W Report October 24, 2023

W Report – October 2023

Local market update.

Low inventory has kept King County home sales pretty quiet of late, although the market is seeing some year-over-year price gains. With stock so depleted, it’s likely unit sales will remain supressed for the remainder of the year.Find our full market recap here.

Local Market Update October 2023

News + trends.

An aerial shot looking down at Smith Tower in Seattle, with fog covering the streets below

[THE STATE OF] REAL ESTATE

Will some Seattle office buildings be converted to housing?

With downtown businesses downsizing or switching to remote work, Seattle is exploring new ways to put its vacant office buildings to much-needed use.READ MORE

A low-angle shot of a corporate Amazon building

LOCAL ECONOMY

Amazon moves workers to Bellevue despite stalled expansion

After slowing office construction, Amazon has resumed moving workers to Bellevue by the thousands.

READ MORE

A Black family embraces on the steps of a home

[THE STATE OF] REAL ESTATE

Seattle seeks to double rate of Black homeownership

A new coalition is working to provide resources and programs to support Black homeownership in the city.

READ MORE

A wooden roadside sign that reads

LOCAL ECONOMY

Redmond becomes a model for suburban growth

The once-sleepy suburb has expanded in recent years, providing a model for city planning and population growth.

READ MORE

Happenings.

Pin-spiration.

Fall doesn’t have to be all about jack-o-lanterns and Halloween. A warmer color palette, sumptuous fabrics and one (or two) thoughtfully placed gourds can be just what you need to really Feel Fall.

Feeling Fall Pinterest Board

Cast your vote.

GAS OR WOOD-BURNING FIREPLACE
Which is your favorite? Click below to vote.
Cast your vote

Gas! Convenience is everything.

Wood-burning! I’m all about the crackle.

VOTE NOW

Last month’s poll results. Colorful backsplash: 20%. Classic backsplash: 80%.

When you’re ready to talk real estate.

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