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One-third of single family home sales in King County last year were sales of distressed properties, while one-half of single family home sales in Snohomish and Pierce Counties were distressed, according to a new report from Bellevue-based Washington Property Solutions    . Distressed sales include both foreclosed homes that have been put up for sale […]

A proposed six-story, 120-unit apartment project in West Seattle’s Junction neighborhood took a big step forward, receiving land use approval on Thursday. The $13 million project by local developer David Meissner is now expected to start construction by early June, said Steve Fischer with Seattle-based Nicholson Kovalchick Architects, which is designing the project. The H-shaped […]

The Seattle/Tacoma area apartment market ranks eighth nationally based on anticipated job growth in 2012, according to a new research report from the real estate services firm Marcus & Millichap    . The Puget Sound area vaulted seven slots, moving from No. 15 last year to No.8, based on job growth among its tech companies. […]

Seattle’s wage growth over the past year was the fifth highest in the nation, trailing only Houston, Chicago, Miami and Washington, D.C. According to Seattle-based PayScale, Seattle’s rating in the PayScale Index for the fourth quarter was 1.6 percent higher than a year earlier. Xconomy reports PayScale attributes the growth to the Seattle area’s economic […]