Blog - Teck Chu

Real Estate Updates

Amazon is asking some employees to move closer to the office

Doubling down on its efforts to bring corporate and tech employees back to the office, Amazon is asking some workers to relocate to ensure they’re close enough to work in person with others on their teams. Decisions about who will need to relocate are being made at a department level, and the number of employees […]
Real Estate Updates

Monday with Matthew: Housing Market 2023: Home Prices, U.S. Demographics, and More

Harvard University’s latest edition of “The State of the Nation’s Housing” has arrived, and Windermere Chief Economist Matthew Gardner is here to break down what the data presented in the report means for the U.S. housing market in 2023 and beyond. This video is the latest in our Monday with Matthew series with Windermere […]
Real Estate Updates

Housing Market Decoded: Don’t expect price drops… yet

A correction doesn’t seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner. During the five years leading up to the pandemic, U.S. home prices were rising at an average rate of 5.5% per year. However, as we all know, Covid-19 led the Federal Reserve […]
Real Estate Updates

2023 JULY EASTSIDE MARKET STATS

Real Estate Updates Amazon is asking some employees to move closer to the office Doubling down on its efforts to bring corporate and tech employees back to the office, Amazon is asking some workers to relocate to ensure they’re close enough to work in person with others on their teams. Decisions about who will need to relocate are being made at a department level, and the number of employees […]

Real Estate Updates Monday with Matthew: Housing Market 2023: Home Prices, U.S. Demographics, and More Harvard University’s latest edition of “The State of the Nation’s Housing” has arrived, and Windermere Chief Economist Matthew Gardner is here to break down what the data presented in the report means for the U.S. housing market in 2023 and beyond. This video is the latest in our Monday with Matthew series with Windermere […]

Real Estate Updates Housing Market Decoded: Don’t expect price drops… yet A correction doesn’t seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner. During the five years leading up to the pandemic, U.S. home prices were rising at an average rate of 5.5% per year. However, as we all know, Covid-19 led the Federal Reserve […]

Real Estate Updates 2023 JULY EASTSIDE MARKET STATS

Real Estate Updates 2023 JULY SEATTLE MARKET STATS

Real Estate Updates 2023 Top 10 Predictions | Mid-Year Update Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. You may remember that at the end of last year, I published my Top-10 Predictions for 2023 and, as we hit the mid-year mark, some of you have been asking me how well my forecasts have […]

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

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. […]

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