WINDERMERE NORTH BLOG

Our 5 Favorite Things About the Mountlake Terrace Recreation Pavilion

Feb 9, 2017

Nestled between Terrace Park School and the Mountlake Terrace Off-Leash Dog Park, the Mountlake Terrace Recreation Pavilion (5303 228th Street SW, Mountlake Terrace, WA 98043) is an incredible multi-purpose facility packed with amenities to take advantage of! When we asked REALTOR® Brian Hayter what people in MLT like to do for fun, the Recreation Pavilion […]

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You Don’t Need Tulips for a Strong Home Sale

Dec 1, 2016

These graphs (click to view larger) above provide a 10-year history of the odds of selling in the month of October for both King and Snohomish Counties. As you can see, the odds of selling are at a 10-year high, hitting 86% in King and 85% in Snohomish. These are quite favorable odds for sellers […]

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Affordability: Commute Times & Interest Rates

Oct 31, 2016

These graphs illustrate the brass tacks of affordability between King and Snohomish Counties, measured by the average monthly payment. Most recently in September, the average monthly payment was 35% higher in King County compared to Snohomish County. What is fascinating, though, is comparing today’s average monthly payment to peak monthly payments back in 2007! In King County, monthly payments […]

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Market Update – Q3

Oct 18, 2016

Inventory levels providing more choices for buyers; is the market starting to stabilize? As we head into the fall and winter months after an incredibly eventful spring and summer, available inventory levels are starting to ease. It is still a seller’s market (3 months of inventory or less) in most areas, but one that is providing […]

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Interest Rates and Your Bottom Line

Sep 30, 2016

Wow, just wow! The interest rate levels that we have experienced in 2016 are seriously unbelievable. Currently we are hanging around 3.5% for a 30-year fixed conventional mortgage, almost a half a point down from a year ago. This is meaningful because the rule of thumb is that for every one-point increase in interest rate […]

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What is the State of the Condominium Market in the Greater Seattle Area?

Aug 25, 2016

We often speak about the Single Family Residential (SFR) market, but we thought it would be interesting to take a deep dive into the Condominium (condo) market in the Greater Seattle area. Condos can provide a more affordable option and have grown in popularity as SFR home prices have gone up.   Much like the SFR […]

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