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 becomes No. 1 U.S. market for Chinese homebuyers

Lili Shang is a Realtor with Realogics Sotheby’s International Realty specializing in helping foreign buyers. (Mike Siegel/The Seattle Times)

There’s been a large increase this year in Chinese buyers looking for property in the Seattle area, and a new tax on foreign buyers in Vancouver, B.C., is expected to amplify the trend.

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