July 2018

The Gardner Report: Western Washington Economic and Real Estate Report – 2nd Quarter 2018

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 Washington State...

Lack of Listings Slowing Down the Market

As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018. However, there is one thing that may cause the industry to tap the brakes: a lack of...

4 REAL Reasons Why We Buy A Home!

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are...

Another Happy Client! Sold 25% Above the List Price at $1,875,000 with 13 Offers!

Thank you again for your assistance with the sale of our home.  After 24 years of residence in our home, you and your team performed in a very professional, extremely prepared manner. You came highly recommended by numerous past clients that we were acquaintances with. Your familiarity with the market in our local area provided us with great insight in making our decision and promoting  a solid strategy...

How Long Do Most Families Live in a House?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six...

“We got the best result out of each step, which is something only a super experienced real estate agent like Tony can do so well.”

It was great experience working with Tony to sell our house. Tony impressed us from our first meeting with a comprehensive presentation of his experience in real estate as well as his analysis of market data and his first hand data selling/buying homes. His sensitivity of market trend turned our home from no showing in first few days of listing to multi offers in a week, his negotiation improved those...

“We got the absolute best price for our house because of Tony’s hard work and guidance.”

We first met with Tony in the fall of 2017.  He was referred to us by a coworker of my wife. He was one of three agents that we contacted prior to listing our house.  Our neighborhood in Kirkland has had a number of homes sold and tore down and replaced with million plus dollar homes and we received a postcards weekly offering quick cash to do the same so we looked into that possibility as...

NWMLS June 2018 Real Estate Market Report – Brokers Seeing “Simple Economic Recipe for a Softening Housing Market”

KIRKLAND, Washington (July 5, 2018) - Home buyers around many parts of Washington state had more choices and less competition during June, prompting some industry leaders to comment on "a feeling of change in the market." "Inventory is up and demand has dropped," reported Robert Wasser, an officer with the board of directors at Northwest Multiple Listing Service. That combination is "a pretty simple...