DesignEventsMarket NewsReal Estate March 18, 2023

Get the W Report | March 2023

 

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.

 

Local Market Update March 2023

 

News + trends.

 

The side of Arte Noir's gallery space with a colorful mural reading

 

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

 

An aerial shot of a suburban Seattle neighborhood

[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

 

 

A scientist studies something under a microscope

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 interior of a small apartment with a couch, tv and dining room table

[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.

 

Monochromatic Rooms Pinterest Board

 

My featured listings & sales:
8830 40th Ave SW in Fauntlee Hills
West Seattle 98136
Offered at $995,000