Economy

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Economy Numbers to Know 5/21/26: The Forces Impacting Today’s Housing Market Numbers to Know 5/21/26: The Forces Impacting Today’s Housing Market Hi, I’m Jeff Tucker, principal economist at Windermere Real Estate, and these are the numbers to know, right now. The first number to know this month: $108. That is the current price of a barrel of oil as of May 19, and it is still […]
Economy Local Look Western Washington Housing Update 5/7/26 Local Look Western Washington Housing Update 5/7/26 Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the April 2026 data from the Northwest MLS.   We are now in the heart of the spring selling season, and it is shaping up to be a little quieter than […]
Economy 2026 First Quarter Regional Real Estate Report 2026 First Quarter Regional Real Estate Report This is a recurring series of blog posts taking a closer look at the U.S. economy and several major regional markets in Windermere’s nine-state footprint. Updates will be released on a quarterly basis. Economic Overview At the end of February, the spring housing market appeared poised for a […]
Economy Numbers to Know 4/13/26: Global Tensions Drive Rates & Market Shifts Numbers to Know 4/13/26: Global Tensions Drive Rates & Market Shifts This is the latest in a series of videos with Windermere Principal Economist Jeff Tucker, where he delivers the key economic numbers to follow to keep you well-informed about what’s going on in the real estate market. The first number to know this month: […]
Economy Local Look Western Washington Housing Update 3/11/26 Local Look Western Washington Housing Update 3/11/26 Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the February 2026 data from the Northwest MLS. We are now on the cusp of the busy spring selling season, and the data so far in 2026 point to a market […]
Economy Fourth Quarter Regional Real Estate Report Fourth Quarter Regional Real Estate Report This is a recurring series of blog posts taking a closer look at the U.S. economy and several major regional markets in Windermere’s nine-state footprint. Updates will be released on a quarterly basis. Economic Overview Last year did not deliver the hoped-for breakout from the low-sales housing market that […]
Economy Local Look Western Washington Housing Update 2/4/26 Local Look Western Washington Housing Update 2/4/26 Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the January 2026 data from the Northwest MLS So far in 2026, the housing market is still in the grips of a winter slowdown. Across the Northwest MLS, there were 7% […]
Economy Are We in a Housing Recession?   Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. A little while ago, a housing analyst was being interviewed about the current state of the residential market and they suggested that the country is in a “housing recession.” Well, needless to say, this got a lot of attention from […]
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Economy The Continued Decline of the Housing Market Index Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. Today we are going to take a look at the new home market where headwinds are certainly growing. And the reason this particular subject piqued my interest was that the National Association of Home Builders just released their Housing Market Index for August, and […]
Economy Q2 2021 Western Washington Real Estate Market Update 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 Real Estate agent.   […]
Economy Matthew Gardner on Post-Pandemic Recovery The “demise of downtown” has been greatly exaggerated, according to Windermere’s Chief Economist, Matthew Gardner. That’s one assessment Gardner made recently, along with other observations about the current housing and job markets in the Seattle area. According to Gardner, those who keep tabs on the real estate market should be careful about reading too much […]
Economy New Bellevue Projects Promise a Busy Future It appears bustling Bellevue has an ever-busier future on the horizon. Already the site of a growing Amazon presence outside of Seattle, the city now has quite a few significant construction projects in the works, including new office space, residential towers and a huge mixed-use project. Set among Amazon’s leased office buildings, a new luxury […]
Community News Seattle Remains No.2 City for Relocation, Despite Remote Work Options Much work in 2020 has shifted from high rises and board rooms to home offices and video calls. While some employees are itching to get back to the office and resume business as usual, it was initially believed that another subset of Seattle’s sizeable tech force was considering life outside the city. This prediction was […]
Economy Western Washington Real Estate Market Update 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.   REGIONAL ECONOMIC […]
Economy Local Market Update – October 2020 While daily life may seem unpredictable, the local real estate market remains extremely stable. Activity in September acted more like the traditional peak spring market with home sales soaring and prices hitting record highs. Inventory remains very tight and new listings are selling quickly in every price range. There just aren’t enough homes on the […]
Buying a Home Buyers Are Finding More Space in the Luxury Home Market A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for […]
Economy Local Market Update – September 2020 August saw the lowest number of homes for sale in more than 20 years and the lowest mortgage rates on record. Sparse inventory and high demand pushed home prices to new highs. With pending sales outpacing new listings, inventory continues to shrink. King and Snohomish counties each have about a two-week supply of available homes. […]
Economy 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 suit. • While overall inventory is at historic lows, more sellers put their homes on the market. New […]
Economy The Gardner Report: Q2 2020 Western Washington   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.   REGIONAL […]
Economy A Remarkable Recovery for the Housing Market   For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, homes are being purchased […]
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