Real Estate

Real Estate

When Equity Meets Lifestyle: Sellers Moving Out, the Push to the Burbs, & Who’s Coming into the City

Over the last 5 years, housing has had abundant price appreciation, providing substantial equity for homeowners to utilize to make meaningful lifestyle moves or invest back into where they are. In King County, the median price has appreciated from $463,000 to $689,000 since July 2015, which is a 49% increase equaling $226,000! In Snohomish County, […]
Real Estate

Updated 2020 Forecast

As we head into the second half of 2020, we are starting to see the makings of a housing market recovery. There was a steep dive down in closed sales in April and May, but a quick snap back in June. This trajectory illustrates a “V” shaped change from the beginning of the COVID-19 […]
Real Estate

Currently Gathered Micro-Data Illustrating Summer is the New Spring Market

Since the onset of the COVID-19 pandemic reaching our region, I quickly shifted to updating you more frequently with information to help you stay informed on the real estate market. Since mid-March, I have been committed to gathering high-frequency data (micro-data) to help illustrate “Where We Are Now” and have provided this newsletter bi-monthly vs. […]
Real Estate

What is Happening with Home Prices?

What is Happening with Home Prices? It is without question we are living in one of the most unique times in all of our lives. Who would have thought we’d experience living life during a global pandemic? Beyond staying safe, adjusting daily habits, and navigating a changing economy, I’ve kept a very close eye on […]

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Real Estate When Equity Meets Lifestyle: Sellers Moving Out, the Push to the Burbs, & Who’s Coming into the City Over the last 5 years, housing has had abundant price appreciation, providing substantial equity for homeowners to utilize to make meaningful lifestyle moves or invest back into where they are. In King County, the median price has appreciated from $463,000 to $689,000 since July 2015, which is a 49% increase equaling $226,000! In Snohomish County, […]

Real Estate Updated 2020 Forecast As we head into the second half of 2020, we are starting to see the makings of a housing market recovery. There was a steep dive down in closed sales in April and May, but a quick snap back in June. This trajectory illustrates a “V” shaped change from the beginning of the COVID-19 […]

Real Estate Currently Gathered Micro-Data Illustrating Summer is the New Spring Market Since the onset of the COVID-19 pandemic reaching our region, I quickly shifted to updating you more frequently with information to help you stay informed on the real estate market. Since mid-March, I have been committed to gathering high-frequency data (micro-data) to help illustrate “Where We Are Now” and have provided this newsletter bi-monthly vs. […]

Real Estate What is Happening with Home Prices? What is Happening with Home Prices? It is without question we are living in one of the most unique times in all of our lives. Who would have thought we’d experience living life during a global pandemic? Beyond staying safe, adjusting daily habits, and navigating a changing economy, I’ve kept a very close eye on […]

Real Estate Will COVID-19 Impact Where People Want to Live? Will COVID-19 Impact Where People Want to Live? Recently, Matthew Gardner, Windermere’s Chief Economist released a video about the effects COVID-19 is having and/or could have on consumer tendencies in real estate. There seems to be quite the paradigm shift happening due to health reasons, appreciating simpler schedules, and the new phenomenon of many people working from home. Along with […]

Real Estate Are we keeping pace with 2019: A Look at Weekly Sales Activity Amid the Stay at Home Orders There have been a lot of questions that I have encountered about the stability of the housing market due to the global health crisis of COVID-19. I have kept close track of the statistics and daily activity in our market in order to help keep my clients well informed. Inventory levels remain very tight and buyer demand […]

Real Estate Are we Headed Towards a Repeat of the 2008 Housing Meltdown? Are we Headed Towards a Repeat of the 2008 Housing Meltdown? The pressure the COVID-19 global pandemic is putting on the economy is a reality. As a real estate broker, I take great pride in having the honor of being your trusted advisor when it comes to your investment in the housing market and protecting […]

Real Estate January Newletter Last week, we had the pleasure of attending our office’s 11th Annual Matthew Gardner Economic Forecast Event. At this event, Matthew gives the crowd a review of the previous year and forecasts trends for the economy and housing market for the next year and beyond. Below are our Top 12 Takeaways worth noting as you start […]

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Real Estate December Newsletter 2019 was a return to normalcy in the real estate market. After a volatile 2018 which encountered a sharp mid-year shift from an extreme seller’s market, 2019 had a more normal pace of seasonality and selection. After four to five years of multiple offers, week-long market times, waived inspections, and huge price escalations, we’ve now experienced a balancing […]

Real Estate November Newsletter We are pleased to present the third-quarter 2019 edition of the Gardner Report, which provides insights into select counties of the Western Washington housing market. This analysis is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information will assist you with making better-informed real estate decisions. For further information about the […]

Real Estate South King County Quarterly Market Trends – Q2 2019 South King County Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 5% complete year-over-year and up 2% from last June. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have […]

Real Estate Eastside Quarterly Market Trends – Q2 2019 Eastside Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 2% year-over-year at $925,000. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have had more choices over the last year, it […]

Real Estate South Snohomish County Quarterly Market Trends – Q2 2019 South Snohomish County Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 3% complete year-over-year and up 1% from last June. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers […]

Real Estate North Snohomish County Quarterly Market Trends – Q2 2019 North Snohomish County Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 8% complete year-over-year and up 3% from last June. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have […]

Real Estate Western Washington Real Estate Market Update 2019 Q1 Western Washington Real Estate Market Update Posted in Western Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate 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 […]

Real Estate South King County Quarterly Market Trends – Q1 2019 Months of inventory has reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 2.9 months in September of 2018 and found […]

Real Estate Eastside Quarterly Market Trends – Q1 2019 Months of inventory has reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 3.6 months in December of 2018 and found […]

Real Estate Seattle Metro Quarterly Market Trends – Q1 2019 Months of inventory was reduced as we finished out the first quarter of 2019. Months of inventory is the amount of months it would take to sell out of homes if no new listings came to market. This illustrates the balance between supply and demand. We peaked at 2.5 months in November of 2018 and found […]