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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
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Happening on the Eastside: June 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. June is a busy month full of fun ways to welcome in summer to from wine walks to festivals and more! Kirkland June 21: Kirkland Spring Fling Wine Walk June 23: Sailboats at
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The Housing Market in 2019

The last time we saw a balanced market was late 1990s, meaning many sellers and buyers have never seen a normal housing market.  Windermere Real Estate’s Chief Economist Matthew Gardner looks at more longer-term averages, what does he see for the future of the housing market?         This post originally appeared on
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Washington was Just Ranked Best State in America

SEATTLE – A top national news site has ranked Washington as the best state in America. The ranking, announced Tuesday by U.S. News & World Report, says the home of Amazon, Microsoft, Starbucks and Boeing earned the No. 1 ranking based on several criteria, including health care, education, economy and opportunity. “This confirms what we in
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Local Market Update – May 2019

April brought good news for homebuyers. Inventory increased, prices continued to moderate and mortgage rates remained low. While buyers have more choices, there is still less than two months of inventory on the market. Demand is expected to remain strong as we head into the prime spring real estate season. Eastside >>>Click image to view
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2019’s Housing Market is Likely to Be Stronger Than We Thought–Here’s Why

Despite a real estate slowdown gripping the nation, this year’s housing market is expected to be busier than realtor.com® economists originally predicted late last year. That means more home sales—and higher prices—are on the way. The anticipated uptick in activity is due to lower mortgage rates, which make homes more affordable for buyers. The economic team expected
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Happening on the Eastside: May 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. May is packed full of fun things to do from street fairs, to Mother’s Day events, yoga and music festivals, art and more! Kirkland May 11: Kirkland Art Walk May 12: Mother’s Day ½
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Local Market Update – April 2019

After months of softening, home prices began to rise in February. That trend continued in March. While prices in most areas were down from the same time last year, they increased over the prior month. New listings rose as well, offering buyers more options and more time to make the right choice. Despite the uptick