Industry News

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Puget Sound Housing Market Hits New High for Summer Sales and a New Low for Inventory

September 6, 2017, BELLEVUE, WA – “It’s been the best summer for sales activity, with June, July, and August clocking in a record...

Final Close for DivcoWest’s Fifth Fund $1,585,000,888 Value-Add Real Estate Investment Fund

September 6, 2017 – Divco West Real Estate Services, LLC (“DivcoWest”), a privately-owned real estate investment firm headquartered in San Francisco, has held...

8 Big Housing Changes Thanks to Driverless Cars

By Rick Palacios Jr., Director of Research The combination of widespread ride-sharing and self-driving cars will reshape housing in 8 significant ways: Prime...

LMN Architects Celebrates Opening of the Federal Way Performing Arts and Event Center

Building creates new focal point for community SEATTLE, Aug. 31, 2017 — The Federal Way Performing Arts and Event Center (PAEC) puts cultural...

Swinerton and Republic of Korea break ground on new consulate building in Seattle

SEATTLE, Aug. 31, 2017 — Swinerton and the Consulate General of the Republic of Korea are pleased to announce the groundbreaking of a...

Urban Renaissance Group Unveils Major Renovation Plans at Columbia Center in Downtown Seattle

Interior Atrium, Exterior Amenity Spaces, and 4th Avenue Entrance Upgrades Part of an Extensive Renovation; Slated for Completion in Spring 2018 Seattle, WA,...

Skanska Completes Excavation at 2+U Development in Downtown Seattle

Office Development Targeting Multiple Prospective Tenants for 2019 Delivery SEATTLE – Skanska announced today that it completed excavation operations at 2+U, a 38-story...

Redfin Data Reveals Single Women Build Less Home Equity Over Time Than Single Men

New Orleans Was the Only Metro Where Women Fared Better Than Men; Single Women Built 8 Percent More Home Equity Than Single Men...

With Some Progress at Mid-Level Management, Women are Largely a Minority in Commercial Real Estate

By Michele Chandler While the gender gap has narrowed considerably among top managers working in the residential real estate industry, men still overwhelmingly...

Falling Homeownership

By John Burns, CEO Today’s 63.7% US homeownership rate* (down from 69.1% 12 years ago) is propped up by a very high homeownership...

Chateau Ste. Michelle Celebrates Opening Of Newly Renovated Visitor Center September 2 & 3

Continuing the Winery’s 50th Anniversary Celebrations, the Newly Renovated Visitor Center in Woodinville, WA – just outside of Seattle – will Offer Innovative...

Home Values Higher than Ever in Almost Half of Nation’s Largest Markets

The median U.S. home is $4,100 more valuable now than at the housing bubble’s peak a decade ago, according to the July Zillow...

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