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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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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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Gardner Report: First Quarter 2015

First Quarter Takeaway from Matthew Gardner: This speedometer reflects the state of the region’s housing market using housing inventory, price gains, sales velocities, interest rates, and larger economic factors. As you can see, we are still very clearly in the midst of a seller’s market, and unless we see a significant increase in listings, it […]

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Gardner Report: Fourth Quarter 2014

Fourth Quarter Takeaway from Matthew Gardner: Our market continues to add jobs and our population continues to rise (+63,000 in 2014), both of which are very positive. However, our housing market continues to have a lack of homes for sale. Will we see an increase in listings in 2015? That is the million dollar question. […]

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