Windermere Greenwood Archives - Windermere Greenwood

Help Homeless Youth Stay Warm this Winter

 

Windermere and the Seattle Seahawks have come together for another season to help #Tacklehomelessness in our community.

 

As part of that campaign, Windermere is hosting a “We’ve Got You Covered” winter drive for YouthCare, a non-profit that provides support and services to homeless youth throughout the Puget Sound area.

 

We are collecting NEW hats, scarves, gloves/mittens, and warm socks.

 

From October 15 through November 9, you can drop off donations to participating Windermere offices in King and Snohomish Counties**. Our friends at Gentle Giant Moving Company are generously donating their time and trucks to pick up all of the donations from our offices. Donations can also be dropped off directly to YouthCare, Monday through Friday from 9am-5pm, at 2500 NE 54th St, Seattle, WA 98105.

 

Each night, over 1,500 young people are homeless in King County. Please help them stay warm during the cold winter months by dropping off your donations to our participating offices.

 

Feel free to contact your Windermere agent or local office for more information, or email justask@windermere.com.

 

       

 

**Windermere Winter Drive Drop-Off Locations

Bellevue

Bellevue Commons

Bellevue South

Bellevue West

Kirkland Central

Kirkland Yarrow Bay

Lynnwood

Mercer Island

Property Management – Bellevue

Propery Management – Edmonds

Property Management – Seattle North

Property Management – South

Redmond

Seattle-Ballard

Seattle-Eastlake

Seattle-Greenwood

Seattle-Madison Park

Seattle-Magnolia

Seattle-Mount Baker

Seattle-Northgate

Seattle-Northwest

Seattle-Queen Anne

Seattle-Sand Point

Seattle-Wall Street

Seattle-Wedgwood

Seattle-West Seattle

Services Company

Shoreline

Woodinville

Posted on October 17, 2018 at 4:23 pm
Windermere Greenwood | Category: Windermere Greenwood

Fall & Winter in the Garden

Posted on October 12, 2018 at 6:36 pm
Windermere Greenwood | Category: Windermere Greenwood

Pumpkin Patches in King, Pierce & Snohomish Counties

Posted on September 19, 2018 at 5:33 pm
Windermere Greenwood | Category: Windermere Greenwood

The Seahawks and Windermere Return for Another Season to #TackleHomelessness

All of us at Windermere are very excited to kick-off our third season as the Official Real Estate Company of the Seattle Seahawks!

Once again, our #tacklehomelessness campaign is front-and-center, with the Windermere Foundation donating $100 for every Seahawks home-game defensive tackle to YouthCare, a Seattle-based non-profit organization that has been providing services and support to homeless youth for more than 40 years. During the past two seasons, the Seahawks have helped us raise $66,800 through our #tacklehomelessness campaign, and this year we are looking forward to raising even more money – and awareness – for this important cause.

Our partnership with the Seahawks and YouthCare fits perfectly with the mission of the Windermere Foundation which is to support low-income and homeless families in the communities where we have offices. Through the #tacklehomelessness campaign, we hope to be able to do even more.

A “scorecard” will be posted after each home game with an update on how much we’ve raised. You can follow our progress throughout the Seahawks season on our Facebook page at Facebook.com/WindermereRealEstateand on Instagram at https://www.instagram.com/windermere/.

Posted on September 10, 2018 at 7:06 pm
Windermere Greenwood | Category: Windermere Greenwood

Husky & Cougar Football Schedules

Posted on August 22, 2018 at 6:49 pm
Windermere Greenwood | Category: Windermere Greenwood

Preparing Your Home for Fall

Posted on August 22, 2018 at 6:48 pm
Windermere Greenwood | Category: Windermere Greenwood

The Gardner Report | Q2 2018

 

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 better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Agent. 

 

ECONOMIC OVERVIEW

The 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 well above the national rate of 1.6%. Employment gains continue to be robust in the private sector, which was up by 2.8%. The public sector (government) grew by a more modest 1.1%.

The strongest growth sectors were Retail Trade and Construction, which both rose by 4.8%. Significant growth was also seen in the Education & Health Services and Information sectors, which rose by 3.9% and 3.4%, respectively.

The State’s unemployment rate was 4.7%, down from 4.8% a year ago. Washington State will continue adding jobs for the balance of the year and I anticipate total job growth for 2018 will be around 80,000, representing a total employment growth rate of 2.4%.

 

HOME SALES ACTIVITY

  • There were 23,209 home sales during the second quarter of 2018. This is a drop of 2.3% compared to the same period a year ago
  • Clallam County saw sales rise the fastest relative to the same period a year ago, with an increase of 12.6%. Jefferson County also saw significant gains in sales at 11.1%.
  • The number of homes for sale last quarter was down by a nominal 0.3% when compared to the second quarter of 2017, but up by 66% when compared to the first quarter of this year. Much has been mentioned regarding the growth in listings, but it was not region-wide. King County saw a massive 31.7% increase in inventory, though all but three of the other counties covered in this report saw the number of listings drop compared to a year ago.
  • The takeaway from this data is that while some counties are seeing growth in listings — which will translate into sales down the road — the market is still out of balance.

 

HOME PRICES

  • As inventory is still fairly scarce, growth in home prices continues to trend well above the long-term average. Prices in Western Washington rose 12.2% over last year to $526,398.
  • Home prices continue to trend higher across Western Washington, but the pace of growth has started to slow. This should please would-be buyers. The spring market came late but inventory growth in the expensive King County market will give buyers more choices and likely lead to a slowing down of price growth as bidding wars continue to taper.
  • When compared to the same period a year ago, price growth was strongest in Mason County, which was up 17.4%. Eleven other counties experienced double-digit price growth.
  • Mortgage rates, which had been rising significantly since the start of the year, have leveled off over the past month. I believe rising rates are likely the reason that inventory levels are rising, as would-be sellers believe that this could be the right time to cash out. That said, the slowing in rate increases has led buyers to believe that rates will not jump soon, which gives them a little more breathing room. I do not expect to see any possible slowdown in demand until mortgage rates breach the 5% mark.

 

 

DAYS ON MARKET

  • The average number of days it took to sell a home dropped by seven days compared to the same quarter of 2017.
  • King County continues to be the tightest market in Western Washington, with homes taking an average of only 13 days to sell. Every county in the region other than Clallam saw the length of time it took to sell a home drop when compared to the same period a year ago.
  • Across the entire region, it took an average of 41 days to sell a home in the second quarter of this year. This is down from 48 days in the second quarter of 2017 and down by 20 days when compared to the first quarter of 2018.
  • Across the entire region, it took an average of 41 days to sell a home in the second quarter of this year. This is down from 48 days in the second quarter of 2017 and down by 20 days when compared to the first quarter of 2018.

 

 

CONCLUSIONS

This speedometer reflects the state of the region’s
real estate market using housing inventory, price
gains, home sales, interest rates, and larger economic factors. For the second quarter of 2018, I have moved the needle very slightly towards buyers, but it remains firmly a seller’s market. This shift is a function of price growth tapering very slightly, as well as the expectation that we should see more homes come on the market as we move through the balance of the year.

 

Mr. Gardner is the Chief Economist for Windermere Real Estate, specializing in residential market analysis, commercial/industrial market analysis, financial analysis, and land use and regional economics. He is the former Principal of Gardner Economics, and has more than 30 years of professional experience both in the U.S. and U.K. 

Posted on July 25, 2018 at 7:35 pm
Windermere Greenwood | Category: Windermere Greenwood

Vacation Home Security Checklist

Posted on July 25, 2018 at 7:27 pm
Windermere Greenwood | Category: Windermere Greenwood

11 Ways to Boost Summer Curb Appeal

Posted on July 25, 2018 at 7:27 pm
Windermere Greenwood | Category: Windermere Greenwood

Windermere Summer Splash 2018

Posted on July 20, 2018 at 9:02 pm
Windermere Greenwood | Category: Windermere Greenwood