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.
Interest in the suburbs — whether for more space or lower prices — has been a driving force in the local housing market since the start of the pandemic. But the market has begun to cool as mortgage interest rates have spiked.