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Seattle Making Largest Single-Year Investment in Affordable Housing in City History With $170MM Notice of Funding Availability
NOFA will support the production, preservation, and stabilization of affordable housing across Seattle Seattle – Today, Mayor Bruce Harrell announced a historic $170 million...
New Home Sales Decline as Builders Grapple with Rising Inventory and Affordability Crisis
The American housing market is facing mounting pressure as new home sales declined 0.6 percent in July to an annualized pace of 652,000...
Washington’s Commercial Real Estate Market Gains Momentum as Multifamily Drives Recovery
Apartment buildings fuel 41 percent surge in sales volume, but analysts warn market remains fragile compared to pre-pandemic levels Washington’s commercial real estate...
Housing Market Shows Mixed Signals as Building Permits Decline Despite Jump in Starts
U.S. housing activity presented a mixed picture in July, as total housing starts climbed 5.2 percent while building permits continued to weaken, according...
King County’s Multifamily Market Splits in Two as Suburban Areas Surge Past Seattle
While Seattle stalls with political uncertainty, suburban King County leads the region with 8,519 units under construction and a massive 43,667-unit pipeline The...
Kitsap County’s Multifamily Market Finds Its Sweet Spot as Regional Growth Shifts West
The Peninsula’s balanced development pipeline shows 6 percent under construction while inventory surges 30 percent since 2020, making it Puget Sound’s unexpected growth...
Portland’s Downtown Dilemma: Modest Gains Mask Deeper Challenges
The Rose City’s central district shows life, but competing data reveals a recovery more fragmented than many peer cities Portland’s downtown recovery defies...
California Government RTO Mandates: A $225MM Lesson in Return-to-Office Reality
State audit exposes disconnect between return-to-office mandates and economic benefits as public and private sectors grapple with hybrid work policies Return-to-office mandates are...
The Great Office Collapse: How Remote Work Devastated West Coast Real Estate
Tech hubs from San Francisco to Seattle are facing unprecedented commercial property losses as the work-from-home revolution reshapes urban economics The numbers are...
Pierce County’s Multifamily Market Hits the Brakes as Developers Await Better Times
With only 2 percent of inventory under construction, Washington’s second-largest county sees development activity stalled in planning stages despite strong long-term demand signals...
Seattle Downtown Recovery Surges With Hotel Bookings Above 2019 Levels, Crime Down 51%
The city’s core business district shows remarkable resilience with visitor numbers nearing pre-COVID levels and new business openings surging Downtown Seattle is writing...
All Aboard the Electric Future: Sound Transit Breaks Ground on a $274MM Bus Operations Facility in Bothell
Amidst the relentless hum of I-405 traffic, a more efficient future for Puget Sound commuters is taking shape. Sound Transit has officially broken...
