HUD has recently released its revised rule on FHA insured condominium loans. The new rule allows FHA borrowers to obtain “single unit approval” on non-FHA approved condominium properties that meet certain requirements. Such approvals had been suspended during the recession. The revised rule makes additional changes that hold the promise… Read more
“Middle income folks can’t afford to live in our communities. And that’s a problem,” said Mamie Marcuss at a recent Seattle King County REALTORS® meeting. Marcuss is the Director of Programs for Challenge Seattle, a private sector initiative led by many of the Seattle region’s CEOs working to address critical… Read more
The primary election REALTOR® Voting Guide provides you with information to make an informed choice before you cast your ballot. Before you vote in the upcoming election, find out where the candidates stand on the issues most affecting your business. The 2019 Primary Election REALTOR® Voting Guide can also be viewed… Read more
The newest edition of Issues & Impacts has just been posted. You can access the latest edition and read past editions any time at nwrealtor.com/advocacy/issuesimpacts.
The new accessory dwelling unit (ADU/DADU) legislation expected to be considered by the Seattle City Council sometime this summer is a positive step toward creating more affordable housing in our region. However, the proposal goes too far in limiting the choice of individual property owners who wish to build a… Read more
“REALTORS® need to stand up and tell their stories.” That was the message from Legislator Amy Walen when asked how REALTORS® could support positive actions on housing. Walen, former mayor of Kirkland, made the remarks at the 25th annual Housing Issues Briefing, a yearly event hosted by Seattle King County… Read more
Washington state, including King County and the Seattle metro area, has not built enough housing to keep up with the demand. Condos in particular have been underbuilt because of harsh liability laws. With very few condos built in the last decade, this more affordable middle-market option was not available to… Read more
An enthusiastic crowd of REALTORS® and Affiliates gathered at the Bellevue Club yesterday for the annual REALTOR® Wine & Spirits Auction. The event, organized by RPAC Chair Dahni Malgarini-Logar, set a new record, raising $29,832 for RPAC. The REALTORS® Political Action Committee (RPAC) uses voluntary investments from REALTORS® to support… Read more
BELLEVUE, Washington (April 10, 2019) – A capital projects levy that would help ease overcrowding in the fast-growing Lake Washington School District earned overwhelming endorsement from Seattle King County REALTORS® (SKCR). The measure will appear on the April 23 Special Election ballot. The Prop. 1 Capital Projects Levy seeks $20… Read more
The Seattle Times recently reported that the number of driver’s licenses issued to new King County residents who moved here from out of state declined in 2018 for the second year in a row. That combined with the housing market slowdown at the end of last year might make it… Read more