Local Market Update - July 2018

Local Market Update – July 2018

The local real estate market looks like it might finally be showing signs of softening, with inventory up and sales down. More sellers have opted to put their homes on the market. Inventory was up 47 percent in King County and price increases were in the single digits. Despite the increase in inventory and slowdown […]

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What’s in a Condo? The In-Between Style of Home That Might Be the Right Fit for You

  Condominium homes are a great, low-maintenance choice for a primary residence, second home, or investment property. This alternative to the traditional single-family home has unique issues to consider before buying, as well as unique benefits. Here’s some background information to help you decide whether purchasing a condo is a good match for you. Increasingly, […]

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907 225th Place SE, Bothell WA, 98021

MLS #1290830 / $525,000 / 3 bed / 2.5 bath / 1,527 sq feet / 2 car garage Gorgeous townhome in a small and quiet complex. Stunning hardwoods welcome you into the open concept floorplan with 9’ ceilings. 3 large bedrooms and 2.5 baths. Kitchen with granite counters opens to living room and looks out […]

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Local Market Update - June 2018

Local Market Update – June 2018

Last month brought some long-awaited, positive news for buyers with May posting the most new listings in over a decade. Despite the uptick in inventory, most homes are selling in less than a month. Prices haven’t been impacted either, with the majority of the region continuing to experience double-digit home price increases. Eastside The median […]

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1004 185th Ave NE, Bellevue WA 98008

MLS #1307510 / $1,650,000 / 3 bedroom / Den / Bonus / 4.5 baths / 4,896 Square feet / 19,602 sq ft lot Lake views from virtually every room in the house. Extensive updates throughout. Hardwoods on all floors and in all but one room. Gorgeous custom kitchen w/slab granite, BlueStar range and stainless appliances. […]

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44099 R1 12 1

8004 NE 123rd Street, Kirkland

Sold with three offers for full price! MLS #1284078 / $625,000 / 4 bed / 1.75 bath / 1,730 sq feet / 8,165 Lot size Cute home on a spacious lot just minutes to everything in Kirkland. Very well maintained and tons of updates including new carpet, new interior paint, newer roof and water heater. […]

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Understanding the Modern Home

Understanding the Modern Home

Sleek design, open floor plans, and great natural lighting are all appealing characteristics of modern architecture. Over the years, modern design concepts in home building have become more popular, as is the resurgence of interest in modern real estate. More companies, like 360 modern, are specializing in modern properties. Modern homes vary greatly in style; however, […]

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Eastside Market Review – First Quarter 2018

Eastside Market Review – First Quarter 2018

The available supply of homes on the Eastside continued to fall short of demand in the first quarter of 2018. With just two weeks of available inventory, competition for homes remained intense. The result was a steady growth in home prices. The median price of a single-family home hit new highs in the first quarter […]

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Local Market Update - May 2018

Local Market Update – May 2018

 Another month, another record. Despite a slight uptick in inventory that showed the highest level of active listings since last August, both King and Snohomish counties saw home prices in April hit all-time highs. There is less than one month of inventory available in both counties, far below the four to six months of […]

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8833 NE 178th St, Bothell 98011

Sold with four offers or $720,000! MLS #1284018 / $700,000 / 3 bed / 2.5 bath / loft / 2 car garage / 2,153 sq ft / 5,787 lot size Beautiful, close-in-Bothell home is ready to go. With 3 beds, 2.5 baths, this home offers spacious comfort in a well-designed floor plan. Between its “country-porch” […]

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Annual change in home sales

The Gardner Report: First Quarter 2018

  The following analysis 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. Economic Overview The Washington State economy added 96,900 new jobs over the past 12 months, representing an annual growth rate […]

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Home Prices Hit New Records: Take Advantage Of Your Equity

Home Prices Hit New Records: Take Advantage Of Your Equity

The Great Recession took its toll on housing prices, with home values declining throughout the country.  Since then, prices have rebounded. While many areas of the U.S. are not back to pre-crash levels, home values in Washington State have increased significantly. Homeowners here have the second highest appreciation rate in the country. The economists at […]

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11058 NE 33rd Place, #D12, Bellevue WA 98004

Sold with five offers for $365,000 MLS #1271869 / $335,000 / 1 bed / 1 bath / 667 sq ft / 1 covered parking Gorgeous one bed, one bath, top-floor, updated condo in this nearly hidden complex just minutes to everything. All new interior paint and new carpet. Light and bright with an open kitchen […]

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Modern house entryway with concrete walkway and amazing water view. Northwest, USA

The Market in 2018

In our last newsletter (March, 2018) we talked about where the market will take us in 2018, the question was prompted by the high demand for housing compared to the very thin supply of same. To continue with that thought we want to share what we already see in this spring season.   The Chart […]

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Local Market Update - April 2018

Local Market Update – April 2018

Despite the typical seasonal surge in new listings, supply in our area continued to fall far short of demand in March. With just two weeks of available inventory in every market, competition for homes is intense. The result was another month of double-digit price increases as compared to a year ago. The region has now […]

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Local Market Update – March 2018

Local Market Update – March 2018

 The local real estate market set new home price records in many parts of the region in February. Prices here have grown faster than anywhere else in the country for the last 16 months in a row. Demand remains high and inventory very low. Brokers are hoping the normal seasonal increase in listings this […]

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new luxury home with elegant touches including covered entrance, columns

Where Will 2018 Take Us?

News stories are “new” stories, or put more simply – what is new is news. But for this first newsletter of 2018, we will be writing about a market trend that is not new, and yet that is news in itself. There was a day not too many years ago, when home prices were in […]

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Content Screen Shot 2018 02 26 At 8.46.36 AM

February Home Maintenance Checklist

It’s February – winter’s not over yet, but spring is right around the corner. If you have cabin fever from being inside, cleaning and freshening up your house can help you get through this last month of winter and be ready to get outside when spring arrives. Once you check these items off your to-do […]

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Selling You Home Step By Step Badgley

Selling your home: A step-by-step approach

Whether you’re starting a family, moving for your job, getting ready to retire or embarking on a new chapter in your life, when your home no longer suits your current situation, it’s time to think about selling it. Although this can be a bit complicated, with the help of your agent, you can minimize the […]

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Local Market Update – February 2018

Local Market Update – February 2018

With competition for homes growing and inventory shrinking, the real estate market in January was as hot as ever. Home prices were up by double digits as buyers chased severely limited inventory. The number of homes for sale hit a record low for the month of January, which should strongly favor sellers as we move […]

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Annual change in home sales

The Gardner Report – Fourth Quarter 2017

Economic Overview The Washington State economy added 104,600 new jobs over the past 12 months. This impressive growth rate of 3.1% is well above the national rate of 1.4%. Interestingly, the slowdown we saw through most of the second half of the year reversed in the fall, and we actually saw more robust employment growth. […]

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