Newsletter Monthly Newsletter – March 2020: COVID-19 & the Real Estate Market: Real Time Numbers from the Front Lines Things are changing rapidly these days, and if I had a dollar for how many times I have said “one day-at-a-time” over the last two weeks, I’d have a nice stack of cash. There are lots of questions swirling about simple everyday life and big life decisions like buying and selling real estate. I’m a […]
Newsletter Monthly Newsletter: February 2020 – Interest Rates Bottom Out, Sparking High Buyer Demand         Most recently, we have experienced an uptick in market activity. In fact, King County saw a 35% increase in pending sales from December to January, and Snohomish County 38%. The seasonal uptick from the holidays to the New Year is normal, but it was quite sizable. This is reinforced by a […]
Quarterly Market Trends 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 […]
Eastside 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 Trends Seattle Metro Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 6% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 26% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
North King County North King County Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 8% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 29% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer […]
Quarterly Market Trends South Snohomish County Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 5% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 5% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
North Snohomish County North Snohomish County Quarterly Market Trends – Q4 2019 In the fourth quarter of 2019, there were 9% more new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced this jump in inventory with a 24% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019 which illustrates strong […]
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Newsletter Monthly Newsletter – January 2020: Top 12 Takeaways from Matthew Gardner for 2020, A Macro-to-Micro Look at the Economy & Housing Market Last week, I had the pleasure of attending our office’s 11th Annual Matthew Gardner Economic Forecast Event.  At this event, Matthew gives the crowd a review of the previous year and forecasts trends for the economy and housing market for the next year and beyond.  Below are my Top 12 Takeaways worth noting as you […]
Newsletter 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 […]
Community Events 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 alone. Some of the most fun and […]
Newsletter 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 about […]
Community Events Holiday Tree Lighting Celebrations Kick off the holiday season with a community tree lighting celebration. Thanksgiving falls late on the calendar this year, so the Christmas festivities will be right on it’s heels. Some of these celebrations start as early as the day after Thanksgiving! The bigger celebrations feature Santa’s arrival, and most of the communities will have fun […]
Newsletter Monthly Newletter – October 2019: Dual Market, Transitioning from Residential to Condo   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 […]
Quarterly Market Trends 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% […]
North Snohomish County 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% […]
Quarterly Market Trends 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% […]
Eastside Eastside 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 […]
North King County 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 […]
South Snohomish County 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 […]