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According to agents in HomeLight’s quarter four survey, sentiment is somewhat split on an upcoming recession—something that would absolutely affect home sales. About 36 percent of agents surveyed expect we will see the economy drop by the end of 2021, but 12 percent think that it’s going to hit by the end of 2020.
Sellers aren’t super concerned though; agents note that about 70 percent of them never even bring up the idea of a recession. But regardless of an incoming recession or not, selling your home will pose some unique issues in the next year. Here’s what to expect as the most difficult hurdles you’ll need to overcome.
Dear friends: Please enjoy this guest blog post from South Seattle-based interior designer 
Chanel Reynolds helps people complete critical end-of-life planning documents like wills, living wills and advance care directives, and having an emergency savings and the right insurance to be less vulnerable. Come hear her talk about what matters most and how to get your sh*t together Thursday, March 5, 6-9pm at Mount Baker Community Club, and RSVP to me at donkoonce@windermere.com by 2/28.
“You don’t need a silver fork to eat good food.”
Welcome to my Real Estate advice column, “Dear Don,” where I answer all your burning Real Estate questions. Send yours to me at donkoonce@windermere.com, and I’ll try to answer them in future columns.
As we head into a new decade, the Windermere Foundation reached a milestone in 2019 by raising nearly $3 million, bringing the grand total to over $40 million in donations raised since 1989.
This analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist, Matthew Gardner. I hope this information helps you to make well-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me.
