Local Market Update – September 2020

August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish...

Kirkland Grows in Population, Housing, and Business

Across Lake Washington from Seattle, quiet Kirkland is in for a bustling future. Prior to the pandemic, the city was experiencing growth as it worked to accommodate 8,361 new housing units and 22,435 new jobs by 2035, averaging out to about 363 housing units and 975...

West Seattle Bridge Renderings Paint a Bright Future

They say when life gives you lemons, make lemonade. With the release of futuristic new renderings for the possible redesign of the West Seattle Bridge, this saying has never felt more appropriate. Ever since the closure of Seattle’s most-used bridge (shuttling over...

The Gardner Report – Q2 2020 Western Washington

The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the...

How Low Inventory is Influencing the Market

The local real estate market is recovering so well from the statewide shutdown that it may soon have a hard time keeping up with itself. While active listings are being snapped up by assertive buyers, new inventory is being added at a relative snail’s pace. May and...

Local Market Update – June 2020

As we move to the next phase of reopening, life feels like it’s slowly inching back towards normal. The same is true in real estate. Statistics on home sales in May provided the first true picture of the effects of COVID-19. Those reports confirmed the incredible...