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Seattle Housing Cools as Amazon and Microsoft Cut Jobs and New Levies Hit Tech Wealth

  • Recruiting & HR
  • Policy & Regulation
  • Sales & Business

Luxury listings on Seattle’s Eastside are lingering as Amazon.com Inc. and Microsoft Corp. reduce headcount and Washington’s tax agenda targets high earners, a contrast with San Francisco’s AI-fueled property rebound. Bloomberg reported on September 1, 2026 that lakeside suburbs once filled by affluent Amazon and Microsoft workers now show price cuts and long marketing times: a Sammamish home asking $2.9 million had sat more than 100 days with seller financing on offer, while a nearby listing that started at $2.2 million in April was marked down to $2.09 million.

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