Local Housing, economic and lifestyle updates
King County residential sales surged in July, with more homes selling at higher median prices than a year ago. Mortgage rates have dropped while inventory has risen, and late-summer buyers seem to be giving the market another look.
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[THE STATE OF] REAL ESTATE |
Will declining mortgage rates push up local home sales? |
Recent drops in the average 30-year mortgage rate entice homebuyers at the exact moment they finally have more listings to choose from. This combination may well lead to more home sales in our region.
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| Bellevue and Seattle lead the world in tech leasing |
Empty offices attract new IT tenants, accounting for more recently-leased square feet than any other tech hub.
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| [THE STATE OF] REAL ESTATE
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For the first time in years, fewer apartments are being built locally |
With existing housing shortages, the slowdown in supply may invite new challenges ahead.
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| | Will public employees spur downtown Seattle’s comeback? |
City and county employees will be in-office more often, increasing activity downtown.
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| SOUTH LAKE UNION
325 Dexter Avenue South, Seattle
4 Beds / 4 Bath / 3,800 SF
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When you're ready to talk real estate. |
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4919 South Genesee Street None | Seattle, WA 98118 US
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