Blog - Teck Chu

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 […]
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 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 […]

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 […]

Real Estate Updates Preparing Your Garage for an Electric Vehicle Many have made the switch from gas-powered to electric vehicles (EVs). They help to make a household more sustainable by reducing its carbon footprint, cut down on gas costs, and present a variety of technological solutions for modern home life. With more EVs being produced by a greater number of auto manufacturers than ever before, their driving […]

Real Estate Updates 2022 DECEMBER EASTSIDE REAL ESTATE STATS

Real Estate Updates 2022 DECEMBER SEATTLE REAL ESTATE STATS

Buyers & Sellers Real Estate Terminology: Contingent, Pending, Under Contract, and More Different real estate transactions have different conditions based on the status of the listing. The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to […]

Buyers & Sellers 10 great real estate podcasts HGTV and other channels on television and YouTube offer plenty of content about buying, selling, improving or investing in real estate. The problem is, many of us lack the time to simply sit down and watch. If you’re one of those people, you’re in luck: There’s an ample supply of real estate podcasts out there […]

Real Estate Updates Q3 2022 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 Teck Chu. […]

Real Estate Updates 2022 NOVEMBER EASTSIDE REAL ESTATE STATS

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