The market is finally settling into a more balanced pattern, as price appreciation slows across King County. Reports of a bear market are exaggerated however, since last month's slower pace is comparable to typical end-of-summer sales.
Find our full market recap here.
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[THE STATE OF] REAL ESTATERising rents reflect inflation intensity
Increasing rents across the Puget Sound region are putting pressure on tenants, due in part to nationwide struggles with inflation. For those who can afford it, a mortgage is an excellent hedge against future market vagaries.
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LOCAL ECONOMY
Seattle ranks second nationally for remote work
Since the pandemic, nearly half of Seattle's workers have shifted to remote work, impacting commutes and transit.
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LOCAL ECONOMY
Kirkland is the fastest-growing startup city in the U.S.
Surrounded by tech hubs, Kirkland has become a fertile ground for startups in its own right.
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[THE STATE OF] REAL ESTATEBellevue residents support affordable housing
A recent poll reveals that a majority of Bellevue residents feel the city should enact more affordable housing policies.
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TRENDS & STATISTICSNWMLS Press ReleaseSeptember 2022
Northwest MLS report shows "typical August," and return to more "normalized conditions"
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TRENDS & STATISTICSSeattle Market Update
September 2022
The latest Seattle area real estate news, trends, statistics, and talking points from the NWMLS and other sources through August 2022, compiled by Erik Stanford and Windermere Real estate.
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Real talk: who doesn't miss slumber parties, blanket forts and long nights talking with friends? Thankfully, conversation pits are back in a big way, inviting us to chat uninterrupted into the wee hours (pjs optional).
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My featured listings & sales.
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$2,995,000
MAGNOLIA 3635 38th Ave W, Seattle
4 Beds / 3.5 Baths / 2,600 SF
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$2,095,000
LESCHI 125 30th Ave, Seattle 5Beds / 2.5 Baths / 3,130 SF
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$1,750,000
ISSAQUAH/SAMMAMISH 4602 230th Terr SE, Sammamish 4 Beds / 2.5 Baths / 2,870 SF
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$1,400,000
LINCOLN PARK 8815 Fauntleroy Wy SW, Seattle
4 Beds / 3.5 Baths / 3,260 SF
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$1,165,000
MAGNOLIA 3014 28th Ave W, Seattle
4 Beds / 1.5 Baths / 2,140 SF
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$889,000
WHITTIER 7047 12th Ave NW, Seattle 3 Beds / 2 Baths / 1,460 SF
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FIRE PIT OR FIREPLACE
Which do you prefer? Click below to vote.
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FIRE PIT! I want to swap stories around the fire outside.
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I watch a movie inside.
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Last month's poll results. Front porch: 11.5%. Back deck: 88.5%.
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When you're ready to talk real estate.
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ERIK STANFORD the way you move...
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