Monthly Newletter Monthly Newsletter Most recently, we have experienced an uptick in market activity. In fact, in King and Snohomish counties we saw a 53% increase in pending sales from December to January. While it is seasonally normal to see activity increase at the first of the year, it was 16% higher than the previous January. This increase is being driven […]
Community Info Rent vs. Own The Current Break-Even Horizon* In The Seattle Metro Area Is 1.69 Years! *The amount of time you need to own your home in order for owning to be a superior financial decision. With expensive rental rates, historically low interest rates, and home prices softening, there are advantages to buying versus renting. In fact, the Seattle Metro area […]
Community Info Get a Jump on Spring Cleaning   Whether you hire an outside professional for help, or tackle the project yourself, now is a great time to get a jump on spring cleaning. Many people wait for warmer temps to start cleaning, but I think most everyone can agree that those weekends would be better spent outdoors, soaking up that sun. So, […]
Monthly Newletter Monthly Newsletter Happy 2019! As we head into the New Year, it’s a great time to look ahead to what the real estate market has in store. Just last week, I had the pleasure of hosting an Economic Forecast Event with Windermere’s Chief Economist, Matthew Gardner, and soaked up his knowledge and predictions. Below are his general […]
Community Info South King County Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 89%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 1.7 months, 30% more […]
Community Info Eastside Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 8% and since 2012 has increased 87%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 2 months, double […]
Community Info Seattle Metro Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 93%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 1.5 months, double that […]
Community Info North King County Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 92%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 1.5 months, double that […]
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Community Info South Snohomish County Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 85%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 1.5 months, double that […]
Community Info North Snohomish County Quarterly Market Trends – 4th Quarter 2018 2018 was a year of change and growth. The market shifted from an extreme seller’s market, but still had strong gains. Year-over-year, median price is up 9% and since 2012 has increased 88%! Over the last 19 years, the average year-over-year price increase has been 6%. This puts into perspective the growth we have experienced, resulting in well-established equity levels. In 2018, inventory averaged 1.6 months, higher […]
Monthly Newletter Monthly Newsletter 2018 was a year of growth and change. The dynamic greater Seattle area and hottest real estate market in the country started to head toward some balance. After six years of expansion resulting in an extreme seller’s market, we encountered a market shift in the late spring. Where it is tricky, is the media paints a somewhat scary […]
Community Info 5 Alternatives to a New Year’s Resolution The pressure to come up with resolutions and improvements always mounts near the end of the year, but everyone knows that statistically speaking, most of us won’t stick to our New Year’s resolutions much past February. So rather than give in to societal pressure, guilt, and feelings of hopelessness, I propose a shift in perspective […]
Community Info Where to Celebrate New Year’s Eve   New Year’s Eve 2018 is almost upon us, and if you are still looking for something to do, read on! There are lots of options in the greater Seattle area, whether you are looking for the biggest blow-out bash or an earlier, family-friendly event. New Year’s Eve Celebration at Seattle Center There are actually […]
Community Info Christmas Tree Farms & Winter Activities   è King County: ♦  Buttonwood Farm 14500 NE 116th St, Redmond 100% organic you-cut or white-glove delivery service, saws provided, hot chocolate and cookies ♦  Carnation Tree Farm 31523 NE 40th St, Carnation You-cut trees, pre-cut trees, wreaths, garlands, mistletoe, Santa visits, Christmas decorations, trees baled, saws provided, hay rides ♦  Cedar Falls Tree […]
Monthly Newletter Monthly Newsletter Quarterly Economic Update for Western Washington We are so fortunate here at Windermere to have Matthew Gardner, Windermere’s Chief Economist to help keep us informed on our economy and the real estate market. Each quarter Matthew compiles in-depth research on counties from across Western Washington. Click here to download Matthew’s full Q3 2018 report and check out the […]
Monthly Newletter Monthly Newsletter With a healthy increase in inventory since May, the need for buyers to have all their down payment funds immediately available, and a willingness to make offers with no contingencies has passed in most cases. It has been quite a relief, and is providing opportunities for many folks that have wanted to cash in on their […]
Community Info Matthew Gardner Report – 2018 3rd Quarter ECONOMIC OVERVIEW Washington State continues to be one of the fastest growing states in the nation and there is little to suggest that there will be any marked slowdown in the foreseeable future. Over the past year, the state has added 105,900 new jobs, representing an annual growth rate of 3.2%. This remains well above […]
Community Info South King County Quarterly Market Trends In September, the average days on market landed at 26 days and the original list-to-sale price ratio 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price growth to a more sustainable level. Back in April, the average […]
Community Info North Snohomish County Quarterly Market Trends In September, the average days on market landed at 29 days and the original list-to-sale price ratio at 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price growth to a more sustainable level. Back in May, the […]
Community Info Seattle Metro Quarterly Market Trends In September, the average days on market landed at 23 days and the original list-to-sale price ratio 98%. Since May, inventory growth has been noticeable, and has given buyers more options. This has led to more negotiations and fewer bidding wars, which is tempering month-over-month price growth to a more sustainable level. Back in April, the average […]