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Windermere Blog | Category: Market News

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July 29, 2015

Western Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


Washington state appears to be pretty much firing on all cylinders with annual employment growth well above 100,000 and the unemployment rate trending down toward 5%. A ll in all, it’s difficult to f ind something to worry about at the moment.
Read More >
July 09, 2015

Homeownership Has Declined, But It Won't Be Forever

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


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 2030”.
Read More >
June 17, 2015

No Housing Bubble in Sight – For Now

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


So here we are, a decade later, and some are starting to suggest that we are on the verge of another “bubble” bursting due to an overheated housing market. I’m often asked if there is any truth to this, and my response is no, I don’t believe there is a national bubble on the horizon. And here are the reasons why:
Read More >
May 14, 2015

Oregon and Southwest Washington Real Estate Market Update

Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


First quarter had 10,269 home sales, which is an annual increase of 16.9%.
Read More >
May 06, 2015

Western Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


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 will remain that way for the foreseeable future.
Read More >
March 04, 2015

Oregon and Southwest Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


Total sales in 2014 were 3.8 percent higher than those seen in 2013; however, inventory constraints in many markets kept this number below its full potential.
Read More >
February 26, 2015

Western Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


2014 was a pretty good year for the 15 counties covered in this report. In total, Western Washington added 65,710 jobs in 2014, up from the annual rate of 62,520 through the third quarter, which is a growth rate of 2.9 percent. For comparison purposes, the state as a whole grew by 2.7 percent and employment nationwide rose by 1.9 percent.
Read More >
November 26, 2014

Oregon and Southwest Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


I am pleased that we can, at last, say that the Oregon economy is expanding. Although this rate of expansion is certainly not at the level that I would like to see, it is now outperforming the U.S. as a whole, which is a promising sign.
Read More >
November 20, 2014

Western Washington I 2014 Third Quarter Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


Our region’s economy continues to expand but the rate of growth is tapering. This is not surprising, and as long as we can continue to say that our region is growing at a faster rate than the country as a whole, we are in pretty good shape.
Read More >
August 28, 2014

Oregon and Southwest Washington Real Estate Market Update

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Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate


The markets covered by this report are seeing their labor forces grow, which is encouraging. More people are either looking for work or have obtained positions. I think that the temporary slowdown that was seen in June is just a blip and that the market will return to positive employment growth as we move through the rest of the summer.
Read More >

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