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 your Windermere agent.
A MESSAGE FROM MATTHEW GARDNER
Needless to say, any discussion about the U.S. economy, state economy, or housing markets in the first quarter of this year is almost meaningless given events surrounding the COVID-19 virus.
Most of us tend to think of air pollution as something that occurs outdoors where car exhaust and factory fumes proliferate, but there’s such a thing as indoor air pollution, too. Since the 1950s, the number of synthetic chemicals used in homeproducts have increased drastically, while homes have become much tighter and better insulated. As a result, theEPA estimates that Americans, on average, spend approximately 90 percent of their time indoors, where the concentrations of some pollutants are oftentwo to five times higherthan typical outdoor concentrations.
Luckily, there are many ways to reduce indoor air pollution. We all know that buying organic and natural home materials and cleaning supplies can improve the air quality in our homes, but there are several other measures you can take as well.
In the latest episode of “Mondays with Matthew”, Windermere Chief Economist Matthew Gardner dives into part one of his two-part series analyzing the mortgage market. Today’s focus is on the substantial impact COVID-19 has had on jumbo mortgages. Check back next week when he’ll discuss conventional mortgages and provide his latest interest rate forecast.
Windermere recently launched the Windermere Ready program which provides financial assistance to home sellers who are looking to spruce up their home before putting it on the market. To learn more about the program, see details below or give me a call at (206) 250-7291.
INVEST TO IMPRESS
There’s no second chance for the perfect first impression. Small upfront investments can yield a much bigger payoff when you sell your home. We’ll work together to best showcase your space and help buyers see themselves living in it.
We believe so strongly in the power of first impressions that we created the Windermere Ready program to provide you with concierge-level service that readies your home for sale. Together we will determine the repairs and upgrades that are most likely to appeal to today’s buyers, who prefer stylish, turnkey spaces. If needed, we can provide up to $50,000 to help mitigate any expenses incurred, with no upfront cost to you.
You’re invited to a fun evening of wine tasting and lawn bowling on Thursday, May 24, from 6 to 9 pm. Great wines – including a fabulous award winner! If you find something you like, purchase it direct from the vintners at a discount. We will also have yummy appetizers and free drawings for a delicious bottle to take home.