Local Market News

Local Market News How Windermere Wins with Chinese Buyers Chinese buyers continue to strongly influence our local market.  According to a report by Chinese website Juwai, the Seattle/Eastside area is the #3 most popular choice in the U.S. for Chinese buyers behind Los Angeles and New York City. Windermere specifically targets this lucrative market.  Windermere properties are listed on the Chinese real estate website, Juwai, which has 2.6 […]
Local Market News Eastside Market Review – Third Quarter 2017 Our Eastside Market Review is now available for the third quarter of 2017. You can read the full report online by clicking the image below.
Local Market News What to Expect for the Rest of 2017 We’re more than halfway through 2017! That means it’s time to reflect on national housing market predictions from the beginning of the year and look ahead to what we can expect for the remainder of the year. As a reminder, in early 2017 experts anticipated price growth would slow, inventory would bottom, and mortgage rates […]
Local Market News Tech Hubs Still Hot in National Housing Market The Seattle area continues to be an outlier in the national housing market. In May the price of single-family homes in the area increased by 13.3 percent year-over-year, more than double the national average. That marked the ninth month in a row in which Seattle experienced the biggest year-over-year increase in home prices. According to […]
Local Market News Seattle Area Popular With Residents & Outsiders It seems like a tale as old as time. Many people are wanting to move to Seattle, but no one else really wants to leave. This leads to our favorite real estate headline for the last several years: inventory is low, prices are rising. Seattle-based Zillow recently analyzed searches on their website and compared the […]
Local Market News The Urbanization of Downtown Bellevue When you hear of a city that is “something between an urban jungle and the classic picture of suburbia,” Bellevue may not be the first place that comes to mind. However, that’s exactly how one young couple describes downtown Bellevue in a recent article from The Seattle Times – and they aren’t the only ones. […]
Local Market News Building Construction Reaches New High in Downtown Seattle Tangible signs of growth in and around downtown Seattle are everywhere, from worsening traffic and commute times to the record number of cranes dotting the skyline. So it is not surprising The Seattle Times reported there were 68 major buildings under construction at the end of 2016, which is a new high since the Downtown […]
Local Market News 2017 Will Bring More Condos to Bellevue and Seattle All of the statistics and speculation surrounding our local housing market could be summarized by one basic economic principle – supply and demand. We simply have not had enough homes, among other resources, to accommodate the rapid growth in our region. However, Puget Sound Business Journal (PSBJ) recently reported there is hope ahead in the […]
Don't Miss Our Next Post
Subscribe Now