Elliott Krivenko is the Senior Director of Market Analytics for CoStar and Homes.com in Seattle, where he covers commercial and residential real estate trends across Washington, Alaska, and Montana. Elliott has more than 20 years of experience in rea...
Elliott Krivenko is the Senior Director of Market Analytics for CoStar and Homes.com in Seattle, where he covers commercial and residential real estate trends across Washington, Alaska, and Montana. Elliott has more than 20 years of experience in real estate research, having previously served as Research Director at the Downtown Seattle Association. He speaks at industry group events such as the Washington Multi-Family Housing Association, the Pacific Northwest Regional Economic Conference, and various chambers of commerce. His insights have been included in the Puget Sound Business Journal, the Seattle Times, and KUOW. Elliott holds a master’s degree in community development from Antioch University Seattle.
The Minneapolis-St. Paul region is emerging as one of the strongest-performing apartment markets in the country after weathering one the most active development cycles in the region’s history.
Two of Cascadia’s largest industrial markets are moving in opposite directions, with Vancouver showing signs of tightening as Seattle continues to struggle with elevated vacancy created by years of ...
The multifamily markets in Boise, Idaho, and Spokane, Washington, entered 2026 facing a similar challenge. Both are digesting years of elevated multifamily construction, but as each emerges from a ...
Recently completed apartment buildings across the Seattle region are drawing renters away from older properties, leaving many established operators with higher vacancy rates and increasing pressure ...
Downtown Bellevue and downtown Seattle are entering the next phase of the office recovery from different starting points. Bellevue remains the Puget Sound region’s strongest office district, while ...
Seattle and Portland are both benefiting from a sharp slowdown in apartment construction compared with the peak development earlier this decade. However, the two Pacific Northwest markets are not ...
In the second quarter of 2026, Seattle's traditional office core recorded its strongest quarter for new office leasing since 2019. Driven by several large commitments in top-tier office towers, new ...
New data from the Bureau of Economic Analysis shows that Washington State had the fastest-growing economy in the nation in the first quarter of 2026. Washington's gross domestic product grew 4.5%, ...
According to new data from the Washington State Office of Financial Management, Washington’s population continued to grow over the past year, reaching 8.2 million as of April 1, 2026.
New data from the Washington State Office of Financial Management shows that the Seattle metropolitan area — consisting of King, Pierce and Snohomish counties — gained 26,000 residents between April ...
Retail availability remains tight across Seattle, with the strongest competition for space in high-income neighborhoods. The region’s wealthiest areas continue to post the lowest vacancy, reinforcing ...
Apartment development across the Seattle region is picking up again, but the momentum is coming from a different set of neighborhoods than those that led the last construction wave. Several areas ...
Apartment development across the Seattle metropolitan area is picking back up even as the sector continues to see softer rent growth and slower growth in the number of occupied units.
Sales activity in the Seattle metropolitan area's commercial real estate market remains well above its low point in 2023. However, the pace of recovery is losing momentum as slower population and ...
Seattle's apartment asking rents have been on the rise since the start of the year, with month-over-month rent growth measuring 0.5% in May. That was the weakest May rent growth in Seattle since a ...
Industrial demand in the Puget Sound region is becoming less reliant on logistics tenants. Manufacturing-related users still account for a smaller share of overall leasing activity, but that share ...
Industrial demand in the Seattle region has weakened in recent months as a sharp slowdown in port import volumes has reduced the need for large-scale warehouse space, adding to a broader cooling in ...
A growing share of office buildings in the Seattle region is experiencing high vacancy, underscoring a widening gap between well-leased properties and those struggling to attract tenants.