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.
This week developers broke ground on Seattle's first Opportunity Zone development, an 80-unit Pioneer Square apartment building called Canton Lofts. And while the national program has been castigated by some as a "tax scam" with little scrutiny, local officials say the projects here will be different.