Local Economy

Local Economy How Tax Reform Affects Homeowners…What You Need to Know! New tax legislation was signed into law at the end of 2017, and it included some significant changes for homeowners. These changes took effect in 2018 and do not influence your 2017 taxes.  Here’s a brief overview of this year’s tax changes and how they may affect you.     The amount of mortgage interest you […]
Buying & Selling 2018 Housing Forecast: Where are we headed? What lies ahead for the local housing market in 2018? We sat down with Windermere Chief Economist Matthew Gardner to get his thoughts. Here are some highlights: Home prices will continue to increase, but at a slower pace The strong local economy, high demand and very low inventory will continue to boost home values in […]
Local Economy The Gardner Report – Second Quarter 2017 Economic Overview The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income […]
Local Economy Best Places In Washington To Raise A Family WalletHub, whose website helps with all things credit and personal financial choices, has recently put together a list of the Best Places to Raise a Family in Washington. The Eastside is strongly represented in the Top 10 and looks to rank pretty high overall! According to their report, “Washingtonians earn the 12th highest per-capita personal […]
Local Economy The Gardner Report – Fourth Quarter   ECONOMIC OVERVIEW Washington State finished the year on a high with jobs continuing to be added across the market. Additionally, we are seeing decent growth in the area’s smaller markets, which have not benefitted from the same robust growth as the larger metropolitan markets. Unemployment rates throughout the region continue to drop and the […]
Buying & Selling 2017 Housing Forecast: Local Market No. 4 in US According to Veros Real Estate Solutions, the Seattle-Tacoma-Bellevue market is projected to be the fourth hottest real estate market in the U.S. in 2017. The company projects home prices to appreciate 10.2 percent in our region next year, far outpacing the rest of the country. If you’re thinking about selling, the timing couldn’t be better. […]
Local Economy Will Seattle Be Part of the Next Big Tech Corridor? Seattle and Vancouver, B.C. are two nearly identical cities in the Pacific Northwest. We’re both eco-conscious, have similar weather patterns, and are creating exceptional technologically-based economies. Vancouver has more in common with Seattle than it does with any of its other Canadian cities even though they are separated by an international border and 140 miles […]
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