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
[THE STATE OF] REAL ESTATE
Seattle apartments are getting smaller
You’re not imagining it: apartments in the city are shrinking. At the same time, rents are rising.
READ MORE
Happenings.
Now – April 9
Maestro Alfredo Barbini: Nature, Myth, and Magic at the Museum of Glass
March 17 – April 2
Every Brilliant Thing at the ACT Theater
March 29 – April 30
How to Break at Village Theater
April 1 – 5
Seattle Mariners vs. Cleveland Guardians and Los Angeles Angels at T-Mobile Park
April 5 – 6
Candlelight Concert Tribute to Taylor Swift at Town Hall Seattle
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 listings & sales:
8830 40th Ave SW in Fauntlee Hills
West Seattle 98136 Offered at $995,000