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Bellevue News Eastside Market Update March 2019 Full Report The spring home buying season started early this year. Open houses had increased attendance and bidding wars returned. After months of softening, home prices in most of the region jumped significantly from the prior month. With just one month of data, we’ll have to wait and see if this is the start of a longer […]
Bellevue News Eastside Market Update February 2019 January brought more good news for homebuyers. Prices were down, inventory was up and interest rates hovered near a nine-month low. Those factors drove more buyers into the market and resulted in an uptick in sales for the month. We’ll see how this transitioning market evolves as we head into the prime Spring home buying […]
Bellevue News The Gardner Report Q4 2018| Western Washington 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 your Windermere Agent.  ECONOMIC OVERVIEW The […]
Bellevue News Eastside Statistics Slideshow January 2019
Bellevue News Eastside, King County, Seattle & Snohomish County Market Update A cool-down in prices and a surge in inventory spelled out good news for buyers in December. Median home prices throughout the region continued to moderate. The number of homes for sale more than doubled over a year ago. Condo inventory more than quadrupled. While we’re still far short of the four to six months […]
Bellevue News What’s Happening in the Market? The Final Numbers for December 2018 The 2018 Real Estate market has certainly been a little bit of roller coaster ride of late, but the final numbers for December do not reflect a depressed marketplace that the Seattle Times would have people to believe. Every area noted in the report shows that median home prices are up at least 4.3% year […]
Bellevue News 2019 Economic Housing Forecast What a year it has been for both for the U.S. economy and the national housing market. After several years of above-average economic and home price growth, 2018 marked the start of a slowdown in the residential real estate market. As the year comes to a close, it’s time for me to dust off my […]
Bellevue News Eastside Market Update December 2018 The real estate market continued to improve for buyers in November.  Interest rates dropped slightly, price increases slowed and inventory soared. It’s important to note that inventory increases, while significant, are being compared to the record low supply of last year. We’re still far short of the inventory needed for a truly balanced market, however […]
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Bellevue News Western Washington Real Estate Market Update 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 your Windermere Agent.  Economic Overview Washington […]
Bellevue News Eastside Market Update-October   It appears that balance is slowly returning to the local housing market. Home price growth slowed in September. Inventory continued to climb, but is still far short of the four to six months that indicate a normal market. Homes are staying on the market longer, giving buyers the breathing room to make the right […]
Bellevue News Market Update September Eastside Market Statistics through August 2018     The number of homes for sale in August increased dramatically over the same time a year ago. This is the result of a moderate increase in new listings and a much slower pace of sales. Homes are staying on the market longer, giving buyers more choices and […]
Bellevue News Market Update-July For the first time in years, the real estate market is finally starting to deliver good news for buyers. The region experienced its third straight month of significant growth in inventory. Homes are sitting on the market longer, prices are moderating, and multiple offers are becoming more rare. Despite the surge in homes for sale, […]
Bellevue News What Happened in the Market Last Month? May 2018’s Median closed sales price saw a 14% increase from $754k to $856k. Last month brought some long-awaited, positive news for buyers with May posting the most new listings in over a decade. Despite the uptick in inventory, most homes are selling in less than a month. Prices haven’t been impacted either, with the […]
Market Stats King & Snohomish County Market Stats – April 2018 April 2018 active inventory rose 25% from March 31 2018 and 17% from April 2017. Historically listings taken and active listings at the end of the month grow from April through July. In addition the majority of the year’s appreciation occurs in the first six months. What does this mean: Buyers can be a little […]
Market Stats The Gardner Report – First Quarter 2018 Western Washington Real Estate Market Update     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 […]
Market Stats The Gardner Report – Fourth Quarter 2017 Western Washington Real Estate Market Update ECONOMIC OVERVIEW The Washington State economy added 104,600 new jobs over the past 12 months. This impressive growth rate of 3.1% is well above the national rate of 1.4%. Interestingly, the slowdown we saw through most of the second half of the year reversed in the fall, and we […]
Market Stats King & Snohomish County Market Stats – December 2017 Home prices nearly double in six years going from $407,000 in December 2011 to $810,000 in December 2017. The year is over and 2017 has shown to be one of the best years in recent memory for equity gain while creating more and more competition due to dwindling availability of homes.  Pricing has recently reached […]
Market Stats King & Snohomish County Market Stats – November 2017 What’s Happening in the Market – November 2017 While the market seems to relaxing for the moment, it appears that the supply is still holding steady below 1 months of inventory.  Days on market have been creeping up nominally while the prices seem to have leveled for the moment. This time of year is a […]
Market Stats What Can We Expect From The 2018 Housing Market? 2018 Housing Market Forecast Matthew Gardner, Chief Economist of Windermere Real Estate has recently published a forecast for 2018 housing market. Here are his expectations in 2018. “It’s the time of the year when I look deep into my crystal ball to see what’s on the horizon for the upcoming year. As we are all […]
Market Stats King & Snohomish County Market Stats – October 2017 What’s Happening in the Market “The Market continues to move fast, however, it is slower than it has been in the last six months. Months’ Supply of Inventory is 0.9, the same as this time last year, and is still historically low. The percentage of closed sales selling for above list price was 41% in […]
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