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Bellevue Real Estate Local Market Update – August 2022 The summer continues to heat up, and patient buyers are being rewarded as market shifts create a new dynamic between buyers and sellers. After years of intense competition between buyers for the most desirable listings, increasing inventory and slower price appreciation across the region has caused a pivot, with sellers competing more strongly against each […]
Bellevue Real Estate Local Market Update – July 2022 Cooler temperatures and a cooler regional real estate market have been this summer’s hallmark thus far. After months of blazing hot sales and a breakneck pace, buyers are finally seeing inventory levels accelerate and price gains slow. With inspection and financing contingencies once again becoming the norm, the region may at last be shifting toward […]
Bellevue Real Estate Local Market Update – June 2022 The tides of our local real estate market may at last be shifting, as buyers find relief in increasing inventory and the frenetic pace of sales slows noticeably. At the end of May, inventory across the 26 counties served by the Northwest MLS had increased by 59%, with 8,798 active listings in the database, compared […]
Bellevue Real Estate Local Market Update – May 2022 After a long stint of suppressed housing inventory across our region, buyers may at last have more options as the supply of available homes ticks up ahead of the summer market. The month-over-month increase in inventory has been as much as 50% in some areas, offering renewed opportunities for those buyers who are not dissuaded […]
Bellevue Real Estate Local Market Update – April 2022 The spring market continues its frenzied pace, with soaring prices and stiff competition testing the resolve of buyers. Despite these obstacles and rising mortgage rates, inventory remains low across King County, as pending sales keep pace with new listings, demonstrating a strong demand from buyers. This demand has factored into the way sellers are approaching […]
Bellevue Real Estate Local Market Update – March 2022 As we head into the traditionally busy spring season for homebuying, the market seems to be keeping up its intense pace, with low inventory across the board and multiple offers the norm. A marginal increase in listings across King and Snohomish counties has done little to counter fierce buyer demand, with certain areas on the […]
Bellevue Real Estate Local Market Update – February 2022 The local market in January looked a bit like the calm before the storm. Home prices took a pause from the frantic surges of last year, but if the sales we’ve seen in the last few weeks are any indication, the market looks like it’s heating up again. Inventory inched up in January, but remains […]
Bellevue Real Estate Local Market Update – January 2022 Record-low temperatures combined with record-low inventory put a chill on housing activity in December. With very few homes available to buy, sales were down. Lack of supply and high demand continued to push prices up. Since the winter months historically bring the smallest number of new listings, buyers should not expect relief anytime soon. While […]
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Bellevue Real Estate Local Market Update – December 2021 While the housing market typically slows down in the winter, fewer buyers are taking a break this year. High demand and scant inventory still favor sellers, who continue to see multiple offers. In one bright spot for buyers, home prices – while up from over a year ago – appear to be evening out in […]
Bellevue Real Estate Local Market Update – November 2021 As we head towards the end of the year, the housing market traditionally slows down. This year activity was even slower than normal, with record-low inventory and correspondingly fewer sales. Prices aren’t appreciating at the pace they were in the spring, but they continue to be up as compared to a year ago.  While potential […]
Bellevue Real Estate Local Market Update – October 2021 We had a rise in listings in September, but that didn’t stop the inventory from being tight. With a large buyer demand, shortage of homes for sale, and low interest rates, the prices remained higher than the last year. However, as we head into the holiday season, we tend to see a slow down in […]
Bellevue Real Estate Local Market Update – September 2021 As the seasons get chiller, according to Windermere Chief Economist, Matthew Gardner, so are the prices in this market with the median listing prices and sales prices in August even the slightest bit lower than in the month prior. Gardner has even said himself that he believes “that this is because we are hitting a […]
Bellevue Real Estate Local Market Update – August 2021 As the temperature went up, so did the amount of homes on the market. With more homes and less multiple offers in comparison to last year, we’re starting to see even the slightest ease in this competitive market for buyers. While there was a small increase in homes for sale in July, inventory remains very […]
Bellevue Real Estate Local Market Update – July 2021 With the slight spike in the amount of listings in June, it seemed as though there may have been the smallest glimpse of hope for homebuyers. However, it’s still hard to predict whether this trend will continue. Despite the slight spike the inventory is still less than the demand, and our beloved Puget Sound region […]
Bellevue Real Estate Winter Ready Coat Drive to Benefit Jubilee Reach WBC Agents Anna Grisham, Joe Dahl, Shani Brummer, Tina Terada, KiamaLise Herres and Allyson Green held a Winter Ready coat drive last weekend. Those who dropped off donations picked up an ice cream treat at drop off. The drive was a success! Donations will benefit Jubilee Reach and local families in need. So great to […]
Bellevue News Fall Food Truck Event with Jim Murphy Our Fall Food Truck Event hosted by Jim Murphy of Caliber was a success! Thanks for those who came out and donated to Bellevue LifeSpring. We raised $1,100 for Bellevue kids and their families. Good work for a Tuesday and so nice to see so many masked faces!               […]
Bellevue News Supporting Local Businesses During the COVID-19 Outbreak Many small businesses have been impacted by COVID-19 due to mandated closures and customers staying at home. We can help them by doing things like: Order take-out from restaurants that offer it, and pick up directly if possible rather than 3 rd-party delivery to avoid fees charged back to the restaurant. Buy gift cards from […]
Community Support Love Doughnuts? Seattle’s Top Pot Doughnuts Interview Right Here On the latest episode of the Windermere Home podcast, our host Brian Bushlach speaks with Mark Klebeck, Co-Founder of Top Pot Doughnuts. At Top Pot, they go all in by only crafting recipes using the best ingredients and precise techniques to create the highest quality doughnut. However, the attention to detail does not stop there […]
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