Gardner Report Category

Western Washington Real Estate Market Update

ECONOMIC OVERVIEW Washington State finished the year on a high with jobs continuing to be added across the market. Additionally, we are seeing decent growth in the area’s smaller markets, which have not benefitted from the same robust growth as the larger metropolitan markets. Unemployment rates throughout the region continue to drop and the levels […]

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What’s In Store For The 2017 Seattle Housing Market?

2016 was another stellar year for the Seattle housing market.

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What to Expect in Housing Affordability

What to Expect in Housing Affordability | Windermere Blog | Windermere Real Estate Posted in Economics 101 Videos and Market News by Matthew Gardner, Chief Economist, Windermere Real Estate What keeps Windermere’s Chief Economist, Matthew Gardner, up at night? Housing affordability. As the U.S. Population moves towards both coasts and the Southwest, putting upward pressure […]

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The Trump effect. How will it impact the US economy and housing?

Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate  The American people have spoken and they have elected Donald J. Trump as the 45th president of the United States. Change was clearly demanded, and change is what we will have. The election was a shock for many, especially on the West Coast […]

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The Gardner Report | Western Washington Real Estate Market Update

ECONOMIC OVERVIEW Annual employment growth in Washington State slowed somewhat in the third quarter of this year, but still remains well above the long-term average. Additionally, the jobs that are being created are primarily quality, high-paying positions, which is important for the health of our economy. Unemployment in the state remains at levels that are […]

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Market News from Matthew Gardner

Historically low inventory levels, how we got here, and what to expect in the coming year The housing market is performing remarkably well, with the exception of incredibly low inventory levels in many areas throughout the country. Why is this happening? Windermere’s Chief Economist, Matthew Gardner, explains why and offers his predictions for what we […]

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Western Washington Gardner Report Q1 2016

ECONOMIC OVERVIEW Washington State has seen very robust growth over the past 12 months with the addition of 102,600 new jobs, which is 224,000 more jobs than seen at the previous peak in 2008. With this robust growth, it is unsurprising to see the unemployment rate trend down to 5.8%—well below the long-term average of […]

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The Gardner Report: Fourth Quarter 2015

ECONOMIC OVERVIEW The Washington State economy has added almost 370,000 jobs since the lowest point of the recession at the start of 2010. Additionally, total employment is 176,000 jobs higher than seen at the 2008 peak. With a vast majority of our metropolitan areas having fully recovered from the job losses seen during the recession, […]

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2016 Economic & Housing Forecast

The National Economic Forecast 1.The U.S. will continue to expand with real GDP growth of 2.3% in 2016. Although a positive number, the forecasted rate of growth suggests that we will be modestly underperforming in 2016.  On a positive note, oil prices are likely to remain well below long-term averages, which puts more money into […]

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The Gardner Report: Third Quarter 2015

Economic Overview After a period of above-average growth, Washington State has seen a modest slowing in employment growth, but we continue to add jobs at a respectable rate. The State unemployment rate was measured at 5.3%, marginally above the national level, but it is trending in the right direction. Although growth continues to be uneven […]

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