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 […]

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 […]

If we let the media determine the mood regarding the housing market, it would be time to shut the party down and call it a night. I’m here to report that the celebration is far from over and there is still fun to be had! While it is not all shiny and bright (it never is), we […]

On April 23rd the Washington State Legislature adjourned after passing 10 new bills that will affect housing. Some of the bills are geared toward creating more transparency around brokerage transactions, some are intended to institute more opportunities for building density to provide more affordable housing, and some are more regulatory to help guide and ease […]

It is very important that consumers understand the difference between long-term interest rates and short-term interest rates. Long-term rates involve home mortgages such a conventional 30-year fixed, Jumbo, FHA, and VA loans. Short-term rates involve car loans, credit cards, and Home Equity Lines of Credit (HELOCs). While both types of rates have gone up over the course of […]

We are seeing signs of price stabilization and some growth after the market correction of 2022! Illustrated on the front is the up-down-up trajectory that home prices have experienced over the last year. While we are in the midst of measuring the negative difference from the peak prices of the first half of 2022 to […]