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economy Gardner Report Q4 2019 THE GARDNER REPORT – FOURTH QUARTER 2019 [THE STATE OF] REAL ESTATE 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 […]
bellevue Live in Somerset Located on a quiet cul-de-sac, one block to elementary school, this updated Somerset home offers all the spaces you’re looking for. Light-filled open concept kitchen/family room, perfect for everyday living. Wall of windows soaks in the views and leads to expansive deck for easy entertaining. Remodeled master suite with custom walk-in closet and five-piece bath. […]
bellevue Privacy and Views in Somerset $975,000 4232 136th Pl SE – 3 bedroom – 3 bath – 2360 sq ft Located at the end of a cul-de-sac in sought after Somerset where privacy and views abound. New deck soaks in the Olympic Mountains and Seattle to Bellevue skylines. Great flow on the main floor with open kitchen, dining and living room. […]
economy Where are home prices heading? Home price increases in the Puget Sound area have started to moderate. While down from the unsustainable highs of this spring, prices continue to be up compared to a year ago. So, where are home prices headed next? The Home Price Expectation Survey checks in with over 100 national real estate experts every quarter, including Windermere […]
economy How Interest Rates Affect Buying Power Whether you are thinking about buying or selling a home, interest rate trends are an important factor to consider. Mortgage interest rates have been rising and experts, including Windermere Chief Economist Matthew Gardner, predict that they will continue to increase in 2019. Interest Rates and Buying Power The chart below shows the impact rising interest rates would have if […]
economy What’s Really Happening in the Housing Market?   Our housing market is finally cooling a bit, from scorching hot to slightly-less-sweltering. While some alarmists are talking bubble or impending crisis, the statistics tell a different story. The market does appear to be shifting, and that’s good news! The steep price increases of the past few years are not sustainable, and also risk pricing […]
real estate Unobstructed Views in Somerset This classic Somerset home offers stunning views from almost every room on both levels. Sweeping skyline views of Seattle & Bellevue and mountain views from the Northern Cascades to sunsets over the Olympics. Open living room with vaulted ceilings, fireplace and floor to ceiling windows. Large kitchen with eating area. Level backyard with plenty of […]
listings Nautica by the Lake Just Listed – Charming 3 bedroom, 2 bath condo is beautifully updated. Level entry, corner unit located on a private treed setting. New hand-scraped hardwood floors throughout. Main floor bath totally remodeled. Master suite with full bath and deck with southwest exposure. Living room with fireplace. Covered deck with access to additional storage. Amenities include outdoor […]
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bellevue Somerset NW Contemporary   Beautifully updated Northwest Contemporary in sought after Somerset. Mountain and territorial views are framed by the tree lined private setting. 5 bedrooms and 3.5 baths including full guest quarters in daylight lower level with separate entrance. Light filled kitchen opens to family room with gas fireplace. Living room with vaulted wood wrapped ceilings. Deck […]
economy Seattle / Eastside Market Report – June 2018 Last month brought some long-awaited, positive news for buyers with May posting the most new listings in over a decade. Despite the uptick in inventory, most homes are selling in less than a month. Prices haven’t been impacted either, with the majority of the region continuing to experience double-digit home price increases. Eastside The median […]
listings Rare Rambler in Somerset Timeless style with the ease of one level living. Charm abounds in this beautifully-maintained rambler with vaulted ceilings and new hardwood floors. Living room with wall of windows to take in this park-like oasis with views of Lake Washington and Olympic mountains. Four bedrooms including private master suite with an abundance of closet space. Family […]
listings Mid Century Marvel First time on the market and in original condition, this mid-century marvel is not to be missed. Ideal floor plan with open concept living, dining and kitchen. Large picture windows with bright southwest exposure. Fantastic statement wall with three dimensional tile and fireplace. Warm wood wrapped ceilings. Room for everyone with three bedrooms plus bonus […]
bellevue Panoramic Views in Somerset We’re pleased to present this updated traditional home in Somerset.  The home boasts unobstructed panoramic view of Lake WA, the Olympics, Seattle and Bellevue skylines.  Walls of windows flood the home with natural light and maximize the view. Gorgeously landscaped yard with perennials and flowering shrubs welcome you to the front door.  Level entry with […]
economy How Tax Reform Affects Homeownership New tax legislation was signed into law at the end of 2017, and it included some significant changes for homeowners. These changes took effect in 2018 and do not influence your 2017 taxes.  Here’s a brief overview of this year’s tax changes and how they may affect you.  The amount of mortgage interest you can […]
real estate New Year’s Tips for Buying and Selling If your 2018 resolution is to buy or sell a home, here are some suggestions to help you along the way. For everyone else, we’ve added some tips about building equity and investing in updates to your home. Buying: If you’re in the market to buy your first home or if you’re upsizing/downsizing, here are […]
bellevue The Gardner Report – Second Quarter 2017 Economic Overview The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income […]
economy Seattle /Eastside Market Report – June 2017 The hottest real estate market in the country just keeps getting hotter. Despite a large number of new listings, home prices in the Puget Sound area continued to set records in May. According to a Seattle Times article, “For the first time since the 2007 housing bubble, every county in the central Puget Sound region […]
preparing your home At Home in the Outdoors More than 80 percent of Americans say they want an outdoor living space where they can relax and entertain. And it’s no wonder why. Outdoor spaces extend your livable space, add visual interest, and increase not only your quality of life, but also the overall value of your home. (In some cases, the increase in […]
bellevue Seattle / Eastside Market Report – May 2017 The local real estate market—already the hottest in the country—set yet another price record in April. The number of homes for sale dropped 27 percent compared to a year ago, the lowest amount of inventory ever recorded for a spring month. The historically low supply of homes is making competition among buyers fierce. Sellers are […]
bellevue Seattle / Eastside Market Update – March 2017 Home prices are growing faster in our region than anywhere else in the country. After a brief slowdown last month, home prices in February jumped to new record highs. The reason? The lowest number of homes for sale on record. The surge in prices came well ahead of the normal seasonal spring uptick, adding even […]
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