Strategy

Helpful Information Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand out to sellers as a […]
Statistical Information Year to Date Real Estate Recap May 2021   Here we are, one-third into 2021, and boy what a ride it has been so far. We all know that 2020 was a unique year full of challenges and change. The pandemic made us pause and re-evaluate many aspects of our lives including where and how we live. The impact of the pandemic on the […]
Helpful Information What is a Seller’s Market? When the housing market favors sellers, a seller can expect ideal conditions for selling their home. However, that’s not to say that a seller’s market doesn’t come with its own unique set of challenges for parties on both sides of the transaction. That’s why it’s critical for buyers and sellers to work with an agent […]
Strategy You Want to Sell, But You Need to Buy? What to do? Homeowners across our region are enjoying incredibly healthy equity levels due to an upswing in the real estate market over the last five years. In fact, the median price in King County is up 50% over the last five years and up 55% in Snohomish County. Over the last 10 years, the median price is up 96% in King […]
Helpful Information The Importance of Pre-Approval To set yourself up for a smooth and successful home purchase, getting pre-approved is perhaps the most productive first step you can take. It strengthens your buying credibility, informs your home search, and speeds up the closing process.   The Pre-Approval Process  There is an important distinction to made between two important steps of your mortgage application […]
Helpful Information Inventory, Equity & Experts! Laying Fact Over Fact! It is important that we pay attention to the data when measuring the health of the housing market. There are a lot of feelings and media influences that can play into one’s opinion of the housing market. I choose to focus on three things: inventory, equity levels, and the experts. This has been and will […]
Helpful Information The Windermere Bridge Loan – A Solution for Competing! Inventory levels got you down?  But your equity is high?  A solution for competing in this market.  The Windermere Bridge Loan program can help… Homeowners across our region are enjoying very healthy equity levels due to an amazing upswing in the real estate market over the last five years. In fact, the median price in […]
Strategy Homebuyers Tips for Winning a Home in a Seller’s Market   We’ve said it so many times, but it is so true: these are unprecedented times! In relation to the real estate market, there are many factors that are contributing to this environment. First and foremost, we are living through a global pandemic. Our daily lives have changed and they will probably never be quite […]
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Helpful Information Should You Buy an Existing Home or New Construction? Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons […]
Statistical Information August 24 – Understanding the U.S. Household Debt & Credit Report Mondays with Matthew On this week’s episode of “Mondays with Matthew”, Matthew Gardner shares some reflections from his vacation and explains why the relatively unknown U.S. Household Debt & Credit Report is one we should all be paying more attention to. Take a listen…
Statistical Information When Equity Meets Lifestyle – August 2020   Over the last 5 years, housing has had abundant price appreciation, providing substantial equity for homeowners to utilize to make meaningful lifestyle moves or invest back into where they are. In King County, the median price has appreciated from $463,000 to $689,000 since July 2015, which is a 49% increase equaling $226,000! In Snohomish […]
Helpful Information The Top Reasons People Are Moving This Year Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from the […]
Local Communities Updated 2020 Puget Sound Area Forecast In his updated 2020 forecast, Matthew Gardner discusses how COVID-19 has changed what he sees taking place in the economy and housing market through the end of the year.
Statistical Information August 3 – Case Shiller – Mondays With Matthew Gardner
Statistical Information July 27 – Real Numbers From The Front Lines! Where Are We?   As we head into the second half of 2020 we are starting to see the makings of a housing market recovery. There was a steep dive down in closed sales in April and May, but a quick snap back in June. This trajectory illustrates a “V” shaped change from the beginning of the COVID-19 […]
Statistical Information Consumer Confidence – July 20 – Mondays With Matthew Gardner
Statistical Information The Cost of Waiting a Year to Purchase! What is the Cost of Waiting? These historically low interest rates are helping with affordability! Although prices are up year-over-year, the monthly cost of owning a home is down – Amazing! It is understandable that buyers are out in force taking advantage of securing a new home with low debt service. What does this mean […]
Statistical Information July 6, 2020 What is The Impact of Millennial Home Buyers?
Statistical Information Summer is The New Spring (Market) Since the onset of the COVID-19 pandemic reaching our region, we quickly shifted to updating you more frequently with information to help you stay informed on the real estate market. Since mid-March, we have been committed to gathering high-frequency data (micro-data) to help illustrate “Where We Are Now” and have provided this newsletter bi-monthly vs. […]
Statistical Information Is a Recession Here? Yes! Does That Mean a Housing Crash?   On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins […]