NW REPORTER

NW REporter

August 2021 Issues

Champion for equitable health access named 2021 First Citizen

Benjamin S. Danielson M.D., a revered pediatric physician and dedicated community volunteer, has been selected as the 2021 recipient of the Seattle-King County First Citizen Award. The former medical director of the Odessa Brown Children’s Clinic will be honored at a civic banquet on October 28. “Dr. Ben,” as he [..]

Bellevue revises tax exemption program to spur workforce housing

Bellevue City Council’s decision to revise its multifamily tax exemption (MFTE) program drew praise from affordable housing advocates, local builders, major employers, real estate industry leaders, and other workforce housing stakeholders.   Jane Broom, Microsoft’s senior director of philanthropies, called the expansion of the MFTE program “a critical step in [..]

Built Green Conference 2021

Recognizing houses have become more than homes – “they are now offices, schools, gyms, and emotional shelter” — organizers of this year’s Built Green conference say the event will delve into how existing buildings can be retrofitted to bring them into a future while leaving no one behind. This year’s [..]

Desire for homeownership continues trending upward

Americans have a growing desire to become homeowners, according to the latest Housing Trends Report, a research product created by economists at the National Association of Home Builders (NAHB). Researchers reported 17% of American adults are considering a home purchase within a year. That seasonally-adjusted share for the 2nd quarter [..]

Bellwether Housing adding 182-unit affordable housing project

Bellwether Housing broke ground on Flourish on Rainier, its latest affordable housing project, in mid-July. With an anticipated opening in summer 2023, it will encompass 182 family-centered homes, many with 3 or 4 bedrooms. It is not yet leasing. At the groundbreaking, Lisa Hawkins, a construction project manager at Bellwether, [..]

Home buyers are finding some relief, but Northwest MLS brokers say it is temporary

KIRKLAND, Washington (August 5, 2021) – Competition for homes eased slightly in July across much of Washington state, but brokers from Northwest Multiple Listing Service expect the respite to be short-lived, with inventory still tight and prices still climbing. Read the Latest Press Release Other resources: Market Activity Snapshot Market [..]

News In Brief

A federal judge has upheld renter protections passed by the Seattle City Council in 2017, finding they are a reasonable approach for reducing housing discrimination. The protections, enshrined in the Fair Chance Housing Ordinance, prohibit most landlords from inquiring about the criminal history of renters or prospective renters. The city [..]

Oregon bans “love letters” in real estate transactions

Oregon lawmakers put the kibash on the use of “love letters” for real estate transactions, making the Beaver State the first in the nation to ban them.  House hunters who hope to have their purchase offer favored by sellers can no longer include communications that convey their love of the [..]

Former SKCR staffer launches new venture

Val (Towler) Taylor, who worked at Seattle King County REALTORS™ for 12+ years before relocating to North Carolina, has taught herself various art mediums over the years. During the COVID-19 lockdowns, she concentrated on learning to draw with watercolors and soft pastels. SKCR’s former director of membership and communications turned [..]

Coalition documents gaps between renter wages and cost of rental housing

In no state, metropolitan area, or county can a full-time minimum-wage worker afford a modest two-bedroom rental home. Even a modest one-bedroom apartment is beyond the means of these workers in 93% of U.S. counties, according to Out of Reach 2021: The High Cost of Housing report. Researchers ranked Washington [..]

SKCR Events Calendar

Date Event Time Where Phone August 12 Affiliate Council 9 a.m.-10 a.m. Zoom 425-974-1011 August 17 – 18 SKCR Planning All Day SKCR 425-974-1011 August 18 Affiliate Food Drive 8:30 a.m.-5:00 p.m. SKCR 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”

Home buyers are finding some relief, but Northwest MLS brokers say it is temporary

KIRKLAND, Washington (August 5, 2021) – Competition for homes eased slightly in July across much of Washington state, but brokers from Northwest Multiple Listing Service expect the respite to be short-lived, with inventory still tight and prices still climbing. “Although the local market is intense, buyers can find some relief [..]