2022 Q1 Gardner Report
The following analysis of select counties of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner.
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Selling a Property with Tenants
How do I Sell a Rental Property with Tenants? When it’s time to sell your rental property, but it is currently occupied, there are two main ways you can handle this as a landlord: Waiting for the lease to expire before selling without renewal, or listing while your tenants are still living in the …
Equity Is At An All-Time High – Align With Those Who Can Net You The Most
2022 has had an unprecedentedly powerful start in Western Washington’s real estate market. In March, the average list-to-sale price ratio (the percentage a house sells for in comparison to the list price) was 113.6% in King County and in Snohomish County it was 112.5%. This is in tandem with year-over-year median price appreciation (the last …
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Approaching Rising Mortgage Rates as a Buyer
In just the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac surpassed 5%. Although this news may leave you questioning the current timing of your home search, the reality is, timing has never been more crucial. Even though you may be attracted to the idea of putting your plans on hold …