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Market News

Your Queen Anne Market Report for June 2020

We’re almost back from the lag in activity that occurred in April. Prices are resuming their upward rise. Demand is very high and the Fed just declared that interest rates will remain low through 2022. To do that, the Fed is buying enormous amounts of Treasury bonds and mortgage -backed securities, among other things, to […]
Market News

Your Queen Anne Market Report for May 2020

What a roller coaster time we are in! Major events seem to be happening daily. In every spring market I have been in for years, May is usually the hottest month of the year ie., the most sales and multiple offers driving prices up. We were going gangbusters in February and before March 24 and […]
Market News

Are You A Homeowner Seeking Forbearance On Your Mortgage? Watch Out For These Red Flags.

Homeowners have access to assistance with their mortgage if they’ve encountered financial difficulties as a result of the coronavirus pandemic. Getty Images/iStockphoto These are the questions to ask if you apply for mortgage assistance Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or […]
Market News, Monday's with Matthew

Matthew Gardner Weekly COVID-19 Housing & Economic Update

Every Monday Windermere Chief Economist Matthew Gardner provides an update regarding the impact of COVID-19 on the US economy and housing market. Update #1 – 3/23/2020 Update #2 – 3/30/2020 This week he discusses what it really means for the economy and housing to be in a COVID-19 induced recession (hint: it’s not all bad […]

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Market News Your Queen Anne Market Report for June 2020 We’re almost back from the lag in activity that occurred in April. Prices are resuming their upward rise. Demand is very high and the Fed just declared that interest rates will remain low through 2022. To do that, the Fed is buying enormous amounts of Treasury bonds and mortgage -backed securities, among other things, to […]

Market News Your Queen Anne Market Report for May 2020 What a roller coaster time we are in! Major events seem to be happening daily. In every spring market I have been in for years, May is usually the hottest month of the year ie., the most sales and multiple offers driving prices up. We were going gangbusters in February and before March 24 and […]

Market News Are You A Homeowner Seeking Forbearance On Your Mortgage? Watch Out For These Red Flags. Homeowners have access to assistance with their mortgage if they’ve encountered financial difficulties as a result of the coronavirus pandemic. Getty Images/iStockphoto These are the questions to ask if you apply for mortgage assistance Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or […]

Market News Matthew Gardner Weekly COVID-19 Housing & Economic Update Every Monday Windermere Chief Economist Matthew Gardner provides an update regarding the impact of COVID-19 on the US economy and housing market. Update #1 – 3/23/2020 Update #2 – 3/30/2020 This week he discusses what it really means for the economy and housing to be in a COVID-19 induced recession (hint: it’s not all bad […]

Market News THE GARDNER REPORT – FIRST QUARTER 2020 The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please reach out. A MESSAGE FROM MATTHEW GARDNER Needless to say, […]

Market News Your Queen Anne Market Report for April 2020 Strange times. As I stated in last month’s newsletter, the real estate market was showing earlier than normal signs of a coming spring market that was going to be gangbusters. That was true until March 25 when non-essential services were ordered to stay at home. As a small personal example, I sold a home in […]

Market News Your Queen Anne Market Report for March 2020 “As the economic storm clouds on the horizon in early 2019 cleared up, we saw buyers return in droves, taking advantage of ultra-low mortgage rates,” said Zillow economist Jeff Tucker. “Our first look at 2020 data suggests that we could see the most competitive home shopping season in years, as buyers are already competing over […]

Market News Your Queen Anne Market Report for February 2020 Well we have gone from only 5 active listings last month to 15 currently. Looking at the last 30 days of sales on the Hill, it looks like we are going to have another great spring market due to how quickly new listings coming on the market have gone into escrow. We have had 10 […]

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Market News THE GARDNER REPORT – FOURTH QUARTER 2019 The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please reach out! ECONOMIC OVERVIEW Employment in Washington State continues to […]

Market News MATTHEW GARDNER – WILL THERE BE A RECESSION IN 2020? Windermere Chief Economist, Matthew Gardner, answers the most pressing question on everyone’s minds: Will there be a recession in 2020? Here’s what he expects to see.

Homeowner Your Queen Anne Market Report for January 2020 with 2019 Market Summary I hope you all had a wonderful Holiday season and were able to take a break from work for a few days to relax and re-group! Now, let’s jump right in and look at a summary of the homes sold on Queen Anne for 2019. This data comes from the NWMLS and does not include […]

Market News Matthew Gardner’s 2020 Mortgage Rate Forecast Each year Windermere’s Chief Economist, Matthew Gardner, forecasts into the next. Here’s what he expects for Mortgage Rates in 2020.

Market News Your Queen Anne Market Report for December 2019 First off, I hope you all had a wonderful Thanksgiving with friends and family! Now let’s leap into what has happened on the Hill since my last report: Sales during the Holidays and into January usually slow, but this year, at least in November, sales in King County are up 7% over this time last […]

Market News Queen Anne Market Report for November 2019 Are you being besieged by offers to purchase your home? I must get 4-6 postcards and letters a month to do just that. It makes me wonder if a national seminar rolled through the NW teaching people how-to low-ball owners on the value of their homes and then try to re-sell them for a profit. […]

Market News Q3 Market Report for Seattle

Buying Your Queen Anne Market Report for September You probably have felt it in the air over the last 90 days-home prices are coming down. Ah the good old days when a home would come onto the market and be sold in less than a week with multiple offers. Not happening now. Our Windermere economist is indicating that, on average, home prices are […]

Buying Your Queen Anne Market Report for August 2019 The only positive aspect of the current trade war that I can determine is that it is scaring investors into the bond market and consequently lowering yields and mortgage rates. The other “secure” investment, gold, has risen significantly and now has a market price of around $1500/ounce, up from $1250/ounce prior to about 90 days […]

Market News 2019 Q2 Residential Report for Seattle