Senator Guy Palumbo, D-1st District, has seen his district grow amidst our region’s job boom. In fact, the district – which straddles the King and Snohomish county line and includes Bothell and part of Kirkland – has absorbed much more growth over the last decade than anyone expected or planned… Read more
Whatever your ideas on how to solve Washington state’s housing crisis, we all agree on one thing: we need to do something. Speaking to the sold-out crowd at the Master Builders Association of King and Snohomish Counties (MBAKS) Housing Solutions Breakfast this morning, sponsored by Seattle King County REALTORS®, Georgia… Read more
Your clients have stories about their arduous home buying process. Now they have a useful place to share them. Non-profit groups, builders, REALTORS® and others have recently teamed up to promote legislative solutions to our statewide housing affordability crisis. The coalition, called Unlock the Door for Affordable Homeownership, is calling… Read more
Annual report on legislative successes now available From ADUs to education funding to housing supply, REALTORS® are working on issues that affect you, your business and your clients every day. This year, Seattle King County REALTORS® supported successful efforts to build more homes in several cities in King County. In… Read more
Despite recent growth in new listings, first-time home buyer opportunities in our market are scarce. Buyers know it, and brokers with frustrated clients who can’t afford to break into the Puget Sound region’s market know it too. James Young, Director at the Washington Center for Real Estate Research (WCRER), visited… Read more
In March, hopeful homebuyers camped out overnight to reserve a unit in Bellevue’s forthcoming luxury condo tower, One88. Those prospective buyers committed to condos that won’t be ready until 2020. Very few condos are being built in our region, which has driven prices and demand to historic highs. That’s just… Read more
From legislative priorities to diversity issues to awards, the Washington REALTORS® Spring Business Conference at the Seattle Airport Marriott last week covered everything impacting REALTORS® in Washington. Wednesday featured a first-time conference attendee orientation, where new state directors learn more about their roles. Robyn Phillips, WR Orientation Chair, greeted the… Read more
Condos that open homeownership options to buyers are a much-needed missing piece of inventory in our market. Due to Washington’s laws around constructing them, however, they’re just not being built. The good news is that the condo ball is rolling – and picking up speed. REALTORS® have plans to keep… Read more
A bill that would revise the Washington Condominium Act to create opportunities for developers to work with homeowners’ associations on fixing construction defects instead of facing lawsuits did not make it to the House floor last week. Seattle King County REALTORS®, Habitat for Humanity, the East King County Chambers Coalition,… Read more
Seattle King County REALTORS® President Shane Davies traveled to Olympia this morning to testify in front of the House Judiciary Committee on a new condo law reform bill. “There are zero condominiums under half a million dollars in King County for sale that are less than five years old,” Davies… Read more