Market News August 27, 2022

W Report – August 2022

Local market update.

Buyers and sellers across King County are navigating new dynamics, as increased inventory creates more intense competition between sellers and a wider array of options for buyers.Find our full market recap here.

Local Market Update August 2022

News + trends.

A wooden toy house balances against a stack of coins on a seesaw

[THE STATE OF] REAL ESTATE

Rising inventory and slightly declining interest rates: Should on-hold buyers jump back in now?

While there’s no way to perfectly time a home purchase, shifting market conditions have sidelined some buyers. Is there smoother sailing ahead?READ MORE

A neighborhood in Washington state

LOCAL ECONOMY

Washington state ranks as second most stable housing market in the U.S.

Our state’s strong economy, among other factors, contributes to the thriving state of Washington real estate.

The lobby entrance of an apartment building

[THE STATE OF] REAL ESTATE

Seattle reveals first affordable housing project funded by JumpStart tax

Seventeen housing organizations have benefitted from the controversial tax, creating hundreds of affordable units.

READ MORE

Downtown Bellevue

[THE STATE OF] REAL ESTATE

What does the future hold for Bellevue’s upcoming office projects?

Tech workers’ preferences for at-home and hybrid work have altered some major construction plans in the city.

Happenings.

Pin-spiration.

Don’t be square. Straight lines and hard edges are out. Curves, squiggles, waves and slopes are the word of the day. Check out this Pinterest board for more ideas to go with the flow.

Curved Furniture Pinterest Board

My featured listing.

$1,675,000 – PENDING

BEAR CREEK19960 NE 155th Street, Woodinville4 Beds / 2.5 Bath / 2,850 SF

Cast your vote.

FRONT PORCH OR BACK DECK

Which do you prefer? Click below to vote.

Cast your vote

FRONT PORCH! I want to relax whileI watch the world go by.

BACK DECK! I want a private space where I can entertain.

Last month’s poll results. Indoor entertaining: 34.1%. Outdoor entertaining: 65.9%.

When you’re ready to talk real estate.

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