Buying Homes

Buying Homes Understanding the Current Shift in the Real Estate Market: LOCATION IS KEY!   There is an old adage in real estate: location, location, location. Where a property is located has the biggest influence on its value.  Through the pandemic years, we saw a shift in how the location was valued. Before remote working became more common, homes located in neighborhoods that were closer to job centers such as Seattle […]
Buying Homes How Does the Current Market Shift Impact Home Buyers & Sellers?   “How’s the market?” is a question I am asked all the time. Now more than ever, the answer to this question is critical and detailed. You see, our market is experiencing a shift, a slowing down of price growth, if you will. Believe it or not, this is providing great opportunities for both buyers […]
Buying Homes Real Estate Market Update               At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but […]
Buying Homes Spring Market Update  As we round out the first quarter of 2022 and head into the notorious Spring Market there are a handful of factors that should be considered whether you are a buyer or a seller. Paying attention to the anticipated increase in housing supply, monitoring buyer demand, and assessing the effects of rising interest rates on the […]
Buying Homes What is a Bridge Loan? With so much in flux during the period between selling a home and buying a new one, short-term financing can provide some calm among the storm. With the fate of two properties up in the air, those who are selling a home will often look to secure a bridge loan to bridge the gap between the […]
Buying Homes The Different Types of Home Loans for Buyers Financing terms are the nuts and bolts of a successful home purchase. Once you’ve decided you’re ready to buy a house, it’s a matter of making the numbers work. So, which home loan is the right one for you? Knowing the different types of mortgage loans available to you will allow you to pinpoint the one […]
Buying Homes Matthew Gardner’s 2022 Predictions   In January, my office hosted our 14th annual Economic Forecast Event with Matthew Gardner, Windermere’s Chief Economist. It was an hour-long presentation followed by lively Q & A that was packed with useful information to help guide us as we start the new year. Matthew journeyed the audience through a macro to micro approach, […]
Buying Homes The Zillow Algorithm vs. The Human Algorithm – what is best for the consumer?   The recent news of Zillow’s plan to shut down their iBuyer program due to a $328 million loss in the third quarter has heads spinning in the real estate world and on Wall Street.  Sadly, Zillow plans to eliminate 25% of its workforce because of its decision to move away from the practice of purchasing and […]
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Buying Homes The Triangle of Buyer Clarity – Finding Buyer Success in a Seller’s Market   Embarking on a home purchase in a seller’s market can be intimidating, but it can be done. Long-term price growth confirms that owning a home is a key element to building household wealth. Home equity gained over time is typically the largest asset that contributes to a household’s net worth. Homeownership is not only an investment, but […]
Buying Homes Monthly Newsletter – Real Estate Market Recap   I’ve said it before and I’ll say it again, the 2021 real estate market has been a head-turner! In the second half of 2020, once we started to emerge from the COVID lockdown, the real estate market started to bustle with activity. 2020 ended up being a robust real estate year driven by low […]
Buying Homes Monthly Newsletter – The National Housing Market & Seahawks Partnership   As I mentioned in my last newsletter, Windermere is empowered by the knowledge and research of our Chief Economist, Matthew Gardner. Below is his latest monthly video report which touches on the latest numbers surrounding the national housing market. Here are some key data points derived from the final recorded July home sales numbers: […]
Buying Homes Monthly Newsletter – Gardner Report & Food Drive Results   At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but he is a coveted […]
Buying Homes Monthly Newsletter: Summer Time 2021   Last week I heard a quote from Mike Loftin of the Urban Institute that resonated with me. “We need to stop seeing housing as a reward for financial success and instead see it as a critical tool that can facilitate financial success.” Homeownership as an investment has always been a long-term hold in order for it to make […]
Buying Homes Monthly Newsletter: Year-to-Date Real Estate Recap Here we are, one-third into 2021, and boy what a ride it has been so far. We all know that 2020 was a unique year full of challenges and change. The pandemic made us pause and reevaluate many aspects of our lives including where and how we live. The impact of the pandemic on the […]
Buying Homes Newsletter – Economy & Housing Market Update Matthew Gardner is the Chief Economist at Windermere and a sought-after expert on real estate, both locally and across the country. Every quarter, Matthew breaks down the real estate market by region and provides the Gardner Report; you can read this quarter’s full report here.  Additionally, he also provides a monthly video report touching on […]
Buying Homes You Want to Sell, but Need to Buy, too: What to do? Homeowners across our region are enjoying incredibly healthy equity levels due to an upswing in the real estate market over the last five years. In fact, the median price in King County is up 50% over the last five years and up 55% in Snohomish County. Over the last 10 years, the median price is […]
Buying Homes When Equity Meets Lifestyle: Sellers Moving Out, the Push to the Burbs, & Who’s Coming into the City    Over the last 5 years, housing has had abundant price appreciation, providing substantial equity for homeowners to utilize to make meaningful lifestyle moves or invest back into where they are. In King County, the median price has appreciated from $463,000 to $689,000 since July 2015, which is a 49% increase equaling $226,000! In Snohomish […]
Buying Homes 2020 Real Estate Forecast & More – Monthly Newsletter   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 […]
Buying Homes 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 […]
Buying Homes 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. […]