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.
A drop in inventory is driving up prices and sending homes flying off the market in days. Fewer homes are for sale than any time in recent memory, new data from the Northwest Multiple Listing Service show.