May 30, 2017
How are inventory shortages impacting the housing market?
Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere Real Estate
The shortage of homes for sale has been a major concern for buyers and real estate agents over the last few years. Windermere Chief Economist, Matthew Gardner, explains the impact these shortages are having on the housing market.
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May 23, 2017
At Home in the Outdoors
Posted in Living by Tara Sharp
More than 80 percent of Americans say they want an outdoor living space where they can relax and entertain. And it’s no wonder why. Outdoor spaces extend your livable space, add visual interest, and increase not only your quality of life, but also the overall value of your home. Here are some options to consider:
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May 22, 2017
The Trump Administration's Impact on U.S. Housing
Posted in Economics 101 Videos and Market News by Matthew Gardner, Chief Economist, Windermere Real Estate
Will the Trump administration have an impact on the U.S. housing market? Windermere Chief Economist, Matthew Gardner, weighs in on how mortgage rates, inflation, and the possible repeal of Dodd-Frank could impact housing in the foreseeable future.
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May 18, 2017
Windermere's Chief Economist Weighs in on White House Uncertainty
Posted in Market News
Windermere Real Estate Chief Economist, Matthew Gardner, was interviewed by real estate industry news leader, Inman News, on what impact recent White House turmoil could have on the U.S. housing market. This is what he had to say:
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May 17, 2017
Windermere Helps Fight Food Insecurity by Funding Weekend and Summer Meal Programs
Posted in Windermere Foundation by Marilou Ubungen
Through the Windermere Foundation, many Windermere offices throughout our network support programs that provide weekend and summer meal programs. These programs help girls and boys at risk of hunger get access to nutritious meals outside of school.
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May 15, 2017
Oregon and Southwest Washington Real Estate Market Update
Posted in Market News and Oregon and Southwest Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Oregon State has added almost 40,000 new jobs over the past 12 months. The average home price in the region rose by 9.4% year-over-year to $334,299. This is down from 10.9% in the fourth quarter of 2016.
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May 10, 2017
Colorado Real Estate Market Update
Posted in Colorado Real Estate Market Update and Market News by Matthew Gardner, Chief Economist, Windermere Real Estate
Annual employment in Colorado grew by a respectable 2.3% in February, which equated to about 64,000 new jobs over the past 12 months. Home prices remain well above historic highs and continue to trend upward. While there are very modest slowdowns in price growth—possibly a function of rising interest rates—they should continue to appreciate at above-average rates throughout 2017.
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May 09, 2017
Nevada Real Estate Market Update
Posted in Market News and Nevada Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Employment in the Las Vegas area continues to improve, reporting a 3.2% increase compared to first quarter of last year, while the unemployment rate remained essentially the same. As of February, 966,300 people were employed in the Las Vegas market, up by 29,900 from February 2016. Another good sign is that the labor force continues to expand, suggesting that there is more confidence...
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May 08, 2017
Eastern Washington Real Estate Market Update
Posted in Eastern Washington Real Estate Market Update and Market News by Matthew Gardner, Chief Economist, Windermere Real Estate
Eastern Washington continues to see employment growth, albeit modest in some markets, as well as a decline in unemployment. It is still my expectation that we will continue to see the regional economy improving as we move through the balance of the year.
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May 03, 2017
Southern California Real Estate Market Update
Posted in Market News and Southern California Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
The markets covered by this report, which include Los Angeles, San Diego, San Bernardino, Orange, and Riverside Counties, added 115,900 new jobs between February 2016 and February 2017, and the unemployment rate dropped from 5.2% to 4.6%. This represents fewer new jobs than were seen in our last report, but as we continue to move toward “full employment”, a slowing in employment growth...
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