Real Estate Updates Healthcare is now Washington’s top employment sector After years of being the state’s top employer by number of job postings, the tech sector has been surpassed by healthcare. A recent report indicates that since April of this year, six of Washington’s top ten employers looking to fill jobs were healthcare companies. In April 2023, Providence Health boasted the highest number of job […]
Real Estate Updates 2023 JUNE SEATTLE REAL ESTATE UPDATE
Real Estate Updates 2023 JUNE EASTSIDE REAL ESTATE UPDATE
Real Estate Updates Monday with Matthew: Why Were FHFA Mortgage Fee Changes Put on Hold? FHFA Mortgage Fee Changes Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner, and welcome to this month’s episode of Monday with Matthew. As most of you are aware, the Federal Housing Finance Authority announced that they were going to raise the upfront fees for mortgages backed by Fannie Mae and Freddie Mac, and that led to significant […]
Real Estate Updates Buying a New Construction Home You’ve got several options to choose from when buying your next home. With existing homes, it’s in sellers’ best interest to spruce up their properties, so they’ll usually complete some kind of upgrades, curb appeal projects, and remodeling before hitting the market. A new construction home, however, has no previous owner; it comes brand new. […]
Buyers & Sellers Buying a Fixer-Upper For some home buyers, a fixer-upper is their idea of a dream home. However, the process of buying a fixer-upper comes with additional responsibilities compared to properties in better condition or new construction homes. Preparing for the process comes down to creating a remodeling plan, knowing what to look for when searching for listings, and understanding […]
Buyers & Sellers Turnkey vs. Fixer-Upper: Pros and Cons The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the intent of renting it, both turnkey and fixer-upper listings will cross your path during your home […]
Real Estate Updates 2023 MAY SEATTLE REAL ESTATE UPDATE
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Real Estate Updates 2023 MAY EASTSIDE REAL ESTATE STATS
Real Estate Updates Q1 2023 Western Washington Real Estate Market Update The following analysis of select counties of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real […]
Real Estate Updates Residential Zoning Changes – What Does it All Mean? By Matthew Gardner Chief Economist Windermere Real Estate On April 8, 2023, the Washington State House of Representatives passed HB 1110, which is legislation that would allow the development of attached housing products, including duplexes, triplexes, fourplexes up to sixplexes, townhomes, and stacked flats on land currently designated for the development of single-family detached housing. […]
Real Estate Updates Changes are coming to some mortgage fees next month Washington, DCCNN — Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for many with lower credit scores and will increase for many with higher credit scores. But that doesn’t mean […]
Real Estate Updates Monday with Matthew: Mortgage Rate Predictions and Misconceptions
Buyers & Sellers Think Twice Before Waiting for Lower Home Prices As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. […]
Real Estate Updates Average long-term US mortgage rate drops a 5th straight week The average long-term U.S. mortgage rate inched down for the fifth straight week, positive news for potential home buyers and a real estate market that’s been chilled by the Federal Reserve’s series of interest rate hikes the past year.  Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate ticked down to 6.27% from […]
Real Estate Updates 2023 APRIL SEATTLE REAL ESTATE UPDATE
Real Estate Updates 2023 APRIL EASTSIDE REAL ESTATE STATS
Real Estate Updates Get Ready: The Best Time To List Your House Is Almost Here If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home […]
Real Estate Updates Monday with Matthew: Will Rising Foreclosures Impact the Housing Market?
Real Estate Updates Matthew’s Take: Will Banking Turmoil Impact Housing?