Compass Development Marketing Group is handling marketing and sales for the development.

The community, located at 5920 Browns Point Blvd., will feature homes with floor plans ranging from 2,873 to 4,087 square feet with four to seven bedrooms, four to six bathrooms and two- to four-car garages.

Site work is underway, with sales projected to begin next year.

The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process. 

Trumark’s acquisition of the developed land marks a Washington expansion for the builder, which acquired local homebuilder JK Monarch this March.

The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

Realogics Sotheby’s International Realty is exclusively handling sales.

New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

Realogics Sotheby’s International Realty is serving as the exclusive listing representation for the Terminal One Motor + Yacht Club.

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Amenity offerings include a pickleball court, playground, dog park, walking paths and green spaces, as well as direct access to the Cross Kirkland Corridor Trail.

RSIR’s Suncadia listings include bungalows and row homes at Suncadia Social, the MPC’s mixed-use village, and single-family homesites at Nelson Lakes. Pricing starts at $1.065 million.

Despite a monthly decline, the rate of new-home construction still came in above consensus estimates. 

High Street Residential will construct a multifamily housing community at 1200 116th Ave. NE in Bellevue.