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Why this is Not Like Last Time: A Recession Does Not Equal a Housing Crisis

With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in a recent interview: “With
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What COVID-19 Means for Our Real Estate Market

This is the time of year when our real estate market starts to heat up, but many are  questioning what impact the coronavirus outbreak may have. For now, real estate industry experts say coronavirus remains a wild card. The lending and refinancing side of real estate has picked up tremendously, thanks in part to the
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Local Market Update: March 2020

The novel coronavirus (COVID-19) has not yet dampened demand in the housing market. Traffic at open houses remains heavy. Buyers who had waited last year for a drop in prices have now seen several months of home prices increases. With demand far outstripping supply and record low interest rates, the market heading into spring looks
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What to Consider When Adding to Your Home

Image Source: mimagephotography  When dissatisfaction with your current home strikes, it can be exciting to launch into a plan for a new addition. A new living room, bedroom, or more can add value to your home while improving your quality of life. On the other hand, even a modest addition can turn into a major construction
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Local Market Update: February 2020

New jobs and low interest rates continue to fuel the housing market boom. While January is traditionally a slower month for activity, the new year saw steady buyer demand. With the number of sales exceeding new listings, all indicators point to a strong spring market. EASTSIDE KING COUNTY SEATTLE SNOHOMISH COUNTY The tech industry on
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Happening on the Eastside: February 2020

Each month, we bring you the up-to-date list of community and special events happening across the Eastside in cities like Kirkland, Bellevue, and Redmond. February is packed full of Fun things to do, Valentine’s Day events, art and music festivals. Food, beer and wine tasting, there’s something for everyone.   Kirkland February 07: Kirkland All You Need
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Western Washington Real Estate Market Update

  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 further information about the housing market in your area, please don’t hesitate to contact your Windermere agent.   ECONOMIC
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Will There Be A Recession in 2020?

Windermere Chief Economist, Matthew Gardner, answers the most pressing question on everyone’s minds: Will there be a recession in 2020? Here’s what he expects to see.         Posted in Economics 101 Videos and Market News by Matthew Gardner, Chief Economist, Windermere Real Estate