Giving Back: Community Service Day 2026
Each year, Windermere offices set aside a day to step outside the office and give back to the neighborhoods they call home. From sorting donations and packaging meals to painting walls and pulling weeds, the work looks different office to office, but the goal is the same: building stronger, more connected communities. Here’s what some Seattle and Eastside teams accomplished this year, listed...
Local Market Update – June 2026
As spring draws to a close, our local housing markets continue to show a growing divide. Well-priced, well-prepared homes are selling quickly, and often for at or above asking price, while properties that miss the mark on pricing or presentation are spending more time on the market and seeing price reductions. Buyer activity remains steady despite higher inventory levels, creating a more b...
Sound Transit puts Ballard light rail on hold, pushes other lines forward
Local residents celebrated Sound Transit’s East Link light rail extension across Lake Washington when it opened earlier this year. Since then, the mood has shifted as the long-awaited Ballard line has been put on hold amid significant budgetary constraints. On May 27th, Sound Transit’s governing board voted 14-4 to scale back the Sodo-to-Ballard line to a Sodo-to-Seattle Center line. The decis...
Seattle office market finds footing as tech leasing picks up
While Bellevue has received an outsized share of office leases in recent years, office space tours are rising faster in Seattle than anywhere else in the region, with a year-over-year increase of 20%. Part of this growth is likely due to the tightening availability of quality office space in Bellevue. Although the Bellevue downtown office market carries a vacancy rate of around 25%, much of the Cl...
Nobu’s first U.S. residential project is coming to Bellevue
Nobu, the luxury brand co-founded by actor Robert De Niro and chef Nobu Matsuhisa, has announced it is taking up residence in Downtown Bellevue. The two condominium towers at Avenue Bellevue will be rebranded as Nobu Residences, marking the brand’s first residential opening in the United States. In 2027, the site will also welcome a 10,000-square-foot Nobu restaurant—the first in the Pacific N...
Local Market Update – May 2026
Halfway through the spring season, and the story across our four markets is one of transition. Conditions look different than they did just 12 months ago: more homes are on the market, prices have pulled back from their peaks, and buyer-seller dynamics are quietly shifting. The opportunity is real on both sides, but geopolitical and economic uncertainty has potential buyers staying close to the si...
Home renovations in Seattle are down, but project costs keep rising
Seattle’s remodeling market has cooled, making contractors easier to book this summer, but homeowners should still brace for sticker shock when the quotes come in. A few years ago, even getting a callback from a contractor could be a challenge. The city had one of the hottest renovation markets in the country, allowing contractors to be selective about the projects they took on. Often, this mean...
Uber announces major office lease in Bellevue
Uber has signed a lease at the Four106 office tower at 360 106th Avenue NE in Downtown Bellevue, becoming the latest company to snap up office space and bring new jobs to the area. The lease adds 170,000 square feet to Uber’s local footprint, bringing its total space across Bellevue and Seattle to more than 285,000 square feet. Four106 was an attractive fit for several reasons. The building sits...
Surge in senior housing demand attracts developers
For many baby boomers, downsizing isn’t a straightforward option. Much of the country has a limited supply of small, reasonably priced homes, and a growing wave of senior housing investments is expected to offer alternatives outside of traditional retirement communities. The demand is there. Senior housing occupancy hit 92% in 2025, a figure roughly 10 percentage points higher than it was i...