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.

In California, push for denser housing splits environmentalists

**EMBARGO: No electronic distribution, Web posting or street sales before Friday 3 a.m. ET March 16, 2018. No exceptions for any reasons. EMBARGO set by source.** A view of Oakland, Calif., March 2, 2018.  Taller buildings could be coming to Oakland neighborhoods along the rapid-transit line to San Francisco if the State Legislature approves a bill that would override local zoning restrictions. (Jim Wilson/The New York Times)

A bill that would allow eight-story buildings near major transit stops, even if local communities object, has riled some environmental groups despite its goal of reducing gas-guzzling commutes and greenhouse-gas emissions.

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US mortgage rates climb to 4-year high

WASHINGTON (AP) — Long-term U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the...