Matthew Gardner, Chief Economist for Windermere Real Estate just released a market update for Western Washington.
“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 [. . .] I believe that growth in the state will continue to outperform the U.S. as a whole and, with such robust expansion, I would not be surprised to see more people relocate here as they see Washington as a market that offers substantial opportunity.”
#TrendsTuesday #Windermere #PNW #Washington

Market Stats!

07.15.2017 Canva Camano Island

Here is the latest market data for Camano Island!

#TrendTuesday #MarketTrends #CamanoIsland #Data

Market News 📈

“75 million Baby Boomers control nearly 80% of all U.S. wealth, and as this generation ages, retires, and inevitably downsizes, they will have a significant impact on the housing market.”
-Windermere Chief Economist, Matthew Gardner

Market Data

Great news if you have been thinking about selling you home!
#Stanwood #Windermere #MarketData #Stats 📈

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Market Data

05.15.2017 Canva Camano Island

Here are some brand new market stats for #CamanoIsland to brighten up your day!
#MarketData #Statistics #50percent #Windermere

Market Update!

Here is a neat little snapshot that follows the trends of some of our local markets for the past 2 years!
#Data #LocalMarket #Stanwood #HousingMarket#PNW

Source: https://www.redfin.com/blog/data-center

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Financial Planning

Here is an excerpt from a great article about financial planning and why you should buy a home today written by Windermere’s Senior Vice President of Windermere Services, Michael Fanning.

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“Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post.

1. Buying is Cheaper Than Renting

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The report reveals that:

“Interest rates have remained low, and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation…Nationally, rates would have to reach 9.1% for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.”

2. Homeownership “Forces” You to Save

According to SavingAdvice.com, homeownership is a great way to save. Their advice is quite simple:

“Homeownership is a “forced” savings account because you own the home, you have no choice – that monthly housing cost has got to be paid no matter what…Homeownership can be an outstanding way to force yourself to be more frugal in the rest of your spending so that you can save and build equity in your home.”

Read the full article here!

Which Millennial Hot Spot would you choose to settle down in?

The most popular place for Millennial home-buyers is Mount Vernon, Illinois.

Would you move to any of these Millennial hotspots?

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https://www.housingwire.com/articles/40032-ellie-mae-report-shows-most-popular-metros-for-millennial-homebuyers?eid=368396754&bid=1744907

Market Data

05.15.2017 Canva Stanwood

Here is some fantastic Market Data to start your Friday morning off right!
#MarketData #Stanwood #SnhomishCounty #Windermere

Market Update!

Here is some hot new market data for beautiful Camano Island. 

05.15.2017 Canva Camano Island