Local Market Update – November 2020
The number of people who can work remotely may be changing the way we view our homes, but one trend has not changed. The local housing market in October remained unseasonably hot. And that doesn’t show...
The Gardner Report – Third Quarter 2020
REGIONAL ECONOMIC OVERVIEWEmployment numbers in Western Washington continue to improve following the massive decline caused by COVID-19. For perspective, the area shed more than 373,000 jobs between February...
New Pandemic Work Trends could be a Boon to Seattle
For years, businesses have worked hard to snag coveted office space in downtown Seattle. There are many benefits to being close to the action in this bustling city, but they often come with trade-offs like...
Local Market Update – October 2020
While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices...
Crane Count: Seattle Pulls back into the Lead
That’s right! Seattle is back on top of the city high-rise development list (out of 14 top producing markets) with a survey-leading of 43 construction cranes. Many are surprised to see this increase with...
Bellevue Weathers the Pandemic with a Bright Outlook for the Future
A challenging situation for most people, businesses and cities alike, COVID-19 hasn’t shaken Bellevue as the city gears up for what appears to be a booming future. While Seattle has reeled from the lack...
Local Market Update – August 2020 Talking Points
July was competitive for buyers (42% multiple offers, 69% selling in two weeks or less) and busier than the prior year (pending sales for July were up 16%) as expected.57% of listings entered in the last three...
Seattle-area home prices rise faster than nearly every other U.S. city
“For the fifth month in a row, home prices in the Seattle area rose faster in June – 6.5%, year-over-year – than any of the nation’s other top 18 metro areas,” according to the...