This week Matthew discusses “conforming” loans, offering his perspective on current and expected rates going forward. One thing I like about Matthew is he explains technical aspects of the financial world in an easily understandable way.
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Current Real Estate Market • April 16, 2020
Conforming Loan Update & Forecast from Matthew Gardner
by Amie Armstrong
Current Real Estate Market 2022 Recap As we finish 2022, in North King and South Snohomish counties, at the end of November the median sold price went up 2.5% from one year ago but down 14.4% from its high of $900k in March of this year. Price fluctuations vary from neighborhood to neighborhood, at different price points, and depending on the […]
Current Real Estate Market Our Current Game of Musical Chairs The recent rise in interest rates coupled with high inflation has caused the real estate market to slow and has sidelined both buyers and sellers: Would-be buyers are waiting for rates and inflation to come back down (so they can afford more house or even get into one), and many sellers are waiting for prices […]
Current Real Estate Market Home Equity Gains This Past Year This past year home values across the nation rose sharply: The average equity gain in the U.S. was $64,000. In Washington, it was much higher, a whopping $114,000. All totaled, U.S. homeowners gained $3.8 trillion in equity since the first quarter of 2021, a year-over-year gain of 32.2%. Wow! If you are interested in how […]