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Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics

Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics Back to News Center May 15, 2024 Despite higher-for-longer interest rates that constrained purchasing power for some buyers, brokers across much of Washington reported solid gains in both pending and closed sales during April. In its latest report, Northwest Multiple Listing…

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Vote for the 2025 Board of Directors

Vote for the 2025 Board of Directors Back to News Center May 6, 2024 Official Election Notice The online ballot is now open to all members in good standing (paid 2024 dues). Members will receive a weekly reminder email in June with a link to vote electronically. All votes must be received by 12:00 PM…

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REALTORS® Propose Lot-Splitting

REALTORS® Propose Lot-Splitting Back to News Center April 17, 2024 This year, counties and cities throughout the state are required to update their comprehensive plans. For housing issues, comprehensive plans set the policies upon which zoning and development regulations are established. Seattle King County REALTORS® (SKCR) is advocating strongly for policies that increase housing supply…

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Resources Abound for Earth Month, Earth Day Observances

Resources Abound for Earth Month, Earth Day Observances Back to News Center April 12, 2024 April is observed as Earth Month, a time to raise environmental awareness. Since the first observance of Early Day on April 22, 1970, EarthDay.org has mobilized more than 1 billion people annually “to diversify, educate and activate the environmental movement…

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King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices

King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices Back to News Center April 9, 2024 Slight improvement in new listings and total inventory compared to twelve months ago across the 26 counties served by Northwest Multiple Listing Service contributed to a small uptick in pending sales (1.15%) during March. Nonetheless, the…

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King County Brokers Report Positive Gains in Key Metrics

King County Brokers Report Positive Gains in Key Metrics Back to News Center March 15, 2024 Brokers in King County notched gains in four key metrics during February despite tight inventory and interest rates that are keeping some potential purchasers on the sidelines. The latest report from Northwest Multiple Listing Service (NWMLS) shows brokers in…

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Gaps widen for incomes needed to afford homes in 10 metro areas

Gaps widen for incomes needed to afford homes in 10 metro areas Back to News Center February 9, 2024 For many would-be homeowners, a recent report has some daunting numbers. Potential purchasers of homes in the Seattle area need to earn $215,000 a year to afford a typical home. That’s up 18% from a year…

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January housing activity slow but with some encouraging indicators

January housing activity slow but with some encouraging indicators Back to News Center February 9, 2024 In keeping with seasonal patterns, real estate activity was slow during January, but there were some encouraging indicators according to the latest market summary from Northwest Multiple Listing Service (NWMLS). For the 26 counties in the report, the volume…

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Japanese homebuilder expands footprint in Seattle area and around U.S.

Japanese homebuilder expands footprint in Seattle area and around U.S. Back to News Center February 8, 2024 In a $4.9 billion deal, Japanese homebuilder Sekisui House, Ltd. is purchasing M.D.C. Holdings Inc., of Denver. The acquisition makes Sekisui, which has projects in Washington and 13 other states plus Washington, D.C., the fifth-largest homebuilder in the…

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Cities Act to Embrace Various Legislation

Cities Act to Embrace Various Legislation Back to News Center January 31, 2024 The 2023 legislative session in Olympia was dubbed the “Housing Session” based on numerous bills passed by legislators to increase the supply of housing throughout the state. Now, cities are working to implement the new legislative mandates, with early action focused on…

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