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 industrial construction wave that transformed parts of the South Sound over the past several years is now contributing to some of the highest vacancy rates in the Puget Sound region.
Seattle’s unemployment rate decreased throughout the first half of the year. However, that decline reflects a shrinking labor force alongside slower hiring. With fewer residents counted in the ...
Seattle-area apartment rent trends reversed over the past year, with the Eastside regaining pricing power while some of the region's most prominent urban-core neighborhoods moved in the opposite ...
Seattle-area office sublease availability increased in the third quarter from a year earlier for the first time in more than two years, interrupting a prolonged period of improvement as large ...
Seattle-area apartment rents edged down in August from the previous month, ending a seven-month run of increases. The shift aligns with the typical late-summer pattern, when leasing activity slows ...
Detroit's job growth remained weaker than the nation’s in July, with employment declining over the past year while U.S. job growth remained positive. Most major industries in the region lost jobs, ...
After a sluggish start to the year, Minneapolis-St. Paul employers ramped up hiring this summer, bolstering the economic conditions that underpin demand for commercial real estate, even as parts of ...
Artificial intelligence companies have become among the most closely watched office tenants in the Seattle region, fueled by high-profile expansions by firms such as OpenAI and a growing perception ...
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 ...