Market News What to Expect in Housing Affordability What keeps Windermere’s Chief Economist, Matthew Gardner, up at night? Housing affordability. See what he has to say about how West Coast cities can improve housing affordability through policy and infrastructure changes.
More Helping Fight Holiday Hunger in Our Communities The holiday season is a time in which Windermere offices across our network come together to help those in need in their communities. Here are just a few of the events that our offices are involved in this month to help fight hunger.
Market News The Trump effect. How will it impact the US economy and housing? The election was a shock for many, especially on the West Coast where we have not been overly affected by the long-term loss in US manufacturing or stagnant wage growth of the past decade. But the votes are in and a new era is ahead of us. So, what does this mean for the housing market?
Market News Oregon and South West Washington Real Estate Market Update The labor market in Oregon/Southwest Washington continues to remain robust. During third quarter, the region added 13,800 new jobs, up from the 9,500 jobs that were created in the same period in 2015. Year-over-year, the region has grown at an impressive rate of 3.5%—well above the U.S. rate of 1.7%—and has one of the fastest rates of job creation in the nation.
Market News Nevada Real Estate Market Update Home prices are increasing at a reasonable pace but there are some sub-markets that are over-performing at the present time. This is not a concern, as I think buyers will start to be more selective regarding the neighborhoods that they want to move to. This process will allow some markets to appreciate at levels higher than the regional averages.
More Windermere Launches New Ultra-Luxury Brand: W Collection Thanks in large part to the booming economy, growing tech sector, and increasing international appeal, Seattle is no longer a sleepy little city tucked away in the far corner of the United States. With this changing landscape has come an infusion of wealth that has seen the area’s high-net-worth population explode. And with it, so too has the ultra-high-end real estate market.
Market News Southern California Real Estate Market Update Over the past 12 months (through August 2016), the markets covered by this report added 273,200 new jobs and the total number of people claiming unemployment insurance dropped by over 100,000. With these shifts toward full employment, the area’s unemployment rate dropped from 6.2% to 5.1% during the past year.
Living Friend or Foe? How to Identify, Trap and Rid your Home of Ghosts How do you know when you have a ghost hanging out in your home? Signs include unexplained noises and voices, objects disappearing, electronics turning on and off by themselves, lights flickering, unexplained smells, or an uneasy feeling that you’re being watched. But how do you know for sure that it’s paranormal activity – and not the cat – causing these abnormalities?
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Market News Western Washington Real Estate Market Update Annual employment growth in Washington State slowed somewhat in the third quarter of this year, but still remains well above the long-term average. Additionally, the jobs that are being created are primarily quality, high-paying positions, which is important for the health of our economy.
More 4 Simple Steps to Painting a Wall Faster Many books about painting will tell you to paint a small strip along the baseboards, doorways, trim and other edges of the room with a brush before breaking out the paint roller to paint the rest of the wall. But before you do this paintbrush work, called “cutting in,” consider paint expert Shauna Gallagher’s method: Roll paint on the wall and then use a paintbrush for the edge work.
Living Childproofing: Protect Your Family and Your Home from Potential Hazards While supervision is the best way to keep your children safe at home, you can’t watch them every second. Childproofing, to whatever degree you are comfortable, will go a long way toward keeping your littlest loved ones safe and healthy at home.
More How to Reduce Noise in an Open-Plan Design Open-plan living spaces have many advantages for family life and entertaining, and they increase the opportunity to bring lots of natural light into your home. But they can end up being quite noisy. You may be surprised, however, at how easy it is to reduce sound travel with a few key additions to your furnishings. […]
Living Keeping Up with the Joneses: The Great Paint Debate The vinyl siding of the 1942 Seattle Cape Cod fixer we purchased nine months ago had been sun bleached to the point of resembling a kind of soft lemon chiffon yellow you’d see on a cake your grandmother baked. Great for dessert, bad for today’s exterior home color. We wanted a charming, warm and inviting new exterior home color but were fearful about what it would cost to have a professional do it
More Selling Your Home? Go Through This Safety Checklist With Your Real Estate Agent Selling your home can be stressful for many reasons. One thing you can be sure of when selling your home is that there will be strangers entering your space, so it’s important for you and your agent to take certain safety precautions.
More #YourStoryIsOurStory: Kicking off the School Year Right Starting the school year can be nerve wracking; new friends, new classroom, and for some, a new school all together. Imagine starting the new year already behind, with shoes that don’t fit, clothes that are stained or too small, and inadequate school supplies. Many Windermere offices work very hard at the start of the school year to ensure this doesn’t happen for kids in our communities...
Living First Day of Autumn Even though it happens year after year, the arrival of autumn is always a little surprising. Almost as if on a switch, one day late in the summer you feel it – a subtle crispness in the air. And before you know it, it’s pumpkin-spice-everything everywhere. We are suddenly swathed in sweaters, wearing boots, and bombarded by shades of orange, often even before the thermometer warrants it.
More U.S. Government $10,000 Short Sale Incentive Expires December 30, 2016 The federal government’s Home Affordable Foreclosure Alternatives (HAFA) Program is set to expire December 30, 2016. The program pays homeowners $10,000 to complete a short sale rather than go through the foreclosure process. Since the application deadline for HAFA is only a few months away, it is important for homeowners to apply as soon as possible.
Living Great Design Element: Why Awnings Are Making a Comeback Awnings are a valuable home design element that our grandparents knew all about. In the days before air conditioning, they were used to shade interiors and help keep homes cool. With the focus on sustainable design today, there’s renewed interest in the power of awnings.
Market News Do You Have ‘Average’ Credit? If so, Getting a Mortgage May Be Tough Today, lenders require nothing short of pristine credit to obtain a mortgage. We can never return to the reckless lending policies of the past, but I believe they’ve gone too far, and it concerns me.
Buying Investing in Rental Property: The Risks, Rewards, and Benefits of Owning Rental Property One area of the real estate market that is thriving right now is rental property. All indications suggest that the rental market will continue to improve because of low vacancy rates and rising rents. In fact, the demand for rentals is predicted to far exceed supply through 2016, with 4.5 million new renters expected to enter the market in the next five years.