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Market Updates Current Numbers that Matter – Week 7 A PLAN TO MOVE FORWARD It’s already May! It almost seemed like April would never end, but we made it! Good job, team! Friday, May 1st, Governor Inslee announced that the Stay Home Order would now be extended past the previous deadline of May 4th to May 31st. The state will be opened back up slowly in a 4 phase series. As part of […]
Market Updates Current Numbers that Matter – Week 6 A Plan to Move Forward Hard to believe we’ve been paying attention to the numbers for 6 weeks already.  I’m thankful the number of COVID-19 cases in Washington State continues to decrease and we are starting to see a light at the end of the tunnel!  Below You’ll find: Updated Numbers Washington’s Recovery Plan Matthew’s New Construction Update Love to the Alcoa Families Another Chance […]
Market Updates Current Numbers that Matter – Week 5 There wasn’t really anything noteworthy this week in the news. We are all still in the trenches of this new temporary reality. This is week 5 of analyzing data in Whatcom County to observe the affects of COVID-19 on our housing market. BACK TO THE DATA This last week of 2020 compared to the same […]
Market Updates LENDING UPDATE W/ LENA  -Banks Tightening Qualification Guidelines- During this uncertain time, banks are in the process of tightening underwriting guidelines by adding more strict “overlays” to the Federal guidelines.  These overlays vary from bank to bank and it is important to know that each bank has their own overlays.  Agencies and government loan programs are also making changes that will lessen risk […]
Market Updates Tax Updates The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.  Both of these programs are designed to promote economic growth in communities, and the National Association of Realtors made the case that investors in these programs should not be harmed due to the effects of COVID-19. 1031 Like-kind […]
Market Updates Current Numbers that Matter – Week 4 Data, Tours, Taxes and Interest Rates Most prominent in the news this last week was Washington State deciding that our students will not return to in person schooling this school year.  Families are mourning sadness of missing out on the end of year celebrations for milestone grade transitions, cancelled sports seasons and so much more.  […]
Market Updates Current Numbers that Matter – Week 3 May the 4th Be… Here Quickly! Here we are again with another update on our Stay at Home Directive, which now has been extended until May 4th. It might seem like so far away, but the more we stay home (and the better we follow the rules), the sooner we will be able to resume our regular lifestyles! I’m continuing with week 3 of looking at […]
Market Updates REVISED Current Numbers that Matter – Week 2 I SPOKE AN HOUR TOO SOON! The Governor JUST deemed Real Estate as an “Essential Business”!  So what does this mean for you and our clients?  We now have to adhere to stricter guidelines to ensure safety for our clients and homeowners, however we are able to do the following: 1. In-person activities must be appointment-only 2. No […]
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Market Updates Current Numbers that Matter- Week 2 SO MUCH CHANGE It is hard to believe our lives could have changed much more in this last week than they did the week before, but it certainly happened, didn’t it?! Here’s a Timeline of the last week’s significant events for reference: Sunday 3/22- President Trump approved our state’s disaster declaration Monday 3/23- Boeing suspended […]
Market Updates Current Numbers the Matter- Week 1 There are so many things changing on just about a daily basis right now. People are asking a lot of questions about things ranging from everyday life, to big things like buying and selling real estate. Without looking at data, all I can tell you is what this all feels like, so I think this […]
Market Updates Q2 2019 Gardner Report 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. If you’d like to download a copy of this report you can do so here.
Community Caring for your winter plants Winters in many parts of Western Washington can easily see temperatures that dip down below freezing. For many gardening homeowners, this can be troublesome when precious plants are concerned. Covering your plants with sheets may not be enough to save a plant from succumbing to freezing temperatures. Check out these ways to bring your plants […]
DIY Home Decor that Adds Value Getting ready to put your home on the market or just want to give it a fresh look? You probably have heard that professional photos and video increase the chances of your home being seen online! However, you’ve got to clean up your home a bit before we can get to the good stuff. It’s […]
Market Updates Myths and Truths About Millennial Home Buyers Source: www.blog.windermere.com   In recent years there has been a lot written about millennials and their impact on the housing market. Because of this, there are also a lot of misconceptions about what this generation wants from a home. To start, it’s important to know that there are more than 71 millennials, which are defined […]
Home Ownership Gardening Trends for 2018 Source: www.blog.windermere.com Outdoor living during the spring and summer months is extremely popular. Months of cold, wet winters are followed by glorious spring colors and warm summer days of vivid blue skies. In this post, we thought that now would be the best time to share some pretty garden trends for 2018.   Wabi-Sabi Leisure […]
Market Updates Windermere and Zillow Economists Come Together To Discuss Housing Source: www.blog.windermere.com   Earlier this week, nearly 200 Windermere brokers came together at Windermere’s monthly luxury breakfast at Overlake Golf Club in Medina, WA. The featured speakers were Windermere Chief Economist, Matthew Gardner, and Zillow Senior Economist, Skylar Olsen. Matthew interviewed Skylar on a number of topics related to the housing market and economy, including […]
Market Updates Western Washington Real Estate Market Update- Quarter Four 2017 Posted in Western Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate   ECONOMIC OVERVIEW The Washington State economy added 104,600 new jobs over the past 12 months. This impressive growth rate of 3.1% is well above the national rate of 1.4%. Interestingly, the slowdown we saw through most of the […]
Market Updates Empty Nesters: Remodel or Sell? source: www.blog.windermere.com   Your kids have moved out and now you’re living in a big house with way more space than you need. You have two choices – remodel your existing home or move. Here are some things to consider about each option.   Choice No. 1: Remodel your existing home to better fit your […]
Buying a Home Why aren’t home builders building more homes? source: www.blog.windermere.com Posted in Inman News by Matthew Gardner, Chief Economist, Windermere Real Estate This article originally appeared on Inman.com    Housing markets all across the U.S. are suffering from serious shortages of homes for sale, and this isn’t expected to change in the foreseeable future. When I think about inventory levels and the fact that […]
Market Updates Baby Boomers: Impact on the U.S. Housing Market Source: www.blog.windermere.com 75 million Baby Boomers control nearly 80% of all U.S. wealth, and as this generation ages, retires, and inevitably downsizes, they will have a significant impact on the housing market. Windermere’s Chief Economist, Matthew Gardner, explains when we can expect to see Boomers start to sell, opening much-needed inventory and making home ownership available to younger generations.