Posts in Local Economy
Is Amazon to Blame for Seattle’s Slowing Housing Growth?

Amidst Seattle losing its top spot on the S&P/Case-Shiller Home Price Index and a slowdown in Amazon hiring, GeekWire asks, “Is Amazon responsible for Seattle’s housing cooldown?” According to the article, in this case, “correlation does not necessarily mean causation,” as market experts say that an increase in the number of homes for sale and fewer buyers on the market are at the root of changes.

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Bike Shares Expand on the Eastside Amidst Concerns Over New Taxes to Seattle’s Program

Many of us on the Eastside have slowly noticed the influx of Limebike and Ofo bicycles for rent on the Eastside, a product of the dockless bike share programs that have cropped up throughout the city of Seattle and now on the Eastside, with Bothell implementing a program, and Bellevue and Redmond close behind. Now, as Kirkland Reporter outlines, the city of Kirkland is the latest Eastside enclave to consider starting a bike share pilot, as it was the topic of City Council debate in early July.

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Amazon Announces Plans for Second Headquarter Location

The recent announcement of Amazon’s plans to build a second headquarters outside of Seattle, has multiple cities vying for the newest location. According to an article featured in Business Insider, the city chosen, ultimately stands to benefit from a “massive economic gain.” Amazon is looking to large cities and has many speculating “Chicago, Dallas, Philadelphia, and Atlanta could be the strongest contenders.”

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Local EconomyAshley Breunich
Amazon Arrives In Bellevue

Now has never been a better time for tech employees at the retail giant Amazon to purchase a home on the eastside, specifically Bellevue. With their recent team expansion announcement, Amazon continues to grow their reach in Bellevue in their newest 354,000-square foot building.

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