The Gardner Report – Q3 2019
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...
Local Market Update – October 2019
While fall usually brings a decrease in sales activity, the opposite was true in September. The number of listings on the market dropped by double digits and home sales rose. It is still a seller’s...
Hottest Industries Emerging from PNW
According to GeekWire, “33 companies have joined the list and nearly a third of them sell business software, building on a strong local enterprise acumen buoyed by Microsoft’s longtime presence and...
Amazon Confirms Lease of New Bellevue Office Tower
Amazon has officially confirmed that the company will be leasing Summit III. This will be a 17-story office tower located at 320 108th Avenue NE in downtown Bellevue. Amazon’s lease will take more...
Mortgage Rates May Reach Record Low by Year’s End
By the end of this year, the 30-year fixed-rate mortgage could drop to 3.3%, which would put the most popular loan product near its lowest average since Freddie Mac began tracking such data 48 years...
Eastside Market Update – August 2019
EASTSIDE TALKING POINTS - AUGUST 2019Interest rates are at 3.62% vs. 4.55% from a year ago. A one percent change in interest rate is a 10% change in purchase price. Now is the time for buyers to take advantage...
Aggressive Expansions Fuel Seattle Office Market
The Puget Sound regional office market continues to tighten despite the number of active cranes. Second quarter reports from various commercial real estate brokerage houses reveal “aggressive expansions...