Local Market Update – August 2019

The real estate market continued to moderate in July. Inventory rose and home values softened, providing buyers with increased selection and more favorable pricing. With strong job growth and interest rates holding at below 4 percent, brokers expect the market to remain solid through fall. EASTSIDE KING COUNTY SEATTLE SNOHOMISH COUNTY The market remains strong

Happening on the Eastside: August 2019

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. Kirkland August 1-5: Dogs Days of Summer Wine Tasting August 10: 1000 Lights Water Lantern Festival August 11: Kirkland Waterfront Car Show Bellevue August 06: Outdoor Movies in the Park August 10: Cougar

The Gardner Report – Second Quarter 2019

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 OVERVIEW Washington

Market Predictions for the Second Half of 2019

We’ve seen some unexpected shifts this year as the prices started to dip and mortgage rates dropped to unexpected lows. Matthew Gardner, Windermere’s chief economist gave his early prediction of a “balanced market,” something we hadn’t seen since the late 90’s. With the steep incline and declines we’ve seen in housing price over the last

Local Market Update: July 2019

The market in our region appears to be moderating. Inventory is up, prices are relatively stable and homes are taking a bit longer to sell. However, with less than two months of available inventory, supply is still far short of demand. Steady buyer activity, low interest rates and a thriving economy are making for a

Mortgage Rate Forecast

  Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year.     Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical

Apple Plans Major Expansion in Seattle

This week Apple announced plans to bring over 2,000 jobs to the Seattle area over the next five years. The company chose this region due to the “tremendous work that local leaders have done here over the past several decades to make Seattle a world-class place to live and work,” said Christina Rasby the company’s

Local Market Update – June 2019

JUNE 11, 2019 LOCAL ECONOMY The pace of the housing market gained momentum in May, bringing an uptick in open house traffic and offers. A drop in interest rates and increased inventory were great incentives for buyers. Despite the increase in supply there is less than two months of inventory available – half the national