Market News 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 News Will millennials be ‘perma-renters’? Below is an article by Windermere's chief economist Matthew Gardner that originally appeared on Inman.com. He discusses millennials and the several factors have kept this generation renting, but they won't last forever. Takeaways: Many believe that millennials will continue to be renters and not homeowners for various reasons. The first of the millennials were not […]
Market News How Long Should They Last? Nothing in life lasts forever – and the same can be said for your home. From the roof to the furnace, every component of your home has a life span, so it’s a good idea to know approximately how many years of service you can expect from them. This information can help when buying or […]
Market News Homeownership Has Declined, But It Won’t Be Forever Below is an article from Windermere's Chief Economist Matthew Gardner. He shares his views of the declining homeownership, and why he believes it won't be a lasting trend. In addition to talking about housing bubbles, another topic that is becoming popular among housing scaremongers is the ongoing decline in the U.S. homeownership rate. Remarks range […]
Market News Local Market Update – July 2015 The housing market last month heated up significantly. Along with temperatures, the housing market sizzled in June. Continued low inventory coupled with ever-increasing demand pushed home prices in King County to an all-time high. The multiple offers and escalation clauses that have now become common make it a very hot market for sellers. Home prices […]
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