Windermere President OB Jacobi shared a message with Windermere brokers after the company’s recent nomination for the Inman Innovator Award for Most Innovative Real Estate Company. Who among us doesn’t like being recognized for their hard work? Well, today is one of those days that we should all be proud to be a part of... Continue Reading →
In addition to talking about housing bubbles, another topic that is becoming popular among housing scaremongers is the ongoing decline in the U.S. homeownership rate. Remarks range from the direct, “American homeownership is at its lowest level in more than two decades,” to the downright inflammatory, “Rental surge to drop homeownership rate to 61.3% by... Continue Reading →
A year ago, construction of The Mark started where the former Fifth and Columbia Tower used to stand. Designed by Zimmer Gunsul Frasca, this 200 meter-tall skyscraper will consist of 44 floors and is set to be completed in April 2017. Part office, part hotel, it will be the tallest building completed in Seattle since 1990 (fifth tallest overall). In... Continue Reading →
Last week, Windermere Real Estate welcomed Seattle economist Matthew Gardner. After closing his private firm of 17 years, he’ll become Windermere’s chief economist at the Sand Point Way headquarters to track and analyze residential real estate markets across 11 Western states full time.
Windermere CEO Geoff Wood noted Gardner has a knack for tackling a dry topic like economics and making it significant for consumers. He has previously provided Windermere Real Estate brokers and their clients quarterly market analysis reports as the company’s economic adviser. We’re looking forward to further breakdown on the local housing market from him as he joins the Windermere team.
Puget Sound Business Journal quoted him on his market analysis. “It’s not going to be that cookie-cutter approach that the National Association of Realtors says this or somebody else says that,” Gardner said. “You’ve got to come at it from an independent perspective.”
Welcome to the…
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According to a new National Association of Realtors (NAR) report, the market for vacation homes is booming.
• Consumers bought 1.13 million vacation homes in 2014, the highest amount since NAR started tracking sales in 2003.
• Vacation home sales were up 57% over the previous year.
• Vacation homes accounted for 21% of all real estate transactions in 2014, compared to just 13% of all transactions in 2013.
Why are vacation home sales booming now?
The value of most people’s primary home has gone up significantly in the past few years, giving them more confidence to extend their real estate investment to a second home.
Increased net worth from the strong stock market, along with low interest rates, have made buying a second home more feasible.
Many baby boomers are shopping for a place to vacation at now, and retire to later.
What are people buying?
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We’re really excited to hear that Tesla Motors is expanding their horizons. Word on the street is that they’re gradually moving from just making automobiles to focusing on batteries, including ones that power homes. This is good news because while we love the idea of being able to rely entirely on solar-power to run our... Continue Reading →
Wearable technology has quickly gone from the pie in the sky, to an everyday essential accessory. In fact, we're pretty sure we see more people with Fitbits than without. Now wearable technology is even available for dogs – and no we aren't referring to the radio-tracking collars that have been around for decades. The latest doggy gadgets can be... Continue Reading →
Now that spring has sprung, let’s clear the cobwebs and get your home ready! Here is our quick guide to spring home maintenance:
Inspection top to bottom: Now that the weather is temperate you will want to check on how your home weathered the winter. Check the roof for leaks, the gutters for damage, and the siding for cracks. You will also want to inspect your basement or foundation for any shifts. Make repairs now to prevent further damage.
Clean out the gutters: April showers bring May flowers… so clear out the gutters to keep rain from pooling on your roof or near your foundation.
Pest control: Spring is mating season for eight legged critters, so sweep out cobwebs, clear debris, and check the nooks and crannies. If you live in an area prone to dangerous species like brown recluse or black widows, you may want to contact your local…
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This past weekend in Las Vegas, NV the International CES (Consumer Electronics Show) tradeshow took place. Your inner geek is going to freak out when you see some of the things that were shown. Life Improvement: Wearable technology is all the rage right now and there was no shortage of evidence of this at the tradeshow.... Continue Reading →