The Eastside Market Review is now available for the third quarter of 2018. Read the full report online by clicking the image below. This post originally appeared on the WindermereEastside.com Blog.
Whether you are thinking about buying or selling a home, interest rate trends are an important factor to consider. Mortgage interest rates have been rising and experts, including Windermere Chief Economist Matthew Gardner, predict that they will continue to increase in 2019. Interest Rates and Buying Power The chart below shows the impact rising interest rates would […]
What we bring to you. For this month, we would like to take our discussion away from the sometimes-tedious statistics that would normally occupy this space and spend a few minutes sharing about some of the best practices that we have found for successfully listing and selling homes… Some of the motivation behind our content […]
It appears that balance is slowly returning to the local housing market. Home price growth slowed in September. Inventory continued to climb, but is still far short of the four to six months that indicate a normal market. Homes are staying on the market longer, giving buyers the breathing room to make the right choice […]
It is still a great time to be a seller, but the local real estate market has begun to soften. With significant increases in inventory, buyers now have more choices and are taking their time in making a decision. If you are thinking about selling your home, pricing it correctly the first time is critical. Here’s […]
In this episode of The Badgley Briefing we discuss how staging your home can impact its value. For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. 88 percent of buyers start their search online, forming […]
The number of homes for sale in August increased dramatically over the same time a year ago. This is the result of a moderate increase in new listings and a much slower pace of sales. Homes are staying on the market longer, giving buyers more choices and more time to make an informed decision. While […]
Find out what’s happening in the local real estate market in our latest update of The Badgley Briefing!
Our housing market is finally cooling a bit, from scorching hot to slightly-less-sweltering. While some alarmists are talking bubble or impending crisis, the statistics tell a different story. The market does appear to be shifting, and that’s good news! The steep price increases of the past few years are not sustainable, and also risk pricing buyers […]
For the last several years, sellers have had the upper hand in the market with thinning inventory and a deluge of buyers willing to pay. For the first time in that same number of years, the market has shifted. Sellers had become accustomed to selling their home during the first weekend on the market with multiple […]
Windermere Real Estate Chief Economist Matthew Gardner explains the ways zoning rules and regulatory costs can limit housing affordability. This post originally appeared on the Windermere.com Blog.
Check out this episode of The Badgley Briefing and discover 8 benefits of pre-inspecting your home before putting it on the market: It allows the seller to make repairs before listing the home It makes your home easier to sell Less stress to the seller More leverage in negotiating with a buyer It ensures a […]
The Eastside Market Review is now available for the second quarter of 2018. Read the full report online by clicking the image below. This post originally appeared on the WindermereEastside.com Blog.
For the first time in years, the real estate market is finally starting to deliver good news for buyers. The region experienced its third straight month of significant growth in inventory. Homes are sitting on the market longer, prices are moderating, and multiple offers are becoming more rare. Despite the surge in homes for sale, […]
When making an important decision like buying a new home, personal circumstances are often a driving force. Whether you are a first-time homebuyer, need more space for your growing family, downsizing to fit an empty nest, or looking for a retirement property, finding the right information, the right real estate agent, and the right properties […]
Yard sale season has arrived! Many people shy away from the idea of having a yard sale, but do you truly need that broken-down accordion or the 80’s-styled prom dress? A yard sale is a great way to get out with the old and make room for the new. Here are some tips to help […]
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 83,900 new jobs over the past 12 months, representing an annual growth rate of […]
Windermere Real Estate’s Chief Economist, Matthew Gardner, walks us through what to expect from the real estate market amidst rising interest rates. This post originally appeared on the Windermere.com Blog.
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 […]
Why have property taxes gone up so much in Washington State this year and what can we expect them to do in 2019? Windermere Chief Economist Matthew Gardner answers the question that many homeowners are asking. This post originally appeared on the Windermere.com Blog.
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, […]
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 […]
Sold for full price with multiple offers! 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 […]
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, […]
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 […]