The King County real estate market has a spring in its step, with heavy buyer traffic and rising sold prices. As mortgage rates stabilize and buyers are out in droves, the residential market needs an infusion of inventory to meet the intensifying demand. Find our full market recap here.
News + trends.
[THE STATE OF] REAL ESTATE
Can office conversions boost Seattle’s supply of homes?
Following a decrease in demand for office space, commercial-to-residential conversions are on the rise. So far, up to 1,200 apartments or condos could be added to the local housing pool over the next seven years. READ MORE
LOCAL ECONOMY
What’s happening with tech industry hiring?
Despite continued layoffs, private sector wages are rising and startups are seeing silver linings.