Real Estate Trends

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 […]
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 […]
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 […]
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 […]
Real Estate Trends How to Increase Your Buying Power How to Increase Your Buying Power One of the best ways prospective home buyers can empower themselves when purchasing a home is to improve their buying power. The numbers may seem daunting but identifying ways to strengthen your financial standing will help you each step of the way. When visualizing your dream home, it’s common for […]
Real Estate Trends Price Your Home For Sale It’s natural for sellers to want to get every step of the selling process right, but a successful home sale depends on an accurate listing price. Your real estate agent will work closely with you to set the price, but in the meantime, you can use  the following information to better understand what goes into […]
Real Estate Trends 40% of Seattle Homes are Selling Above Ask Driven by low inventory and increased buyer urgency during the coronavirus pandemic, the Seattle area housing market has seen a significant number of homes selling above ask recently. Zillow recently published a new report indicating that 44% of homes sold above ask in September, up from 25% of homes in September 2019. Particularly impacted were homes […]
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Real Estate Trends Hosting the Holidays   Hosting the Holidays Are you hosting the holidays this year? Whether you’re planning on having visitors fill your home with holiday cheer or keeping the holiday celebrations to a minimum, there are steps you can take to reduce the stresses of gatherings during the COVID-19 pandemic. Many homeowners have become accustomed to applying the […]
Real Estate Trends How to Hold Title How to hold title in Washington You can hold title in 5 separate ways – each with its advantages and disadvantages, depending on your situation and how you want ownership to transfer in case of death, divorce or sale. Joint Tenancy Joint tenancy involves two or more people holding title to real estate jointly, with […]
Real Estate Trends Overpriced Home What is wrong with an overpriced home? When it comes time to sell your home, determining its exact value can be a challenge. Naturally, homeowners want to get the most value for their home. However, if it hits the market at too high a price, it could cause serious complications in the selling process.   […]
Real Estate Trends Real Estate Wire Fraud Real Estate Wire Fraud Real Estate wire fraud is a fast-growing form of cybercrime, wire fraud has led to major losses for homebuyers in recent years. Get to know what it is and what steps you can take to avoid it.   What is wire fraud? Real estate wire fraud is a scam that targets […]
Real Estate Trends Western Washington Real Estate Report Western Washington Real Estate Analysis. As posted by Matthew Gardner. Employment numbers in Western Washington continue to improve following the massive decline caused by COVID-19. For perspective, the area shed more than 373,000 jobs between February and April. However, the recovery has been fairly robust: almost 210,000 of those jobs have returned. Unemployment levels remain […]
Real Estate Trends Record low mortgage rates Record Low Mortgage Rates AS POSTED ON MONEY.COM BY LESLIE COOK For the second week in a row we saw record low mortgage rates. The average rate for a 30-year fixed-rate mortgage was 2.80% with 0.6 discount points paid for the week ending October 15, according to Freddie Mac’s weekly Primary Mortgage Market Survey. That is […]
Real Estate Trends King County Home Prices Hit All Time High King County home prices hit an all time high of $753,600 in September. Fueled by unrelenting buyer demand and historically low interest rates. This represented a 14% increase from September 2019. The condo market continues to slide however. There were 1,550 condos for sale in King County in September, a 24% increase from last year. […]
Real Estate Trends COVID 19 Impact On Home Buying As buyers start to re-evaluate what they want, and likely what they need from their housing, it’s important to consider what the COVID 19 impact on home buying will be. Data is looking pretty unanimous that workers feel as though working from home policies will have long standing implications on their work / life balance, […]
Real Estate Trends Seattle Real Estate Trends 5/20 Seattle Real Estate Trends 5/20 In assessing the Seattle market trends 5/20 was always going to be interesting as it was the first opportunity to get some meaningful insight the impact that the pandemic will have on the Seattle housing market. While there is undeniably a noticeable dip in inventory and closed sales numbers, the […]
Real Estate Trends Is mortgage forbearance a good strategy? Is mortgage forbearance a good strategy? OCTOBER 2020 Update to policies can be found here. According to the Mortgage Bankers Association, roughly 7.5% of home loans were in forbearance as of April 26th – approximately 3.8 million American homes. This represents a percentage rate that is already double that of defaulted loans during the credit […]
Real Estate Trends Seattle mortgage delinquency grew 3x national average   Seattle mortgage delinquency US mortgage delinquency rates have been increasing since February as coronavirus continues to impact the US economy and especially unemployment rates. The Seattle mortgage delinquency rate appears to show that Seattleites have been particularly impacted as the number of households behind on their mortgage increased 11.4% month over month, as compared […]
Real Estate Trends Do’s and Don’ts of Presale Home Repairs Presale Home Repairs You’ve decided it’s time to sell your home so its probably time to consider presale home repairs. Your neighbor just sold for a pretty penny, but they also spent a lot on remodeling and renovations. Does that mean you need to upgrade your home to sell? Is it worth trying to sell […]