For Your Home 8 DIY Fire Pits to Get Your Yard Ready for Summer It might not be exactly tropical in your neighborhood yet. But for many of us, it’s finally warm enough to start daydreaming about summer. And that means thinking about getting the yard ready for cookouts, ball games, and gatherings under the stars. If you’re thinking about the changing seasons, think about making your own fire pit. This […]
Housing Market News Why Buying Beats Renting Today Buying a home in the Puget Sound area beats renting in less than two years, according to anew study. The “breakeven horizon” – the number of years after which buying is more financially advantageous than renting – is 1.9 years. Why the short timeframe? Interest rates are at historic lows. (But experts expect them to […]
Local Market Updates Local Market Update – March 2016 A severe lack of inventory has led home prices to reach an all-time high. With the supply of properties at its lowest level since 2003, the market is in dire need of more homes to meet buyer demand. That is excellent news for those thinking about selling their home. Sellers can expect a quick sale, […]
Housing Market News Homeowner’s Net Worth is 45x Greater Than a Renter’s Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in […]
Housing Market News The Gardner Report – Fourth Quarter 2015 Economic Overview The Washington State economy has added almost 370,000 jobs since the lowest point of the recession at the start of 2010. Additionally, total employment is 176,000 jobs higher than seen at the 2008 peak. With a vast majority of our metropolitan areas having fully recovered from the job losses seen during the recession, […]
Housing Market News 2016 Economic & Housing Forecast The National Economic Forecast 1. The U.S. will continue to expand with real GDP growth of 2.3% in 2016. Although a positive number, the forecasted rate of growth suggests that we will be modestly underperforming in 2016.  On a positive note, oil prices are likely to remain well below long-term averages, which puts more money […]
Community Windermere Welcomes Cuba to 30th Annual Windermere Cup Along with our partners at the University of Washington, Windermere Real Estate is excited to welcome the Cuban Men’s and Women’s National Rowing Teams as the headlining opponent for the 30th annual Windermere Cup, scheduled for Saturday, May 7, 2016. Rounding out the event will be the Stanford men’s and University of San Diego women’s […]
Housing Market News King County Had Almost Half of 2015’s 30 Most Competitive Neighborhoods in America We probably don’t need to tell you that 2015 was a crazy year in real estate, especially in our area. Bidding wars and listings lasting mere days on the market is something we’ve all grown accustomed to. But it turns out we’re not alone. Curbed recently published an article that focused on the 30 most competitive […]
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Housing Market News The Five Real Estate Trends Shaping Real Estate in 2016 We're nearing the end of the year and everyone is sharing their predictions and hopes for real estate in 2016. According to Realtor.com, here are the top five trends that will be shaping real estate next year. The economy, rental market, and housing market are all changing in the Seattle area and its Eastside. These […]
Housing Market News There’s No Need To Panic About Rising Interest Rates This article originally appeared on Inman.com    After seven years of some of the lowest interest rates in recorded history, the Federal Reserve has decided to raise the key Fed Funds Rate by 0.25 percent, which is causing some to be concerned that it will lead to a jump in mortgage rates and negatively impact the […]
Housing Market News We Can Help With Sales Over List Price Sales Over List Price Did you know that 44 percent of home sales involve sales over list price and often multiple offer situations? In fact, buyers working with a Windermere Real Estate broker are 18.4 percent more likely to win the in these situations.* Our brokers work tirelessly to make sure that not only do […]
Local Market Updates Local Market Update – November 2015 The hot real estate market shows little sign of slowing down. Home prices continued to move upward. With the number of pending sales exceeding the number of new listings, the supply of homes is falling well short of demand. The inventory of homes in the Puget Sound area is 23 percent less than a year […]
For Your Home November Maintenance Guide This blog originally appeared on Porch.com November is full of autumnal celebrations, falling leaves and changing weather. For some regions, snow might already falling and winter wind storms threatening to knock out power. This is the right time of year to keep preparing your home for winter like purchasing snow supplies, testing your generator and […]
Community Are You Ready for Halloween? Believe it or not, it's almost the end of October! Haunted houses, hay rides, pumpkin patches, and even a special harvest market from the Bellevue Farmers Market are waiting for you in the days ahead. If you're looking for something to do on Halloween Day, make sure you check out the Halloween Market with the […]
Local Market Updates Local Market Update – October 2015 Strong sales continue to whittle down a dwindling supply of homes. The lack of supply to meet demand kept driving home prices upward in September. While the Puget Sound area saw steady appreciation over a year ago, there are signs that that the frenzied level of growth may be starting to moderate – good news […]
Housing Market News Thinking of Buying a Home? Ask Yourself These 3 Questions ​If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually […]
Local Market Updates Local Market Update September 2015 The real estate market traditionally cools off in the summer, but August saw a continuation of the market’s hot streak. Home prices increased by double digits over a year ago, fueled by strong demand and the lowest inventory in more than a decade. Rising prices are kindling hopes that more sellers will be willing to […]
Local Market Updates Local Market Update August 2015 We’re still having record heat in the Puget Sound region, and our home prices are rising with the thermometer. It’s still a roaring seller’s market out there, especially on the Eastside. We continue to have local markets in dire need of inventory, so this is an excellent time to list your home and take advantage […]
Windermere Foundation Windermere Foundation Recipient: Eastside Baby Corner There are many things we love about being a part of Windermere. One of the qualities that stands out most is Windermere's devotion to organizations in the community. It's so wonderful to be a part of a company that works so closely with non-profits in our area and helps give back to those who need […]
Housing Market News Homeownership Has Declined, But It Won’t Be Forever Below is an article from Windermere's Chief Economist Matthew Gardner. He shares his views of the declining homeownership, and why he believes it won't be a lasting trend. In addition to talking about housing bubbles, another topic that is becoming popular among housing scaremongers is the ongoing decline in the U.S. homeownership rate. Remarks range […]