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Home Buying Should I Buy a Home Now? Or Wait Until Next Year? When should I buy a home?   The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.4% by next year. CoreLogic predicts home prices to appreciate […]
Windermere Bellevue Commons News Who’s behind the recent $25 million commercial deal in Seattle? A commercial deal in Seattle to remember…   Our broker Cassy Wu was recently involved in a $25 million deal in Seattle. She represented the buyer to purchase an old building which will turn into a residential high-rise. Cassy was the owner and manager of a large real estate brokerage in Beijing before she came […]
Home Sweet Home Here’s your fall maintenance list Is your home ready for fall?     Fall is an ideal time to tackle maintenance projects both inside and outside. Here are a few ideas to get you started: Gutters top to bottom Water in the wrong spots can do a lot of damage. Start by ensuring that gutters and downspouts are doing their […]
Market Stats King & Snohomish County Market Stats – August 2017   What’s Happening in the Market Eastside (based on Residential Homes): Low Inventory The Real Estate market in August 2017 showed signs of slowing down, but it was interesting to see as home inventory fell, homes under $1.5M on the eastside were still selling at a fast pace while the upper end Buyers were being […]
Market Stats King & Snohomish County Market Stats – July 2017 Eastside (based on Residential Homes): Eastside (based on Condominium Homes):  
Market Stats The Gardner Report – 2nd Quarter 2017   The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. ECONOMIC OVERVIEW The Washington […]
Market Stats King & Snohomish County Market Stats – June 2017 What’s Happening in the Market Eastside (based on Residential Homes): Market times fall (Down 12-13% Year over year) Demand is still at a somewhat frenzied pace. The summer swoon may be upon us as June numbers show that listings outpaced the pending’s for the first time in quite a while, but don’t count on it […]
Windermere Bellevue Commons News You’re invited to our Yappy Hour! Yappy Hour with Drawings in Support of Seattle Humane   Wine, snacks, drawings and much more! Your furry friends are invited too! There’s not a better way to spend a Thursday afternoon than joining us for our Yappy Hour. We gather to support Seattle Humane – a great organization which cares about animals regardless of age, […]
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Windermere Bellevue Commons News REAL ESTATE OPEN HOUSE by Boys & Girls Clubs of Bellevue The Boys & Girls Clubs of Bellevue is a GREAT Resource for Your Clients! The Boys & Girls Clubs of Bellevue is committed to providing high quality programs for youth ages 2 – 18 at 12 sites located throughout Bellevue. This fall we’ll also have a new Club at Jing Mei Elementary. The Club staff […]
Community Support Community Service Day 2017 – Windermere Bellevue Commons Windermere Community Service Day – June 9th, 2017   This year Windermere Community Service Day is on June 9th, 2017. On this day, our brokers and staff at Bellevue Commons will be doing a variety of projects at Little Bit Therapeutic Riding Center; we’ve been volunteering at this great organization for the past 17 years. […]
Market Stats King & Snohomish County Market Stats – May 2017 What’s Happening in the Market Eastside (based on Residential and Condominium report): Closed median price at an all-time high of $748,944, up 20% from a year ago   Price appreciation is being driven by low supply and high demand.  Eastside months’ supply of inventory is less than three weeks, the lowest ever!   748 active […]
Bellevue News Meydenbauer Bay Park construction has begun Meydenbauer Bay Park construction The City of Bellevue has started the construction of Meydenbauer Bay Park. We’re excited to see how it would improve the connection between Bellevue’s bustling downtown and its scenic Lake Washington waterfront. With a quarter mile of waterfront, the 10-acre park considerably expands the current Meydenbauer Bay Beach Park. A large public […]
Market Stats The Gardner Report – First Quarter 2017 The Gardner Report – First Quarter 2017 Economic Overview I’m happy to report that Washington State continues to add jobs at a steady rate. While the rate of growth is tapering, this is because many markets are getting close to “full employment”, during which time growth naturally slows. That said, I believe that the state will […]
Home Selling 3 Charts That Shout, ‘List Your Home Today!’ In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply […]
Home Buying How Fast Can You Save for a Down Payment? Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state? Using data from the United […]
Windermere Bellevue Commons News Shred your sensitive documents for FREE Free Shredding Event! May 6th, 2017 Let’s cherish our Planet by recycling more! Bring all your sensitive documents to our FREE shredding event on May 6th, 2017. Don’t become a target for Identity Theft! We at Windermere Bellevue Commons are happy to provide this opportunity for you to protect your identity and safely dispose of […]
Home Buying Don’t Get Caught in the Rental Trap! There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental […]
Market Stats King & Snohomish County Market Stats – March 2017 What’s Happening in the Market Closed median price at an all-time high of $736,500, up 20% from a year ago.   Price appreciation is being driven by low supply and high demand.  Eastside month’s supply of inventory is less than three weeks (0.7 months), the lowest ever.   737 active listings as of 3/31/17.  Down […]
Home Buying Buying a Home this Spring? Be Prepared for Bidding Wars Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different! Buyers have already been out in force looking for their dream homes and more are on their way, but the challenge is […]
Windermere Bellevue Commons News Skagit County Tulip Festival 2017 What to Expect There are two display gardens with more than a million bulbs in every color imaginable! Stroll through the gardens to find your favorite picture spot. You can order bulbs, buy cut flowers and purchase gifts. The display gardens (RoozenGararde and Tulip Town) offer completely different experiences. Make sure to take in an […]
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