WINDERMERE NORTH BLOG

North Snohomish County Quarterly Market Trends – Q2 2020

The real estate market performed very well in the second quarter despite the changing and challenging environment due to the COVID-19 health crisis. Our industry has been considered essential and required to operate with strict protocols in place to help protect the safety of buyers, sellers, brokers, and service providers. The ability to still do business helped […]
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Currently Gathered Micro-Data Illustrating Summer is the New Spring Market

  Since the onset of the COVID-19 pandemic reaching our region, I quickly shifted to updating you more frequently with information to help you stay informed on the real estate market. Since mid-March, I have been committed to gathering high-frequency data (micro-data) to help illustrate “Where We Are Now” and have provided this newsletter bi-monthly vs. monthly. […]
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Real Estate in Phase 2

As we transition into Phase 2 in our region, we have been allowed to expand our activities to best serve our clients in the safest way possible.     Our office has re-opened: 9am-3pm daily. All in-person activities are by-appointment only. This includes showing homes and meeting at the office. Real Estate Brokers and industry […]
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What is Happening with Home Prices?

What is Happening with Home Prices? It is without question we are living in one of the most unique times in all of our lives. Who would have thought we’d experience living life during a global pandemic? Beyond staying safe, adjusting daily habits, and navigating a changing economy, I’ve kept a very close eye on […]
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Will COVID-19 Impact Where People Want to Live?

Will COVID-19 Impact Where People Want to Live?   Recently, Matthew Gardner, Windermere’s Chief Economist released a video about the effects COVID-19 is having and/or could have on consumer tendencies in real estate. There seems to be quite the paradigm shift happening due to health reasons, appreciating simpler schedules, and the new phenomenon of many people working from home. Along with […]
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Are we keeping pace with 2019: A Look at Weekly Sales Activity Amid the Stay at Home Orders

There have been a lot of questions that I have encountered about the stability of the housing market due to the global health crisis of COVID-19. I have kept close track of the statistics and daily activity in our market in order to help keep my clients well informed. Inventory levels remain very tight and buyer demand […]
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Are we Headed Towards a Repeat of the 2008 Housing Meltdown?

Are we Headed Towards a Repeat of the 2008 Housing Meltdown? The pressure the COVID-19 global pandemic is putting on the economy is a reality. As a real estate broker, I take great pride in having the honor of being your trusted advisor when it comes to your investment in the housing market and protecting […]
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South King County Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market and […]
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Eastside Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market and […]
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Seattle Metro Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market and […]
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North King County Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market and […]
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South Snohomish County Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market […]
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North Snohomish County Quarterly Market Trends – Q1 2020

As we head into the second quarter amid the COVID-19 outbreak, new real estate listings and transactions have slowed after a strong first quarter. What would typically be the seasonally brisk Spring Market has tempered in respect of the Stay Home, Stay Healthy order.   During this time, some sellers are still coming to market and […]
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Shred Event Postponed & COVID-19 Update

Due to the Stay Home, Stay Healthy orders being extended through May 4th, our annual Shred Event & Food Drive has been postponed to July 18, the first Saturday after the new income tax filing deadline. The safety of the attendees, our agents, staff and the public at large is our highest priority. We sincerely […]
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COVID-19 & the Real Estate Market: Real Time Numbers from the Front Lines – Where are we now?

I hope this newsletter finds you and yours feeling well and making the best of the Stay Home, Stay Healthy order. It has been my goal as we navigate the COVID-19 pandemic to help keep my clients informed on how this is affecting real estate. I have received many inquiries asking about how the real […]
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Stay Home, Stay Healthy: The Impact on Real Estate

      On March 28, 2020, Washington State Governor Jay Inslee amended his statewide “Stay Home, Stay Healthy” order to allow certain real estate activities to operate in the coming weeks. It’s important to understand that this change does not mean that real estate is returning to business as usual. Rather, there are strict […]
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Monthly Newsletter: March 2020 – COVID-19 & the Real Estate Market: Real Time Numbers from the Front Lines

Things are changing rapidly these days, and if I had a dollar for how many times I have said “one day-at-a-time” over the last two weeks, I’d have a nice stack of cash. There are lots of questions swirling about simple everyday life and big life decisions like buying and selling real estate. I’m a […]
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Monthly Newsletter – February: Interest Rates Bottom Out, Sparking High Buyer Demand

Most recently, we have experienced an uptick in market activity. In fact, King County saw a 35% increase in pending sales from December to January, and Snohomish County 38%. The seasonal uptick from the holidays to the New Year is normal, but it was quite sizable. This is reinforced by a 6% increase in pending […]
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Monthly Newsletter – January 2020: Top 12 Takeaways from Matthew Gardner for 2020, A Macro-to-Micro Look at the Economy & Housing Market

Last week, I had the pleasure of attending our office’s 11th Annual Matthew Gardner Economic Forecast Event.  At this event, Matthew gives the crowd a review of the previous year and forecasts trends for the economy and housing market for the next year and beyond.  Below are my Top 12 Takeaways worth noting as you […]
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South King County Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 9% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 7% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
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Eastside Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 17% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 17% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. […]
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Seattle Metro Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 6% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 26% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
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North King County Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 8% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 29% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer […]
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North Snohomish County Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 9% more new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced this jump in inventory with a 24% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019 which illustrates strong […]
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South Snohomish County Quarterly Market Trends – Q4 2019

In the fourth quarter of 2019, there were 5% fewer new listings that came to the market compared to the fourth quarter of 2018, but pending sales outpaced inventory levels with a 5% increase in sales activity. The trend of pending sales outpacing new listings rang true throughout all of 2019, which illustrates strong buyer demand. This […]
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Monthly Newsletter – December 2019: Year In Review

2019 was a return to normalcy in the real estate market. After a volatile 2018 which encountered a sharp mid-year shift from an extreme seller’s market, 2019 had a more normal pace of seasonality and selection. After four to five years of multiple offers, week-long market times, waived inspections, and huge price escalations, we’ve now experienced a […]
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Celebrating New Year’s Eve off the Beaten Path

Because big parties with crowds, expensive cocktails, and massive fireworks shows aren’t the only way to ring in the new year.   The holiday season is in full swing, and the year (and the decade!) is almost over. If a big party is not your scene, you’re not alone. Some of the most fun and […]
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