Market NewsReal Estate May 18, 2022

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Local market update

 

Increasing inventory across King County offers new opportunities for buyers who are not dissuaded by high prices and rising mortgage rates
Find our full market recap here.

 

Local Market Update May 2022

 

News + trends.

 

Village Gardens in the Central District

 

[THE STATE OF] REAL ESTATE

Seattle’s first Community Preference housing opens in the Central District

A new affordable housing project called Village Gardens will offer residents with historic ties to the neighborhood the first chance to buy, in hopes of offsetting the effects of gentrification and community displacement.

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Workers in motion in a tech office

LOCAL ECONOMY

Eastside tech companies remain invested in office life 

Tech continues to drive office leases in the area, while companies create new incentives for employees to return.

 

A celebrity listing represented by Windermere

WINDERMERE NEWS

Windermere reps the state’s highest-profile listings

Take a peek inside a celebrity listing and the most expensive listing in state history, supported by the W Collection.

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A rendering of the Washington State Convention Center expansion

LOCAL ECONOMY

Seattle reopens to visitors with cool, sustainable spaces

Both the Washington State Convention Center and Sea-Tac Airport are getting facelifts featuring local materials.

 

Happenings