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November 21, 2017

Snapshot of Western Washington Real Estate Market

Windermere Real Estate's Chief Economist, Matthew Gardner, releases the Gardner Report every quarter analyzing Western Washington's real estate market by looking at both the residential and commercial/industrial markets, doing financial analysis, and looking into land use and regional economics.

WWA Gardner Report Q3 2017_Single Page_Page_4Here is a snapshot of The Gardner Report's Third Quarter 2017  analysis:

  • Economic Overview
    • Washington State economy added 79,600 new jobs over the last 12 months - a growth rate of 2.4% 
    • State unemployment rate continues to fall - it is currently at 4.6%, which is essentially full employment
    • Matthew Gardner anticipates that the Washington State economy will continue to outperform the US  due to this expansion and solid income growth

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