Katie Wilson's Seattle Posts Nation's Sharpest Housing Drop As Tech Flees

Seattle just posted the steepest drop in pending home sales of any major market in the country — down 15% — and the cause isn't just interest rates. Amazon and Microsoft layoffs are freezing buyers in place, workers clinging to sub-3% mortgages they refuse to surrender, while the employer exodus from Bellevue accelerates quarter by quarter. The Northwest Multiple Listing Service data is unambiguous: Seattle is leading the national slowdown, and the direction of travel is not good.The Detroit comparison is no longer rhetorical. Inventory is surging, price cuts in Seattle and Tacoma are among the fastest in America, and the progressive policy environment championed by figures like Katie Wilson keeps compounding the structural rot. The millionaire tax, a degraded public safety environment, and a systematically hostile business climate are doing exactly what basic economics predicts — pushing capital and employers toward Texas, Florida, and anywhere else that will have them.One former Amazon exec is already sending Seattle a pointed message, moving his startup's headquarters to Texas with a few notes for the city he's leaving behind. For sellers still holding out on overpriced listings, the advice is simple and brutal: cut the price now or take it off the market and try again next spring. The years of effortless multiple-offer weekends are over.Subscribe to @reasonablenews for daily commentary on Pacific Northwest politics and the underreported stories shaping the region.#NFRP #Seattle #SeattleHousing𝗚𝗢 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗪𝗜𝗧𝗛 𝗥𝗘𝗔𝗦𝗢𝗡𝗔𝗕𝗟𝗘+ 𝗙𝗢𝗥 𝗨𝗡𝗖𝗘𝗡𝗦𝗢𝗥𝗘𝗗 𝗔𝗖𝗖𝗘𝗦𝗦 🌟https://ReasonableTV.com/🛍️ 𝗠𝗘𝗥𝗖𝗛 - https://Store.ReasonableTV.com/💬 𝗝𝗢𝗜𝗡 our 𝗙𝗥𝗘𝗘 Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 𝗦𝗠𝗔𝗦𝗛 that 𝗟𝗜𝗞𝗘 button & 𝗦𝗨𝗕𝗦𝗖𝗥𝗜𝗕𝗘 for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeople𝗦𝗧𝗔𝗬 𝗖𝗢𝗡𝗡𝗘𝗖𝗧𝗘𝗗:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL