The Low Inventory Effect: Nationally & Close to Home

The video below from Matthew Gardner, Windermere’s Chief Economist, refers to the effects of constricted inventory levels on the national housing market in a higher interest rate environment. Review the localized numbers that I gathered that pertain to King and Snohomish Counties and then check out what he has to say about the national trends. […]
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Win-Win: How to Overcome Interest Rate Pressure with Creative Financing

Lately we have talked about life changes leading to real estate moves. Sometimes moves are brought on by joyful advancements in life and sometimes they are motivated by hardship. Then there are times when your actual house just doesn’t fit your life anymore and it is time for something different. Whatever might be calling someone to make […]
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Should You Stay or Should You Go? Interest Rates Limit Inventory and Stabilize Prices

There has always been a direct correlation between interest rates and home prices. The rule of thumb has always been when rates go up prices go down, and vice versa. This was temporarily proven true in the summer of 2022 when rates quickly rose by 2% (3.5%-5.5%) over 5 months. It created a price correction in the […]
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Clarity Through Chaos: Using the Data to Guide Decisions

I think we can all agree that we have been on a bit of a wild ride over the last 12 months in the real estate market. When the Fed decided to change its trajectory on interest rates in mid-2022, it created some chaos and confusion. When big changes happen, it is a natural reaction […]
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QUARTERLY REPORTS Q2 2023

The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]
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2023 Market Predictions, Fact Checked.

Matthew Gardner, Windermere’s Chief Economist, is a valued asset to our organization and our clients. One of the reasons why we are fortunate to have him is his transparency. Every year, Matthew makes predictions for the coming year based on his extensive research and years of experience. Just this week, he reviewed his 2023 predictions […]
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