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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
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?
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Real Estate Updates Matthew’s Take: Will Banking Turmoil Impact Housing?
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 […]
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 […]
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 […]
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 […]

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