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Eastside Share Eastside Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 17% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 17% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. […]
Quarterly Market Updates South King County Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 9% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 7% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
Market Update Monthly Newsletter – December 2019: Year In Review 2019 was a return to normalcy in the real estate market. After a volatile 2018 which encountered a sharp mid-year shift from an extreme seller’s market, 2019 had a more normal pace of seasonality and selection. After four to five years of multiple offers, week-long market times, waived inspections, and huge price escalations, we’ve now experienced a […]
Market Update Monthly Newsletter: November 2019 – Quarterly Economic Update   I am pleased to present the third-quarter 2019 edition of the Gardner Report, which provides insights into select counties of the Western Washington housing market. This analysis is provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope that this information will assist you with making better-informed real estate decisions. For further information […]
Uncategorized Celebrating New Year’s Eve off the Beaten Path Celebrating New Year’s Eve off the Beaten Path Because big parties with crowds, expensive cocktails, and massive fireworks shows aren’t the only way to ring in the new year. The holiday season is in full swing, and the year (and the decade!) is almost over. If a big party is not your scene, you’re not […]
Monthly Newsletter October 2019 Monthly Newsletter Last month, I did an analysis on the new phenomenon of a dual market. A dual market is when you have different market conditions within the same overarching real estate market. This duality presents amazing opportunities for sellers who are also buyers, depending on where they want to go. I reported on two dual markets, […]
Quarterly Market Updates South Snohomish County Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
Quarterly Market Updates North King County Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
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Quarterly Market Updates Eastside Quarterly Market Trends – Q2 2019 Share Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is […]
Quarterly Market Updates Seattle Metro Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
Quarterly Market Updates North Snohomish County Quarterly Market Trends – Q3 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
Uncategorized South King County Quarterly Market Trends – Q2 2019 Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% […]
Uncategorized Newsletter – August 2019: Don’t Miss the Boat on Current Interest Rates Most recently, buyers have enjoyed more selection in the marketplace which has led to more open negotiations versus bidding wars. This is illustrated by an increase in average Days on Market and a decrease in the average Sold-to-List Price Ratios complete-year over year (the last 12 months over the previous 12 months). In King County, the […]
Uncategorized How Long Things Last We all know that nothing lasts forever, but when everything is working fine it is easy to forget that all of the systems and appliances in your home have a finite lifespan. Keep this information in mind, whether you are buying or selling a home, budgeting for improvements, or deciding between repairing and replacing. Here’s […]
Uncategorized Monthly Newsletter – September 2019: Identifying Dual Markets and the Opportunities They Provide 2019 has been a year where we have continued to gain more balance in the real estate market. Inventory levels have increased, days on market are longer, negotiations have opened up, and the constricted multiple-offer market is no longer the norm. It has been comforting to see price appreciation temper and move towards more normal, historical […]
Uncategorized Back to School Basics   The first day of school has snuck up on us again! Most local school districts will start just after Labor Day, so if you haven’t already, now is the time to start getting ready. Take advantage of these last weeks of summer to start settling into a new routine before life gets hectic. Start […]
Uncategorized Monthly Newsletter – July 2019 Price appreciation has been a hot topic for some time, but over the last year, prices have started to balance out and it takes some explaining. As you can see from the map above provided by the National Association of Realtors, price appreciation over the long haul has been robust. The map above points out price […]
Uncategorized South King County Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 5% complete year-over-year and up 2% from last June. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have had more choices over the last year, it is […]
Uncategorized Eastside Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is up 2% year-over-year at $925,000. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have had more choices over the last year, it is still a seller’s market […]
Uncategorized Seattle Metro Quarterly Market Trends – Q2 2019 2019 provided a very healthy and more balanced spring market! Median price is even year-over-year at $750,000. Prices have started to find their balance as more inventory has come to market compared to the scarcity of years past. While buyers have had more choices over the last year, it is still a seller’s market with […]
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