Strategy

Statistical Information 2022 Real Estate Market Predictions   At Windermere, we have the benefit of being expertly guided by our Chief Economist, Matthew Gardner. Every year he shares his predictions for the US Economy and Housing Market. We have included a list of highlights below. Matthew’s Forecast for the US Economy:   The US will still continue to feel the effects of the COVID-19 […]
Strategy What is a Windermere Bridge Loan? Windermere Bridge Loan  Many people who are buying their next home need to sell their current home in order to finance their move. This means that they will likely need to make an offer on the new house that is contingent on the current home selling. In this competitive real estate market, however, offers with […]
Helpful Information The Zillow Algorithm vs. The Human Algorithm   The recent news of Zillow’s plan to shut down their iBuyer program due to a $328 million loss in the third quarter has heads spinning in the real estate world and on Wall Street.  Sadly, Zillow plans to eliminate 25% of its workforce because of its decision to move away from the practice of purchasing and […]
Helpful Information The Triangle of Buyer Clarity…Finding Buyer Success in a Sellers Market! Embarking on a home purchase in a seller’s market can be intimidating, but it can be done. Long-term price growth confirms that owning a home is a key element to building household wealth. Home equity gained over time is typically the largest asset that contributes to a household’s net worth. Homeownership is not only an […]
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 […]
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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 […]
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