The Housing Authority of Snohomish County paid about $77.5M for Allegro Lynnwood, a 240‑unit complex next to the Ash Way Park & Ride. The acquisition brings a transit-edge property into public ownership.

LendingTree data show renting in the Seattle metro ran roughly $900 cheaper monthly than owning in 2024, a short-term win for renters amid persistent affordability gaps.

A state bill would let RVs and tiny houses on wheels live in backyards year‑round. Supporters call it quick, affordable relief; cities warn of enforcement and safety gaps.

Seattle’s City Council voted unanimously to begin transferring proceeds from the voter‑approved social housing tax to the Seattle Social Housing Developer, unlocking the first major public funding for the program.

Elon Musk's xAI has leased former Epic Games offices at Lincoln Square South in downtown Bellevue. The move adds to a recent wave of AI firms expanding on the Eastside.

Kauri Investments plans a Hyatt House at 1300 116th Ave NE in Bellevue’s Wilburton, replacing the Eye Clinic and tapping the nearby Wilburton light‑rail station. Permit filings show the design has expanded and entitlements are pending.

A CoStar matchup finds Boston ahead of Seattle on office, industrial and retail fundamentals, even as life‑science troubles and big‑tech shifts reshape both metros.

A Seattle-based developer has proposed a seven-story, 173-unit affordable building beside Lynnwood’s Scriber Lake Park, targeting households at about 60% of AMI. The project is now in city review and has state infrastructure support.

Mayor Katie Wilson tapped Sam Steele as interim SDCI director to speed permitting and help keep housing projects moving amid softer permit demand.

A Portland investor paid $48.5M for Redstone Corporate Center I in Lynnwood, a six‑story Class A office near Alderwood Mall that’s mostly leased and expected to land a Fortune 500 tenant.

Robert Sarver's real estate arm acquired 222 Fifth, a 10‑story life‑science tower near the Space Needle. The purchase marks the firm's first Seattle entry and spotlights local lab demand.

Life Time paid $32M for the former Fred Meyer in Redmond, turning a 140,000‑sf vacancy into a planned Seattle‑area athletic club.

OpenAI has leased additional floors at Bellevue’s City Center Plaza, sharply expanding its Seattle-area hub and backfilling former Microsoft space. Tenant-improvement filings show new amenities and room for hundreds of desks.