Saturday, July 30, 2016

The Gardner Report

Windermere has it's own Real Estate Chief Economist and his name is Matthew Gardner. Each quarter he publishes a quarterly report and the second quarter report for 2016 has just been made available.

From this report he comments that we continue to see strong employment that's outpacing the national rate for job gains. There is confidence that this will continue throughout the year.

He then addresses a topic that we keep hearing about in the news. The continued number of home sales and the lack of inventory. We're still seeing more demand than inventory. This also includes nine counties in the state where the annual price growth exceeded 10%. Snohomish County is now also a market where it usually takes less than one month to sell a home.

If you would like to read the report in it's entirety, here is a link. The Gardner Report

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