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Changes to Kittitas County Real Estate Excise Taxes

July 25, 2024

Back to News Center Seattle King County REALTORS® has been assisting REALTOR® members in Kittitas County in efforts to better understand the passage of a second 0.25% real estate excise tax (REET) without a vote of the people, and to evaluate the prospects for a levy lid lift to pay…

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REALTORS® Support City Initiatives for Homeownership

July 25, 2024

Back to News Center REALTORS® have long supported, and been active and successful advocates for, local action to increase the number of housing units, both here in King County and statewide. Those efforts to increase housing supply have included new financial incentives, and wide-ranging policies to increase middle housing, accessory…

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Rewiring America offers tool to help Americans go electric, save money

July 23, 2024

Back to News Center Homeowners can get a free, Personal Electrification Planner to help save money, improve home comfort, and make a positive climate impact. Offered by Rewiring America, it promises an “easy-to-use home-electrification planning tool” that will generate a customized plan in less than five minutes. The planner will…

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Seattle’s ADU permits outpacing single family permits

July 22, 2024

Back to News Center Seattle issued 987 permits for Accessory Dwelling Units (ADUs) in 2023, twice the volume in 2020 when the city issued 482 ADU permits. Officials point to an easing of regulations in 2019 as a key factor, according to a newly released ADU progress report. The report,…

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New Statewide program to remedy discriminatory homeownership practices

July 17, 2024

Back to News Center On July 1, Washington state launched a new program and funding source called the Covenant Homeownership Program. Created by the state legislature in 2023 through the Covenant Homeownership Act (HB 1474), the landmark legislation helps low-income homebuyers statewide whose families have been harmed by racial discrimination…

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Third Annual Homestay Program for Japanese real estate professionals

July 16, 2024

Back to News Center The third annual Global Real Estate Homestay Program welcomed three real estate professionals from Japan on July 12-17. Visitors spent four days with hosts for an immersive experience in the daily life of REALTORS® in the US. They visited real estate offices, attended showings and property…

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Housing Inventory Improves, but high prices, interest rates are constraining activity

July 15, 2024

Back to News Center Despite strong gains in inventory levels, Northwest Multiple Listing Service reported year-over-year (YoY) drops in both pending sales and closed sales during June for the 26 counties in its monthly report. The area-wide median sales prices rose 4% from twelve months ago. King County’s pending sales…

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In Memoriam: Jack Johnson

July 8, 2024

Back to News Center Modified from the original post at nwmls.com.   The Seattle King County REALTORS® is saddened by the passing of Jack Johnson, former President and CEO of NWMLS. Jack passed away on June 21 at the age of 83. “Jack was an acknowledged leader in the real…

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Elected officials, candidates join REALTORS at 30th Annual Housing Issues Briefing

July 8, 2024

Back to News Center “We need to take bold action to alleviate housing supply issues, ultimately helping affordability,” said Gina Madeya, 2024 vice president of governmental and public affairs for Seattle King County Realtors® (SKCR) in opening remarks at the association’s 30th Annual Housing Issues Briefing. Speaking before an audience…

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NAR Director Election to Be Held August 7

July 8, 2024

Back to News Center President Michael Orbino has announced an election on August 7 to fill one available position on the Board of the National Association of REALTORS® (NAR). Seattle King County REALTORS® is allocated two positions on the NAR Board of Directors. These NAR Directors are elected at the…

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