Tips to Keep your Garden Alive in the Fall


Posted on September 26, 2017 at 8:52 pm
Beth Bylund | Posted in Uncategorized |

Halloween Events for Kids


Posted on September 26, 2017 at 8:52 pm
Beth Bylund | Posted in Uncategorized |

Western Washington Pumpkin Patches


Posted on September 26, 2017 at 8:51 pm
Beth Bylund | Posted in Uncategorized |

“We’ve Got You Covered” Winter Drive for Homeless Youth

Last year our office collected 200 items for YouthCare, and Windermere collected 3,500 as a whole!  Drop off your donations of new hats, scarves, gloves/mittens, and warms socks to our office between October 16th and November 10th, so we can continue to #TackleHomelessness!

For all participating offices click here.


Posted on September 26, 2017 at 8:49 pm
Beth Bylund | Posted in Uncategorized |

Windermere and the Seahawks are Back to #TackleHomelessness!

Windermere and the Seahawks are Back for Another Season to #TackleHomelessness!

All of us at Windermere are very excited to kick off our second season as the Official Real Estate Company of the Seattle Seahawks!

Once again, our #tacklehomelessness campaign is front-and-center, with the Windermere Foundation donating $100 for every Seahawks home-game tackle during the 2017 season to YouthCare, a Seattle-based non-profit organization that has been providing services and support to homeless youth for more than 40 years. Last year, the Seahawks helped us raise $35,000 through our #tacklehomelessness campaign, and this year we are looking forward to raising even more money – and awareness – for this important cause.

Our partnership with the Seahawks and YouthCare fits perfectly with the mission of the Windermere Foundation which is to support low-income and homeless families in the communities where we have offices. Through the #tacklehomelessness campaign, we hope to be able to do even more.

A “score card” will be posted after each home game that shows how much was raised during that game. You can follow our progress throughout the Seahawks season on our Facebook page at Facebook.com/WindermereRealEstate.


Posted on September 18, 2017 at 11:35 pm
Beth Bylund | Posted in Uncategorized |

Dine Well – Do Good Raises $12,000 for Food Lifeline

Dine Well – Done Good!

Pictured Above: Laura Smith and Michele Flinn of Windermere Real Estate Co. presenting a check to Lindsay Carlisle, Victoria Austin and the staff at Seattle Food Lifeline, on behalf of the Windermere Foundation.

Last June, Windermere Real Estate Co. teamed up with neighboring restaurants to Dine Well – Do Good.  Each Monday night in the month of June, Windermere Real Estate Co. matched tips made to servers – up to $3,000 per night – to raise money for Food Lifeline, via the Windermere Foundation.

Thanks to the generosity of Windermere agents, diners, and the participating restaurants, the Windermere Foundation collected $12,000 in donations. According to Lindsay Carlisle, Community Engagement Officer for Food Lifeline, $12,000 can provide approximately 48,000 meals to our hungry neighbors.

Food Lifeline is the food bank to food banks. They rescue millions of pounds of surplus food from farmers, manufacturers, grocery stores, and restaurants; then deliver this healthy and nutritious food to nearly 300 food banks, shelters, and meal programs across Western Washington. Through their own ingenuity and clever practices, a single $1 donation can provide the equivalent of four complete meals.

Please join us in continuing support to our local restaurant businesses who helped make this idea a reality. Browse through the following list of participating restaurants and stay tuned for the next edition of Dine Well – Do Good!

The Beach House
1927 43rd AVE E, Seattle, WA 98112

Ballard Loft
5105 Ballard AVE NW, Seattle, WA 98107

Bramling Cross
5205 Ballard AVE NE, Seattle, WA 98107

Bryant Corner Café
3118 NE 65th Street, Seattle WA 98115

Cactus
4220 East Madison Seattle, WA 98112

Fiddler’s Inn
9219 35th AVE NE, Seattle, WA 98115

Kabul Afghan Cuisine
2301 N. 45th Street, Seattle, WA 98103

Kizuki
319 NE Thornton Place, Seattle, WA. 98125

Mioposto
3426 NE 55th Street, Seattle, WA 98105

Rock Creek
4300 Fremont Ave N, Seattle, WA 98103

Sand Point Grill
5214 Sand Point Way NE, Seattle, WA 98105

Serafina
2043 Eastlake AVE E, Seattle WA 98102

Sushi Kappo Tamura
2968 Eastlake AVE E, Seattle, WA 98102

Varlamos Pizzeria
3617 NE 45th St, Seattle, WA 98105

The Watershed Pub & Kitchen
10104 3rd AVE NE, Seattle, WA 98125


Posted on August 31, 2017 at 6:34 pm
Beth Bylund | Posted in Uncategorized |

Husky & Cougar Football Schedules


Posted on August 29, 2017 at 7:34 pm
Beth Bylund | Posted in Uncategorized |

Preparing Your Home for Fall


Posted on August 22, 2017 at 4:38 pm
Beth Bylund | Posted in Uncategorized |

Windermere Summer Splash at Green Lake


Posted on August 15, 2017 at 11:31 pm
Beth Bylund | Posted in Uncategorized |

The Gardner Report | Western Washington Q2 2017

The Gardner Report  | Western Washington Q2 2017

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 me.

ECONOMIC OVERVIEW


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. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income growth in the second half of the year. I still believe that the state will add around 70,000 jobs in 2017.

Washington State, as well as the markets that make up Western Washington, continue to see unemployment fall. The latest state-wide report now shows a rate of 4.5%—the lowest rate since data started to be collected in 1976.

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.

HOME SALES ACTIVITY


  • There were 23,349 home sales during the second quarter of 2017. This is an increase of 1.1% from the same period in 2016.
  • Clallam County maintains its position as number one for sales growth over the past 12 months. Double-digit gains in sales were seen in just three other counties, which is a sharp drop from prior reports. I attribute this to inventory constraints rather than any tangible drop in demand. The only modest decline in sales last quarter was seen in Grays Harbor County.
  • The number of homes for sale, unfortunately, showed no improvement, with an average of just 9,279 listings in the quarter, a decline of 20.4% from the second quarter of 2016. Pending sales rose by 3.6% relative to the same quarter a year ago.
  • The key takeaway from this data is that it is unlikely we will see a significant increase in the number of homes for sale for the rest of 2017.
Annual Change in Home Sales

HOME PRICES


  • Along with the expanding economy, home prices continue to rise at very robust rates. Year-over-year, average prices rose 14.9%. The region’s average sales price is now $470,187.
  • Price growth in Western Washington continues to impress as competition for the limited number of homes for sale remains very strong. With little easing in supply, we anticipate that prices will continue to rise at above long-term averages.
  • When compared to the same period a year ago, price growth was most pronounced in San Juan County where sale prices were 29.2% higher than second quarter of 2016. Eight additional counties experienced double-digit price growth.
  • The specter of rising interest rates failed to materialize last quarter, but this actually functioned to get more would-be buyers off the fence and into the market. This led to even more demand which translated into rising home prices.
Western Washington Heat Map
Annual Change in Home Sale Prices

DAYS ON MARKET


  • The average number of days it took to sell a home in the quarter dropped by 18 days when compared to the same quarter of 2016.
  • King County remains the tightest market; homes, on average, sold in a remarkable 15 days. Every county in this report saw the length of time it took to sell a home drop from the same period a year ago.
  • Last quarter, it took an average of 48 days to sell a home. This is down from the 66 days it took in the second quarter of 2016.
  • Given the marked lack of inventory, I would not be surprised to see the length of time it takes to sell a home drop further before the end of the year.
Average Days on Market

CONCLUSIONS


Market Speedometer
This speedometer reflects the state of the region’s housing market using housing inventory, price gains, home sales, interest rates, and larger economic factors. For the second quarter of 2017, I moved the needle a little more in favor of sellers. To define the Western Washington market as “tight” is somewhat of an understatement. Inventory is short and buyers are plentiful. Something must give, but unless we see builders delivering substantially more units than they have been, it will remain staunchly a sellers’ market for the balance of the year. Furthermore, increasing mortgage rates have failed to materialize and, with employment and income growth on the rise, the regional housing market will continue to be very robust.

ABOUT MATTHEW GARDNER


Matthew Gardner is the Chief Economist for Windermere Real Estate, specializing in residential market analysis, commercial/industrial market analysis, financial analysis, and land use and regional economics. He is the former Principal of Gardner Economics, and has more than 30 years of professional experience both in the U.S. and U.K.

Posted on August 8, 2017 at 8:02 pm
Beth Bylund | Posted in Uncategorized |

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