condominiums

buying a home Matthew Gardner’s 2023 Top Ten Predictions – Mid-Year Update Earlier this year Matthew Gardner, Windermere’s Chief Economist, shared his predictions for 2023. Fast forward six months, and in his latest monthly video he compares those predictions with how the housing market, interest rates, supply and demand, etc. has performed in the first six months of 2023. Matthew is still confident housing demand is high […]
Bellevue Parks Downtown Bellevue Pop-Up Dog Park Have you visited Wildwood Park just south of Main Street in recent weeks? You may have noticed one of three new pop-up dog parks. Bellevue Parks & Community Services has launched a pilot program to create safe and accessible spaces for pets and owners to play, socialize and exercise. Other pop-up parks are at Wilburton […]
Bellevue condominium Downtown Bellevue First Quarter Condo Market Statistics 2023 had a bumpy start. There’s been a lot drama and speculation regarding interest rates, the stock market, investments, employment, etc. While the eastside hasn’t been immune to these issues, the downtown Bellevue condo market has looked like a fairly normal spring market. Sales prices are gradually increasing, the difference between list price and sale […]
buying a home Rent vs. Buy – What Best Fits Your Current Lifestyle? Copy There are definite advantages to owning a home, as a vehicle for building wealth and the security of owning a safe place to call home. Matthew Gardner, Windermere Real Estate’s Chief Economist, speaks to the advantages of owning a home in this short video. While most of us can agree with all the points in […]
buying a home Increased Conforming Loan Limits Will Benefit Buyers Conforming home loan limits are tied to local home prices. Each year the Federal Housing Finance Agency (FHFA) evaluates home values nationwide and adjusts the conforming loan limits for each state and each county within each state.  FHFA also establishes higher conforming loan limits for areas deemed to be “high cost areas” based on local […]
condominiums What’s the Expected Local Impact of Recent Tech Industry Layoffs? There’s been a lot of media coverage in the last six weeks relating to local and national tech industry layoffs. The Pacific Northwest has a significant tech industry presence, not just all the major players but also many smaller but successful start-ups What impact can we expect in the Seattle and Eastside economy and housing […]
condominium speciaist September is Realtor® Safety Month September is Realtor® Safety Month. You wouldn’t think real estate was a profession that deals with a lot of risk or safety concerns. Though rare, over the years there have been several instances locally and across the country of Realtors® being physically or cyber stalked, injured or abducted. Locally, our industry was rocked by the […]
buying a home Juanita – New on the Market VILLA JUANITA – a spacious, open concept home designed with comfort and style No detail was overlooked in this spacious one bedroom condo. Quality  finishes and fixtures throughout (Restoration Hardware lighting, custom window treatments, freshly painted, newer carpet and stainless appliance package) make this a comfortable home for day-to-day or entertaining. The kitchen will please […]
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condo resale disclosures Revision to Condominium Resale Certificates Relating to EV Charging Stations The WA State Legislature recently approved a revision to the Condominium Resale Certificate. House Bill 1793, passed by both the House and Senate, was effective June 9, 2022. A new section has been added to the Condominium Resale Certificate relating to electric vehicle charging stations. Whether located in the unit or the limited common elements […]
appraisals Recent Changes to Condo Financing and Appraisal Requirements Following the 2021 collapse of the Surfside, FL condominium tower, and growing concerns nationwide about aging buildings and potential issues due to deferred maintenance, lenders are now required to perform additional due diligence when approving condo units for conventional loans. Fannie Mae and Freddie Mac have issued new requirements for condo and co-op financing. These […]
buying a home Housing and the Economy – What to Expect in 2022 In the last housing and economic forecast for 2021, Matthew Gardner, Windermere’s Chief Economist, looks ahead and shares his economic and housing forecast for 2022.
Bellevue Farmers Market Bellevue Farmers Market Opens May 13th It’s a sure sign spring is here . . . the 2021 Bellevue Farmers Market opens this week. The market is open every Thursday from 3:00 to 7:00 PM. You’ll find the market at the same location as years past – Bellevue Presbyterian Church located at 1717 Bellevue Way NE. Look for a variety of […]
buying a home 2021 Housing and Economic Update Every year Matthew Gardner, Windermere’s Chief Economic, provides his forecast for the coming year. As always, he includes a variety of topics that relate to the national economy, housing trends, mortgage interest rates and home price appreciation. This year he also addresses the impact the 2020 pandemic had on the economy and housing and what […]
condominiums 2021 US Housing Forecast – What to Expect Next Year This week Matthew Gardner, Windermere Chief Economist, takes a look at the US housing forecast for 2021. Topics include mortgages, existing home sales, existing home values, new construction, the impact of homes in forbearance  and the urban condo market. Overall the outlook is positive for a continuing strong real estate market and low interest rates.
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 […]
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 […]
condominiums Are You Eligible for a Property Tax Exemption or Deferral? Did you know . . . there are King County real estate property tax relief programs for qualified senior citizens, disabled persons and veterans. It is estimated that many qualified seniors and disabled persons are not registered for available exemptions and only 1 in 100 of those eligible for deferrals are enrolled. The application process […]
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 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.