Tech layoffs hit Seattle housing market as pending sales post sharpest drop in the nation

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According to a new report by Redfin, pending home sales in the Seattle area plunged 15.6% year-over-year in July.

It's the sharpest drop among major U.S. metropolitan areas as prospective buyers grapple with steep prices and job insecurity driven by recent tech-sector layoffs. https://www.geekwire.com/2026/home-sales-slump-in-seattle-among-nations-worst-as-high-costs-and-tech-layoffs-inject-fear-into-market/">Read More