NW REPORTER

NW REporter

January 2021 Issues

“Extraordinary market conditions” sustain strong home sales around Washington state during holidays

KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, [..]

Free app helps Washingtonians stop the spread of COVID-19

During the first 100 hours after WA Notify launched, more than 1 million users had downloaded the simple, anonymous exposure notification tool on their smartphones. The free app, designed to help stop the spread of COVID-19, is available for iPhones and Android phones, and is offered in 29 languages. By [..]

Home appreciation reaches highest level since 2014

Homeowners with mortgages saw an average equity gain of $17,000 for the third quarter of 2020 compared to the same period a year ago. Owners in Washington state enjoyed more than double the U.S. amount with an average gain of $35,800 according to the CoreLogic® Home Equity Report. CoreLogic reported [..]

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

Washington #13 among “Most Educated States”

Washington ranked 13th in a Work + Money report on the most educated states in the U.S. The digital media site reported the 13.1 percent of Americans who hold an advanced degree (as of 2018) earned on average 3.7 times more than those who had not completed high school. Washington [..]

News In Brief: January 2021

Rents in Seattle are continuing to decline month after month amid the coronavirus pandemic. November data from ApartmentList found that Seattle rents declined 5.6% month over month and are down nearly 20% since the start of the pandemic in March. For the past eight months straight, Seattle has seen its [..]

Housing experts expect post-pandemic rebound

Spokane-Spokane Valley is expected to be a “top 10” market during and in a post-COVID environment, according to the National Association of Realtors®, which made the prediction as part of last month’s second annual Real Estate Forecast Summit. It was the only area within Washington state to make the list. [..]

SKCR Events Calendar: January 2021

SKCR Events Calendar: January 2021

Unlike Silicon Valley, Seattle dodges “techie exodus”

With pandemic-induced “work-from-anywhere” policies being implemented at countless companies, several urban areas are experiencing high rates of outmigration. Seattle seems to be faring just fine, according to “inflow-outflow ratio” data from LinkedIn, and other research. That contrasts with Silicon Valley, where the rate of relocating employees and investors has been [..]

Veteran policy consultant offers insights for housing advocates

In a special presentation tailored to Realtor associations, veteran public policy/communications consultant Michael Luis discussed constraints and strategies for working effectively with local governments. Drawing on his experiences as an elected official and executive with local not-for-profit and economic development organizations, the Medina resident offered insights on changing land use [..]

“Extraordinary market conditions” sustain strong home sales around Washington state during holidays

KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, [..]