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Buying Homes Clarity Through Chaos: Using the Data to Guide Decisions Clarity Through Chaos Using the Data to Guide Decisions I think we can all agree that we have been on a bit of a wild ride over the last 12 months in the real estate market. When the Fed decided to change its trajectory on interest rates in mid-2022, it created chaos and confusion. During […]
Buying Homes December is for Giving at Windermere North!   Between holiday parties, family obligations, work, and the pressure of finding the perfect gift, this time of year can come and go in a flash. At Windermere North, we never want this season to go by without coming together to lift up our community and give back in meaningful ways. Our office-wide annual holiday […]
Buying Homes Key Factors to Note as the Market Recalibrates in the New Year Key Factors to Note as the Market Recalibrates in the New Year 2022 has been an eventful year in the real estate market and the economy. After 2 years of pandemic-fueled demand and historically low interest rates, we experienced a shift. The Fed quickly raised rates (by 2 points) from April to October to combat inflation, […]
Buying Homes Matthew Gardner’s Top 10 Predictions for 2023                 Matthew Gardner’s Top 10 Predictions for 2023 1 There Is No Housing Bubble Mortgage rates rose steeply in 2022 which, when coupled with the massive run-up in home prices, has some suggesting that we are recreating the housing bubble of 2007. But that could not be further […]
Buying Homes Navigating a Balanced Market: PROPERTY PERPARATION, PRICING & NEGOTIATIONS   As we experience the fall equinox, when the length of a day is equal to the night, we are also experiencing a similar balance in the real estate market. We define a balanced market to have 2-4 months of available inventory. This means that if no new homes came to market, we would be […]
Buying Homes Understanding the Current Shift in the Real Estate Market: HOW INTEREST RATES AFFECT PRICES HOW   As we continue to examine the shift in the market, we must take a moment to take a deep dive into interest rates. Since the first of the year, long-term interest rates have increased 2.7% from 3.11% on 12/30/21 to the peak of 5.81% on 6/23/22, but have started to level out. On […]
Buying Homes How Does the Current Market Shift Impact Home Buyers & Sellers?   “How’s the market?” is a question I am asked all the time. Now more than ever, the answer to this question is critical and detailed. You see, our market is experiencing a shift, a slowing down of price growth, if you will. Believe it or not, this is providing great opportunities for both buyers […]
Buying Homes Real Estate Market Update               At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but […]
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Gardner Reports Aligning With The Right Broker Matters More Than Ever 2022 has had an incredible eventful start in our local real estate market. In January, the average list-to-sale price ratio (the percentage a house sells for in comparison to the list price) in King County was 105% and in Snohomish County it was 106%. This is in conjunction with complete year-over-year median price appreciation (the […]
Buying Homes Matthew Gardner’s 2022 Predictions   In January, my office hosted our 14th annual Economic Forecast Event with Matthew Gardner, Windermere’s Chief Economist. It was an hour-long presentation followed by lively Q & A that was packed with useful information to help guide us as we start the new year. Matthew journeyed the audience through a macro to micro approach, […]
Buying Homes Monthly Newsletter – Real Estate Market Recap   I’ve said it before and I’ll say it again, the 2021 real estate market has been a head-turner! In the second half of 2020, once we started to emerge from the COVID lockdown, the real estate market started to bustle with activity. 2020 ended up being a robust real estate year driven by low […]
Buying Homes Monthly Newsletter – The National Housing Market & Seahawks Partnership   As I mentioned in my last newsletter, Windermere is empowered by the knowledge and research of our Chief Economist, Matthew Gardner. Below is his latest monthly video report which touches on the latest numbers surrounding the national housing market. Here are some key data points derived from the final recorded July home sales numbers: […]
Buying Homes Monthly Newsletter – Gardner Report & Food Drive Results   At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but he is a coveted […]
Buying Homes Monthly Newsletter: Summer Time 2021   Last week I heard a quote from Mike Loftin of the Urban Institute that resonated with me. “We need to stop seeing housing as a reward for financial success and instead see it as a critical tool that can facilitate financial success.” Homeownership as an investment has always been a long-term hold in order for it to make […]
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