Mercer Island
REAL ESTATE
The Pacific Northwest is Littered with ‘Deadbeat Dams’
This story was reported and produced in collaboration with The Seattle Times. Kwoneesum Dam once had a purpose. It created a lake for girls attending a summer camp to swim, canoe and sail. But just two decades after the dam was built in the mid-1960s, the camp closed, and the land was sold to a timber company.
Downtown Seattle office values are dropping like overripe plums. That's not all bad
In the Seattle metro area, the market price for a place to attempt to concentrate on your work while colleagues talk loudly near your desk is dropping significantly. Eastside, don't get cocky - it's happening there too.
June real estate market report
Year-over-year, closed sales transactions decreased by 26%, and the median price saw a slight decrease of 0.7%. Comparing month-over-month data, June observed a 20% drop in the number of sales, from 48 in May to 40 in June. Additionally, the median price declined by 11%, from $900,000 in May to...
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