Real Estate | The Seattle Times

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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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October 15, 2017 at 5:10 pm

Real estate exec’s entrepreneurial drive survived recession and cancer

Ed Sachse is president of property services at real estate company Kennedy Wilson. (Kirk McKoy/Los Angels Times/TNS)

Ed Sachse now oversees 21 million square feet of retail, office, industrial and apartment properties across the U.S., but he got his start as a high-school student running a window-washing business.

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October 14, 2017 at 8:00 am

How do you get a reverse mortgage?

Getting a reverse mortgage can be time consuming, and it’s best to proceed slowly and cautiously to make sure you’re getting the best pricing and...

As a light rail train pulls into the Tukwila station in the background, Kathy and Gerry Kingen, owners of Salty’s restaurants, stand in the parking lot in SeaTac they were hoping to replace and in front of the building they were hoping to upgrade in SeaTac on Thursday, July 21, 2016. They were just awarded an $18 million judgement in King County Superior Court against the City of SeaTac, a city of 12,000 people with an annual budget of $30 million. They sued the city in 2012 but their story actually begins in 2003, when they entered into a development agreement with the city to build a 1,200-stall park-and-fly garage on International Boulevard and 154th. During their nearly 3-month trial earlier this year, evidence showed city employees and officials engaged in a series of shady dealings and secret meetings, ultimately using a third-party to force the Kingen’s to unknowingly sell their property — at the height of the recession — to the city of SeaTac for millions below its appraised value. In comments made earlier this month, the judge who heard their case even suggested someone should file bar complaints against attorneys working for the SeaTac City Attorney’s Office.

October 13, 2017 at 6:00 am

West Seattle couple, cheated in secret SeaTac land grab, to receive $13M settlement

The SeaTac City Council has OK’d payment of $4.25 million to Gerry and Kathy Kingen after a judge found the city had engaged in misrepresentation,...

Local News

October 11, 2017 at 6:00 am

Seattle’s crazy housing market: Answers to your questions on record-high rent, zooming home prices and more

Here's a sampling of the some of the questions and answers from a Reddit AMA on Seattle's housing market with real estate reporter Mike Rosenberg.

October 10, 2017 at 4:13 pm

Federal government will vacate huge Auburn site used during World War II

The Army bought 435 acres there for farmland during World War II, and added over 20 warehouses to use during the war.

The Harvard House (foreground) is much older and better priced than its newer neighbor. Older apartment buildings in Seattle typically are more spacious and rent for less than their newer counterparts. Photographed Thursday, February 25, 2016.

October 10, 2017 at 6:00 am

Why are rents so high? Is it time to sell? Answers to your questions about Seattle's housing market

Real estate reporter Mike Rosenberg answers questions about Seattle’s red-hot housing market, in which rents are at record highs and it seems every home sale...

October 7, 2017 at 8:00 am

Q&A: Who should get a home-equity conversion mortgage?

Home-equity conversion mortgages — reverse mortgages backed by the Federal Housing Administration — are complicated. Here are some answers to common HECM questions.

October 6, 2017 at 10:01 am

Vote: Will housing costs make you leave Seattle? | Jon Talton

The most telling statistic in my colleague Mike Rosenberg's latest story on soaring house prices was this: In the past five years, home prices across King...

Broker Shelley Godwin, center, talks with prospective buyers, from left, Aaron Frohreich, Lacey Burchett, Joyce Palmer and Nathan Palmer, during an open house for her clients who are selling their home in the Arbor Heights neighborhood of West Seattle, Sunday June 11, 2017.

October 6, 2017 at 6:00 am

What it’s like to buy and sell a house in Seattle’s craziest-ever market

We followed one West Seattle house through the entire home-selling process, taking an inside look at the real-estate market through the eyes of the sellers,...

October 5, 2017 at 2:26 pm

As Seattle-area home prices soar, some would-be buyers now giving up

King County has now had record-breaking price increases for three months in a row, and costs here are soaring faster than in just about any...

October 5, 2017 at 9:00 am

US 30-year mortgage rates average rises to 3.85 percent

WASHINGTON (AP) — Long-term mortgage rates ticked up slightly this week as the average 30-year fixed-rate mortgage rose to 3.85 percent from 3.83 percent a...

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