*This post is written by our Preferred Lender* A Fed rate hike, hot wholesale inflation, weakening builder confidence, and signs of economic slowdown led to a volatile week in the markets. Here are the top headlines: Fed Rate Hike Largest Since 1994 Wholesale Inflation Declines Slightly But Remains Elevated Builder Confidence Weakens as Homebuyer Traffic …
After being named Zillow’s hottest housing market for early 2022, it’s no wonder that the town is now experiencing an avalanche of investor activity. The City of Woodinville has largely been successful in reinventing itself from a quiet drive-through suburb into a major tourist destination for the area, taking full advantage of its renowned wineries …
Woodinville Continues to Grow: Upcoming Developments Read More »
The following analysis of select counties of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner.
“How’s the market?” is the question we are always asked. Regardless if it’s with family and friends, or at our open houses – people want to know. Being a transitory time in the market: now more than ever, the answer to this question is both crucial and detailed. Currently, our market is experiencing a shift …
Perspective on the Current Shift in the Real Estate Market Read More »
Waiting to get an offer from someone who wants to buy your house can be emotionally draining. Receiving an offer can make you feel ecstatic, but that doesn’t necessarily mean that things will go smoothly. There are several reasons why the deal might fall through and you might be forced to put your house back …
Don’t Count Your Chickens Before They Hatch – How A Home Sale Can Go Sideways Read More »
So, you have just received an offer on the sale of your home – Congrats! Now what should you do? Deciding between offers on your home, especially when you’ve received multiple, can be confusing and stressful. You may be tempted to immediately sign the first or highest offer received, but there’s more to consider than …
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 …
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 …
Equity Is At An All-Time High – Align With Those Who Can Net You The Most Read More »
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 …
