NW REPORTER

NW REporter

March 2022 Issues

Groups align to close gaps in homeownership among Blacks

Upon hearing the speaker tell the audience Black brokers were banned from membership in the National Association of REALTORS® prior to 1961, one prominent broker and industry leader remarked, “This is the first time I heard NAR did not allow Black people. I am sorry and appalled.” Speaking at a [..]

Built Green unveils updated resources

Updated handbooks and checklists for Built Green single-family and multifamily homes are available from the Master Builders Association of King and Snohomish Counties. The new publications include significant updates in response to code changes, and a new section on Equity and Social Justice. Built Green, established in partnership with King [..]

Free COVID-19 safety materials available to Washington businesses

As more workers return to their offices and coronavirus restrictions change, the Washington State Department of Health (DOH) created new materials to help businesses promote COVID-19 safety at their workplaces. The free materials include WA Notify posters, testing posters, and vaccinated buttons. These items are available in English and Spanish, [..]

Insights on ways brokers boost their income

4th Annual Real Estate Income Guide Real estate agents with special designations and/or who focus on specific niches tend to have above-average income, according to the latest Real Estate Income Report from McKissock Learning. Their research also showed experience and hours worked correlate with earnings. Findings in the 4th annual [..]

Multiple offers “the norm” for home buyers, but may ease with uptick in listings

KIRKLAND, Washington (March 7, 2022) – Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures. Read the Latest Press Release Other resources: Market Report [..]

News In Brief: March 2022

The cost of living for an average U.S. family has gone up an extra $276 a month, according to The Wall Street Journal. As inflation rises, the price of groceries, gasoline and cars is making up all those costs. Overall household debt jumped by $1 trillion, the most since 2007, according [..]

Renton’s Permit Ready ADUs drawing praise

Permit Ready Accessory Dwelling Units (PRADUs) are one way Renton hopes will help ease the region’s housing crisis, as evidenced by historic shortages in inventory and skyrocketing prices. Underscoring the need to create more inventory is Washington’s last place ranking among 50 states when comparing the number of housing units [..]

SKCR Events Calendar: March 2022

SKCR Events Calendar: March 2022

Multiple offers “the norm” for home buyers, but may ease with uptick in listings

KIRKLAND, Washington (March 7, 2022) – Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures. Commenting on the latest statistical report from Northwest [..]