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REALTORS® Advocate for a Positive Regulatory Environment for Middle Housing

REALTORS® Advocate for a Positive Regulatory Environment for Middle Housing Back to News Center April 28, 2025 Seattle King County REALTORS® (SKCR) continues to work throughout the region to encourage cities to adopt flexible and bold comprehensive plan policies and related development regulations to encourage ADUs and middle housing in their cities. REALTORS® are encouraging…

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Renton: Reform of Development Regulations for Land-Use Appeals

Renton: Reform of Development Regulations for Land-Use Appeals Back to News Center April 28, 2025 Currently, Renton’s city code provides that decisions on land-use–related development applications are made by a professional Hearing Examiner. Once the Examiner’s decision is made, the City Council acts as a “quasi-judicial” appellate body for appeals of most land-use decisions. Seattle…

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Tukwila: Process Reform for Binding Site Improvement Plans

Tukwila: Process Reform for Binding Site Improvement Plans Back to News Center April 28, 2025 Currently, when a property owner wants to utilize the city of Tukwila’s Binding Site Improvement Plan (BSIP) process to develop their property, the property owner must also enter into a Development Agreement with the city. The two processes are redundant…

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Q1 2025 Sign Codes Updates

Q1 2025 Sign Codes Updates Back to News Center April 28, 2025 Sign code updates are in play in Bellevue, Bothell, Lake Forest Park, and Duvall. We seek to maintain members’ ability to post on-premises “For Sale” signs and off-premises “Open House” A-boards, placed in the right-of-way during open-house hours. Sign code updates are complicated…

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Housing Activity Uptick in March

Housing Activity Uptick in March Back to News Center April 23, 2025 Housing activity during March perked up with the arrival of spring, according to the latest report from Northwest Multiple Listing Service. Listings, sales and prices all outgained the previous month and the same month a year ago. Brokers suggested more favorable conditions await…

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Market Activity in January outgained same month in 2024

Market Activity in January outgained same month in 2024 Back to News Center March 7, 2025 January’s housing activity showed both new listings and closed sales outgained the same month a year ago. Northwest Multiple Listing Service (NWMLS) data for the month showed new listings jumped 35.1% and closed sales rose 10.8% compared to January…

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Builders Tally Cost of Regulations for New Homes

Builders Tally Cost of Regulations for New Homes Back to News Center March 3, 2025 Regulations accounted for nearly a quarter (23.8%) of the average cost of a new home ($394,300), according to the National Association of Home Builders (NAHB). The figures are based on data from 2021, the latest available information. In a more…

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Parks Levy Proposed for August Ballot

Parks Levy Proposed for August Ballot Back to News Center February 27, 2025 King County Executive Dow Constantine has proposed a $1.5 billion levy to renew the county’s parks levy. It contains funding to maintain, enhance and expand parks and trails The measure, which is subject to approval by the King County Council, is likely…

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Early Assessment Shows Broker Commissions Declining

Early Assessment Shows Broker Commissions Declining Back to News Center December 30, 2024 A comparison of real estate broker commissions shows year-over-year decreases for both buyer agents and seller agents. In a recent blog, internationally known economist Elliot F. Eisenberg, Ph.D., noted it’s “still very early and the housing market is profoundly weak,” but said…

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Seasonal slowdown evident but industry watchers expect more supply and moderating prices

Seasonal slowdown evident but industry watchers expect more supply and moderating prices Back to News Center December 20, 2024 Key metrics on housing activity were mixed in November as seasonal slowdowns began, according to Northwest Multiple Listing Service. Its latest report shows systemwide month-over-month declines in new listings, total inventory, pending sales, closed sales and…

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