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Sound Transit’s Federal Way Link Extension Set to Open, Completing Critical Suburban Corridor
Seven-year, $2.6 billion project brings light rail 7.8 miles south, connecting Seattle to Pierce County border Sound Transit will begin passenger service on...
Multifamily and Housing Markets Faces “Moderate” 2026 After Turbulent Year, John Burns Warns
Industry veteran predicts muted growth ahead as affordability crisis deepens and fundamental market dynamics shift The U.S. housing market will limp through 2026...
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
Seattle Multifamily Market Slows but Holds Firm as Investors Spend $2.8B and Prices Climb 11.8%
Rents decline 0.3 percent while occupancy holds at 95.5 percent, with transaction activity approaching 2023 levels amid elevated construction pipeline Seattle’s multifamily market...
Retail Sales Rose Just 0.2% in September as Control Group Slips 0.1%
Wells Fargo Economics says a soft September keeps holiday spending forecasts intact but leaning toward the lower end of the 3.5 percent–4 percent...
Consumer Confidence Falls as Job Market Concerns Overshadow Lower Gas Prices
November reading marks second-lowest level in four years while labor differential continues decline American consumers are growing increasingly uneasy about their economic prospects,...
Wallace Properties Taps Next Generation Leader as Founder Steps Back
Kevin Wallace Assumes Presidency as Father Transitions to Chairman Role Wallace Properties, a Pacific Northwest commercial real estate firm, has announced a leadership...
Data Center Construction Spending Surges 26% YoY to $41B as AI Infrastructure Build-Out Accelerates
Wells Fargo Economics report shows investment nearly quadrupled since 2021, though growth rate moderates from January’s 44 percent peak Data-center development, once a...
Existing Home Sales Rise 1.2% in October as Lower Mortgage Rates Offer Modest Relief
Inventory edges higher, demand firms, and the Midwest leads the month’s regional gains A slight easing in borrowing costs this fall has been...
The Missing Middle’s Moment: How Single-Stair Buildings Could Reshape Urban Development
For decades, American cities have been trapped in a housing binary: single-family homes sprawling across suburban lots, or hulking apartment complexes requiring acres...
September Jobs Report Shows 119,000 Nonfarm Payroll Gain as Unemployment Climbs to 4.4%
Delayed data reveals continued labor market softening, leaving Fed’s December rate decision uncertain The long-delayed September payroll numbers arrived with an unusual sense...
U.S. Economy Positioned for Steadier Growth as Policy Uncertainty Recedes
Wells Fargo forecasts 2.3 percent GDP expansion in 2026 as fiscal stimulus, monetary easing and stabilized trade framework replace year of escalating tariffs...
