Articles

How will the coronavirus impact the housing market?

Economic Insights from Matthew Gardner

Apr 7, 2020

  As we all hunker down through these challenging times, it is comforting to remember that there will be light at the end of the tunnel. A voice of calm and reason in this time of uncertainty has been our Windermere Chief Economist, Matthew Gardner. While he is expecting an […]

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2020 Interior Design Trends: 5 Takeaways to Refresh Your Home

2020 Home Trends

Mar 5, 2020

  With 2020 now in full swing, we’re seeing some clear shifts in how homes are being designed and decorated. Most notable for our area is the Modern Farmhouse trend with its juxtapositions of old & new, light & dark, and clean & rustic. Softer grey and lagom neutrals are […]

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Will Remodeling Pay Off?

Remodeling Cost vs. Value

Feb 4, 2020

  Every year, Remodeling Magazine evaluates which projects bring the most return at resale in different markets around the country in their “Cost vs. Value” report. While returns have dipped nationwide due to growing costs and consumer anxiety, Seattle still saw better pay-off on remodeling than the national average. The […]

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Annual Market Review: Seattle & The Eastside

Annual Seattle-Eastside Real Estate Report: A Look Back at 2019

Jan 14, 2020

  A strong local employment sector, very low mortgage interest rates, and the most balanced market we’ve seen in two decades each contributed to increased sales velocity in 2019.   While the number of homes for sale increased overall in 2019 as compared to 2018, the higher rate of sales […]

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Q3 Market Snapshot for Seattle and the Eastside

Q3 2019 Reports: Market Update

Oct 15, 2019

  Q3 was the most stable and balanced market we have seen in years. With very low mortgage interest rates compelling buyers to act and fewer homes for sale than we saw last fall (when a flood of homes came to market), buyers and sellers are each finding their own […]

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Planning Ahead: The Life Expectancy of Your Home

Planning for the Life Expectancy of Your Home

Sep 4, 2019

  Nothing in life lasts forever – and the same can be said for your home. From the roof to the furnace, every component of your home has a lifespan, so it’s a good idea to know approximately how many years of service you can expect from them. This information […]

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Q2 Market Snapshot for Seattle and the Eastside

Q2 2019 Reports: Market Update

Jul 15, 2019

  Changes in the home lending environment drove down mortgage interest rates in Q2 to their lowest levels in years, giving buyers more buying power for their money and stimulating demand for available homes on the market.   The number of homes for sale is up markedly, especially in Seattle, […]

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Local Market Update April 2019

Apr 22, 2019

LOCAL ECONOMY 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 […]

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Home-ownership Greatest Predictor of Wealth

Apr 22, 2019

According to the Survey of Consumer Finance, homeownership is the primary driver of wealth in the U.S. A recent Seattle Times article reported that the median net worth for Seattle homeowners is about 25 times higher than those who rent. How Homeownership Creates Wealth A home appreciates. Since 2000, homes in the Seattle […]

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