NW REporter

July 2019 Issues

Sustainability thought-leaders will keynote 2019 Built Green Conference

A planetary futurist and two architects known for their expertise in passive, sustainable, zero energy, and carbon neutral building are keynoters for the 2019 Built Green Conference. This year’s annual gathering of the “brightest and best in green building” is scheduled for September 12 at the Lynnwood Convention Center. Organizers [..]

“Regular people” can invest in new fund for affordable housing

Seattle’s largest nonprofit provider of affordable housing became the first such group in the country to raise money through federal crowdfunding regulations for affordable housing when it unveiled its Building Opportunity Fund last month. Bellwether Housing’s effort, launched in collaboration with Tech 4 Housing, aims to raise $4.5 million in [..]

Momentum building for B2R

“There is a consumer rental demand that is driving these institutions to want much greater levels of inventory of this product,” said Gerald Ellenburg, CEO of ERC Homebuilders, in an interview with CNBC. “They are learning or have learned that new inventory is a much safer and more official rental [..]

Nominations for Friend of Housing awards are due July 12

Know any affordable housing champions? If you know deserving candidates who are making communities and families in Washington state stronger through affordable housing, nominate them for a Friend of Housing Award. They could be among the honorees at this year’s Housing Washington conference on October 1 in Tacoma. Friday, July [..]

REALTORS host housing briefing for candidates to promote working together for stronger communities

Changing the narrative was a common theme at the 2019 annual Housing Issues Briefing presented by Seattle King County REALTORS® for candidates seeking public office. The event at Bellevue’s Meydenbauer Center drew more than 100 participants. With a focus on “working together to build stronger communities,” SKCR president Rich Bergdahl [..]

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, 17 pages, 372KB)

New drinking water rules of which Kitsap County home sellers should be aware

New drinking water regulations are taking effect in Kitsap County this year of which real estate professionals and prospective home sellers need to be aware. An updated drinking water ordinance approved by the Kitsap Public Health District Health Board in 2018 created several rules for new and existing Group B [..]

Buyers getting “some relief” as key indicators point to strong summer for housing market

KIRKLAND, Washington (July 8, 2019) – Inventory, pending sales and prices all increased during June compared to a year ago, according to the latest report from Northwest Multiple Listing Service. The same report, which covers 23 counties in Washington state, shows year-over-year drops area-wide in both the volume of new [..]

Northwest MLS revises 28 forms

Northwest MLS member-brokers and subscribers can now access revised forms, which were published for use on Xpress Forms and Transaction Desk on July 1. The changes, made primarily for clarification purposes, were outlined in the 5-page Legal Bulletin 21 issued in early June. The revised forms include: Listing Agreements (Form [..]

News In Brief

Washington was recently named the Best State Economy in the nation by WalletHub, and it had a healthy lead over second-place Utah. The agency compared all 50 states plus D.C. in 28 metrics across three general categories: Economic Activity, Economic Health, and Innovation Potential. As you might imagine, Washington scored [..]

SKCR Events Calendar

Date Event Time Where Phone 7/10/19 Board of Directors 9:30 am-12:30 pm SKCR 425-974-1011 7/22/19 Golf Tournament   Fairwood Golf Course 425-974-1011 7/31/19 New Directors Meeting 10:00 am-11:30 am SKCR 425-974-1011 8/6/19 Gov’t Affairs Committee 10:30 am-1:30 pm SKCR 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”

Bankrate offers guide for financing age-in-place renovations

Knowing an overwhelming number of people age 65 and older (95 percent) prefer to stay in their own homes as they age, Bankrate created a guide that compares financing options for various age-in-place renovations. The fully accessible guide considers various living situations, including pre-retirees who own a home and are [..]

Voters urged to check, update their status as state implements new elections system

Brokers who have helped clients with a recent move may want to remind them to check or update their voter information before the August 6 primary election. State and King County elections officials are encouraging voters to check their status due to “glitches” that have been uncovered in connection with [..]