Key Terms To Know When Buying a Home [INFOGRAPHIC]

January 13, 2023
9:17 am

Tony Meier & Team. 37 years. 798 closed sales. $249M+ in closed volume since 2020.

Some Highlights

Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process.
If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process.
Let’s connect so you have expert answers for any questions as they come up.

Thinking about a move on the Eastside?

Tony Meier & Team has closed 798 residential transactions with $249M+ in volume since 2020. Whether you are six months out or just curious about your home’s value, we would be glad to help you think it through.

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Tony Meier & Team

37 years experience. 798 closed sales. English Hill resident since 2001. 217 sales serving the English Hill Area.

425-466-1000 | tony@eastsidehomes.com | EastsideHomes.com

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Tony Meier & Team
Windermere Northeast
11411 NE 124th St #110, Kirkland WA 98034
425-466-1000
tony@windermere.com

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Recent Listings & Sales

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Latest Market Updates

July 29, 2026

MOI Crosses 4, Pending Falls 23%, and Prices Turn Positive. Another Wild Week | Seattle’s Eastside Real Estate Update 07-29-26

5 Min. Read Audio Version Tony Meier | Windermere Real Estate | 37 Years Experience | 798...

July 22, 2026

Highest Rates in a Year, and Selection May Be Peaking Too | Seattle’s Eastside Real Estate Update 07-22-26

Rates jumped to 6.77%, a new 2026 high and the highest in nearly a year — the last time they were higher was July 28, 2025. The buyer's year-over-year rate advantage has closed to zero. Meanwhile inventory growth slowed sharply as the July peak window arrives, meaning selection may be peaking too.

July 15, 2026

Holiday Distortion Clears — Sitting on the Edge of Buyer-Favored Territory | Seattle’s Eastside Real Estate Update 07-15-26

5 Min. Read Audio Version Tony Meier | Windermere Real Estate | 37 Years Experience |...

July 8, 2026

Post-Holiday Data Is Deeply Distorted — Reading Through the Noise | Seattle’s Eastside Real Estate Update 07-08-26

This week's headline numbers are the most extreme readings of 2026, but they arrive with the Independence Day holiday firmly stamped on them. Pending fell to 72, MOI jumped to 5.78, and active listings declined for the first time all year. A clean read of underlying market conditions will not be available until next week.

July 1, 2026

Pending Jumps 37% Ahead of the Holiday — Reading the Reversal in Context | Seattle’s Eastside Real Estate Update 07-01-26

Pending sales jumped 37% this week to 137, MOI pulled back to 3.10 returning to balanced territory, and active listings barely grew for the first time all year. But pre-holiday timing complicates the read, and next week's Independence Day suppression is likely to reverse the pending signal.

June 24, 2026

Eastside Crosses Into Buyer-Favored Market Territory for the First Time in 2026 | Seattle’s Eastside Real Estate Update 06-24-26

5 Min. Read Audio Version Tony Meier | Windermere Real Estate | 37 Years Experience |...

June 17, 2026

Rates Ease Modestly as Inventory Hits Another 2026 High | Seattle’s Eastside Real Estate Update 06-17-26

The data this week reads in mixed directions: rates eased to 6.62%, pending sales firmed modestly to 126, and active listings climbed to 1,771 — another 2026 high. Four short-term signals moved in sellers' favor this week, but the structural conditions defining 2026 remain in place.

June 10, 2026

Pending Sales Drop 17% Below Last Year as Rates Match the Post-Conflict High | Seattle’s Eastside Real Estate Update 06-10-26

Three signals converged this week: pending sales fell sharply with the YOY gap widening to -17.2%, rates returned to the post-conflict high of 6.67%, and Months of Inventory jumped to 3.34 — the second-highest weekly reading of 2026, this time without holiday distortion to explain it.

June 3, 2026

Inventory Continues to Grow While Home Prices Remain Stable

Published on: June 3, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most...

June 3, 2026

🏡 June Opens With Demand 8% Below Last Year — and Inventory at a New 2026 High | Seattle’s Eastside Real Estate Update 06-03-26

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May 27, 2026

🏡 May Is Tracking as the Weakest Demand Month Since 2008 — The Seasonal Turn Is Underway | Seattle’s Eastside Real Estate Update 05-27-26

Tony Meier & Team's Weekly Market Update Audio Version 🏡 May Is Tracking...

May 20, 2026

🏡 A New Rate High, a Pending Rebound, and a Market Still Searching for Direction | Seattle’s Eastside Real Estate Update 05-20-26

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May 14, 2026

Inventory Surges While Sales Slow and Prices Hold Steady

Published on: May 5, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most...

May 13, 2026

🏡 Rates Hit a New Wednesday High — While Inventory Holds Its Breath | Seattle’s Eastside Real Estate Update 05-13-26

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May 6, 2026

🏡 Flat Demand, Rising Supply, and More Inventory Than Even Last Year’s Disrupted Market | Seattle’s Eastside Real Estate Update 05-06-26

Tony Meier & Team's Weekly Market Update 3 Min. Read 🏡 Flat Demand, Rising...

April 29, 2026

🏡 April Listings Cross a 14-Year High — and the Demand Gap Tells the Real Story | Seattle’s Eastside Real Estate Update 04-29-26

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April 22, 2026

🏡 Spring Break Is Over — Here Is Where the Market Actually Stands | Seattle’s Eastside Real Estate Update 04-22-26

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April 15, 2026

🏡 The Spring Break Bounce — What the Rebound in Pending Sales Tells Us | Seattle’s Eastside Real Estate Update 04-15-26

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April 9, 2026

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April 8, 2026

Tony Meier & Team’s Weekly Market Update: Spring Break, Record Inventory, and a MOI Milestone | Seattle’s Eastside Real Estate Update 04-08-26

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April 3, 2026

Inventory Jumps 29% as Rising Mortgage Rates Stall Sales

Published on: April 2, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most...

April 3, 2026

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April 3, 2026

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April 1, 2026

Tony Meier & Team’s Weekly Market Update: A Record Month Closes — What the Data Shows Heading Into April | Seattle’s Eastside Real Estate Update 04-01-26

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March 4, 2026

Inventory Surges 28% as Mortgage Rates Dip Below 6% Ahead of Spring Market

Published on: March 4, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most...

February 4, 2026

Inventory Climbs Across Most Washington Counties as Sales and Prices Moderate

Published on: February 4, 2026 Northwest Multiple Listing Service (NWMLS), the source for the...

January 26, 2026

Inventory Continues to Rise as Buyer Demand Remains Constrained

Published on: January 6, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most...

December 10, 2025

3 Fed Rate Cuts. Mortgage Rates Don’t Budge! Seattle’s Eastside Real Estate Update 12-10-25

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November 5, 2025

Monthly Market Update: More Listings and Lower Rates

Published on: November 5, 2025 Northwest Multiple Listing Service (NWMLS), the source for the...

October 6, 2025

Inventory Rises, Prices Ease Across Washington

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Client References

Client Recommendation: A Sunrise Sale Done Right in Redmond

Sunrise sellers Shilpa Nagde and Anurag Gomsale share their experience working with Tony Meier & Team.

If you want an agent who is patient, strategic, and deeply knowledgeable, we highly recommend their services.

We had an exceptional experience working with Tony Meier and team, and we couldn't be happier with...

Tony and his team to be responsive, very knowledgeable and dedicated to my best interests…

When it was time to sell my house I decided to have Tony Meier and his team help me because many of...

“Tony is an excellent agent. My partner describes him as our house doula, and it’s an excellent descriptor…”

I've worked with Tony on buying two houses and selling one. I've also worked with Tony when...

“Tony’s communicative team made buying and selling easy…”

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I can hardly think of more demanding customers than the two of us, but Tony rose up to the...

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“What could have been an overwhelming experience was made smooth, efficient, and even uplifting thanks to Tony and his team…”

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“Tony was a dependable and knowledgeable agent who allowed us to have minimal worries during an important and stressful time”

"Tony and Team provided us with resources and support for a smooth and pleasant property sale of...

Key Terms To Know When Buying a Home [INFOGRAPHIC]

Some Highlights

Thinking about a move on the Eastside?

Tony Meier & Team

Contact Us

Get the Weekly Update

Recent Listings & Sales

Latest Market Updates

Client References

Recent Posts