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.
Here 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