In the waning days of summer, the local real estate market saw rising sold prices, declining mortgage rates and rising inventory. The price trend shows that sellers are still seeing gains by listing their homes. The rate and supply trends are motivating buyers to be active in the market this fall. As of the second […]
The lazy days of summer are upon us, but home and condo sales are not the least bit idle. Just last month every area in this report saw more homes sell and for higher median prices than a year ago. And this month we’ve witnessed the year’s single biggest one-week drop-in mortgage rates, which have […]
The numbers are in, and last month’s real estate sales data in our region told two tales. The first is of a market that has had far more demand than supply, with rising prices and quickening market times reflecting this imbalance. The second tale is of a market attracting the attention of sellers eager to […]
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, […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]