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Who is this Jerome Powell fellow, and why is he making it impossible for me to buy a house?! Mortgage interest rates: it seems like all anyone can talk about these days in the Seattle real estate market. And with good reason. The basic equation of housing affordability boils down to just two main factors:…
My absolute favorite clients to work with are first-time home buyers! There’s nothing better than handing keys to someone who purchased their dream home and just accomplished a huge life milestone. There’s a lot to consider when it comes to buying a home for the first time and I’m here to walk you through every…
The headlines we see about Seattle real estate can really make buying a house look scary and stressful. Or downright impossible. And these things are *especially* true if you’ve never bought a home before. If you don’t read the rest of this blog, this should be your #1 takeaway: Many people don’t realize that they…
Why are there some homes in Seattle that just aren’t selling right now? After all, the low inventory has been an issue for several months at this point. Despite higher rates, there are still buyers who are chomping at the bit to buy homes. So why are some homes continuing to sit on the market,…
You may have to kiss a lot of frogs before you find your Prince Charming. The same is true for finding your dream house. All of our home buyer clients are looking for love. But how do you know when you’ve found true love? How can you be confident that you’re ready to make a…
My team and I are always keeping a close eye on the market, but even more so this winter as Seattle’s market shifts. What will happen this spring and in the rest of 2023? How can savvy buyers and sellers time the market this year? Using the latest data, our work with buyers and seller…
Many would-be home buyers in the Seattle and Bellevue areas have put their home searches on pause due to the recent rise in interest rates and inflation. I share more about this in our recent blog post “December 2022 Seattle Real Estate Market Update & My Predictions for 2023.” However, if you are thinking that…
Well, it’s December. Time for me to dust off the old crystal ball and make my predictions for next year, based on this year’s data and trajectories. First, a spot of good news, or at least a sign that the end of this “recession” could be sooner than we think: My Best Case Scenario for…
This time of year, my Instagram, TikTok, and Facebook feeds light up with folks sharing Chief Economist for Windermere Real Estate Matthew Gardner’s predictions about the housing market for the following year. So one of my teammates, Ryan, decided to pull up Matthew Gardner’s 2021 prediction for 2022 and compare that to my prediction (also…
The topic of inflation has been in the news a lot lately. But how is inflation related to real estate? We recently texted several of our clients asking what questions they had about Seattle real estate at the moment, and inflation was on everyone’s mind. Here are a couple of the questions we received and…
How does Seattle’s market compare to other markets in the country? Is our housing market going to crash? We believe that Seattle is primed to be a long-term hold while other markets have significant headwinds that will drag on their real estate market in the medium to long term. For example, Miami appears to be…
Right now, we’re all hearing words like “inflation,” “recession,” and “layoffs” in the news, and it can feel pretty overwhelming. What’s actually happening in our economy? How does it affect Seattle? If you’re hoping to buy or sell soon, how can you best time the market? Recently, we texted several of our clients and asked…