Rental Vacancies The Highest Since 1980

The apartment vacancy rate ended the year at 8%, the highest level since Reis Inc., a New York research firm that tracks vacancies and rents in the top 79 U.S. markets, began its tally in 1980. Rents fell 3% last year, according to Reis, led by declines in San Jose, Calif., Seattle, San Francisco and… Read More

Some Washington banks are recovering, others see their options narrowing (Seattle Times)

Washington’s banking sector is among the nation’s most troubled, by some measures: Two dozen of the 95 banks and thrifts headquartered within the state, or 25.3 percent, have had their operations restricted by state or federal regulators — one of the highest levels in the country.