Real Estate Updates Selling Your Home in a Balanced Market Your local market conditions dictate the real estate climate around you. Where things are on the buyer’s/seller’s market spectrum will impact how you and your Windermere real estate agent approach selling your home. As a part of this process, it’s important to understand the different types of markets and how their conditions play into accurately […]
Buyers & Sellers 2023 MARCH SEATTLE REAL ESTATE STATS
Real Estate Updates 2023 MARCH EASTSIDE REAL ESTATE STATS
Real Estate Updates Amazon Plans to Move into Two Bellevue Office Towers in 2023 Amazon will be moving into two more towers in Downtown Bellevue at the end of 2023, according to the Puget Sound Business Journal. The buildings are 555 Tower and one of the towers at the West Main development. 555 Tower is a mixed-use office space that is made up of 42-stories. The office space is 695,610 […]
Buyers & Sellers Renting vs. Buying a Home: The Financial Benefits of Homeownership   Renting vs. Buying a Home One of my followers asked me about some of the financial benefits of owning your home as opposed to renting. I find this topic interesting as there really is a “laundry list” of reasons that, from a financial standpoint, owning a home is better than renting. I’m Matthew Gardner Chief […]
Real Estate Updates Redfin reports return of bidding wars in Seattle housing market SEATTLE — Redfin agents say bidding wars are back in the Puget Sound as the housing market has begun to recover from a low point in the second week of November. According to a new Redfin report, the number of Redfin users requesting first tours increased 17% since the second week of November, and the number of […]
Real Estate Updates Seattle Tech Layoffs – What it means for the housing market
Real Estate Updates Update from Andy Jassy (Amazon CEO) on return to office plans he message below was shared with Amazon employees today (February 17, 2023). It’s hard to believe, but it’s been nearly three years since the pandemic began, and we recommended that all our employees who were able to work from home do so. We subsequently updated guidance a few times, with the last guidance (in the […]
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Real Estate Updates 2023 FEBRUARY EASTSIDE REAL ESTATE STATS
Real Estate Updates 2023 FEBRUARY SEATTLE REAL ESTATE STATS
Real Estate Updates Falling mortgage rates bring some homebuyers back to market Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to New York to be closer to her family. After a year of renting, Wade, a 35-year-old public relations executive for Amazon, was ready to buy, just as the […]
Real Estate Updates Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week The U.S. housing market’s topsy-turvy ride shows no sign of letup in the new year, as mortgage applications rose sharply last week despite fears that home sales will keep sinking in 2023. Mortgage applications for the week ending Jan. 13, 2023, rose a whopping 27.9% from the prior week, according to data released Wednesday by the Mortgage Bankers Association […]
Real Estate Updates Monday with Matthew: Why This Year’s Market Won’t Be Like 2008 Hello there, I’m Windermere’s Real Estate’s Chief Economist Matthew Gardner and welcome to the first episode of “Monday with Matthew” for 2023. As has become tradition, this first episode of the year will be dedicated to my real estate forecast for the U.S. housing market, so let’s get straight to it. 2023 Real Estate Forecast Existing Home […]
Real Estate Updates 2023 JANUARY EASTSIDE REAL ESTATE STATS
Real Estate Updates 2023 JANUARY SEATTLE REAL ESTATE STATS
Buyers & Sellers Mortgage refinance demand surges, as homeowners take advantage of lower interest rates After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite potential homebuyers. As a result, total mortgage application volume rose just 1.2% last week compared with the previous week, according to the […]
Buyers & Sellers 5 Interior Design Trends for 2023 The interior design trends of 2022 included a renaissance of colorful decorating, a preference for sustainable materials, and incorporating nature throughout the home. They reflected the continued evolution of our lifestyles in recent years and showed an overall desire for our homes to be somewhere we can relax, decompress, and focus on our wellbeing. With 2023 just […]
Buyers & Sellers Staying Safe When Selling Your Home Staying organized while selling your home can feel impossible, especially if you’re buying a new home at the same time. There’s also the pressure to keep your home clean and tidy for showings to prospective buyers. In all the chaos, taking the proper safety precautions can fall by the wayside, but it is something that should […]
Buyers & Sellers Did you buy a house before 2022? If the answer is ‘no,’ you will likely be on the wrong end of financial inequality over the next decade — here’s why If you bought a house before 2022, then you should count yourself among the fortunate. The rise in mortgage rates coupled with still steep housing prices in most markets is quickly putting housing affordability out of reach for many. Nadia Evangelou, senior economist for the National Association of Realtors, noted earlier this month that mortgage rates are still more […]
Real Estate Updates Simple Garage Makeover Ideas For some homeowners, the garage is the focal point of their home. For others, it is simply a storage space or a place to park their vehicle. Regardless of how you use your garage, these simple garage makeover ideas can help keep you organized, boost your curb appeal, and increase your home’s value. Simple Garage Makeover […]