Current Real Estate Market

Matthew Gardner, Windermere’s Chief Economist, shares second quarter 2021 housing statistics. To see his blog, click here.  Highlights from Matthew: Q2 Listing activity was 42.8% higher thanQ1 San Juan, King, Whatcom, and Snohomish counties saw significant sales increases Home prices rose 31.4% compared to a year ago. The average sale price was $734,567—another all-time record. […]

Here is a great Forbes article that gives a nice overview of the challenges buyers (especially first-time home buyers) are having in today’s strong seller’s market. The buying strategies discussed are sound and common in our area. While this is great information, the author doesn’t mention the importance of communication. I cannot overstress the importance […]

In this month’s episode of “Monday with Matthew,” Matthew Gardner digs into the data on inflation rates and mortgage payments to explain the significant increase in home prices over the past thirty years. He also discusses the topic of a housing “bubble.” Good stuff!!

This past month was one for the record books: Record increases in the median price year-over-year, record low inventory, and record low interest rates. It was (and still is) a “perfect cocktail” for sellers and a “perfect storm” for buyers. For a good article about the current Seattle real estate market, click the link below: […]