Local Real Estate News

Buying a Home, Local Real Estate News

Local Listing Inventory is on the Upswing

It’s been a frenetic year-and-a-half for the real estate market, particularly in Seattle and on the Eastside. Even as the state fully reopens and the number of new listings increases, demand for housing across King, Snohomish and Pierce counties remains insatiable, continuing to drive up prices. The most recent report from the NWMLS does offer […]
Local Real Estate News, The Gardner Report

Matthew Gardner on Post-Pandemic Recovery

The “demise of downtown” has been greatly exaggerated, according to Windermere’s Chief Economist, Matthew Gardner. That’s one assessment Gardner made recently, along with other observations about the current housing and job markets in the Seattle area. According to Gardner, those who keep tabs on the real estate market should be careful about reading too much […]
Local Real Estate News

How Architects are Designing Offices in the Pandemic

COVID-19 has changed just about every facet of life — and that includes the very architecture that surrounds us. As remote work and virtual gatherings have become the norm, architects and designers are reevaluating the ways in which they design communal spaces. In particular, offices have proven challenging as architecture firms address questions like which […]
Local Real Estate News

Google Continues to Invest in Kirkland

With the recent news that Seattle is the national leader in big tech office leases, it’s no wonder that Kirkland continues to be a prime spot for investment from Google. Google recently announced that it plans to invest more than $7 billion in offices and data centers around the U.S., including the continuing construction of […]

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Buying a Home Local Listing Inventory is on the Upswing It’s been a frenetic year-and-a-half for the real estate market, particularly in Seattle and on the Eastside. Even as the state fully reopens and the number of new listings increases, demand for housing across King, Snohomish and Pierce counties remains insatiable, continuing to drive up prices. The most recent report from the NWMLS does offer […]

Local Real Estate News Matthew Gardner on Post-Pandemic Recovery The “demise of downtown” has been greatly exaggerated, according to Windermere’s Chief Economist, Matthew Gardner. That’s one assessment Gardner made recently, along with other observations about the current housing and job markets in the Seattle area. According to Gardner, those who keep tabs on the real estate market should be careful about reading too much […]

Local Real Estate News How Architects are Designing Offices in the Pandemic COVID-19 has changed just about every facet of life — and that includes the very architecture that surrounds us. As remote work and virtual gatherings have become the norm, architects and designers are reevaluating the ways in which they design communal spaces. In particular, offices have proven challenging as architecture firms address questions like which […]

Local Real Estate News Google Continues to Invest in Kirkland With the recent news that Seattle is the national leader in big tech office leases, it’s no wonder that Kirkland continues to be a prime spot for investment from Google. Google recently announced that it plans to invest more than $7 billion in offices and data centers around the U.S., including the continuing construction of […]

Local Real Estate News Seattle Experiences Second Highest Home Price Rise in the Nation Across the nation, the coronavirus pandemic changed the way industries and individuals conducted their daily lives. In particular, the real estate market in Seattle overcame an initial slump at the onset of the pandemic, ultimately bouncing back to become one of the hottest markets in the nation. Since 2019, home prices in our area have […]

Local Real Estate News New Bellevue Projects Promise a Busy Future It appears bustling Bellevue has an ever-busier future on the horizon. Already the site of a growing Amazon presence outside of Seattle, the city now has quite a few significant construction projects in the works, including new office space, residential towers and a huge mixed-use project. Set among Amazon’s leased office buildings, a new luxury […]

Local Real Estate News Matthew Gardner’s 2021 Housing Forecast Every Monday since the start of the pandemic, Windermere’s Chief Economist, Matthew Gardner, has provided insights into the current state of the housing market through his video series “Mondays with Matthew.” Gardner’s latest release represents the last of his videos for 2020, while offering his 2021 forecast in the US housing market. Throughout 2020, […]

Local Real Estate News Kirkland Grows in Population, Housing, and Business Across Lake Washington from Seattle, quiet Kirkland is in for a bustling future. Prior to the pandemic, the city was experiencing growth as it worked to accommodate 8,361 new housing units and 22,435 new jobs by 2035, averaging out to about 363 housing units and 975 jobs per year. Even with the pandemic in […]

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Local Market Update Local Market Update – September 2020 August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes. […]

Buying a Home Local Market Update – August 2020 While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]

Local Market Update The Gardner Report – Q2 2020 Western Washington 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 don’t hesitate to contact your Windermere agent. REGIONAL […]

Local Market Update Local Market Update – July 2020 While our lives are very different than they were a year ago, the local real estate market has recovered to 2019 levels. Record low interest rates are helping spur demand. Sales were up, home prices increased and multiple offers were common. The number of pending sales, a measure of current demand, was higher in June […]

Local Real Estate News Reopening Real Estate, the Right Way. As King County enters Phase 2 of reopening, residential real estate services providers must follow a strict set of rules. These control how brokers may conduct business inside and outside their offices and homes for sale (listings). Windermere has developed protocols for reopening that meet or exceed all of the state requirements. From the […]

Local Market Update Local Market Update – June 2020 As we move to the next phase of reopening, life feels like it’s slowly inching back towards normal. The same is true in real estate. Statistics on home sales in May provided the first true picture of the effects of COVID-19. Those reports confirmed the incredible strength and stability of the local real estate […]

Local Market Update Windermere Insights: How COVID-19 is Really Impacting Local Real Estate The challenges presented by COVID-19 have been felt locally by every home buyer, seller and real estate broker. Residential real estate, which was moving at breakneck speed through February, came to a screeching halt for two weeks in March after the initial Stay Home order was implemented. As soon as Governor Inslee declared real […]

For Your Home 6 Home Improvement Projects to Tackle if You’re Stuck at Home Social Distancing Spring has sprung in Seattle — and so has the coronavirus (the cause of the illness called COVID-19). If working from home and practicing social distancing has left you feeling stuck and uninspired, consider rolling up your sleeves and tackling a home improvement project or two. From the simplest updates to sensational additions, these projects […]

Local Real Estate News Seattle Home Sellers See Some of the Highest ROI in the Nation As the housing boom continued to roar across the country and home prices soared in 2019, median home sales profits and returns-on-investment (ROI) achieved record highs, according to an annual year-end report from ATTOM Data Solutions. Western states and metropolitan areas, especially those on the coast, continue to reap the highest returns on home […]

Buying a Home Local Builder Brings New Townhome Communities to Bellevue & Kirkland Bellevue-based builder Quadrant Homes has introduced two new communities in Kirkland’s Totem Lake neighborhood and Bellevue’s Spring District. Featuring rooftop entertainment spaces, plenty of windows for natural light, and the latest home tech (including electric vehicle charging and whole-home voice control), these exciting new communities are sure to satisfy buyers. Minutes from The Village […]