Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

Seattle condos: Short supply puts extra squeeze on housing market

Kelley and Craig Dobbs live in Insignia, a high-end condo development in Belltown. They moved last year after selling their home in Sammamish.

Condos are fairly rare in the Seattle area’s housing market. Some who might opt for a condo wind up competing for more prevalent single-family homes, driving prices higher.

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