Market News Housing Supply is an Issue that Will Not Improve Any Time Soon and Here’s Why There are two common concerns about the housing market that one hears from both consumers and real estate professionals alike. First, they question whether or not we are on the brink of another housing bubble, and second, they want to know why there aren’t more homes for sale.
More How Homeownership Impacts the U.S. Economy Windermere's Chief Economist, Matthew Gardner, explains how a strong, stable housing market is critically important to the overall U.S. economy.
More Windermere Offices Help Fulfill Back-to-School Needs For school supplies alone, the average spend per child is $104, which can be a lot for parents who are having difficulties just trying to make ends meet. Thankfully, through donations from the Windermere Foundation, many of our Windermere offices are able to support local nonprofit organizations that provide backpacks, supplies, and other back-to-school necessities to children in need.
More How to Find the Perfect Paint Colors Homeowners and designers know what a difference color makes in a home. They can spend hours poring over print and online images in search of the perfect hue. But sometimes the color in the image doesn't end up looking the same on the wall. Why?
More Should You Wait out the Housing Market? The housing market is remarkably tight across the U.S., and you may be wondering if you should wait for home prices to slow before making your move. Windermere's Chief Economist, Matthew Gardner, shares why waiting could end up costing you more money in the long run.
Buying Downsizing: 5 Things to Consider Downsizing is on the minds of many homeowners today. Some are ready to retire. Others want to live more simply. Many want to save money and say goodbye to home maintenance. If you can relate to any of those sentiments, ask yourself these five questions:
More 6 Ways to Personalize a White Kitchen White-on-white kitchens have been a classic look for many years. Why does this trend endure? For starters, white connotes cleanliness, makes small spaces appear larger, and brightens rooms that are naturally dark. Although many all-white kitchens are just lovely, some can appear a bit stark or cold. Read on for inspiration for personalizing your white kitchen so that it stands out from the crowd.
Buying Seven Trends That Will Define the Home of the Future As sophisticated as homes are today, experts predict they’ll be far more so in the not-too-distant future— especially when it comes to their use of technology. Included are seven evolutionary trends that many expect to define the home of the future.
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More 6 Clever Ways to Disguise Trash Bins You probably don’t give much thought to your garbage cans, other than remembering to put them out on the right day. But we all have to store our trash and recycling bins somewhere, and doing so can be a challenge on a smaller property, especially if you don’t want them to be an eyesore. If you’re struggling to find a stylish way to store your bins, check out these smart and inspiring ideas.
Market News Idaho Real Estate Market Update Idaho has added 16,800 new jobs over the past 12 months, representing an above average growth rate of 2.4%. The Education & Health Services sector showed the largest annual job growth, up 4.8%. There were also strong employment gains in Construction, Government Services, Leisure & Hospitality, and Manufacturing.
Market News Central Washington Real Estate Market Update Like much of the rest of the state, Central Washington continues to experience modest employment growth. An additional 1,300 jobs were created between May 2016 and May 2017, which drove the unemployment rate lower (from 6.3% to 5.4%). I believe we will see continued growth in employment, leading to further declines in the unemployment rate through the duration of 2017.
Market News Oregon and Southwest Washington Real Estate Market Update Oregon has added 46,500 new jobs over the past 12 months with impressive gains seen in the professional and business services, leisure and hospitality, and trade sectors. Also of interest is that the construction sector continues to expand rapidly, potentially signifying greater interest in adding to the region’s housing supply...
Market News Eastern Washington Real Estate Market Update Like much of the rest of the state, Eastern Washington continues to experience modest employment growth, which is driving the unemployment rate lower. I also expect to see continued growth in employment as we move through the balance of the year.
More Why You Should Stay Put and Improve the Home You Have In "Staying Put," architect and writer Duo Dickinson has assembled a terrific and practical guide to help us make real improvements to our homes. Dickinson, an advocate of well-designed and affordable homes for all, has specialized in residential design for more than three decades.
Market News Colorado Real Estate Market Update Colorado added 62,000 new jobs over the past 12 months, an increase of 2.4% over this time last year. All of the metropolitan markets included in this report saw annual employment growth, with substantial growth in Boulder (4.7%) and Fort Collins (+4.1%), and more modest growth in Grand Junction (0.3%). In May, the unemployment rate in the state was 2.3%, matching the prior month and down...
Market News Southern California Real Estate Market Update The markets covered by this report—Los Angeles, San Diego, San Bernardino, Orange, and Riverside—added 131,900 new jobs between May 2016 and May 2017. As a result, the unemployment rate dropped from 4.7% to 3.9%. Growth in the Southern California market has started to taper, but this is unsurprising given our place in the current economic expansion.
Market News Nevada Real Estate Market Update Employment growth in the Las Vegas metropolitan area slowed down—albeit very modestly—as the market entered the summer, with an annual employment growth of 2.9%. That said, the market has added 27,300 new jobs over the past 12 months. With this growth in employment, the unemployment rate remained at 4.8%, which is marginally above the statewide level of 4.7%. Las Vegas continues to approach...
Market News Western Washington Real Estate Market Update The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income growth in the second half of the year. I still believe that the state will add around 70,000 jobs
Buying Why Owning a Home is Such a Smart Investment The first question you need to ask yourself is, “Am I disciplined enough to invest in stocks?” According to two professors who recently studied 30 years of personal-finance performance, you need to be someone with exceptional financial discipline if you want to earn real money in the stock market. Or, you could simply buy a house.
More Why aren’t homebuilders building more homes? Housing markets all across the U.S. are suffering from serious shortages of homes for sale, and this isn’t expected to change in the foreseeable future. When I think about inventory levels and the fact that demand is clearly outstripping supply, it makes me question why homebuilders aren’t stepping up to the plate to meet all this pent-up demand.