Local market update.

King County homebuyers searching for the right property can breathe a bit easier. Last month saw a continued rise in the supply of for-sale homes, leading to some summer price stabilization. Those who have been on the sidelines can now dip back into a mellower market.

Find our full market recap here.

News + trends.

[THE STATE OF] REAL ESTATE

Washington addresses historical housing discrimination

The state’s new Covenant Homeownership Program will offer loans of up to $150,000 for down payments to qualifying groups that continue to face notable homeownership gaps due to housing discrimination in the early to mid-20th century.

LOCAL ECONOMY

Seattle incentivizes new office-to-residential conversions

A new bill will exempt developers who convert commercial buildings to housing from key regulations and fees.

LOCAL ECONOMY

Eastside office leasing is on a roll

The Eastside continues to attract new office tenants despite regional challenges in commercial leasing.

[THE STATE OF] REAL ESTATE

Seattle has the smallest apartments in the U.S.

Apartments are shrinking in Seattle, now averaging 661 square feet and getting smaller.

Happenings.

Now – August 24
Seattle Recycled Arts 8th Annual Show

July 24 – 28
Bellevue Arts Fair

July 26
JamFest at Wing Luke Museum

July 27
Alaska Airlines Torchlight Parade

August 2 – 4
Boeing Seafair Air Show

Pin-spiration.

For quiet conversations and al fresco meals, our outdoor sanctuaries are where we want to be. Cozy seating, ambient lighting, natural accents and colorful textiles inspire perfect Summer Porches.