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...
Local market update – august 2020
While the pace of daily life may seem slow right now, the local real estate market has had an unusually busy summer. The number of new listings in July was up, sales increased, and home prices followed...
seattle suburbs see home prices soar in ‘fear-of-missing-out’ market
Single-family home prices in the central Puget Sound regions shot up in July but stronger jumps were seen in more remote locations. Median sale prices increased by 27% in Lewis County while Kittitas and...
The Gardner Report – Q2 2020
THE GARDNER REPORT – SECOND QUARTER 2020JULY 21, 2020[THE STATE OF] REAL ESTATELOCAL ECONOMYThe following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief...
Home market back to life this summer
In early April, the number of new listings dropped 46 percent in comparison to April 2019. At the start of COVID, the market was hurting as buyers decided to put the buying process on hold. According to NWMLS...
Local Market Update – June/July 2020
While the pandemic continues on, real estate has recovered to 2019 levels. Number of pending sales represent current activity and are a good forward indicator.April 2020 vs. April 2019 - down 52% or 480...