Housing (news)

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Local governments in the region are doing more than ever to promote housing development, according to a recent PSRC survey. Housing affordability and access continue to be major challenges in central Puget Sound communities. For many households, housing costs are a greater…
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THIS MEETING HAS BEEN CANCELED    Housing is an urgent challenge in the region as home prices and rents have skyrocketed in recent years. On March 5, the Growth Management Policy Board will begin work on a Regional Housing Strategy that aims to ensure that all people…
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The results of PSRC’s Housing Survey and upcoming work related to housing in the region will be the main discussion topic at next week's Economic Development District meeting.  PSRC fielded a survey to local jurisdictions in summer 2019 to learn how regulatory incentives…
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Between 2018 and 2019, the region added 27,500 more housing units. This annual increase surpasses the region’s previous high prior to the recession. The data shows that about one new unit of housing has come online for every 2.5 people added to the region in the last year. The…
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Home prices and rents in the central Puget Sound region are now growing at a more moderate pace compared to recent years. The median home price for the Seattle-Tacoma-Bellevue metro area, which had been climbing at double-digit annual rates, increased by 2.6% over the last year…
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South King County has been hit hard by rising housing costs and increased displacement risk. People have been pushed south by rising costs in Seattle and the Eastside, which in turn has raised costs in South King County cities. In 2016, the Housing Development Consortium…
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Conventional real estate wisdom says home buyers pop up along with the daffodils every March. And, despite reports of a market slowdown, this year’s looking no different. Wouldn’t it be interesting to know why people choose to live where they do? PSRC thinks so. In our…
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King County’s Regional Affordable Housing Task Force has unanimously adopted a five-year action plan to increase construction and preservation of affordable housing in the region. The task force is made up of leaders from King County and cities within the county. Kenmore Mayor…
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“Middle” housing refers to a range of housing types – from duplexes to townhomes to low-rise multifamily developments – that bridge a gap between single-family housing and more intense multifamily and commercial areas. Click to see larger version of illustration.(Opticos Design…
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The Downtown Emergency Service Center has won a 2018 VISION 2040 Award from the Puget Sound Regional Council for The Estelle, a permanent supportive housing development. The awards recognize innovative projects and programs that help ensure a sustainable…