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.
Much of the recent discussion around Seattle’s industrial slowdown has focused on supply. New completions have surged, and availability has climbed as speculative construction outpaced demand.
Over the past year, the Lake Union area has experienced a significant transition, evolving from one of the Seattle region's leading markets for rent growth to a period characterized by declining ...
Alaska’s population is growing, but a slowdown in the number of families having children is a headwind to continued growth. Meanwhile, the state continues to experience persistent out-migration. This ...
Last year, the Puget Sound region's apartment market saw a rapid pullback in demand in the second half, driven by a weaker job market and slower immigration. Absorption — the net change in occupied ...
Washington State’s labor market has loosened over the past year. According to new data released by the Bureau of Labor Statistics, there were 1.6 available workers per job opening in the state in ...
The Puget Sound office market ended 2025 with lower leasing volume compared to 2024. CoStar has recorded about 6 million square feet of new office leases signed last year, about a 21% drop from the ...
Preliminary monthly data for the start of 2026 reinforces the slower momentum that the Seattle metropolitan area experienced in the second half of 2025. January was the first month since June 2025 ...
Since 2023, office sales volume in the Seattle region has grown faster than that of other commercial property types, but its overall sales volume is still below pre-pandemic levels.
On Sunday, the NFL's Seattle Seahawks face the New England Patriots in Super Bowl LX, marking a repeat of the Super Bowl matchup of 2015. This year, the Seahawks and the Patriots each come into the ...
As of the start of 2026, the Seattle region ranked ninth nationally for speculative development as a share of total industrial construction. Projects that are underway without signed tenants account ...
Seattle's commercial sales market is showing signs of a rebound. Overall sales volume remains below its most recent peak but is starting to move back toward historic pre-pandemic norms.
Apartment demand across the Seattle metropolitan area remained resilient in 2025, with absorption — the net change in occupied units — totaling roughly 9,400 units for the year. While overall ...