real estate

Bellevue Summer May Offer Temporary Relief for Home Buyers This week’s press release from the Northwest Multiple Listing Service (NWMLS) provided a hint of hopeful news for local home buyers. NWMLS data shows the number of active listings added to the market in June was at it’s highest level in 17 months. In the tri-county area (King, Snohomish and Pierce counties) single family and […]
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 Post Election Housing Thoughts How could a Biden administration impact real estate? Matthew Gardner, Windermere Real Estate’s Chief Economist, shares his thoughts.  
Bellevue Changes Planned for the Marketplace at Factoria   Its been rumored for years that Factoria Mall would be redeveloped to make better use of the large parcel. The mall and several free standing buildings currently occupy the 43 acre site. An application for design review has been submitted to the City of Bellevue for redevelopment of the Marketplace at Factoria. Eight phases […]
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 […]
buying a home How Long Will Mortgage Rates Stay this Low? This week Matthew Gardner, Windermere Real Estate’s Chief Economist, discusses current mortgage interest rates. Interest rates are currently right around 3% and mortgage applications, driven by those historically low rates, are up 25% over the same period last year. It’s amazing to look back to the early 1980s when mortgage interest rates were in the […]
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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 […]
economy Good News – Nationwide Mortgage Delinquency Rates are Down Matthew Gardner, Windermere Real Estate’s Chief Economist, is back from vacation (sporting a new look) and talks about the relatively unknown U.S. Household Debt and Credit Report. While this may not sound very sexy, it actually contains interesting information. The report provides insights and data on national housing finance. Not surprising, mortgages and student debt […]
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.    
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.  
economy Matthew Gardner – The Importance of the National Housing Survey Started in 2010, the information in the National Housing Survey contains information about consumer attitude, intentions and financial confidence as it relates specifically to housing.    
economy COVID-19 Impact on the Housing Market – You Might Be Surprised
IRS July 15th Tax Extension Deadline is Next Week Due to the COVID-19 pandemic, the IRS postponed the original tax filing deadline from April 15th to July 15th. July 15th is also the deadline for making first and second quarter estimated payments for 2020. You also have until the 15th to contribute to your IRA or health savings accounts for the 2019 tax year. […]
lifestyle An Online Furniture Shopping Newbie I don’t do a lot of online shopping unless its for a product I’ve purchased before or from a retail store I’m familiar with and trust. Buying groceries online, a t-shirt from Nordstrom or replacing a kitchen item from Amazon is a safe bet. I’ve never made a significant online purchase like furniture. Replacing the […]
affordable housing The Important Role First Time Buyers Play in the Long Term Housing Market This week Matthew Gardner, Windermere Chief Economist, speaks to the importance first time buyers will play in the recovery of the country’s housing market.