Amazon Layoffs Shake Up Real Estate Market

Key Points:

• Massive layoffs at Amazon are already affecting homeowners and buyers in the Seattle/Bellevue area.
• Brokers report calls from laid-off clients considering selling, renting, or relocating to new cities for jobs.
• Short-term impact: Market is leaning toward a buyer’s market for the next few months.
• Price effects: Homes priced $1M–$2M may see the largest adjustments; lower-priced homes are expected to remain stable.
• Market experts note long-term recovery is likely, as previous Amazon layoffs did not cause prolonged downturns.
• Brokers emphasize the human impact: layoffs affect families directly, not just market statistics.

Bottom line: Expect temporary turbulence, especially in the high-end housing market, but the market should stabilize once employment uncertainty eases. Here Canadians Flee Florida Real Estate Amid Tariffs and Trade Tensions