Real Estate

What Is an Adjustable-Rate Mortgage (ARM)? What Is an Adjustable-Rate Mortgage (ARM)? An adjustable-rate mortgage, or ARM, is a type of home loan that starts with a fixed interest rate for a specified period of time, typically five years. After that initial period ends, the interest rate will adjust annually based on current market conditions. […]

Are We in a Housing Recession? by Matthew Gardner   Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. A little while ago, a housing analyst was being interviewed about the current state of the residential market and they suggested that the country is in a “housing recession.” Well, needless […]

🚨 Here it is folks! The SEPTEMBER 2022 Whidbey Island Real Estate Market Update (rolling 12-month report). CLICK HERE TO GET THE PRINTABLE PDF!   🗺️ Stats are separated by area: South, Central, & North Whidbey, and incorporate data from the 12 months prior to our current month.   🏡All stats represent only the residential […]

The Continued Decline of the Housing Market Index by Matthew Gardner     Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. Today we are going to take a look at the new home market where headwinds are certainly growing. And the reason this particular subject piqued my interest […]