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Uncategorized Safe Holiday Events Around Seattle Have some holiday cheer, 2020 style! While traditional gatherings may be off the table, you can still make the most of the season with a new take on these favorite local events. Safety is foremost with virtual platforms or a combo of social distancing & mask protocols. Just be sure to reserve your tickets early […]
Uncategorized Give Back This Season   In his poem, When Giving Is All We Have, Alberto Álvaro Ríos wrote, “We give because someone gave to us. We give because nobody gave to us. We give because giving has changed us. We give because giving could have changed us.” With need especially keen this year during the pandemic, many of us […]
Uncategorized Q3 2020 Reports: Market Update   The volume of Q3 transactions made up for Q2’s fewer sales and then some. Truth be told, the market could have absorbed twice the number of transactions, if only there were more homes on the market to sell. Too few homes for sale is the defining character of the Q3 Seattle region real estate […]
Uncategorized Home Buying Trends Emerging from COVID-19 Coronavirus has made many of us rethink what is important to us…and our homes are no exception. According to the National Association of REALTORS® (NAR), the top feature desired by buyers is now a home office (or even more than one). 22% of buyers are less concerned about their commute, which means homes in affordable […]
Uncategorized Interest rates make a BIG difference when you buy…   You probably know that interest rates affect your monthly mortgage payments, but most of us aren’t aware of just how big an impact they really have on a home loan. Each 1% change in interest rate equates to roughly a 10% change in buying power. This means you can qualify for a much more […]
Uncategorized Q2 2020 Reports: Market Update   Q2 was a story of resilience for the Seattle market. It began with our region fully entrenched in a new normal amidst the COVID-19 pandemic, but ended with a strong seller’s market and historic low interest rates. Buyers have returned in droves to battle for the limited supply of homes for sale. With a […]
Uncategorized Payback times for energy-efficient home upgrades   Thinking of going green? Today’s technology offers a whole host of ways to boost your home’s efficiency, reduce your carbon footprint and lower your energy bills. Some upgrades can pay for themselves in a relatively short amount of time, while others with large price tags might take decades to start paying back. The good […]
Uncategorized Q1 2020 Reports: Market Update   As we are fully entrenched in a new normal amidst the COVID-19 pandemic, it is important to note that the Q1 stats you see are based on pre-coronavirus closed sales activity and therefore largely untouched by our current market reality.   While Q1 serves as a pre-coronavirus benchmark, Q2 and Q3 will more accurately […]
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Uncategorized Economic Insights from Matthew Gardner   As we all hunker down through these challenging times, it is comforting to remember that there will be light at the end of the tunnel. A voice of calm and reason in this time of uncertainty has been our Windermere Chief Economist, Matthew Gardner. While he is expecting an economic slowdown accompanied by a […]
Uncategorized 2020 Home Trends   With 2020 now in full swing, we’re seeing some clear shifts in how homes are being designed and decorated. Most notable for our area is the Modern Farmhouse trend with its juxtapositions of old & new, light & dark, and clean & rustic. Softer grey and lagom neutrals are here to stay, but are […]
Uncategorized Remodeling Cost vs. Value   Every year, Remodeling Magazine evaluates which projects bring the most return at resale in different markets around the country in their “Cost vs. Value” report. While returns have dipped nationwide due to growing costs and consumer anxiety, Seattle still saw better pay-off on remodeling than the national average. The chart below shows cost vs. […]
Uncategorized Annual Seattle-Eastside Real Estate Report: A Look Back at 2019   A strong local employment sector, very low mortgage interest rates, and the most balanced market we’ve seen in two decades each contributed to increased sales velocity in 2019.   While the number of homes for sale increased overall in 2019 as compared to 2018, the higher rate of sales throughout the year resulted in […]
Uncategorized 2019 Holiday Happenings in the Seattle Area Our Northwest holidays may be wet, but they’re still bright! Make the most of the season with Seattle favorites—such as dazzling light displays and the Parade of Boats—along with newer additions like the “Enchant” event with light mazes and ice skating inside T Mobile Park. Scroll down for all the details…   WildLights at Woodland […]
Uncategorized Give Back This Season   Looking to share your bounty this holiday season? Below are some of our favorite Seattle-area organizations who can use your time, household items, toys, and more to help improve the lives of homeless and low-income families in our area. You might also check out these tips on how to make the most of charitable […]
Uncategorized Q3 2019 Reports: Market Update   Q3 was the most stable and balanced market we have seen in years. With very low mortgage interest rates compelling buyers to act and fewer homes for sale than we saw last fall (when a flood of homes came to market), buyers and sellers are each finding their own place in a more equitable […]
Uncategorized Planning for the Life Expectancy of Your Home   Nothing in life lasts forever – and the same can be said for your home. From the roof to the furnace, every component of your home has a lifespan, so it’s a good idea to know approximately how many years of service you can expect from them. This information can help when buying or […]
Uncategorized Q2 2019 Reports: Market Update   Changes in the home lending environment drove down mortgage interest rates in Q2 to their lowest levels in years, giving buyers more buying power for their money and stimulating demand for available homes on the market.   The number of homes for sale is up markedly, especially in Seattle, as is the number of […]
Uncategorized New Real Estate Excise Tax (REET) Rate (eff. 1/1/20)   Now that Washington State Senate Bill 5998 has been signed into law, our local real estate excise tax—the tax paid when you sell a property—will be getting a facelift in 2020. The flat rate of the past will make way for a new tiered system which gives owners a tax cut on the first […]
Uncategorized Free Recycle & Shred Event May 18th   Hosted in our Parking Lot: 2737 77TH AVE SE MERCER ISLAND   Bring your recyclable items (working or not) to the event. All recycling services are free! We’re also sponsoring a Confidential Data Disposal truck for free, secure shredding of sensitive documents. Saturday, May 18th 9 am – 2 pm What we can recycle: […]
Uncategorized Q1 2019 Reports: How’s the Market?   Be forewarned, this quarter’s report looks somewhat dismal. There are two very relevant facts that should be taken into consideration when reviewing it. The first is that Q1 is nearly always the worst performing quarter of any year because the sales completed in Q1 typically went under contract between late November and the end […]