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
Affordability, lack of inventory, having enough choices for their clients: those are the business concerns of brokers in our 2019 Membership Survey. Not surprisingly, affordability remains top of mind for King County brokers, as it has for the last several years. Seattle King County REALTOR® members completed the survey in… 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
In a move to increase transparency and flexibility for consumers and brokers, the Northwest Multiple Listing Service (NWMLS) will update its rules concerning the publishing of selling office commissions (SOC). The rules update will take effect on October 1, 2019 and will make three basic changes. The update will allow… Read more
Georgia Stevens, 2020 President of Seattle King County REALTORS®, has been appointed Vice Chair of the National Association of REALTORS® Young Professionals Network (YPN). This national position will give Georgia, a broker with Compass, the opportunity to use her leadership skills and experience to assist YPN networks across the country.… Read more
iOi Summit 2019: Registration Now Open August 21-22 Hyatt Regency Seattle Calling all real estate innovators, entrepreneurs, investors and executives! The National Association of REALTORS® second annual iOi Summit, which stands for Innovation, Opportunity & Investment, brings together over 500 real estate technology minds, investors, and real estate brokers to… Read more
Patti Hill, a managing broker and endorsed branch manager of John L. Scott Seattle Northeast, has been elected to serve on the National Association of REALTORS® Board of Directors for a two-year term. Hill, the 2016 President of Seattle King County REALTORS®, was elected by the local Board to this… 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 2020 Board of Directors election was held May 31-June 28, 2019. The election results are listed below. Thank you to those members who put their names forward as candidates and to all those who cast a vote this year. Board members serve one- or two-year terms, meet six times… Read more
The region has a lot of work to do on housing and homelessness, but if we work together, we can do it. That was the theme of A Compassionate Conversation hosted by Windermere at The Cinerama in Seattle on Monday in the firm’s first company-wide discussion about homelessness in Seattle.… Read more