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Jordan Stupey | Homes by JRS, Blog

Monday, May 3, 2021   /   by Jordan Stupey

Newsletter - Economy & Housing Market Update

 
 
Matthew Gardner is the Chief Economist at Windermere and a sought-after expert on real estate, both locally and across the country. Every quarter, Matthew breaks down the real estate market by region and provides the Gardner Report; you can read this quarter's full report here.  Additionally, he also provides a monthly video report touching on the latest trends and hot topics concerning the real estate market. Click on the image below to view his latest Monday with Matthew video.

If you have any questions or curiosity about the current real estate market that you would like to discuss, please reach out. Are you curious about the value of your home, are you contemplating a move, or considering a new purchase? I can help! It is always my goal to help empower my clients to make strong financial decisions and to help them understand how real estate can positively affect their lifestyle.
 


 
 
Thank you to everyone who came through our shredd. ...

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Tuesday, April 20, 2021   /   by Jordan Stupey

South Snohomish County Quarterly Market Trends – Q1 2021

Q1 2021 signified a measurable shift in the real estate market. Demand since the first of the year has been brisk, proving Q1 2021 to be one of the most impactful times in market history! Interest rates remain historically low, helping to offset the cost of price appreciation. Rates and the lucrative tech-influenced job market have helped pending sales outpace new listings.
 
Additionally, the convergence of Millennials, Gen Xers, and Baby Boomers making big lifestyle moves due to the low cost of debt service, work-from-home options, and formidable equity has the market frothy. Nationally, 30% of all homeowners have over 50% equity in their home, leading people to make moves with large down payments.
 
Days on market were swift and price gains were well above average in Q1. As we head into Q2, we are confident the months ahead will provide traditional inventory gains providing buyers more selection. We would welcome a tempering in price gro. ...

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Tuesday, April 20, 2021   /   by Jordan Stupey

North King County Quarterly Market Trends – Q1 2021

Q1 2021 signified a measurable shift in the real estate market. Demand since the first of the year has been brisk, proving Q1 2021 to be one of the most impactful times in market history! Interest rates remain historically low, helping to offset the cost of price appreciation. Rates and the lucrative tech-influenced job market have helped pending sales outpace new listings.
 
Additionally, the convergence of Millennials, Gen Xers, and Baby Boomers making big lifestyle moves due to the low cost of debt service, work-from-home options, and formidable equity has the market frothy. Nationally, 30% of all homeowners have over 50% equity in their home, leading people to make moves with large down payments.
 
Days on market were swift and price gains were well above average in Q1. As we head into Q2, we are confident the months ahead will provide traditional inventory gains providing buyers more selection. We would welcome a tempering in price gro. ...

Read More

Tuesday, April 20, 2021   /   by Jordan Stupey

Eastside Quarterly Market Trends – Q1 2021

Q1 2021 signified a measurable shift in the real estate market. Demand since the first of the year has been brisk, proving Q1 2021 to be one of the most impactful times in market history! Interest rates remain historically low, helping to offset the cost of price appreciation. Rates and the lucrative tech-influenced job market have helped pending sales outpace new listings.
 
Additionally, the convergence of Millennials, Gen Xers, and Baby Boomers making big lifestyle moves due to the low cost of debt service, work-from-home options, and formidable equity has the market frothy. Nationally, 30% of all homeowners have over 50% equity in their home, leading people to make moves with large down payments.
 
Days on market were swift and price gains were well above average in Q1. As we head into Q2, we are confident the months ahead will provide traditional inventory gains providing buyers more selection. We would welcome a tempering in price gro. ...

Read More

Tuesday, April 20, 2021   /   by Jordan Stupey

Seattle Metro Quarterly Market Trends – Q1 2021

Q1 2021 signified a measurable shift in the real estate market. Demand since the first of the year has been brisk, proving Q1 2021 to be one of the most impactful times in market history! Interest rates remain historically low, helping to offset the cost of price appreciation. Rates and the lucrative tech-influenced job market have helped pending sales outpace new listings.
 
Additionally, the convergence of Millennials, Gen Xers, and Baby Boomers making big lifestyle moves due to the low cost of debt service, work-from-home options, and formidable equity has the market frothy. Nationally, 30% of all homeowners have over 50% equity in their home, leading people to make moves with large down payments.
 
Days on market were swift and price gains were well above average in Q1. As we head into Q2, we are confident the months ahead will provide traditional inventory gains providing buyers more selection. We would welcome a tempering in price gro. ...

Read More