Current Real Estate Market

What's happening in the current Real Estate market

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Current Real Estate Market How Do Consumers Feel About Buying & Selling Right Now? This week learn about results from the National Housing Survey results published by Fannie Mae.  Chief Economist Matthew Gardner dives into the #s that measure the public’s current sentiments re: buying and selling. https://www.windermerehub.com/member/post/899f7d22-a5d3-432f-8717-7345911c8250?uid=107130&actr=Broadcast&actd=1135 Do you (or anyone you know) want or need to buy or sell a home now? If you are worried about […]
Current Real Estate Market Sold Safely $38k Over Asking! My Seller is in a high-risk group. She and her family had concerns about her staying safe during COVID-19, but she  needed to sell quickly and wanted top dollar for her home. I helped her achieve her goals: Her home sold in 4 days for $38k over asking price (9.2% above list price) 15 offers […]
Current Real Estate Market June 2020 Market Stats for the NWMLS Check out June 2020 real estate statistics for the 23 counties that comprise the Northwest Multiple Listing Service (NWMLS). Quick takeaways: COVID-19 + Low inventory are the driving factors in the current real estate market. Homes are selling 33% faster than they were a year ago. Compared to 2019, inventory of available homes was down […]
Current Real Estate Market Why Aren’t More Millennials Buying Homes? Why is home buying lower among Millennial buyers? Matthew discusses this as well as how a lack of home buying can affect long-term wealth and wealth inequality. As always, if you know someone who is thinking of buying or selling, please pass on my info…I’d love to help! #yourhomesherpa https://www.windermerehub.com/member/post/2b898d6d-6b32-43e0-a85f-9a102d36c26a?uid=107130&actr=Broadcast&actd=1098
Current Real Estate Market New COVID-19 Requirements for Real Estate Recently, Governor Inslee made changes to the rules/requirements for Real Estate. Here are the latest requirements as of 6/24/2020, sorted by Phases. WA Counties are listed at the bottom of the chart. 062420 Phase Chart with Counties
Current Real Estate Market Record Mortgage Demand During COVID-19, many people have been waiting on the housing sidelines as mortgage rates have dropped to record lows.  Now that restrictions are being lessened, people are coming out in droves, applying for mortgages with interest in buying/selling. Mortgage applications are now at an 11-year high and 21% higher than last year. For more info, […]
Current Real Estate Market Mondays with Matthew: How Close are We to “Normal”? This week Matthew discusses “Getting Back to Normal.” He looks at several fascinating gauges for recovery going forward. Buyer demand is increasing, however inventory is still tight leading to frequent multiple offer scenarios. In the last 2 weeks, 3/4 of my listings that went under contract had multiple offers. If you or someone you know […]
Current Real Estate Market Pending in 4 days, Multiple Offers, Well Over Asking Price This amazing home sold in 4 days with multiple offers & well over asking price! When homes in desirable areas are well-prepared and priced, Buyers stream in and they don’t last. The Sellers couldn’t be happier! They were thrilled to sell this home and buy a new home based on what was important to them. […]
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Current Real Estate Market New Home Construction and It’s Effect on the Housing Market This week on “Mondays with Matthew” Windermere Chief Economist Matthew Gardner analyzes the past two decades of the new home construction market and then discusses his predictions for this segment of the market going forward. Click here  to view Matthew’s weekly video.
Current Real Estate Market Conforming Loan Update & Forecast from Matthew Gardner 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.
Current Real Estate Market Is loan forbearance is right for you? Because of the COVID-19 Pandemic, many have had their income severely reduced, making it hard to keep up with mortgage payments. The federal government has created loan forbearance plans which may help ease the burden for many homeowners. However, be careful…it may not be the best option for everyone, especially given that not all of […]
Current Real Estate Market Economic and Housing Forecast for Western Washington Happy New Year, and Happy New Decade!! Last week I listened to an in-person lecture by Matthew Gardner, Windermere’s Chief Economist. In his lecture Matthew shared his 2020 forecast for the economy and his housing market expectations for Western Washington. Below is a link to his recent blog post which covers a lot of the […]
Current Real Estate Market How Long Things Last We all know that nothing lasts forever, but when everything is working fine it is easy to forget that all of the systems and appliances in your home have a finite lifespan. Keep this information in mind, whether you are buying or selling a home, budgeting for improvements, or deciding between repairing and replacing. Here’s […]
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