Category: How’s the Market?

Seattle Home Prices Up 12 Percent in 2017

Seattle Home Prices Up 12 Percent in 2017

According to this article on Northwest Public Radio (nwpr.org), Seattle Tops Real Estate Market For Price Increases, the Pacific Northwest continues to outpace the rest of the country in price appreciation. Seattle tops the list, with the average home appreciating an average of $48,000 over the past year, all while the number of homes ...

Continue Reading
Hottest Housing Market for 12 Months

Hottest Housing Market for 12 Months

According to the Case-Shiller home-price index, as reported in an article on SeattleTimes.com, Seattle home prices have jumped 80 percent since the market bottomed out in 2012 and we’re now seeing the median home prices hit a level that is 20 percent higher than we experienced at the last market peak in 2007/2008. Our city has remained the ...

Continue Reading
Is the Market Slowing?

Is the Market Slowing?

September had 1.7 months of inventory available, as reported by SeattlePI.com in this article, which tied February for the most homes available for sale this year. And while some may think that this increase – combined with a slight decrease in the median sales price of homes in the area to $565,000 – might look like a market ...

Continue Reading
Seattle is Still the Hottest Housing Market

Seattle is Still the Hottest Housing Market

According to this article posted on Business Insider, Seattle is still far and away the Nation’s hottest housing market, with home prices increasing an average of 13.5% over the last 12 months – which is much higher than the National average of a 5.9% increase. And while this is not exactly news to most of us who own property in ...

Continue Reading
The Cost of New Construction

The Cost of New Construction

In this new video, Windermere’s Chief Economist, Matthew Gardner, explains why there isn’t more home building taking place to help satiate buyer demand. His three main reasons boil down to the cost of land, labor, and material costs – which make it expensive to build a home. In response, our Acquisitions Broker, Dan ...

Continue Reading
Sign Up for Our Weekly Updates

Sign Up for Our Weekly Updates

If you aren’t already signed up to receive weekly updates from our team, what are you waiting for?! These emails include all of our new listings, pending sales and closed transactions; plus the occasional market update. We never share our subscriber information and you’ll only receive one email from us a week. Register below and ...

Continue Reading
August Sets Another Record

August Sets Another Record

An article by Mike Rosenberg posted on SeattleTimes.com, titled “King County home prices surge 18 percent, most on record for this time of year“, suggests that Seattle’s housing market didn’t experience the typical summer slow down we tend to see in August. The median price of single-family homes in King County ...

Continue Reading
Sold in Bothell

Sold in Bothell

We cannot be more excited for our first-time home buyers who just closed on this great split-level home in Bothell. The home has 3 bedrooms, 1.5 bathrooms plus a spacious yard that backs up to a public park – which is most certainly the highlight for the couple’s energetic dog! Our team took the time to explain current market ...

Continue Reading
How to Achieve Balance in Today’s Market

How to Achieve Balance in Today’s Market

In this new video from Matthew Gardner, Windermere’s Chief Economist, he explains why we are experiencing low inventory in markets like Seattle and how the market can re-balance itself. (Hint: It involves building more homes.) If you have any questions about the information provided here, or are thinking about selling your Seattle home, ...

Continue Reading
Seattle Sellers Enjoying a Significant ROI

Seattle Sellers Enjoying a Significant ROI

A new article published by GeekWire.com yesterday showcases data from Zillow suggesting that Seattle sellers who lived in their home for 9 years and and sold in 2016 enjoyed an average return of 53.1% (or $185,000) on their investment. Seattle sellers are in good company on this list, with homeowners in Oakland and Portland seeing even higher ...

Continue Reading
Top of Page