Although the job market in Western Washington continues to grow, the pace has started to slow. The region added over 91,000 new jobs during the past year, but the 12-month growth rate is now below 100,000, a level we have not seen since the start of the post-COVID job recovery. That said, all but three counties have recovered completely from their pandemic job losses and total regional employment is up more than 52,000 jobs. The regional unemployment rate in November was 3.8%, which was marginally above the 3.7% level of a year ago. Many business owners across the country are pondering whether we are likely to enter a recession this year. As a result, it’s very possible that they will start to slow their expansion in anticipation of an economic contraction.
Top Ten Predictions for 2023
Is there a housing bubble? Will mortgage rates drop? Will housing affordability issues improve for hopeful buyers? Windermere Chief Economist Matthew Gardner gives his thoughts on these questions and more in his Top 10 Predictions for 2023.
Q1 & Q2: Helping My Buyers Find the Home of Their Dreams
No matter what side of the Puget Sound, it’s my pleasure to help my buyers find themselves home.
Represented Buyers
“Karen was fantastic! She spent a lot of time working with us long distance in the beginning and then when we moved to the area she showed us houses on 3 occasions, including December 23rd.
She is a very professional lady and cares about being transparent with her clients. MONTHS AFTER THE SALE and amidst the chaos that is COVID 19, Karen checked on my wife while I was away for work and offered to go grocery shopping because my wife was 6 months pregnant. That says it all right there.
Highly recommend that you use her!
Karen, we will use you again if we sell this house : ) Hope all is well.”
