DATA

FEBRUARY 2019 MARKET STATS

Feb 25, 2019 | 0 Comments
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Q4 2018 MARKET UPDATE

Feb 4, 2019 | 0 Comments

By: Mathew Gardner, Windermere Economist   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 us.  ECONOMIC OVERVIEW The Washington State economy continues to add jobs at an above-average rate, though the pace of growth is starting to slow as the business cycle matures. Over the past 12 months, the state added 96,600 new jobs, representing an annual growth rate of 2.9% — well above the national rate of 1.7%. Private sector employment gains continue to be quite strong, increasing at an annual rate of 3.6%. Public sector employment was down 0.3%. The strongest growth sectors were Real Estate Brokerage […]

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2019 FORECAST

Dec 29, 2018 | 0 Comments

Author: Mathew Gardner, Windermere Economist What a year it has been for both the U.S. economy and the national housing market. After several years of above-average economic and home price growth, 2018 marked the start of a slowdown in the residential real estate market. As the year comes to a close, it’s time for me to dust off my crystal ball to see what we can expect in 2019. The U.S. Economy Despite the turbulence that the ongoing trade wars with China are causing, I still expect the U.S. economy to have one more year of relatively solid growth before we likely enter a recession in 2020. Yes, it’s the dreaded “R” word, but before you panic, there are some things to bear in mind. Firstly, any cyclical downturn will not be driven by housing.  Although it is almost impossible to […]

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DATA

Economics and statistical information on the current Seattle and Puget Sound regional real estate market.

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