My Blog

Understanding the Current Shift in the Real Estate Market: How Interest Rates Affect Prices

By Andrea Wetzel | Aug 15, 2022

As we continue to examine the shift in the market, we must take a moment to take a deep dive into interest rates. Since the first of the year, long-term interest rates have increased 2.7% from 3.11% on 12/30/21 to the peak of 5.81% on 6/23/22, but have started to level out. On 8/4/22 rates […]

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Understanding the real estate market shift: Location is key!

By Andrea Wetzel | Jul 20, 2022

There is an old adage in real estate: location, location, location. Where a property is located has the biggest influence on its value. Through the pandemic years, we saw a shift in how the location was valued. Before remote working became more common, homes located in neighborhoods that were closer to job centers such as Seattle were at […]

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Quarterly Market Reports for Q2 2022

By Andrea Wetzel | Jul 18, 2022

As we head into the second half of 2022, we are experiencing a shift in the real estate market. The market is starting to balance out after two years of an intense seller’s market. Q1 this year had the lowest amount of inventory we have ever seen, which put upward pressure on prices. With the […]

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Summer Food Drive!

By Andrea Wetzel | Jun 21, 2022

Every year since 1984, Windermere has designated one day to help make a positive difference in the communities where we work and live. 2022 is the 7th year that my office has spent this day working to put fresh produce on the tables of local families who need a little help. On June 10th, my […]

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Understanding the Current Shift in the Real Estate Market: PERSPECTIVE IS KEY!

By Andrea Wetzel | Jun 6, 2022

“How’s the market?” is a question I am asked all the time. It is a common segue in casual conversation over the neighbor’s fence, at a party or family gathering. Now more than ever, the answer to this question is critical and detailed. You see, our market is experiencing a shift, a slowing down of price growth, if […]

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Local Farmers Markets: 2022

By Andrea Wetzel | May 31, 2022

When you shop at a local Farmers Market, you’re buying outstanding freshness, quality and flavor. Knowing exactly where your food comes from and how it was grown provides peace of mind for your family. Plus, you’re supporting a sustainable regional food system that helps small family farms stay in business; protects land from over-development, and […]

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Summer Events 2022

By Andrea Wetzel | May 26, 2022

There are so many activities offered within the beautiful PNW, here are just a handful coming up this summer. Maybe I’ll see you at one of these events! September 7 – First Day of School (Edmonds School District) ONGOING SUMMER SERIES

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The Gardner Report

By Andrea Wetzel | May 10, 2022

At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but he is a coveted resource […]

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Quarterly Reports – Q1 2022

By Andrea Wetzel | Apr 18, 2022

The 2022 real estate market started with a bang! We started the year with the lowest amount of available inventory we’ve ever seen coupled with interest rates a point lower than they are now, along with a plentiful buyer pool due to a strong job market and work-from-home influenced moves. The combination of supply and […]

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