condominium speciaist

condominium speciaist Matthew Gardner’s Housing & Economic Update This week Matthew Gardner, Windermere’s Chief Economist, shares his thoughts on the latest US home sales data. Single family and multi family home values continue to rise while available inventory levels continue to decline. What’s the news for condos? Condo prices are trending higher nationwide, up 10% year-over-year. It’s difficult to know how long this […]
Bellevue Snowflake Lane 2020   The trees lining Bellevue Way have been decorated in sparkling holiday lights and the toy drums have arrived and line the sidewalks. Soon toy soldiers will take their places on top of the drums. The holidays are almost here. The Bellevue Collection’s Snowflake Lane will have a different look this year. The holiday season […]
buying a home New Construction, Existing Home Sales, Condos & Vacation/Resort Homes Tight supply and increasing land/material/labor continue to contribute to rising home prices. Matthew Gardner, Chief Economist for Windermere Real Estate, shares his thoughts on builder confidence nationwide, evidenced by a dramatic increase in sales of new construction homes and permit applications.  That continued buyer demand along with increasing construction costs are driving prices up. Sales […]
Bellevue condominium Downtown Bellevue’s Condo Market is Doing Just Fine As we enter the seventh month of pandemic survival all indications are the downtown Bellevue condo market has remained strong. Media articles predicted homeowners, driven by pandemic concerns, might choose to abandon the city for suburban homes offering more indoor and outdoor space. Homeowners  may be departing Manhattan and San Francisco, but Bellevue’s urban condo […]
Bellevue condominium Urban Pet Potty Solution – Perfect for Condo Living I like to support local businesses, especially these days, and this one has special importance as a townhome owner with a pet. Condo Pet Pals has been a lifesaver. I live downtown and while I walk my dog several times a day, sometimes there isn’t enough time between business appointments to fit in a walk. […]
buying a home Selling Your Condo? Here’s Why the Condo Resale Certificate is Important What is a Resale Certificate? The condominium resale certificate is a critical part of every condo sale.  Condos  and homeowner associations are governed by documents that outline the duties and responsibilities of the homeowner and the community. When a buyer purchases a condo they are entitled to review those documents. The “resale certificate” is a […]
condominium speciaist Interesting Look at Historical Data Regarding US Home Ownership This week with Matthew Gardner  –  interesting information on historical data regarding US home ownership rates. Millennials still represent the greatest increase in home ownership in the last year.    
Bellevue Parks & Recreation Bellevue McCormick Park I visit McCormick Park daily with my dog. A couple years ago the City of Bellevue Parks Department planted a new tree, a Mimosa tree, which is unique to this area. I grew up on the East coast where Mimosa trees are common. They thrive in warm southern climates, attract butterflies and hummingbirds and are […]
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condominium speciaist Understanding the Case Shiller Home Price Index This week Matthew Gardner, Chief Economist with Windermere Real Estate, explains the Case Shiller Home Price Index which has accumulated data over the last 130 years of home prices in 20 major cities in the United States.    
buying a home How’s the Real Estate Market? How’s the Real Estate Market? This is a question I hear a lot. Real estate was dormant this spring due to the coronavirus pandemic. Since mid-May the housing market has made a robust and positive rebound. The number of buyers currently in the market far exceeds the available inventory of homes for sale. Why are […]
condominium speciaist How Much Are Home Values Expected to Increase in 2020? This week Matthew Gardner, Windermere Real Estate’s Chief Economist, provides an update to his 2020 housing forecast. Interesting economic information relating to the local and nationwide real estate market.  
condominium speciaist Ideas for Creating Deck or Courtyard Privacy With summer weather finally here we’re all spending more time outdoors, but with the confines created by the COVID-19 pandemic, we’re spending a lot more time outdoors at home. Whether you live in an urban high rise or townhouse, creating privacy on your deck, patio or courtyard can be challenging.   HGTV has provided some […]
affordable housing Can We Expect to See More Entry Level Affordable Housing In the Future? This week Matthew Gardner, Chief Economist for Windermere Real Estate, discusses housing affordability and what we can expect moving forward. On average median housing prices nationwide are have increased by 23.5% above the 2008/2009 recession. While there has been some impact on values due to COVID-19, high demand from buyers in a market with limited […]
buying a home Available Homes for Sale Significantly Below Last Year The number of homes available for sale declined in April and May for obvious reasons – there were health and economic concerns brought on by the COVID-19 pandemic. Since late May local home sales have been ahead of the same period last year. Buyer demand remains high but what is different about this year compared […]
condominium speciaist How Close Are We to Getting Back to Normal? This week Matthew Gardner, Windermere’s Chief Economist, looks at high frequency data sets, data that is issued more frequently than the typical monthly or quarterly reports we’re used to reading. Using data from  real estate, hospitality and travel sources Matthew provides interesting information on how close our economic growth is to getting back to normal.
condominium speciaist Mortgage Forbearance – Where are We Today? This week Matthew Gardner, Chief Economist with Windermere Real Estate, provides updated news about the mortgage forbearance program. The program has provided a safety net for homeowners but isn’t likely to have any long term negative economic impact.  
buying a home What Does King County’s Phase 1.5 Mean for Real Estate?     King County has progressed to Phase 1.5 of the Governor’s “Safe Start Proclamation”. How does that impact buyers and sellers as they search for homes or list their homes for sale?       Real estate firms may open their offices again. In compliance with State guidelines, staff, brokers and guests will be […]
buying a home How’s the Local Real Estate Market? We’re 12 weeks into more experience dealing with the impact of COVID-19 on the economy and specifically the local real estate market. After a significant market decline in new listings, buyer interest and closed sales in March and April (not at all surprising) real estate came back strong starting in early May. the number of […]
condominium speciaist 5 Small Things You Can Do to Improve Your Home Office     For the past several months  many of us have been working from home – some temporarily, others permanently. Here are some thoughts from a recent Windermere blog post that might give you some good ideas for a home office refresh. Amid the COVID-19 Pandemic, many of us now find ourselves working from home. […]
Community Service Day Windermere . . . All In, for Our Communities       Over the past several months Windermere Real Estate has supported our local  local communities, assisting front line medical staff and local food banks. Windermere brokers and staff raised over $17,500 to buy meals for medical staff on the front lines at EvergreenHealth Medical Center. Those funds purchased 1,200 meals from local restaurants […]