*This post is written by our Preferred Lender* A Fed rate hike, hot wholesale inflation, weakening builder confidence, and signs of economic slowdown led to a volatile week in the markets. Here are the top headlines: Fed Rate Hike Largest Since 1994 Wholesale Inflation Declines Slightly But Remains Elevated Builder Confidence Weakens as Homebuyer Traffic …
After being named Zillow’s hottest housing market for early 2022, it’s no wonder that the town is now experiencing an avalanche of investor activity. The City of Woodinville has largely been successful in reinventing itself from a quiet drive-through suburb into a major tourist destination for the area, taking full advantage of its renowned wineries …
Woodinville Continues to Grow: Upcoming Developments Read More »
The following analysis of select counties of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner.
*This post is written by our Preferred Lender* Consumer inflation reached a 41-year high in May while annual home price appreciation tied another record high in April. Here are the key headlines: -Consumer Inflation Hits Highest Level Since 1981 -Majority of Top Economists Do Not Believe We’re in a Housing Bubble-Annual Home Price Appreciation Ties …
“How’s the market?” is the question we are always asked. Regardless if it’s with family and friends, or at our open houses – people want to know. Being a transitory time in the market: now more than ever, the answer to this question is both crucial and detailed. Currently, our market is experiencing a shift …
Perspective on the Current Shift in the Real Estate Market Read More »
The 2022 real estate market started in a sprint! We started this year with the lowest amount of available inventory this market has ever experienced coupled with mortgage interest rates a full point lower than they are now, a robust buyer pool due to a strong job market and work-from-home influenced moves, and the …
In just the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac surpassed 5%. Although this news may leave you questioning the current timing of your home search, the reality is, timing has never been more crucial. Even though you may be attracted to the idea of putting your plans on hold …
