Real Estate | The Seattle Times

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.

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A “For Sale” sign is displayed outside homes under construction in the Norton Commons subdivision in Louisville, Kentucky, U.S., on Tuesday, Oct. 6, 2020. The U.S. Census Bureau is scheduled to release housing starts figures on October 20. Photographer: Luke Sharrett/Bloomberg

October 19, 2020 at 11:01 am

Homebuilder confidence in U.S. rises to record high

U.S. homebuilder confidence advanced in October to a fresh all-time high as record-low interest rates continued to fuel sales and the demand outlook.

A pedestrian walks towards a home for sale in Montreal on Aug. 19, 2020. MUST CREDIT: Bloomberg photo by Christinne Muschi.

October 17, 2020 at 8:01 pm

Growth in Canadian home sales slows amid record-tight supply

Canada's housing market has been a bright spot in the country's economic recovery from covid-19 shutdowns.

FILE – This Jan. 26, 2016 file photo shows a “For Sale” sign hanging in front of an existing home in Atlanta. Short of savings and burdened by debt, America’s millennials are struggling to afford their first homes in the face of sharply higher prices in many of the most desirable cities. Surveys show that most Americans under 35 lack adequate savings for down payments. The result is that many will likely be forced to delay home ownership and to absorb significant debt loads if they do eventually buy. (AP Photo/John Bazemore, File)

October 17, 2020 at 11:01 am

A challenge to real estate commissions gains ground

In a lawsuit, home sellers say that the current commissions system is anticompetitive and that they overpaid. The Realtors association disagrees.

Thursday, Sept. 26, 2019. Medina from the air for the Medina initiative story. Bellevue is in the backround, Medina resting against Lake Washington. 211618 211618

October 17, 2020 at 6:01 am

Luxury home sales surge in Washington

Sales of homes over $2 million, the top 5% of the market in King and Snohomish counties, jumped more than 35% in the three months...

October 16, 2020 at 2:17 am

Buying a House? Arnold the Air Traffic Control Tower Is for Sale

(Bloomberg) — It has a "great location" and is packed with potential for property buyers. It's also an air traffic control tower known locally as...

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If you find that late or missed mortgage payments are likely, call your loan servicer as soon as possible to explain your situation. (Dreamstime/TNS) 1736363 1736363

October 15, 2020 at 2:43 pm

Mortgage rates fall to a record low for the 10th time this year

The slide in borrowing costs that began in March, as fears of the coronavirus drove investors to the safety of Treasuries, shows no signs of...

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The Elephant Car Wash, located at 616 Battery St, is photographed Monday, Dec. 9, 2019. 212312

October 14, 2020 at 5:50 pm

Seattle’s pink neon elephant shouldn’t go to museum, preservation group says

Elephant Car Wash owner Bob Haney said he's donating the sign to the Museum of History and Industry, so "it’s a done dead deal."

FILE – In this July 19, 2006 file photo, a woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, Calif. Many tenants arenâ€™t familiar with the ins and outs of their renters insurance policies, but what they donâ€™t know could cost them money (AP Photo/Paul Sakuma, File) NYBZ201 NYBZ201

October 14, 2020 at 3:34 am

Surprising things renters insurance covers — and leaves out

Many tenants aren’t familiar with the ins and outs of their renters insurance policies, but what they don’t know could cost them money. Here's what...

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Passengers social distance as they stand in a security line at Sea-Tac International Airport Friday, May 15, 2020. Starting Monday, May 18, the airport will require everyone at the airport to wear masks. 213978

October 10, 2020 at 11:01 am

Airline traffic is stuck at low altitude, while home sales are robust | Coronavirus Economy in charts

The pandemic has devastated some sectors, while leaving others relatively unscathed. Here are the latest numbers.

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Framed by highway 520 at left, the Microsoft West campus is shown in this aerial, taken July 18, 2018. 207058

October 9, 2020 at 10:46 am

Microsoft expands work-from-home options. Here’s what that could mean for the Eastside and Seattle

Microsoft is giving managers guidelines for employees who want to work remotely more than half the time, on a permanent basis.

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