Amazon is investing $40 million to help moderate-income families purchase homes in the Seattle area as well as other regions where the tech giant has a major presence.
The share of U.S. homebuyers making all-cash purchases hit a decade-high in April, with one-third of buyers bypassing mortgage loan options, according to a Redfin report released Wednesday. All-cash purchases… Read More
Seattle Mayor Bruce Harrell’s desire to potentially convert some of the city’s downtown office space into housing and other commercial uses moved a step forward with the selection of three… Read More
A new report commissioned by Challenge Seattle, a coalition of business and tech leaders, says more companies need to help finance and build affordable housing as part of a comprehensive… Read More
Abodu, a Redwood City, Calif.-based startup that manufactures and delivers prefabricated backyard homes, is launching in the Seattle area. The startup opened an office in downtown Seattle and is growing… Read More
The news: Community organizers at a rally Saturday in Seattle demanded that Amazon withdraw reported plans to build a distribution center at a site in the Rainier Valley area, south… Read More
Amazon is investing $23 million to support the construction of 568 homes in Seattle as part of its Housing Equity Fund to build or preserve housing for moderate- to low-income… Read More
MacKenzie Scott has gifted $436 million to Habitat for Humanity in the largest publicly disclosed donation since the billionaire Seattle philanthropist and author pledged to give away the majority of… Read More
The headline was like a punch in the gut to many dreaming of owning or renting a home in the Seattle area. “Bellevue home sells for nearly $1 million over… Read More
The pandemic has hastened already-existing economic trends, such as the increase in remote work. But at the same time, it is also exacerbating existing economic disparities. Speakers at a recent… Read More
Redfin CEO Glenn Kelman joins us on this episode of the GeekWire Podcast to discuss the latest twists in the housing market; delays in returning to the office; the role… Read More
Amazon is committing $100 million to help create up to 1,200 affordable housing units across the Puget Sound region as part of its ongoing Housing Equity Fund. The latest effort… Read More
In an effort to overhaul Seattle’s approach to its homeless crisis, a coalition of downtown business leaders and non-profit representatives on Thursday introduced a citywide ballot measure to force the… Read More
Amazon is committing more than $2 billion to affordable housing initiatives in the regions of Seattle, Nashville, Tenn., and Arlington, Va., attempting to leverage its extraordinary financial assets to address… Read More
Microsoft detailed new investments in affordable housing around its Redmond, Wash., headquarters Thursday as part of a $750 million program designed to alleviate the region’s real estate crunch. The new… Read More
Seattle-based real estate tech company Redfin is facing allegations of discriminatory pricing practices and “redlining” in a lawsuit filed by the National Fair Housing Alliance (NFHA) and other fair housing… Read More
Traffic as congested as Los Angeles? Housing as unaffordable as the Bay Area or New York? Climate emissions falling well short of Paris Agreement targets? Those are the dire predictions… Read More
Downtown Seattle and San Francisco have taken on the eerie quality of ghost towns as office buildings stand empty and wildfire smoke casts an orange glow over the once-bustling urban… Read More
A new ad from Zillow is a sign of shifting sands in the housing market. Called “Ready for a Change,” the ad features a composite street with single-family homes, an… Read More
Zillow’s recent Urban Suburban Market Report opens by asking: Are people fleeing the cities for greener suburban pastures? The short answer is no, the report says: “Some faint signals may… Read More
During his lifetime, Microsoft co-founder Paul Allen’s wide-ranging philanthropic initiatives included several programs to alleviate the homelessness crisis in his hometown. Today, a year-and-a-half after his passing, the unique housing… Read More
In mid-March, as awareness of the COVID-19 pandemic spread across the country, Zillow Group CEO Rich Barton faced a tough business decision: Turn off the company’s prized new revenue engine,… Read More
Seattle-based real estate company Redfin announced Wednesday that RedfinNow, an arm of its business that buys homes directly from homeowners and resells them to homebuyers, will temporarily pause making offers on… Read More
It’s the beginning of prime house-hunting season in Seattle, but a cloud of uncertainty sits over the market due to the spread of coronavirus across the region. On Wednesday, Glenn… Read More
Protestors descended on Amazon’s headquarters Sunday in a fight to preserve the taxing authority of Seattle and other cities in the region. The event was organized by Seattle City Council… Read More
America’s housing crisis is a nationwide problem, but it’s especially acute in San Francisco and Seattle, home to the country’s largest technology industries. The “terrible twins,” as New York Times… Read More
Zillow Group launched a new tool Thursday to help people experiencing homelessness in Seattle connect with affordable housing options. The tool is hosted on Zillow’s website and allows landlords with… Read More
Amazon’s tax bill has become a lightning rod in a nationwide debate over economic inequity and Seattle is on the front lines. An ambitious new proposal by Seattle City Councilmember… Read More
Officials in Seattle and Washington state are wrestling over a proposed tax on companies like Amazon and Microsoft that would raise millions to address the homelessness crisis gripping the region.… Read More
The Seattle-area business community is throwing its weight behind a proposal to tax high-paying companies in the region to fund housing and services for the homeless. Amazon, Alaska Airlines, Expedia,… Read More
