Employment is growing in the Seattle area, yet the ratio of listings to closed sales (months of housing supply) has declined steadily since 2012 (see chart). The King County average for 2016 is 1.25 months of supply; a 4 – 6 month supply is considered a healthy, balanced housing market.… Read more
KBTC’S Northwest Now aired a segment last Friday on the real estate market in Western Washington. Their panel included our 2016 President Patti Hill , Skylar Olsen the Senior Economist for Zillow, Sharon Benson 2016 President of the Tacoma-Pierce County Association of Realtors, and Robert Lipston of Opes Advisors. You can watch the 2-part… Read more
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Three generations of REALTORS® met with Representative Judy Clibborn (D-41) to discuss the issue some are facing with being double taxed through the real estate excise tax (REET). Van Anderson and @MichaelOrbino meet with Representative Clibborn of the 41st District. #2016HillDay pic.twitter.com/T437i5Ngfk — SKCRealtors (@SKCRealtors) January 21, 2016 Van Anderson,… Read more
The Women’s Council of REALTORS Seattle-Metro Chapter held their first meeting of the year at our Bellevue office and invited Chief Economist for Windermere, Matthew Gardner, to give a presentation titled “What Will 2016 Hold for the Seattle Economy and Housing Market?” You can read more about Gardner’s predictions for our region’s… Read more
Recently, the Seattle Times published an article, “Region at a crossroads as home-buying power shrinks,” highlighting the many factors contributing to rapidly rising home prices and lack of inventory. Seattle King County REALTORS® have been submitting comments and suggestions for over a year to policymakers on ways to keep housing… Read more
Seattle King County REALTORS® submit comments on Seattle’s Comprehensive Plan Update encouraging housing inventory to accommodate unmet housing demand. View the document below or click the link to Download.
Around 30 REALTORS® and Affiliates volunteered October 16, 2015 at the historic Dunn Gardens in Seattle. Located in Seattle’s Broadview neighborhood, the former “country getaway” for a prominent Seattle family reflects a love of plants and the ideals of the esteemed Olmsted Brothers Landscape firm that designed Dunn Gardens in 1915. Led by… Read more
This article originally appeared as part of MarketWatch.com’s Location Scouts series that features housing-market updates from real estate professionals in cities across the country. The original article can be read here. Seattle homes selling in 5 days and over asking price Low inventory means buyers must be ready to act… Read more
Early Tuesday morning, the Master Builders Association of King and Snohomish Counties hosted a Housing Summit at the Meydenbauer Center in downtown Bellevue to discuss how the rapid growth in the Puget Sound region affects the issues of transportation and housing. With over 250,000 jobs added across the four-county region… Read more