As we round out the first quarter of 2022 and head into the notorious Spring Market there are a handful of factors that should be considered whether you are a buyer or a seller. Paying attention to the anticipated increase in housing supply, monitoring buyer demand, and assessing the effects of rising interest rates on the market, are current influencers but also have some historical merit. How will these factors affect home prices, buyer opportunities, and overall market conditions? It is important that as we look forward, we also look back, as keeping a well-researched, educated perspective will lead to success.

HOUSING INVENTORY IN BLOOM
April through July historically have the most homes coming to market during a given year. We are sitting at the starting line of selection! Buyers who have been battling through the first quarter (Q1) and find themselves discouraged need to stay calm and carry on into these listing-heavy months. The increase in supply will provide opportunities to win a house as more selection will decrease the number of offers on each house. We are already starting to see the double-digit multiple offers temper to 3-6 offers and sometimes even just one, as the number of listings has grown month-over-month since January.

This increase in supply will also start to moderate price escalations. There were very large price escalations in Q1; the average list-to-sale price ratio in February 2022 in Snohomish County was 10% and 11% in King. Many new listings will come to market this spring on the shoulders of those price gains which will reduce the escalation amounts. We like to call this stair-stepping up the list price based on recent sales. We still anticipate price appreciation but expect the month-over-month growth to decelerate off of these high peaks in Q1. This will create some ease for buyers who stay engaged with their home search.

BUDDING BUYER DEMAND CONTINUES TO OUTPACE SUPPLY
As we track pending sales through March, they continue to track with or outpace new supply depending on which area. This is an indicator that there will continue to be buyer demand to sustain the increase in new listings that are coming this spring. Many buyers are still positioning their pandemic-influenced housing needs and making moves due to work-from-home options. In addition, there is a large population of Baby Boomers transitioning to their right-size homes and a wave of Millennials are poised to make their entrance into homeownership. Buyer demand will be met with more selection over the coming months.

Speaking of first-time buyers, it is extremely important that they understand that besides the lifestyle decision of owning a home, they are making an important investment. Real estate is one of the strongest, if not the strongest wealth-building assets available. Paying towards your own asset vs. your landlord’s will help build net worth as your home appreciates. As a first-time buyer, it is as much about securing the wealth-building asset as it is about choosing an ideal place to live. Buyers always need to make concessions on either price, location, or features, but in the end, will end up with an appreciating asset that will start to build their financial future.

GROWING INTEREST RATES
Interest rates have taken a ride up over the last month as the first increase by the Fed was made to help combat inflation. An increase in interest rates has been predicted for some time, and it is finally happening after several years at all-time historic lows. It will be critical that buyers monitor the rates closely to make sure they relate the monthly payment to the price they are able to and willing to pay. Also, buyers can get creative with their lender and choose to buy down their rate in order to secure a lower rate, hence a lower monthly payment. Aligning with a skilled lender to help navigate the changing environment will be critical.

It is also important for consumers to understand that rates are still well below the 30-year average of 7.5%. This perspective is key, along with understanding that rates are probably not to their 2022 peak yet according to the experts. Acting sooner rather than later will help secure a lower debt service for your long-term investment. While the “tell-your-grandkids” rates of 2.75-4% may be gone, there is still an amazing story to tell where we sit now!

WHAT DOES THIS ALL MEAN FOR PRICES?
Seasonal increases in selection will start to temper the month-over-month increases in prices and higher rates may put downward pressure on price growth, but homeowners are still sitting on top of a heap of price appreciation. Price appreciation over the last 5 years has been formidable across our nation.

In Snohomish County, prices are up 23% complete year-over-year and up 73% from 5 years ago. In King County, prices are up 15% complete year-over-year and up 54% from 5 years ago. Historical average price appreciation is closer to 3-5% annually, so taking into account gains over the last handful of years is important to have a balanced perspective. The bottom line is sellers are equity rich and have advantageous options to make moves!

If you have been considering a move and are curious about the value of your home in today’s market, please reach out. I would be happy to assess your home’s value and help you start to formulate a plan. If you have been beaten up as a buyer in Q1, I urge you to stay in the game, you are at the cusp of opportunity. Buyers and sellers need each other now, more than ever. There will be more flexibility in the market with more selection. The inventory environment we have been in has been so intense. We are ready for the intensity to ease and for the market to be a bit more fluid.

All indicators point toward another positive year in real estate as we enter the spring market. It is always my goal to help keep my clients informed and empower strong decisions. Please reach out if I can help you or someone you know navigate their real estate goals.

You’re invited to our annual Paper Shredding Event & Food Drive. We partner with Confidential Data Disposal to provide a safe, eco-friendly way to reduce your paper trail and help prevent identity theft.

Saturday, April 9th, 10AM to 2PM*
4211 Alderwood Mall Blvd, Lynnwood
Bring your sensitive documents to be professionally destroyed on-site. Limit 10 file boxes per visitor.

This is a paper-only event. No x-rays, electronics, recyclables, or any other materials.

We will also be collecting non-perishable food and cash donations to benefit Volunteers of America Western Washington food banks. Donations are not required, but are appreciated. Hope to see you there! *Or until the trucks are full

A lot has happened in our world since the first of the year, specifically the rise in inflation and the recent Russian invasion of Ukraine. These factors can influence consumers and affect the housing and financial markets. Additionally, global unrest has had a clear influence on interest rates, driving them back down after a 1-point increase since November 2021.

Please listen to the latest video update from Windermere’s Chief Economist, Matthew Gardner (link below) that was released this Monday, 3/7/22. He provides updated insights and projections for the housing market and interest rates for 2022 and beyond, some of which have been adjusted since his January forecast.

It is always my goal to help keep my clients informed and empower strong decisions. At Windermere, we are so fortunate to have Matthew in our corner providing such expertise to help us help our clients strategically navigate the environment. Please reach out if you have any questions or if you would like to discuss how your goals relate to the market.

As Matthew stated in the video above, it is important that we keep interest rates in perspective. The chart below illustrates where rates are hovering today and where he and other experts expect to see them by the end of the year and how that affects monthly mortgage payments (principal & interest only).

We also have included the 30-year average rate to show the historical significance of today’s low rates. Even though rates have come up 1 point since the absolute bottom level in January 2021, they are still much lower than the historical average, and they are helping to offset affordability challenges.

However, at some point, rates could reach 5% which could put downward pressure on prices like the last time rates reached that level in the latter part of 2018. It is all about how the monthly payment pans out based on the rate. The variable effect of rates on prices will find its balance based on buyer appetites for monthly payment amounts.

You’re invited to our annual Paper Shredding Event & Food Drive. We partner with Confidential Data Disposal to provide a safe, eco-friendly way to reduce your paper trail and help prevent identity theft.

Saturday, April 9th, 10AM to 2PM*
4211 Alderwood Mall Blvd, Lynnwood
Bring your sensitive documents to be professionally destroyed on-site. Limit 10 file boxes per visitor.

This is a paper-only event. No x-rays, electronics, recyclables, or any other materials.

We will also be collecting non-perishable food and cash donations to benefit Volunteers of America Western Washington food banks. Donations are not required, but are appreciated. Hope to see you there!

*Or until the trucks are full

2022 has had an incredibly eventful start in our local real estate market. In January, the average list-to-sale price ratio (the percentage a house sells for in comparison to the list price) in King County was 105% and in Snohomish County it was 106%. This is in conjunction with complete year-over-year median price appreciation (the last 12 months of price growth averaged and compared to the previous 12 months of price growth) of 15% in King County and 23% in Snohomish County. In fact, 59% of homeowners in King County have more than 50% home equity and 55% of homeowners in Snohomish County have over 50% home equity.

With that said, how does one navigate successfully transitioning that equity to their next move, and who do they choose to help them with the job? With inventory at an all-time low and interest rates still hovering around 4%, buyer demand is high. There is no denying that homes sell quickly in this environment and oftentimes for over list price due to multiple offers. There are many different business models available to consumers when selecting who they align with to help them make this very important move. There are brokerages that will offer an up-front rebate on the commission and there are full-service brokerages, with a lot in between.

Before I highlight what a full-service brokerage, like Windermere North, has to offer a seller I want to show you some numbers rooted in seller results. In 2021, my office, Windermere North, outperformed the market – we sold homes faster and at a higher return!

Even as we track our statistics so far in 2022, according to NWMLS data, my office’s average list-to-sale price ratio for King and Snohomish Counties combined, including both residential and condo sales, was 114% and 4 days on the market. This compares to the average market results of 105% and 19 days on the market.

Our approach involves a strategic home preparation process, detailed price analysis, and keen negotiations. You might ask what type of negotiations happen when a seller is reviewing a stack of offers; actually, more than you know. Sifting through the terms of offers and vetting the buyers through rapport-building with their broker and lender helps us unearth who the most qualified buyer is to get into contract with. This takes extra time and skilled communication, but as you can see, these extra steps pay off for our sellers.

We also understand that getting a home ready for market can be a daunting task, but the upside is too measurable to ignore. We help our clients identify a punch-list of prep items and match them up with concierge-level service providers to help complete the work. Even if our sellers are limited in funds to prep their home, we have funds available for no up-front costs. Please reach out if you think this would be helpful.

Then the merchandising comes in (depending on the house): staging, professional photography, video, floorplans, print materials, and public exposure is planned and executed. Our listings hit the market perfectly positioned for buyers to see themselves living there and we invest in this on behalf of our sellers. We help connect the emotional dots that invoke buyers’ lifestyle goals resulting in high returns for our sellers.

Lastly, perspective is key! Markets shift, ebbing and flowing. Pricing a home is strategic and requires analysis of the recent sales, historical seasonality, and current market trends. This research is done sifting through data, but also with intangible outreach to fellow brokers inquiring about their experiences and gleaning conclusions. Also, physically touring the inventory, whether I’m showing buyers or walking through to see for myself, helps me understand how a home measures up and what buyers are looking for. All of these steps are over-and-above the norm and help contribute to the results my office is producing.

If you are considering a move, make sure you align yourself with a trusted advisor who is willing to put in the extra work to get you the best possible results. Navigating an extreme sellers’ market takes great skill and care to garner the best results. If done right, that skill and care will beat out any upfront discount a less-engaged broker will offer to win a listing. Make sure you consider the big picture, not just an immediate reward. Understand that who you choose to partner with to assist you with one of the biggest financial decisions a person ever makes is a very big deal. It is always my goal to help keep my clients well-informed and empower strong decisions. Please reach out if you think I can help you or someone you know, whether you are just curious about the market or you’re ready to make a move.

Cheers to 50 Years!
Fifty years of relationships, 50 years of giving back to our communities, and 50 years of growth. In 1972, Windermere Real Estate was founded by John Jacobi in the Sand Point neighborhood of Seattle, WA. Since then, Windermere has expanded to 10 states including Washington, Idaho, Oregon, Montana, California, Arizona, Nevada, Utah, Hawaii, and Colorado. Our network reaches over 300+ offices and 7,000+ brokers.  I can tap into our network of offices in the states above and I can also access Leading Real Estate Companies of the World beyond our Windermere network to help you find a like-minded broker for your out-of-area needs.

Even better, Windermere has donated just over $46 Million through the Windermere Foundation, giving funds back to the communities in which we serve. Windermere’s collective goal in 2022, is to get the Windermere Foundation to the $50 Million mark to help commemorate this monumental anniversary. Here’s to another impactful 50 years serving our communities through relationships, homeownership, and community outreach.

How a home is prepared for the market has a direct economic effect on the results a seller will have in the marketplace. Making home updates to match today’s trends, repairing deferred maintenance items, deep cleaning, and home staging all help contribute to a higher return for home sellers and less time on the market. According to the National Association of Realtors, 82% of home buyers said that staging and proper home preparation helped them better visualize a property as their future home. Even in the brisk seller’s market we are currently experiencing, it has paid off for sellers to get their properties ready for market in order to reap the highest return in the quickest amount of time. This is why Windermere has partnered with Move Forward Financial and developed the Windermere Ready Loan.

The Windermere Ready Loan allows our home sellers to receive access to funds to make home improvements and merchandise their homes for the market with no upfront cost. Clients can borrow up to $50,000 as long as the Windermere Ready Loan and any other encumbrances on the property do not exceed 75% of the market value. With the majority of Puget Sound cities having experienced 15-25% in price appreciation over the last year or two, this loan-to-value ratio is very manageable.

Even better, this program does not require a costly appraisal, but just an approved Comparative Market Analysis (CMA) from their Windermere broker and their office manager. Once that is done, approval can happen as fast as 2 business days and the loan can fund in 10 business days. In comparison to a cash-out refinance or home equity line of credit which both can take up to 60 days, the turnaround time is minimal.

The loan fee is 4% (based on the loan amount) and is due only once the subject property closes and requires no interest payments. There is a nominal $20 credit reporting fee and a $20 administrative fee collected at closing as well. Loans must fund within 60 days of approval and are due within 6 months of funding.

Clients do not need to present bids, only a predetermined amount they want to borrow that does not eclipse the 75% loan-to-value amount. Clients can also choose their own contractors. I also have a list of preferred contractors that I can access to help concierge the home-preparation experience for my clients.

I understand that getting a home ready to sell is not always an easy feat, but one worth the effort to get the most optimal outcome. If you are interested in learning more about this program, please reach out. I am happy to answer more questions, assist you in the process and help you get your home Windermere Ready in 2022!

Please join me for a very special virtual live event:

AN ECONOMIC FORECAST FOR 2022 & BEYOND
with Matthew Gardner, Chief Economist for Windermere Real Estate

Wednesday, January 19, 2022
6:30pm – 8pm

Presentation from 6:30-7:30pm, Q&A to follow

Please RSVP by phone/text or email by January 14th, 2022
to receive an emailed event link prior to the event.

This holiday season, I invite you to join me in this tangible way of showing gratitude and support to our healthcare workers, who have worked so long and hard under the most difficult circumstances.

In tandem with The Windermere Foundation and local non-profit We Got This Seattle, my office is collecting donations that will be used to purchase meals from local restaurants. We will be personally delivering these meals over three weeks to a coordinated point person at Providence Hospital in Everett, Swedish Edmonds, and UW Medical Center-Northwest. Meals and treats will be distributed to frontline workers such as nurses, doctors, respiratory therapists, and cleaning staff.

We are still collecting donations for UW Medical Center – Northwest. You can donate here through December 27th.

Results so far:

• $1,345 donated for meals to Providence Everett, we delivered 150 meals on December 16th!!!
• $2,105 donated for meals to Swedish Edmonds!! We will deliver meals right around the Christmas holiday.

Thank you for your generous gifts in support of our community.

Happy Holidays!

At Windermere, we have the benefit of being expertly guided by our Chief Economist, Matthew Gardner. Every year he shares his predictions for the US Economy and Housing Market. I have included a list of highlights below along with a link to a video where he spells it all out.

Matthew’s Forecast for the US Economy:

• The US will still continue to feel the effects of the COVID-19 pandemic on the economy. He acknowledges that we are healing, but still experiencing drag due to supply chain delays and Covid-sensitive consumers. He expects this to improve as we head into spring and the second half of 2022.
• He predicts a 4% increase in GDP in 2022.
• Even though we are still experiencing supply chain delays and labor shortages he does not anticipate a recession.
• He predicts more robust job growth in 2022 and returning to pre-Covid employment in the second half of 2022.
• Inflation is still very much affected by supply chain issues and labor shortages, but he sees that settling out mid-2022.
• Interest rates will help to counteract inflation and will start to increase in 2022, but not crest 4%.

Matthew’s Forecast for the US Housing Market:

• There will be a modest reduction in home sales year-over-year, but realize this is coming off of a high volume of sales in 2021.
• After a record-breaking 16% increase in median price in 2021, he predicts a 7% increase in median price year-over-year in 2022. This slow down in appreciation will be due to increased interest rates, affordability, and a slight increase in supply.
• Housing starts will increase, but more importantly, construction completion will increase due to supply chain issues and labor shortages improving.
• Interest rates will increase towards 4% as we travel through 2022, but will still be well below the 30 year average of 7.5%.
• There will not be a housing bubble due to high demand for housing, job growth improving, and the overall recovery of the US economy.
• He is not concerned about forbearance, but more so affordability for the aging millennial generation who would like to purchase their first home.
• He sees the housing market moving towards more balance in 2022 after an incredible year of growth in 2021.

Look for Matthew’s local economy and housing market predictions from me in January.  My office is also hosting a virtual Economic Forecast event with Matthew on January 19th.  Stay tuned for more information.

Overall, this is a positive outlook weighted with some real challenges that we still face as we recover from the global pandemic. It is always my goal to help keep my clients well-informed and empower strong decisions. Please reach out if you are curious about how the housing market relates to your goals or if you’d like to attend the virtual economic forecast event with Matthew in January.

Thank you to everyone who donated to our Thanksgiving food drive! Because of your generosity, we were able to give The Volunteers of America Food Banks a check for $3,075 and 2,169 pounds of food! That will provide a total of 3,498 meals for our community.

Food insecurity is one of the most prevalent social issues of our time. VOA food banks, food pantries, and distribution center all exist to tackle hunger in our community and also serve as touchpoints to connect our neighbors with other basic needs.

Thank you!

This holiday season, I invite you to join me in this tangible way of showing gratitude and support to our healthcare workers, who have worked so long and hard under the most difficult circumstances.

In tandem with The Windermere Foundation and local non-profit We Got This Seattle, my office is collecting donations that will be used to purchase meals from local restaurants. We will be personally delivering these meals over three weeks to a coordinated point person at Providence Hospital in Everett, Swedish Edmonds, and UW Medical Center-Northwest. Meals and treats will be distributed to frontline workers such as nurses, doctors, respiratory therapists, and cleaning staff.

All funds collected through:
12/6-13 will provide meals to Providence Everett
12/14-20 will provide meals to Swedish Edmonds
12/21-27 will provide meals to UW Medical Center – Northwest

>> Click here to donate!

Thank you for your generous gifts in support of our community.

Happy Holidays!

The recent news of Zillow’s plan to shut down their iBuyer program due to a $328 million loss in the third quarter has heads spinning in the real estate world and on Wall Street.  Sadly, Zillow plans to eliminate 25% of its workforce because of its decision to move away from the practice of purchasing and re-selling homes due to their mismanagement of property price evaluations.  “Fundamentally, we have been unable to predict the future pricing of homes to a level of accuracy that makes this a safe business to be in,” Zillow CEO Rich Barton.

This is a bold statement from a CEO who built their company on a computer algorithm that spits out a home value called, the Zestimate.  A Zestimate is an AVM (Automated Valuation Model).  The product of an automated valuation technology comes from analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable selling price of a residential property.  An AVM generally uses a combination of two types of evaluation, a hedonic model and a repeat sales index.  The results of each are weighted, analyzed, and then reported as a final estimate of value based on a requested date.

Zillow’s iBuyer program sought to find eager home sellers who wanted a quick, no-nonsense sale.  They would present a cash offer based on their algorithm and close on a mutually agreed-upon date.  After closing, Zillow would turn these properties around with some improvements and bring them back to the market.  This is often labeled a “flip”.  The problem was Zillow overpaid for the majority of their purchases which proved that their computer-generated evaluation (AVM) lacks market accuracy.

On average, they re-sold these homes for $80,800 less than what they purchased them for.  Thorough market research that includes touring the subject and neighboring properties, seeking info from other brokers about the terms of recent sales and overall experience helps to determine accurate market conditions in comparison to the swirl of data used to establish the Zestimate.  Computers can’t do this type of in-depth research, nor do they have the instinct to predict shifts in the market, but humans (real estate brokers) can!

Often times when I am talking with potential sellers, their Zestimate (or other AVMs) come up in the overall conversation. I understand why, too. This is information that is relatively easy to access and gives the seller a starting point on the value of their home. Where an AVM can become dangerous is when a consumer thinks it’s the be-all, end-all. Even worse, when a consumer makes a major financial decision solely based on this information. According to Zillow, 39% of all Zestimates in the Seattle metro area are not within 5% of the actual value. In fact, they publish an accuracy report that you can access here.

In October, the median home price in the Seattle Metro area was $850,000. With 39% of all Zestimates not within 5% of the actual value, that is a beginning margin of error of $42,500! Further, they claim that 82% of their Zestimates are within 10% of the actual value, which is a marked difference – up to $85,000. Where AVMs are incomplete is that the basis of their formula is tax records, which in my experience are often inaccurate. Also, and most importantly, an AVM does not take into consideration the condition of the home, the neighborhood, and other environmental impacts such as school district, road noise, and unsightly neighboring homes, to name a few.

So why does the Zestimate exist? Zillow is a publicly-traded company (ZG) and their website is the vehicle to create profit. The Zestimate drives consumers to the website who are often dipping their toes in the pool to see what their home might be worth or searching available homes for sale. When a consumer is searching on Zillow’s website they are surrounded by real estate broker and mortgage broker ads on every page. These real estate brokers and mortgage brokers are paying for that advertising space, which is how Zillow makes its money and why there is a Zestimate. The Zestimate is not a public service, it is a widget to bring eyes to their advertising space which in turn, sells more ads to brokers looking for leads.

The moral of the story is this: use Zillow as one of the many tools in your real estate evaluation and search toolbox. Zillow provides a great starting point and contains a ton of information to whet your palate when embarking on a real estate endeavor. However, we live in a time of information overload and we are overstimulated at best. Nothing beats the evaluation and discernment of a knowledgeable and experienced real estate broker to help you determine accuracy, which will lead to the empowerment of clarity.  At Windermere, we like to call this, The Human Algorithm.

If you are curious about the value of your home in today’s market, please contact me. I can provide an annual real estate review of all of your real estate holdings, and can even dive deep into a complete comparative market analysis if you would find that helpful. It is my goal to help keep my clients informed and empower strong decisions.

Zillow® and Zestimate® are trademarks of Zillow, Inc.

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.

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.

Embarking on a home purchase in a seller’s market can be intimidating, but it can be done. Long-term price growth confirms that owning a home is a key element to building household wealth. Home equity gained over time is typically the largest asset that contributes to a household’s net worth. Homeownership is not only an investment, but also provides shelter and fits the lifestyle needs of the owner. We have seen many lifestyle-driven moves during the pandemic highlighting the value of location and features for buyers. Also, with the advent of remote work, many buyers have been able to be more flexible in determining their top locations. This has contributed to stronger price growth in suburban and rural locations.

Buyers having a well-thought-out plan is paramount to finding success in today’s market. Partnering with their broker to assess their budget and how it relates to the location(s) and features they desire is the strategic formula that helps a buyer gain clarity. Buyer clarity is what leads a buyer to be able to make a sound decision to offer on a home. If a buyer is not clear, they will not be empowered to make a decision; in turn elongating the process and costing them more money. We have seen intense price growth since the beginning of the year illustrating the cost of waiting. In King County median price is up 16% year-over-year and up 21% in Snohomish County.

The tool that we use to help a buyer determine a productive search for their new home is The Triangle of Buyer Clarity. It is an expert tool for a buyer to help determine the parameters of their home search in order to save them time and money. The relationship between Price, Location, and Features/Condition is paramount in helping a buyer gain clarity and efficiency in their search.

Helping buyers stay focused on the reality of what their budget can afford them by applying The Triangle is an effective tool. For instance, if a buyer is set on a turn-key home that requires minimal updates, they may have to go up in price or further out in location, or both. The sides of The Triangle are often adjusted to make an uneven triangle, resulting in an effective home search and a successful purchase. An equilateral triangle is like a unicorn; buyers often have to adjust at least one side of the triangle to match the market with their ability to perform. Now here’s the geometry lesson: a buyer will often start the process with an equilateral triangle in mind, but will find success with either an isosceles (two equal sides) or a scalene (no equal sides) triangle. The moral of the geometry lesson is we have to be willing to compromise.

Understanding that compromise is OK and that it is actually a tool is when a buyer gains the clarity they need to successfully move forward. This is even further nuanced when two people are buying a home together; the adjustments must be done as a team. A skilled broker is well-versed in helping guide this process and making sure each participant is being heard and hearing each other. At the end of the day, real estate is a relationship business, and effectively curating this process is dependent on trust and care.

Helping buyers find their next home is one of the most joy-filled activities I have the honor of being a part of. It may appear simple, but it is not. The crucial conversations, contemplation, and planning that happen in order to find success are intentional. Taking the time upfront to analyze my buyers’ goals instead of just jumping in the car and starting to look at homes is a responsible part of my process that builds trust and effectively leads to success. It is my goal to help keep my clients well informed in order to empower thoughtful decisions. If you have any questions about the market or you’re ready to dive in, please reach out.

On this episode of “Monday with Matthew,” Matthew analyzes the latest Home Purchase Sentiment Index survey by Fannie Mae which helps us understand how buyers and sellers are feeling about the housing market.