Local Market Update – October 2020

Local Market Update – October 2020

While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new...

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Local Market Update – September 2020

Local Market Update – September 2020

August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs.   With pending sales outpacing new listings, inventory continues to shrink. King and...

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Local Market Update – August 2020

Local Market Update – August 2020

While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. While overall inventory is at historic lows, more sellers...

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THE GARDNER REPORT – SECOND QUARTER 2020

THE GARDNER REPORT – SECOND QUARTER 2020

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. For further information about the...

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Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of...

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Local Market Update – July 2020

Local Market Update – July 2020

While our lives are very different than they were a year ago, the local real estate market has recovered to 2019 levels. Record low interest rates are helping spur demand. Sales were up, home prices increased and multiple offers were common.   The number of pending...

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Windermere Real Estate, East Inc.
3933 Lake Washington Blvd NE, #100
Kirkland, WA 98033

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