July 11, 2025
Seattle’s apartment pipeline has slowed significantly. Redfin data shows a sharp decline in multifamily construction, dropping from approximately 30,000 units underway in 2023 to under 15,000 in 2025.
Why it matters:
Fewer new units means more competition for available rentals.
With mortgage rates still keeping many would-be buyers on the sidelines, demand for rental housing is likely to remain high.
This slowdown could contribute to rising rents and underscores the importance of expanding housing options throughout the region.
July 11, 2025
July 11, 2025
July 11, 2025
July 11, 2025
July 3, 2025
June 20, 2025
June 19, 2025
Blog
June 17, 2025
June 10, 2025
Whether buying or selling, Michele and her team deliver unmatched service, helping you find your dream home or maximize your property’s value. With a focus on building lifelong relationships, we make your real estate journey seamless and rewarding. You’re more than a transaction – you’re family. Let’s connect and get started today!