Market Info

Market Info

Hope & Growth with Stability in 2024

Moving into 2024, we’re seeing a number of hopeful signs of an economy and real estate market that are poised to make a strong showing this Spring and into the rest of the year. Inflation 2.7% | Down from 5.9% a year ago. Still, prices are 18% higher than 2019 but so much better. GDP (Gross Domestic Product) 3.3% | […]
Market Info

Interest Rates finally declining going into 2024

This month’s talking points from our Windermere Statistics folks shows how interest rates are declining and how high rates have stalled the real estate market in the Seattle/King Co. area this year. Moving into 2024, we can expect a return to our ‘normal’ market of buyers starting to look and sellers beginning to prep to […]
Market Info

Understanding the Market in Seattle

These two graphs show a confusing trend. Supply of homes is double what it was a year ago and demand has slowed significantly. This should mean that prices are coming down, but not yet, prices are still up +6% vs last year. But, prices are trending down this summer (-9% since the median high of $1,010,000 […]
Finance, Market Info

Why Buy in a Shifting Market?

There’s opportunity in real estate, even with shifting market conditions. Here’s a few of the ‘why’ to consider this Fall/Winter. This comes from a great site called Keeping Current Matters that explains all the data we see daily.

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Market Info Hope & Growth with Stability in 2024 Moving into 2024, we’re seeing a number of hopeful signs of an economy and real estate market that are poised to make a strong showing this Spring and into the rest of the year. Inflation 2.7% | Down from 5.9% a year ago. Still, prices are 18% higher than 2019 but so much better. GDP (Gross Domestic Product) 3.3% | […]

Market Info Interest Rates finally declining going into 2024 This month’s talking points from our Windermere Statistics folks shows how interest rates are declining and how high rates have stalled the real estate market in the Seattle/King Co. area this year. Moving into 2024, we can expect a return to our ‘normal’ market of buyers starting to look and sellers beginning to prep to […]

Market Info Understanding the Market in Seattle These two graphs show a confusing trend. Supply of homes is double what it was a year ago and demand has slowed significantly. This should mean that prices are coming down, but not yet, prices are still up +6% vs last year. But, prices are trending down this summer (-9% since the median high of $1,010,000 […]

Finance Why Buy in a Shifting Market? There’s opportunity in real estate, even with shifting market conditions. Here’s a few of the ‘why’ to consider this Fall/Winter. This comes from a great site called Keeping Current Matters that explains all the data we see daily.

Market Info 2022 Seattle Housing Market Forcast Get the inside scoop on the local housing market at this virtual event with Windermere’s Chief Economist, Matthew Gardner. Using the latest market data and trends, Matthew will discuss what the market holds in the coming year. Whether you’re actively in the process of buying or selling real estate, or you just want to stay […]

Market Info Matthew Gardner’s Top 10 2022 Predictions

Market Info Matthew’s Forcast 2022

Market Info This is a first for me – dive inspection! This floating home is on the east side of Lake Union, close to the Sleepless in Seattle home! Getting a new skill set for my resume, floating home agent And, not a bad day to be on the water.

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Market Info Three new light rail stations – North Seattle, Oct 2nd! By KIRO 7 News Staff SEATTLE — Commuters will soon be able to ride underground from Downtown Seattle to Northgate traffic-free when three new Link light rail stations open next month. The 4.3-mile Northgate Link Extension will open on Oct. 2 with new stations in Northgate, the University District and Roosevelt. The U-District and Roosevelt stations […]

Market Info What exodus? Seattle kept growing during pandemic From my little Seattle centric real estate world, it felt like a busy year. I heard all the stories of people fleeing cities across the US but when you look at the data, Seattle’s population grew +1.1% over the last year. As this article in the Seattle Times says, “not a record-breaking year, to be […]

Market Info Some relief for Seattle-area homebuyers As more houses are listed and condo buyers find plenty to choose from, Seattle homebuyers have some breathing room. From this Seattle Times Article – https://www.seattletimes.com/business/real-estate/some-relief-for-seattle-area-homebuyers-as-more-houses-are-listed-and-condo-buyers-find-plenty-to-choose-from/

Market Info Downtown Seattle dying? Not so fast. Demand for office space roars back to pre-pandemic levels. Check out this Seattle Times article on the demand for downtown Seattle office space and the implications on the economic health of our city.

Home Info Just Listed – N Capitol Hill – 2015 by Isola Homes Sophisticated townhome in N Capitol Hill, adjacent to Volunteer Park & minutes to restaurants and amenities. Modern architecture w/high end finishes & floor to ceiling windows that bathe the space in light. Open main floor features chef’s kitchen w/luxury SS appliances & gas range. Spacious main BR w/walk-in closet & spa-like bath, heated tile floors […]

Finance Cities w/most job opportunities – Seattle #1 Another reason that urban flight is not as prevalent in Seattle. Amazon might be the largest employer but they enjoy the company of 33 other Fortune 500 companies in the Puget Sound area. Makes Seattle a desirable and economically stable city to call home. #linkedinsurvey #iloveseattle #robertbjohnson #wearewindermere #windermerewedgwood #workwithafriend #neighbohoodspecialist #seattle #seattleneighborhoods #economy #seattlerealestate https://www.linkedin.com/pulse/stormy-times-15-us-cities-make-jobs-happen-george-anders/

Market Info Amazon surpasses Boeing as WA biggest employer Love ‘em or hate ‘em, Amazon is remaking the Seattle and WA economy. And now, Boeing’s boom and bust cycles are not so devastating to our economy. I would like to see more diversity and giving back to the community from Amazon. The housing affordability issue is real in Seattle and Amazon could have a […]

Market Info Let the predictions begin… Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2021 economy and housing market. U.S. ECONOMY Gardner predicts a rise in housing inventory, as people who can work remotely move farther away from their offices, or those whose homes aren’t conducive to […]

Family Old School Postcard Coming to you old school, my latest postcard… Contact me for more info on any of these great events coming up this fall.

Market Info Pending Sales up +15% vs LY! I’m still amazed at the residential housing market’s resiliency through all that his happening in our economy. Cliff notes below from our designated broker, Laura Smith – Expect more new listings. Expect more new pending sales. Historically March to July are the five months with the most new listings (10 year average for King County […]