Local Market Update – August 2018
For the first time in years, the real estate market is finally starting to deliver good news for buyers. The region experienced its third straight month of significant growth in inventory. Homes are...
Seattle housing market is under pressure as Chinese buying ‘dries up’
Over the last two years, Seattle has seen a large increase in both Chinese investors and families, directly impacting Seattle’s housing demand. Between August 2016 and now, home prices in Seattle have...
Housing crash a distant memory for Seattle homeowners
According to Zillow, NOW is the best time to sell in Seattle. Statistics show that 97 percent of homes today are worth more than the peak level during the housing market crash in 2008. “The median home...
The Gardner Report – Q2 2018
ECONOMIC OVERVIEWThe Washington State economy added 83,900 new jobs over the past 12 months, representing an annual growth rate of 2.5%. This is a slowdown from the last quarter, but employment growth remains...
Local Market Update – July 2018
July 2018 The local real estate market looks like it might finally be showing signs of softening, with inventory up and sales down. More sellers have opted to put their homes on the market. Inventory...
Down Payment Approaches $100K for Median Seattle Homebuyers
First-time homebuyers continue to have a hard time dealing with Seattle’s residential housing market. According to Zillow, “a 20 percent down payment for the median Seattle home in April was...
Microsoft’s New $250M Purchase
According to GeekWire, Microsoft spent close to $250M for a 725,000-square-foot office complex near the HQ campus. The complex was bought from the Daytona Laguna complex who purchased the campus two years ago...