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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 […]
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Market News Local Market Update – February 2023 According to Windermere’s Chief Economist Matthew Gardner, taking an annual average “is better than comparing this month to this month.” For example, inventory across the Puget Sound region is up almost 200% year-over-year. When compared to the number of active listings during the last pre-pandemic year, the current number falls short by about 30%. This […]
Preparing to Sell Your Home Staying Safe When Selling Your Home Staying organized while selling your home can feel impossible, especially if you’re buying a new home at the same time. There’s also the pressure to keep your home clean and tidy for showings to prospective buyers. In all the chaos, taking the proper safety precautions can fall by the wayside, but it is something that should […]
Market News Q4 2022 Western Washington Real Estate Market Update 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 your Windermere Real […]
Market News 2023 Real Estate Forecast: Why This Market Won’t Be Like 2008 2023 Real Estate Forecast Existing Home Sales & Forecast Image Source: Matthew Gardner 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 […]
Preparing to Sell Your Home 5 Interior Design Trends for 2023 The interior design trends of 2022 included a renaissance of colorful decorating, a preference for sustainable materials, and incorporating nature throughout the home. They reflected the continued evolution of our lifestyles in recent years and showed an overall desire for our homes to be somewhere we can relax, decompress, and focus on our well being. […]
Preparing to Buy a Home How to Buy a House in 2023 How to Save Money to Buy a House No matter where your savings stand, these strategies can help to beef up your savings account as you prepare to buy a home. Reduce Debt: Carrying extra debt can weigh you down throughout the home buying process. And even if you make progress on your savings, you’ll be […]
Windermere Foundation $50 Million Raised for the Windermere Foundation! This has been a special year at Windermere. For our 50th anniversary, we set a goal of hitting $50 million in total donations to the Windermere Foundation, which supports low-income and homeless families in our communities. And we did it! Thank you to anyone who donated, volunteered, or helped at our events this year for […]
Preparing to Sell Your Home Eastside Market Update- November As the final quarter of 2022 rolls on, it’s clear that these last months will be anything but typical for home buyers and sellers in King and Snohomish counties. In a real estate market that’s been defined by high competition and low supply for the last number of years, buyers and sellers are changing tactics […]
Market News Matthew Gardner’s Top 10 Predictions for 2023 WATCH THE VIDEO HERE! Windermere’s Chief Economist Matthew Gardner’s Top 10 Predictions for 2023. Each month, he analyzes the most up-to-date U.S. housing data to keep you well-informed about what’s going on in the real estate market. 1. There Is No Housing Bubble Mortgage rates rose steeply in 2022 which, when coupled with the massive […]
Market News LOCAL Q3 REAL ESTATE UPDATE
Market News SEPTEMBER MARKET UPDATE Windermere’s Chief Economist says… I’m going to leave you with my quote to describe today’s market today and it’s that we are in a “housing reversion,” NOT a housing recession. Read the full report and/or watch the video here: Are We in a Housing Recession?
Preparing to Sell Your Home 7 Tips for Staging Your Home Yourself Home staging is an integral part of the home selling process. The impact of home staging is crystal clear, but how you go about it deserves some consideration. Many homeowners will hire a home staging professional, trusting their expertise to make their home as appealing as possible to buyers. However, if hiring a professional isn’t in […]
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