Local market update.

Mortgage rates, earlier-than-usual winter weather and the busy holiday season are all factors in the slower pace of King County’s real estate market. Although sales were down last month, prices are still up year-over-year.Find our full market recap here.

News + trends.

[THE STATE OF] REAL ESTATE

New affordable housing to be built on site of former Amazon HQ

An iconic spot at the top of Beacon Hill will soon be the site of over 200 affordable units, complete with a 10,000-square-foot childcare center.READ MORE

A motion-blurred person rides a bike through the brick streets of downtown Redmond

LOCAL ECONOMY

Redmond budgets big for infrastructure

The city has decided on a $1 billion budget through 2024, using the funds for community development.

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A ground-level shot looking up at some apartment buildings with green and grey walls.

[THE STATE OF] REAL ESTATE

Inside Seattle’s social housing initiative

An upcoming vote on initiative I-135 could establish a new social housing developer in Seattle.

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A row of red cranes unload freight with Mt. Rainier towering in the background

LOCAL ECONOMY

Washington named 2022’s best state for jobs

The Evergreen State ranked highly in categories including its economic environment and job opportunities.

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Happenings.

December 21 – 22The Music of a Charlie Brown Christmas at the Royal Room

Now – December 30Rodgers & Hammerstein’s Cinderella at Village Theater

January 1Seattle Seahawks vs. New York Jets at Lumen FieldNow – January 22WildLanterns at Woodland Park Zoo

Now – January 29New Art and Sounds from the Pacific Northwest: Indie Folk at the Bellevue Arts Museum

Pin-spiration.

Is there anything better than snuggling up in bed on a cold winter night? We don’t think so — that’s why we’ve compiled these Dreamy Bedrooms where you can relax as visions of sugarplums dance in your head.