NW REPORTER

NW REporter

Northwest REporter is a joint publication brought to you by Northwest Multiple Listing Service and the Seattle King County REALTORS.

Can housing resuscitate dead malls?

Will housing be the salvation of malls? According to some reports, it is happening across the country and around Washington state, but with varying approaches. Once dormant or dead malls are being revitalized and repurposed to include mixed-use development. The transitions have been happening for years, if not decades, but [..]

Brokers, home buyers welcome growing inventory and market returning to “some sense of normalcy”

Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the smallest year-over-year (YOY) increase in [..]

Brokers, home buyers welcome growing inventory and market returning to “some sense of normalcy”

KIRKLAND, Washington (July 6, 2022) – Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the [..]

State Capitol campus abuzz with new garden

Nine organizations collaborated to create a 1,000 square foot demonstration garden on the Washington State Capitol campus. The project with eight learning stations, was completed in June. It marks the first garden on the campus with an intentional educational component. The Capitol Campus Pollinator Garden, open every day, was designed [..]

Developers rethinking amenities as consumer preferences shift

Trend tracking research from The New Homes Trends Institute (NHTI) indicate what consumers want in master planned and rental communities is changing, requiring developers to rethink their offerings. Researchers identified three low cost, high impact amenities that merit consideration as add-ons: Concierge and rental services Amenities that facilitate working from [..]

Remembering beloved REALTOR Van Anderson

During a distinguished real estate career that spanned nearly six decades, Evangeline (Van) Anderson didn’t tally the number of transactions she wrote or commissions she earned. For her, the greatest rewards were the REALTOR® and client friends she made. (More than 1,200 were Facebook friends.) Several of Van’s colleagues gathered [..]

SKCR Events Calendar: July 2022

NWMLS again updates rules and forms to enhance transparency and flexibility for brokers and consumers

Revisions relate to broker compensation to promote innovation and competition Northwest Multiple Listing Service (“NWMLS”), building on updates implemented in 2019, announced additional revisions to its rules and forms. These member-driven revisions further enhance transparency regarding broker compensation and create additional opportunities for consumers and brokers to discuss and negotiate [..]

Housing Connector marks milestones in assisting the unhoused

Heralding their tool as a win-win example of what can happen when businesses join forces with communities around a shared vision, the founders and initial supporters of Housing Connector are celebrating recent milestones. Housing Connector is a business-to-business nonprofit that functions as the bridge that connects private multifamily property owners [..]

Issues & Impacts: July 2022

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

News In Brief: July 2022

The Emerald City boasts the third-fastest-rising rent year over year in the country, according to a new report from Redfin. The Seattle-based real estate company found the median monthly asking rent in the United States in May surpassed $2,000 a month for the first time, up 15.2 percent year over [..]