Market Updates Seattle Real Estate Market Update Local Market Update – June 2021 May was a record-breaking month for the real estate market. Inventory hit all-time lows, and home prices reached record highs. With the supply of homes so tight, this sizzling seller’s market is expected to continue throughout the summer. High demand hammered inventory in May. While the number of new […]
Market Updates Seattle Real Estate Market Update Seattle Real Estate Market Update – April 2021 Despite a bump in new listings the supply of homes still can’t keep up with the demand. The result? Multiple offers, escalation clauses, and record-breaking prices. If you’re considering selling your home, you’d be hard pressed to find a more lucrative market than what we have today. […]
Buying A Home Working with a Buyer’s Agent What is a Buyer’s Agent?   A typical real estate transaction involves a buyer’s agent representing the buyer and a listing agent representing the seller. A buyer’s agent helps the buyer identify potential homes to pursue, advises them on negotiations, and helps navigate any hurdles during the buying process. Once they are under contract, the […]
Home Improvemet Prevent Water Damage In Your Home Water is constantly coursing through your home, flowing in and out of drain pipes, sinks, tubs, and showers. Numerous systems in our homes are dependent upon water, but the minute it runs rampant it begins to cause damage. The consequences of water damage run the gamut, from rotted drywall and mold growth to serious structural […]
Selling A Home Pre-Listing Inspection Benefits Pre-listing inspections can help sellers better understand the condition of their home before putting it on the market. They can also strengthen a home’s appeal to potential buyers and help to streamline the offer process, which is especially important in competitive markets. However, pre-listing inspections can also open sellers up to added liability. Talk to […]
Market Updates Seattle Real Estate Market Update Local Market Update – March 2021 Neither the snowstorm nor the increase in mortgage rates dampened buyer demand in February. Lack of inventory continues to be a frustration as there are way more prospective buyers than there are homes for them to buy. As a result, prices continued their upward climb. While the number of […]
Real Estate Trends Relocating For Remote Work As the ubiquity of working from home continues, many homeowners are making the decision to move. Whether the motivation for relocating is to lower the cost of living, to be closer to family, or simply a fresh start, there are various factors to keep in mind when relocating for remote work. Before You Relocate Before you […]
Home Improvemet Simple Bathroom Upgrades The thought of upgrading a bathroom often brings to mind large-scale renovations, demolition, and hefty price tags. Even projects like replacing a backsplash or repairing tile can be more involved than you might think. However, it’s possible to give your bathroom a makeover without breaking the bank (or your back). Whether you’re looking to just […]
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Buying A Home Importance of a Pre-Approval To set yourself up for a smooth and successful home purchase, getting pre-approved is perhaps the most productive first step you can take. It strengthens your buying credibility, informs your home search, and speeds up the closing process.   The Pre-Approval Process  There is an important distinction to made between two important steps of your mortgage application process: […]
Housing & Economic Update February 2021     Well, there were a lot of housing-related data releases in the month that are worthy of discussion so let’s get straight to it. I am going to start out with the latest homeownership data that was just released by the Census Bureau.     Those of you who regularly watch my videos may […]
Real Estate Trends Getting a Second Mortgage Getting A Second Mortgage Second mortgages are not as common as they once were, and getting one is not as easy as it used to be, but even with the recent financial pressures that many of us are facing in this economy, there are still a number of options that can allow you to get […]
Market Updates Seattle Real Estate Market Update This winter’s real estate market is looking more like a typical spring market. Sales were up, competition was fierce and prices continued to rise. Lack of inventory still presents a huge issue. At the end of January there were only 1,055 single-family homes on the real estate market in all of King County, 33% fewer […]
Selling A Home Home Staging   Home staging helps to successfully market your home to potential home buyers. Developing a winning strategy to attract as many buyers as possible to your home is something your real estate agent will work on, and part of that process may include staging. Staging doesn’t just involve decorating your home; it’s using furniture and […]
Buying A Home Bridge Financing: What Is It?   When it comes time to finance your new home and you still have a loan on another home you own but plan to sell, you are likely to run into the term bridge financing. This is a special type of financing that can help solve the cash flow problems created by the need to […]
Buying A Home Home Vs Neighborhood: Which is More Important? When you start shopping for a home, you probably have a very specific image of what you would like that home to look like. You probably also see the perfect neighborhood surrounding that perfect home. Every buyer sets out with an image of the house they want to own, but in reality compromises are often […]
Real Estate Trends We’re not in a housing bubble 3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are […]
Market Updates Queen Anne Update January 2021 January 2021 was a Seller’s market in Queen Anne! Property Sales (Sold) January property sales were 36, up 100% from 18 in January of 2020 and 2.7% lower than the 37 sales last month. Current Inventory (For Sale) Versus last year, the total number of properties available this month is higher by 20 units of […]
Home Improvemet Buying a Remodel Home Everyone has their own definition of a dream home. For some, they know right when they see a home that it’s perfect as is. For others, it takes buying a remodel home. Whether you’re looking for something in need of a few upgrades or a total fixer-upper, buying with the intention of remodeling comes with […]
Real Estate Trends Q4 2020 Western Washington Real Estate Market Update Q4 2020 Western Washington Real Estate Market Update by Matthew Gardner 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, […]
Real Estate Trends 2021 Housing Market WINDERMERE INSIGHTS: WHAT THE 2021 HOUSING MARKET HOLDS It’s no secret that the events of 2020 turned entire industries on their heads, from restaurants and retail to real estate itself. While the housing market certainly experienced a dip at the outset of the pandemic, for the last several months the local market has seen inventory […]