WINDERMERE NORTH BLOG

QUARTERLY REPORTS Q2 2023

Jul 17, 2023

The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]

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2023 Market Predictions, Fact Checked.

Jun 27, 2023

One of the reasons why we are fortunate to have Matthew Gardener as our Chief Economist at Windermere is his transparency. Every year, Matthew makes predictions for the coming year based on his monumental research and years of experience. Just this week, he reviewed his 2023 predictions and recorded the video below. Most of his […]

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Let’s Dance! Prices Stabilize & Even Grow Amidst a Chaotic Interest Rate Market

Jun 7, 2023

If we let the media determine the mood regarding the housing market, it would be time to shut the party down and call it a night. I’m here to report that we are still dancing and there is a lot to celebrate! While it is not all shiny and bright (it never is), there is a pattern […]

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A Busy Legislative Session for Housing: 10 Bills Passed That Will Affect Housing in Our State

May 17, 2023

On April 23rd the Washington State Legislature adjourned after passing 10 new bills that will affect housing. Some of the bills are geared toward creating more transparency around brokerage transactions, some are intended to institute more opportunities for building density to provide more affordable housing, and some are more regulatory to help guide and ease […]

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Understanding the Difference Between Long-Term & Short-Term Interest Rates

Apr 25, 2023

It is very important that consumers understand the difference between long-term interest rates and short-term interest rates. Long-term rates involve home mortgages such a conventional 30-year fixed, Jumbo, FHA, and VA loans. Short-term rates involve car loans, credit cards, and Home Equity Lines of Credit (HELOCs). While both types of rates have gone up over the course of […]

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Exploring Lynnwood: Community Events

Apr 21, 2023

From lively festivals to engaging cultural celebrations, Lynnwood offers a wide range of events that bring the community together and foster a sense of camaraderie among residents and visitors alike. Whether you’re looking to sample local cuisine, enjoy live music, or learn about the area’s rich history and culture, there’s something for everyone in Lynnwood’s […]

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