AI wealth fuels San Francisco’s housing boom while tech layoffs weigh down Seattle

The housing markets in San Francisco, left, and Seattle have been diverging for the past year. Prices started falling in Seattle on an annual basis about a year ago, while prices in San Francisco have been rising since November. (BigStock, GeekWire File Photos) While a fresh wave of AI-generated wealth is pouring fuel on San Francisco’s housing market, Seattle’s real estate scene is getting left out in the cold, stuck in a slump driven by ongoing local tech layoffs, soaring costs, and persistent