As we are fully entrenched in a new normal amidst the COVID-19 pandemic, it is important to note that the Q1 stats you see are based on pre-coronavirus closed sales activity and therefore largely untouched by our current market reality. While Q1 serves as a pre-coronavirus benchmark, Q2 […]
Read MoreAs 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 […]
Read MoreWith 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 […]
Read MoreEvery 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 […]
Read MoreA 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 […]
Read MoreQ3 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 […]
Read MoreNothing 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 […]
Read MoreChanges 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, […]
Read MoreLOCAL 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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