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.

Just how much more expensive is buying than renting in Seattle? How the calculation is changing

Queen Anne homes are seen from Magnolia, Wednesday, Sept. 21, 2022 in Seattle. Seattle is the fastest cooling market in the nation according to new numbers from Redfin.

Owning a home in the Seattle area now comes at an 88% premium — meaning the median monthly mortgage payment costs 88% more than the monthly rent for the same home.

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