NW REporter

January 2019 Issues

Startup aims to leverage technology to connect boomers with golf communities

What better time than a new year to launch a new company? With an eye on the estimated 75 million baby boomers on the verge on retirement (equal to around 10,000 people each day), Golf Life Real Estate (GLRE) will officially open for business on January 20. The real estate [..]

House-hunters reveal frustrations when searching, but plan to persist

House-hunters are devoting considerable time to their search, mostly because they can’t find a home at a price they can afford. That and other reasons prospective buyers cited for being unsuccessful in their quest were revealed in the latest Housing Trends Report (HTR) from the National Association of Home Builders [..]

Realtors, others join forces to make housing a top legislative priority

With the state Legislature scheduled to start its 2019 session on January 14 and Realtor Hill Day slated for January 24, Realtors and other real estate-related organizations will be coalescing around the housing crisis and strategies for improving supply and affordability. REALTOR Hill Day – January 24 Registration Deadline is [..]

Nonprofit homebuilder’s 27th gala set for March 30

Imagine Housing, an award-winning, nonprofit affordable housing developer, will hold its 27th annual gala and auction at Bellevue’s Meydenbauer Center on Saturday, March 30. Since 1987, the public service organization has built more than 1,400 low-income apartment communities for families, youth, veterans and seniors in East King County. In addition [..]

Issues & Impacts

Issues & Impacts is a quarterly publication produced by the SEATTLE KingCounty REALTORS® to inform members about current issues and successes within your Governmental Affairs Department. SEATTLE KingCounty REALTORS® (SKCR) is ensuring that public policies support homeownership and your business’s bottom line. View the full publication (PDF, 20 pages, 243KB)

Attentive home buyers can find “good values and receptive sellers”

KIRKLAND, Washington (January 7, 2019) – December brought few surprises for real estate brokers in Western Washington with holidays, fluctuating interest rates, and volatility in consumer confidence contributing to slower activity. Several leaders from Northwest Multiple Listing Service described 2018 as a transition year for residential real estate. New data [..]

Washington building codes changed to allow taller mass timber buildings

Washington became the first state in the nation to allow tall mass timber buildings when the State Building Code Council (SBCC) approved changes allowing builders to go as high as 18 stories using such material. Previously, such use was limited to six stories. The code changes were approved November 30 [..]

NWMLS Monthly Market Snapshot

Share on Social Media You are able to download the infographic to republish on your website or provide to clients. Usage Terms Subscribers may provide NWMLS’s Market Snapshot infographics to clients and prospective clients. Subscribers may republish NWMLS’s Market Snapshot infographics on websites, blogs, e-mails, newsletters, postcards, etc. Subscribers may [..]

News In Brief

Have you checked your tire pressure lately? Your probably should. As the temperature drops, the pressure in your tires also goes down. “Typically, the pressure drops 1 psi for every 10 degrees Fahrenheit drop in temperature,” said Gene Peterson, who runs the tire testing program at Consumer Reports. A common [..]

Data director briefs Realtors on regional planning

Housing the region’s growing population is a priority for planners, but compiling reliable data has stymied some well-intentioned efforts, one data analyst told Realtors. Puget Sound grew by 68,000 people in 2017, earning it 9th place among the country’s fastest growing areas. The four-county region is projected to add 1.8 [..]

REALTORS in King County honor 11 for special achievements during 2018

Eleven individuals were singled out for special honors at the 2018 Installation & Awards Banquet of Seattle King County REALTORS® (SKCR). The annual event also featured the installation ceremony for incoming leaders of SKCR and three other Realtor organizations, and a raffle and dessert auction to benefit a scholarship foundation. [..]

SKCR Events Calendar

Date Event Time Where Phone 5/13-18/19 NAR Meetings   Washington, DC 425-974-1011 5/23/19 First Citizen Banquet 5:30 pm – 9:30 pm Fairmont Hotel, Seattle 425-974-1011 5/27/19 Holiday – Office Closed       6/4/19 Housing Issues Briefing 11:30 am – 1:30 pm Meydenbauer Center 425-974-1011 For updates visit: www.nwrealtor.com and [..]

Wells Fargo agrees to $575 million in latest settlement around questionable practices

Wells Fargo will pay $575 million to customers across the country as part of a series of claims stemming from phony customer accounts and other improper sales practices. The agreement, announced in late December, involved all 50 state attorneys general and the District of Columbia. Washington state will get about [..]