NW REporter

April 2019 Issues

Industry’s leading attorneys spar over flawed transactions at sold out Battle of Barristers

Five experienced attorneys, including one who served as moderator, and a sold-out crowd of 550 Realtors and affiliates gathered in Bellevue last month for the annual Battle of the Barristers presentation of Seattle King County REALTORS®. Along with being approved for three clock hours, the event was a fundraiser for [..]

Two tech companies announce alliance

Called a “groundbreaking collaboration,” two real estate technology companies announced plans to integrate advanced functions that will enable members of Northwest Multiple Listing Service and brokers from more than 170 other MLS organizations to perform essential business functions with a single platform. CoreLogic, a leading global property information, analytics and [..]

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, 12 pages, 278KB)

Region’s in-migration shows signs of waning

Is King County’s growth attributed to in-migration waning? Statistics from the state’s Department of Licensing suggest it may be. Seattle Times columnist Gene Balk analyzed DOL data and found the number of driver’s licenses issued to new King County residents from out of state declined for the second straight year. [..]

Housing market rebounds from February freeze

KIRKLAND, Washington (April 5, 2019) – Both pending sales and new listing activity around Western Washington surged during March as buyers, sellers, and brokers emerged from February’s record snowfall. Brokers added 10,516 new listings of single family homes and condos to the Northwest Multiple Listing Service inventory last month, the [..]

News In Brief

According to EducatedDriver.org, the average resident in Seattle, Bellevue, and Tacoma will spend approximately 9.88 days commuting in 2019, which comprises daily one-way trips of 29.3 minutes and round trips of 58.6 minutes. So drivers will spend about as long driving to work as kids spend on vacation for spring [..]

Americans value local news, but few pay for it

Contrary to what those within the news industry believe, most Americans think local news is doing well financially. In fact, there is widespread unawareness about the revenue challenges facing many local news media operations, and only a small percentage of news consumers pay for or donate to local news organizations, [..]

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 look under “Events”

Seattle City Council unanimously passes MHA upzones

The Seattle City Council on March 18 voted unanimously in favor of neighborhood upzones associated with the Mandatory Housing Affordability (MHA) program. The upzones will impact 27 transit centers around the city, some of which are already zoned for commercial and apartment buildings. The MHA program has been controversial with [..]