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Seattle, City view of Seattle, top view of downtown Seattle skyline in Seattle Washington, USA
CommercialFeaturedIndustry News

Seattle Cuts REET Forecast by $19.5MM in Sixth Straight Downgrade as Rising Rates Squeeze Property Sales

Seattle's revenue forecasters pared back the city's three-year real estate excise tax outlook for the sixth consecutive time, warning that stubborn inflation, a...

View of lake Sammamish and Issaquah from Poo Poo Point
AECFeaturedIndustry NewsResidential

Issaquah’s Real Estate Tax Fund Heads for Deficit by 2029 as City Bets $7.5MM on Transit-Oriented Housing

Issaquah's finance staff have flagged that the revenue streams tied most directly to the local real estate market are weakening at the same...

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