Market Updates There’s No Need To Panic About Rising Interest Rates This article originally appeared on Inman.com    After seven years of some of the lowest interest rates in recorded history, the Federal Reserve has decided to raise the key Fed Funds Rate by 0.25 percent, which is causing some to be concerned that it will lead to a jump in mortgage rates and negatively impact the […]
Statistics The Gardner Report Third Quarter 2015 Economic Overview After a period of above-average growth, Washington State has seen a modest slowing in employment growth, but we continue to add jobs at a respectable rate. The State unemployment rate was measured at 5.3%, marginally above the national level, but it is trending in the right direction. Although growth continues to be uneven […]
For My Clients The Industry is Changing. Windermere Agents Stay Ahead. Last week, over 100 Windermere Real Estate agents gathered for a preventative education class from the legal experts of Demco Law Firm. Lars Neste and David Daniels proved again why Demco Law is an asset to Windermere brokers and their clients in this legal class focused on keeping everyone up-to-date on current real estate laws. […]
Community Halloween on the Eastside Believe it or not, it's almost the end of October! Haunted houses, hay rides, pumpkin patches, and even a special harvest market from the Bellevue Farmers Market are waiting for you in the days ahead. If you're looking for something to do on Halloween Day, make sure you check out the Halloween Market with the […]
Market Updates Local Market Update – October 2015 Strong sales continue to whittle down a dwindling supply of homes. The lack of supply to meet demand kept driving home prices upward in September. While the Puget Sound area saw steady appreciation over a year ago, there are signs that that the frenzied level of growth may be starting to moderate – good news […]
Tips for Buyers How Much Home Can You Afford? It's a great time to buy a home right now. With low rates and high home values, many are taking advantage of moving up. It's also a good time for first-time homebuyers to make their move since rent costs continue to increase. If you're ready to jump into the housing market, do you know how […]
Market Updates Local Market Update – September 2015 The real estate market traditionally cools off in the summer, but August saw a continuation of the market’s hot streak. Home prices increased by double digits over a year ago, fueled by strong demand and the lowest inventory in more than a decade. Rising prices are kindling hopes that more sellers will be willing to […]
Market Updates Confidence in the US Housing Market In July, the U.S. saw the fastest rate of single-family home starts since 2007. Housing starts across the U.S. in July rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said Tuesday. According to The Seattle Times, "construction of single-family homes account for all of the gains, shooting […]
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