Design New Neutrals Thinking about selling and need to freshen up your home’s interior paint? Did you just buy and want to personalize the interior paint scheme? Neutral doesn’t need to be boring! 6 Designer-Approved Neutral Color Schemes for Every Home
economy Buy Now or Wait? Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. […]
economy The Reason Mortgage Rates Are Projected to Increase and What It Means for You We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer. Whenever we try […]
economy Waiting for a Break in Prices? Foreclosures should not lead to price declines The massive wave of unemployment that came along with the pandemic led many homeowners across the country to enter mortgage forbearance. While unemployment is slowly but surely declining (and ahead of expectations), it will be a while before we reach the pre-COVID levels. Because of this, foreclosures are […]
Seattle Getting Your House Ready to Sell Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store. Your real estate plans don’t have to be completely on hold even while we’ve hit the pause button on other parts of daily life. Tackling small projects from […]
economy Trusted Professionals Make Homebuying Easier to Understand In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help […]
economy A Recession Does Not Equal a Housing Crisis! Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of […]
Seattle Top Reasons to Own Your Home Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. Let’s connect today to determine if homeownership is the right next step […]
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economy Housing Market Positioned to Bring Back the Economy All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to be that driving force, the tailwind that is necessary. Some may […]
UrbanVillages Mercer Island Redevelopment The sale of the old Farmers Insurance building in the Mercer Island Towncenter has happened at last. According to the article linked below, the plan is two-fold. The 1980s office building will be redeveloped, and the large parking structure will become condos. I really like the vibe that developer Ryan Cos. brought to Kirkland Urban, […]
Seattle Future of W Seattle market I’ve been watching West Seattle news pretty closely, especially since the bridge closure. I see an opportunity there, both for buyers wanting to get into the market, and for the community to evolve. For example, there could be a shift towards public transit as the primary gateway, and more local shopping and dining options.
economy Mondays with Matthew 5/4 Have you been hearing talk about “mortgage forbearance”? Do you have questions about what it is or what it will mean for our economy? You aren’t alone. Because of this confusion, Windermere’s economist brings us today’s video with his usual clear explanations. If you still have questions regarding this or anything else real estate related, […]
economy Western Washington The latest Gardner Report is out for Western Washington. You can read Windermere’s economist’s analysis by clicking the link below the photo to read the full report. 2020Q1WWAGardnerRpt
economy Mondays with Matthew 4/27 Are you concerned about the housing market collapsing like it did in 2007, at the start of the Great Recession? If so, you aren’t alone. Matthew Gardner discusses some comparisons between then and now, which should bring you some peace of mind.
economy Mondays with Matthew 4/20 Today Matthew’s video discusses what’s been driving current home prices. He explains components of the economy which are putting upward pressure on housing prices, and highlights differences compared to the 2008 bubble. This is timely for the people who have been asking me if we are in another one. I also recently read that tightened […]
Seattle West Seattle Bridge Detour Handy map put out by the Seattle Times! I was wondering how to get over to West Seattle, now that the West Seattle bridge has been closed indefinitely. The city says until 2021, but they don’t know if it is fixable yet. Even if they did, there isn’t a budget for it. So I wouldn’t […]
economy Mondays with Matthew 4/13 This is from a new video series from Windermere Real Estate featuring our own economist, Matthew Gardner. I have found his short explanations about the economy, interest rates, and other topics to be very informative. Feel free to share!