanket, […]
Market News Would the FHFA Mortgage Fee Changes Have Favored Buyers with Low Credit Scores? FHFA Mortgage Fee Changes Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner, and welcome to this month’s episode of Monday with Matthew. As most of you are aware, the Federal Housing Finance Authority announced that they were going to raise the upfront fees for mortgages backed by Fannie Mae and Freddie Mac, and that led to significant […]
Market News Q1 2023 Western Washington Real Estate Market Overview The following analysis of select counties 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 […]
Market News The Current State of the U.S. Housing Market- April 2023 As usual, a little perspective. Between 1990 and the pre-bubble peak in 2006, home prices rose by 142%, which was a pretty impressive annual increase of 5.6% over a 16 1/2-year period. When the market crashed, prices dropped by 33%, but from the 2012 low to today, prices have risen by 131%, or at an even […]
Market News Local Market Update April 2023 Spring has truly arrived in our region, with longer days and blooming cherry blossoms. Along with these harbingers of the season, the pace of the local real estate market has also picked up, indicating that the spring market is finally here. An uptick in new listings and price gains in the last month demonstrates a […]
Architecture & Design Eclectic Interior Design When decorating your home, it can be hard to decide on just one aesthetic. Maybe you’re a fan of mid-century modern interior design but its minimalistic approach leaves you wanting more. Maybe you love the clean look of a farmhouse style interior but wish it had some of that classic Art Deco flair. Fortunately, there’s an approach you can take where […]
Market News Will Rising Foreclosures Impact the Housing Market? Rising U.S. Foreclosures The market has certainly shifted since mortgage rates started skyrocketing last year and, with prices pulling back across much of the country, some have started to become concerned about the likelihood of foreclosures rising—clearly a timely topic given current circumstances. Windermere Real Estate’s Chief Economist Matthew Gardner monthly episode of Monday with […]
Market News March Local Market Update A recent surge in purchase activity indicates that the early spring real estate market is in full swing in our region. Fluctuating interest rates have caused some buyers to converge on properly-priced listings when rates are down, while potential sellers have been hesitant to let go of the historically low mortgages they have on their […]
Preparing to Buy a Home How to Save Money to Buy a House It’s no secret that buying a home is a serious financial undertaking, but aspiring homeowners are often left wondering what the methods behind the process actually look like. One of the telltale signs that you’re ready to buy a home is having substantial savings to use toward the purchase. The following information goes under the hood of […]