WeWork Adds to Seattle Presence with Two New Leases

WeWork, an international co-working space provider, is greatly adding to its Emerald City footprint, as a recent report by Colliers International reveals that WeWork signed the two largest leases in Seattle in the second quarter of 2018, securing 120,000 square feet of office space at Metropolitan Park East, and an additional 115,000 at 1201 3rd Avenue. Seattle ranked tenth on the list of the nation’s top office markets, but its performance is quite stellar given the strength of WeWork and e-commerce giant Amazon.

Sellers Bring Down Sales Prices as Seattle Market Continues to Cool

For the first time in years, homes in the Seattle area are spending weeks—rather than just days—on the market, bidding wars become an exception to the rule, and sellers are bringing down sales prices to attract buyers in a cooling market. As Seattle Times reports, July 2018 was the first time in four years that the market began to lean in favor of the buyer, as inventory continues to increase, this time at a staggering 44-percent rate in King County.

Think You Know Which Puget Sound Neighborhoods Are Most Popular?

The Puget Sound region held the national spotlight recently, as two of our local neighborhoods ranked among Zillow’s top twenty in the country based on the number of listing page views in each area. And as Puget Sound Business Journal reports, Zillow Group also put together a list of the top ten neighborhoods around the Sound along with the median listing price. Do you think you know which areas were most popular among Zillow searchers?

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Aaron Freeman