W Report August 18, 2023

W Report – August 2023

Local market update.

High temperatures and high interest rates have hit the market in full force, leading to slower sales. Across King County, buyers are navigating a shortage of inventory along with peak market prices.Find our full market recap here.

Local Market Update August 2023

News + trends.

An aerial shot of construction in downtown Bellevue

[THE STATE OF] REAL ESTATE

Bellevue expands Multifamily Tax Exemption

Housing affordability has been a complex problem on the Eastside for years. Thanks to a geographic expansion of the Multifamily Tax Exemption program, Bellevue is creating new inroads for affordable developments. READ MORE

An apartment complex next to a hilly green forest in Issaquah

LOCAL ECONOMY

Issaquah awarded hard-to-achieve environmental certification

Becoming the first city in Washington to be LEED Gold-certified, Issaquah has shown its committment to sustainability.

READ MORE

The exterior of a Homestead Community Land Trust property

[THE STATE OF] REAL ESTATE

MacKenzie Scott donates $10M to Seattle Land Trust

Homestead Community Land Trust is using a major windfall to fund future affordable housing projects.

READ MORE

A woman works from a comfortable chair in her home

LOCAL ECONOMY

Washington among best states to work from home

A recent study reveals that remote workers in the state have some of the best work-from-home conditions.

READ MORE

Happenings.

Pin-spiration.

Somewhere between Japanese minimalism and Scandi design lies Japandi — a home decor trend focused on simple layouts, organic shapes and natural materials. Less is more, as they say.

Japandi Inspo Pinterest Board

My featured sale.

Sold for $2,520,000
GROUSEMONT15905 NE 135th Street Redmond4 Beds / 4 Bath / 4,306 SF

LEARN MORE

Cast your vote.

POOL OR WATERFRONT
Which do you prefer? Click below to vote.
Cast your vote

POOL! Who wouldn’t want a privatespot to take a dip?

Waterfront! Calming waves and passing boats? Yes, please.

VOTE NOW

Last month’s poll results. Nana wall: 74%. Wall of windows: 26%.

When you’re ready to talk real estate.

Denni Shefrin – Broker, Realtor® Mobile: 206.979.1908Office: 425.455.5300Email: dshefrin@windermere.comWebsite: dennishefrin.com