W Report W Report – June 2023 Local market update. High interest rates and scant inventory across King County are creating new dynamics for buyers and sellers alike. Both sides should be prepared to negotiate — buyers with more cash and sellers with accurate list prices.Find our full market recap here. News + trends. [THE STATE OF] REAL ESTATE Seattle approves new […]
Buying How to Pay for a House Buying a home is, for many people, the largest financial undertaking of their lives. So, how do the numbers work? How is the price of a property converted into a transaction? Let’s take a look at how to pay for a house by focusing on some of the major components in a real estate purchase, […]
Market News Would the FHFA Mortgage Fee Changes Have Favored Buyers with Low Credit Scores? The Federal Housing Finance Authority recently put a hold on raising upfront mortgage fees given pushback that suggested home buyers with good credit were being penalized. Windermere Chief Economist Matthew Gardner looks at Loan Level Price Adjustments (LLPAs) to explain why some headlines were misleading. This video on the proposed FHFA mortgage fee changes is […]
Design How Much Paint Do I Need? Indoor Paint Calculator Whether you’ve just bought a house or you’ve lived in your home sweet home for years, at some point its walls and surfaces will be due for a fresh coat of paint. Repainting can breathe new life into an interior and help you personalize the space, whether you’re working within the latest interior design trends or blazing […]
Selling How to Improve Your Curb Appeal When it comes time to sell your home, first impressions are crucial. Improving your curb appeal helps to make the most of a buyer’s first glance and sets the stage for their interest in purchasing your home. Working with your agent to identify projects that boost your curb appeal will go a long way towards selling your […]
Market News Q1 2023 Western Washington Real Estate Market Update The following analysis of select counties 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 housing market in your area, please don’t hesitate to contact your Windermere Real […]
Market News Mortgage Rate Predictions and Misconceptions The Federal Reserve Bank of New York just released their 2023 Housing Survey, which shows how the U.S. population feels about the housing market. Windermere Chief Economist Matthew Gardner digs into the mortgage rate predictions, showing how demographics played a role in the results. This video on mortgage rate predictions is the latest in our […]
Living What Are Energy Star Appliances? What would life be like without appliances? Our reliance on our dishwashers, laundry machines, etc. makes them an integral part of our homes. They keep the house clean and ensure that the well-oiled machine that is your home life continues to run smoothly. Fortunately, Energy Star appliances are more sustainable than others and can save you money […]
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Buying Buying a New Construction Home You’ve got several options to choose from when buying your next home. With existing homes, it’s in sellers’ best interest to spruce up their properties, so they’ll usually complete some kind of upgrades, curb appeal projects, and remodeling before hitting the market. A new construction home, however, has no previous owner; it comes brand new. […]
Market News Will Rising Foreclosures Impact the Housing Market? How will rising foreclosures impact the U.S. housing market? To give his answer, Windermere Chief Economist Matthew Gardner sheds light on the latest foreclosure data and shows how prepared home buyers are to manage their mortgage debt today compared to the 2000s. This video on foreclosures is the latest in our Monday with Matthew series […]
Design 5 Features of Mid-Century Modern Interior Design Few interior design styles have captivated our imaginations like mid-century modern. Though the mid-century modern movement began to impact design culture many decades ago, we still see its lasting impact today. This vintage style remains popular for homeowners everywhere and shows no signs of slowing down. To aid your home décor efforts, let’s dig a bit deeper into what […]
Selling Deciding to Sell Your Home Deciding when to sell your home can depend on a variety of factors. Perhaps your local market conditions are favorable to sellers, or you’ve recently changed jobs, or your family is growing and you need to upsize. Whatever the case may be, making the decision to sell your home is the first step in your selling journey. Deciding […]
Market News Renting vs. Buying a Home: The Financial Benefits of Homeownership This video is the latest in our Monday with Matthew series with Windermere Chief Economist Matthew Gardner. Each month, he analyzes the most up-to-date U.S. housing data to keep you well-informed about what’s going on in the real estate market.   Renting vs. Buying a Home One of my followers asked me about some of […]
Buying How to Reduce Your Interest Rate: Mortgage Buydowns This blog post contains contributions from Penrith Home Loans. When mortgage rates are up, prospective buyers can often feel like they’re at a disadvantage as they go about securing a home loan. Fortunately, there are ways to lower your interest rate to make your monthly mortgage payments more affordable. What are mortgage buydowns? A mortgage rate buydown […]
Market News Q4 2022 Western Washington Real Estate Market Update The following analysis of select counties 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 housing market in your area, please don’t hesitate to contact your Windermere Real […]
Market News 2023 Real Estate Forecast: Why This Market Won’t Be Like 2008 This video is the latest in our Monday with Matthew series with Windermere Chief Economist Matthew Gardner. Each month, he analyzes the most up-to-date U.S. housing data to keep you well-informed about what’s going on in the real estate market. Hello there, I’m Windermere’s Real Estate’s Chief Economist Matthew Gardner and welcome to the first episode […]
Living 7 Tips for Sustainable Living at Home There’s always room for improvement in a household’s quest to go green. From how you use your appliances to the way you consume and dispose of food, every lifestyle choice you make at home presents an opportunity to be more eco-friendly. Adopting more sustainable practices has obvious environmental benefits and helps to improve quality of life, but […]
Design What is Gothic Revival Architecture? If you’ve ever seen a home like the one in the photo above, certain words like “romantic” or “medieval” may have come to mind. The architectural style shown here is Gothic Revival, a unique branch of design that grew popular in the mid-19th century. Though it fell out of fashion shortly thereafter, this signature architectural style […]
Buying Real Estate Terminology: Contingent, Pending, Under Contract, and More Different real estate transactions have different conditions based on the status of the listing. The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to […]
Design Designing Your Rental To Feel Like Home When you own your living space, it’s natural to feel attached to every square inch. But for renters, creating that sense of ownership is a unique challenge. Whatever limitations you face as a renter in how you’re able to make alterations, it’s no less important to your home life for your space to convey a […]