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
Real Estate Updates 2022 NOVEMBER SEATTLE REAL ESTATE STATS
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Real Estate Updates 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 from the truth. Over the past couple of […]
Real Estate Updates Prepare Your Home for Winter As the days shorten, you can mitigate many mid-winter headaches with some preemptive prep. Proper weatherizing can help protect your home from preventable damage, save money on energy costs, and, most importantly, keep you and your loved ones safe and warm throughout the winter season. Here is a useful checklist to manage your weatherization project. […]
Real Estate Updates Your Winter Home Maintenance Checklist Winter is a magical season to spend at home. We all want to be able to enjoy the shorter days and longer nights from the comfort of our homes while we watch the season change. To truly enjoy this winter at home with peace of mind, you’ll want to complete a home maintenance checklist to […]
Real Estate Updates Homeowners Have A Fat Equity Cushion For Real-Estate Downturn US homeowners continued to build their equity positions last quarter even as the housing market cooled, and they have ample buffers to shield against a deeper downturn, according to a new study. The share of mortgage borrowers who are “equity-rich” — meaning that they owe no more than half of the property’s market value — […]
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 Windermere Real […]
Buyers & Sellers Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller The pace of housing-price gains fell by the largest amount in history in August, topping the previous record for deceleration set in July, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.   Despite the slowdown, U.S. housing prices remain significantly higher than they were a year ago.  Specifically, the national index rose […]
Buyers & Sellers Remodeling Projects to Avoid When Selling Your Home It’s common for homeowners to feel compelled to remodel their homes before they sell. Renovating the spaces in your home can increase its value and help you compete with comparable listings in your area. However, some remodeling projects are more beneficial than others as you prepare to sell your home. Always talk to your agent to determine […]
Buyers & Sellers What is a 1031 exchange? A 1031 exchange is a way to sell and buy real estate while avoiding capital gains taxes. Named after section 1031 of the IRS code, it allows you to sell an investment and buy another similar investment without being taxed on the profits from your sale. It used to be possible to do a 1031 […]
Buyers & Sellers Home Prices Might Drop but Won’t Crash: What Buyers Should Know Some would-be home buyers are rooting for a full-on housing market crash because prices have zoomed so far past the point of affordability. Please “crash faster so I might be able to own my own place one day,” a Twitter user pleaded. Another user tweeted, “Let’s hope there’s a housing market crash so people have […]
Real Estate Updates Are We in a Housing Recession?   Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. A little while ago, a housing analyst was being interviewed about the current state of the residential market and they suggested that the country is in a “housing recession.” Well, needless to say, this got a lot of attention from […]
Real Estate Updates MONDAY WITH MATTHEW: The Continued Decline of the Housing Market Index Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. Today we are going to take a look at the new home market where headwinds are certainly growing. And the reason this particular subject piqued my interest was that the National Association of Home Builders just released their Housing Market Index for August, and […]
Buyers & Sellers Understanding the Value of Your Home: Market Value vs. Assessed Value and More The math of a home sale is relatively straightforward. Sellers list their home at a certain price, a buyer makes an offer, and eventually the two parties reach a final, agreed-upon price. However, between these two points in the selling process, there are several other figures that go into to setting a home’s value that […]