Coverage of the AI economy, AI infrastructure investment, and how it shapes Seattle’s housing market.
August confirmed at −7.7% on the Market Pulse, the steepest reading since the 2022 correction, with homes closing below asking for the first time this year. The September estimate is still negative but the decline stopped accelerating. Volume 007: the trough, the Jackson Hole shock, and a new NWMLS listing status.
KIRO Newsradio anchor Aaron Granillo interviewed me last week on what’s actually happening in the Puget Sound housing market this spring. A radio segment compresses; below are the key insights I shared, including the K-shaped economy, why some homes sell fast while others sit, and what’s next for spring 2026.
May 4, 2026 · Market Report Two Economies. One Market. Why Seattle Real Estate Won’t Cooperate With the Headlines. As of this week, 92,000 tech workers have been laid off in 2026. That works out to 864 people a day, every day since January 1st. Last week alone, Meta cut 8,000 jobs and Microsoft offered … Read more
