Real Estate

Market Updates

Q1 2020 Reports: Market Update

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 and Q3 will more accurately […]
Market Updates

Economic Insights from Matthew Gardner

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 economic slowdown accompanied by a […]
Living, Selling

Remodeling Cost vs. Value

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 chart below shows cost vs. […]
Market Updates

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

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 throughout the year resulted in […]

Market Updates Q1 2020 Reports: Market Update 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 and Q3 will more accurately […]

Market Updates Economic Insights from Matthew Gardner 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 economic slowdown accompanied by a […]

Living Remodeling Cost vs. Value 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 chart below shows cost vs. […]

Market Updates Annual Seattle-Eastside Real Estate Report: A Look Back at 2019 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 throughout the year resulted in […]

Market Updates Q3 2019 Reports: Market Update 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 place in a more equitable […]

Market Updates Q2 2019 Reports: Market Update 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, as is the number of […]

Market Updates Local Market Update April 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 make the right choice. Despite […]

Real Estate Home-ownership Greatest Predictor of Wealth 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 area have appreciated at an average […]

Selling Tips for Selling Your Home Affordable Tips To Up Your Home’s Curb Appeal Posted in Living and Windermere by Kenady Swan You’ll never have a second chance at a first impression, so let’s make it count! When it comes to upping your home’s curb appeal, there are plenty of small changes you can make that have a big impact. […]