September 20, 2017
New Home Construction
Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere Real Estate
Developers are not building enough single family homes to keep up with demand. The reason why? Cost. Windermere's Chief Economist, Matthew Gardner explains why new construction is so cost prohibitive and how to shift the trend.
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September 06, 2017
How to Get Back to a Balanced Housing Market
Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere Real Estate
The housing market, especially on the West Coast is out of balance. Windermere's Chief Economist talks about why we are experiencing an affordable housing crisis, and how the market can gain equilibrium again, benefiting both home buyers and sellers.
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August 29, 2017
Housing Supply is an Issue that Will Not Improve Any Time Soon and Here’s Why
Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate
There are two common concerns about the housing market that one hears from both consumers and real estate professionals alike. First, they question whether or not we are on the brink of another housing bubble, and second, they want to know why there aren’t more homes for sale.
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August 28, 2017
Housing Supply is an Issue that Will Not Improve Any Time Soon and Here’s Why
Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate
There are two common concerns about the housing market that one hears from both consumers and real estate professionals alike. First, they question whether or not we are on the brink of another housing bubble, and second, they want to know why there aren’t more homes for sale.
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August 25, 2017
How Homeownership Impacts the U.S. Economy
Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere Real Estate
Windermere's Chief Economist, Matthew Gardner, explains how a strong, stable housing market is critically important to the overall U.S. economy.
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August 18, 2017
Should You Wait out the Housing Market?
Posted in Economics 101 Videos by Matthew Gardner, Chief Economist, Windermere Real Estate
The housing market is remarkably tight across the U.S., and you may be wondering if you should wait for home prices to slow before making your move. Windermere's Chief Economist, Matthew Gardner, shares why waiting could end up costing you more money in the long run.
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August 07, 2017
Idaho Real Estate Market Update
Posted in Idaho Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Idaho has added 16,800 new jobs over the past 12 months, representing an above average growth rate of 2.4%. The Education & Health Services sector showed the largest annual job growth, up 4.8%. There were also strong employment gains in Construction, Government Services, Leisure & Hospitality, and Manufacturing.
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August 04, 2017
Central Washington Real Estate Market Update
Posted in Central Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Like much of the rest of the state, Central Washington continues to experience modest employment growth. An additional 1,300 jobs were created between May 2016 and May 2017, which drove the unemployment rate lower (from 6.3% to 5.4%). I believe we will see continued growth in employment, leading to further declines in the unemployment rate through the duration of 2017.
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August 02, 2017
Oregon and Southwest Washington Real Estate Market Update
Posted in Oregon and Southwest Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Oregon has added 46,500 new jobs over the past 12 months with impressive gains seen in the professional and business services, leisure and hospitality, and trade sectors. Also of interest is that the construction sector continues to expand rapidly, potentially signifying greater interest in adding to the region’s housing supply...
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August 01, 2017
Eastern Washington Real Estate Market Update
Posted in Eastern Washington Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Like much of the rest of the state, Eastern Washington continues to experience modest employment growth, which is driving the unemployment rate lower. I also expect to see continued growth in employment as we move through the balance of the year.
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