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Report: Seattle home values up $80K over last year


Report: Seattle home values up $80K over last year
by Callie Craighead, SeattlePI
Spring home shopping season has arrived in Seattle, and buyers should be ready for a red-hot market fueled by high demand and low inventory that is driving up values.
Case in point: a new market report from Zillow found that Seattle home values have increased by nearly $80,000 over the last year.
The typical home in the city is now worth $627,290, up a staggering 14.6% since last April and 1.7% from March 2021. Across the country, typical home values increased a record-high 1.3% in April to an average of $281,370, up 11.6% in the last year. ....

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Constantine Announces Purchase of Queen Anne Hotel to House Homeless, Return of Bus Service to the Mountains, and $150 Million in Rental Assistance


by Rich Smith

May 11, 2021 at 4:26 pm
Constantine is running for re-election this year, and he d really like you to know what he s been up to lately. Courtesy of the Campaign
On Tuesday afternoon King County Executive Dow Constantine used his annual State of the County address to deliver some good news to a region struggling to find housing, pay rent, secure a decent job, escape grinding and isolating work, combat a deadly respiratory virus, and maybe hug a far-flung relative at some point.
Let me hit you with the highlights from his prepared remarks, which you can watch him give here: ....

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King County begins mailing property valuations. Here's where property value grew the fastest


King County begins mailing property valuations. Here s where property value grew the fastest
by Callie Craighead, SeattlePI
© George Rose/Getty Images
The sun sets on the Port of Seattle and downtown waterfront as viewed from Queen Anne Hill on November 4, 2015, in Seattle, Washington, located in King County.
The King County Assessor s Office announced that it began mailing out property valuation notices to residents on Thursday, with some areas poised to see double-digit increases in value. The annual revaluation notices required by state law are issued for 720,000 pieces of property in the county and applied for taxes due in 2022.
Despite the economic downturn caused by the COVID-19 pandemic and shutdowns, the office says that commercial property values have remained steady while residential property values in the county have risen dramatically, with some areas even seeing upwards of 20% increases in value. ....

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