Market update In his latest report Windermere Real Estate’s Chief Economist Matthew Gardner presents an optimistic view of our economy and the real estate market. I believe that growth in the State will continue to outperform the U.S. as a whole and, with such robust expansion, I would not be surprised to see more people […]
Browsing Posts in Interest Rates
Home buyers are winning with historically low interest rates and low home prices. Home sellers are winning with feverish market activity and for those with properly priced and prepared homes … multiple offers! If this trend continues there should be upward pressure on home prices for every homeowner and an improvement in pricing could slow […]
Good news! No,wait – Great news! Our real estate market continues to show signs of real improvement. Homes are selling, selling in less time, pricing is firming up and foreclosures are declining! In addition Washington State legislators passed an exciting new law called the Mortgage Foreclosure Fairness Act. This law can help folks who are […]
Aside from artificial governmental inducements like tax credits, rebates and mortgage bail-outs, the raw underlying fundamentals of housing economics actually remain quite strong. For those seeking housing for old fashioned reasons and long term investment, home buying today appears to still be an incredible opportunity. Will home prices continue to fall? According to the Fiserv […]
[Don’t miss the chart at the bottom of this article!] Waiting for home prices to fall can be costly. The Federal Reserve has been keeping interest rates artificially low, hoping to stabilize the economy. Economists generally agree that as the deficit grows and the government finds it can no longer continue borrowing, interest rates must […]
