Local market update.
Recent interest rate fluctuations have caused shifts in market activity, with some buyers converging on available listings and others waiting for rates to drop. Sellers have been hesitant to let go of their favorable mortgages, leading to low inventory.Find our full market recap here.
News + trends.
LOCAL ECONOMY
Black-owned businesses are reanchoring in the Central District
Seattle’s Black community sees new paths to property ownership through prospective purchases of commercial spaces in the CD. A Black arts nonprofit is the first to to the table by purchasing a retail storefront within a larger building.READ MORE
[THE STATE OF] REAL ESTATE
Wash. needs 1M new housing units by 2044 to meet demand
A recent population projection suggests that the state will need thousands of new units a year to house its residents.READ MORE
LOCAL ECONOMY
Bothell-based Seagen to be acquired by Pfizer for $43B
Pfizer’s deal with Seagen is set to be the largest global biopharma transaction in the past three years.READ MORE
Happenings.
March 29 – April 30How to Break at Village TheaterApril 1 – 5Seattle Mariners vs. Cleveland Guardians and Los Angeles Angels at T-Mobile Park
Pin-spiration.
A fresh coat of paint makes all the difference. This year, color is back in a big way — monochromatic rooms are shaking things up, covering spaces from floor to ceiling in vibrant hues, with furniture and accents to match.
My featured listing.
Cast your vote.
SHOWER VS. BATHWhich do you prefer? Click below to vote.
SHOWER! I love a hot shower at the end of the day.
BATH! A long soak is my favorite wayto relax.
VOTE NOW
Last month’s poll results. Black window frames: 37.3%. White frames: 62.7%.
When you’re ready to talk real estate.
Denni Shefrin – Broker, Realtor® Mobile: 206.979.1908 Office: 425.455.5300 Email: dshefrin@windermere.com Website: dennishefrin.com
W Report •
March 20, 2023