Market Stats

Bellevue The Q4 2019 Western WA 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. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent. ECONOMIC OVERVIEW Employment […]
Bellevue Puget Sound Real Estate: Excise Tax Changes   Thanks to our lending partner Cheryl Gennaios for providing us the great in depth narrative about the NEW 2020 Real Estate Excise tax changes. It still took me a minute to wrap my brain around it….but I think I get it now. 2020 is here, and so are changes to our local tax code.  […]
Bellevue Local Market Update December 2019 Favorable interest rates and soaring rents boosted activity in the housing market in November. More buyers competing for less inventory kept home prices strong. With the supply of homes far short of demand, sellers can expect well-priced properties to sell quickly this winter. EASTSIDE With just over a month of available inventory, demand on Eastside […]
Bellevue 2020 Housing Forecast and Market Predictions It’s that time of year when Windermere’s Chief Economist, Matthew Gardner, dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market. 
Bellevue Gardner Report – Q3 ECONOMIC OVERVIEW Washington State employment has softened slightly to an annual growth rate of 2%, which is still a respectable number compared to other West Coast states and the country as a whole. In all, I expect that Washington will continue to add jobs at a reasonable rate though it is clear that businesses are […]
Bellevue 4 Reasons to Sell Your Home This Fall 4 Reasons to Sell Your Home This Fall  Buyer demand is still strong There is less competition now – supply and demand There will never be a better time to move up Its time to move on with your life Watch this video to hear more about why I think you should sell.    
Bellevue A Recession Does Not Equal a Housing Crisis No — the sky is not falling!  Signs may be pointing toward a recession but let’s look at some past stats re: home prices and appreciation. There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, […]
Bellevue 2nd Quarter of 2019 is complete! This is a brief summary of the Quarterly Gardner Report. Things are still seeing positive growth from a Real Estate perspective. In Western Washington YOY price growth is 2.8% higher. When compared to 1st Quarter it’s 12%. County by County is a bit different – for King County we saw a -0.4% price drop. This […]
Don't Miss Our Next Post
Subscribe Now
Denise Perkins The Cost of Waiting! Interest rates are at a two year low. Who knew! There have been so many predictions over the past several  years that rates were headed higher and higher and while they have fluctuated a bit – today it’s like free money! Our economy as well as the real estate market is unpredictable.  But one thing […]
Denise Perkins How Much Is Capital Gains Tax on Real Estate? What Homeowners Need to Know to Avoid It I know…tax season is over (hopefully you got yours done already!!)  But this question about CAPTIAL GAINS TAX is a question I get on a regular  basis from my clients —  about what it is and does it apply to me?  This was an article I recently sent out in my monthly ‘paper’ newsletter (I […]
Eastside November Market Stats Increased inventory, slower sales and more price reductions all point to a balancing market—welcome news for price-shocked buyers. Sales prices are up from last October and down from the all-time high reached this spring. Despite the slowdown, it’s important to point out that we’re only moving back toward what a normal market looks like. King […]
Helpful Home Tips 5 Reasons Rising Interest Rates Won’t Wreck the Housing Market Interest rates are changing.  Here is a great article written by Windermere’s Chief Economist Matthew Gardner about how this may affect the Real Estate Market. Interest rates have been trending higher since the fall of 2017, and I fully expect they will continue in that direction – albeit relatively slowly – as we move through […]
Eastside September Real Estate Market Stats The number of homes for sale in August increased dramatically over the same time a year ago. This is the result of a moderate increase in new listings and a much slower pace of sales. Homes are staying on the market longer, giving buyers more choices and more time to make an informed decision. While […]