Real Estate

MOUNTLAKE TERRACE, Wash. — Homes are selling faster in one Snohomish County ZIP code than anywhere else in the United States, new data shows. 98043 in Mountlake Terrace saw homes last on the market for just 27 days in Q2, according to The Business Journals' analysis of data from Black Knight Inc. on the hottest housing markets in the country.

SEATTLE - The leaders of Saint Mark's Cathedral on Capitol Hill have a vision: New neighbors living in the nearly century-old brick building the church owns just next to its cathedral. But landing one of Seattle's overwhelmed affordable-housing developers proved challenging. In Lake City, a Mennonite church housed in an...

In a recent episode of The Day with Trae, host Trae Holiday welcomed Kwasi Bowie, a seasoned real estate broker and team leader at John L. Scott, to discuss the groundbreaking Covenant Home Loan program, which he refers to as the "Reparations Home Loan." This program, designed to assist first-time homebuyers in BIPOC communities, provides up to $150,000 in down payment and closing costs to qualifying individuals.

OLYMPIA - The Washington State Board of Natural Resources has unanimously approved a transfer of approximately four acres of state trust land to Pierce County for future affordable housing. The parcels near Graham have been zoned residential and could accommodate up to 28 lots of affordable housing units, both single-family and duplex. The Board approved the transfer at its regular meeting on October 1st.

A Federal Reserve interest rate cut in September provided a positive end-of-the-summer boost to the real-estate market, the Kirkland-based Northwest Multiple Listing Service said Thursday in its monthly release of housing data for the 26 counties it covers in Washington. NWMLS cited double-digit increases in active and new listings, and...

Can you believe it is Fall? What a gorgeous summer we enjoyed, and it showcased why we love our Gem of the Sound so much! Real estate has proven to be its usual ever-changing self. We saw the typical end of summer “lull” while we all got out and enjoyed those final days of Summer celebrations. The last couple of weeks, however, have really taken off.

 JLL has secured a $43.5 million refinancing for The Carter on the Park, an iconic 180-unit luxury apartment community in the heart of downtown Redmond, Washington. JLL worked on behalf of the borrower, Washington Holdings, to arrange the loan through PGIM Real Estate. JLL Capital Market’s Debt Advisory team representing the borrower was led by Senior Managing Director Bruce Ganong and Senior Director Seth Heikkila.