The housing market in the Greater Seattle Area is continuing to see a rise in demand and home prices even as our economy is still recovering from COVID-19 impacts that peaked in April. This trend is expected to continue into 2021 according to Windermere Chief Economist Matthew Gardner’s 2021 economic… Read more
To determine the best local real-estate markets in the United States, WalletHub compared 300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength. Each metric was graded on a 100-point scale, with a score of 100 representing the healthiest housing market. Each city’s weighted average… Read more
Seattle King County REALTORS® has hosted its Housing Issues Briefing for 26 years to educate public officials and candidates running for public office on REALTOR® legislative issues. More than 80 individuals from across King County and the state joined in on this special, complimentary event held as a webinar this… Read more
The spring market for residential real estate was just ramping up with home prices “rising robustly” prior to the COVID-19 pandemic. Home prices are still looking to hold steady as the housing industry adapts to the “new reality” to list and close deals. Business activity can be expected to be “markedly… Read more
Washington REALTORS® and the NWMLS have developed a handout that brokers are encouraged to share with clients. The brochure advises what is permissible for the safe conduct of business under the Governor’s order. You can download and/or view the handout below. Download Handout
A consensus economic forecast points to a healthy housing market due to low mortgage rates, a low unemployment rate, consistent building activity, and a continually competitive first-time buyers’ market. Earlier this month, the National Association of REALTORS® (NAR) surveyed economists for its Real Estate Forecast Summit. Their 2020 projections are consistent with Windermere’s Chief Economist Matthew… Read more
The demand for housing should remain steady largely because of a hot job market and first-time home buyers in the Greater Seattle Area*. That is the biggest takeaway from the 2020 economic forecast presented by Windermere Chief Economist Matthew Gardner at the sold-out 4th Annual YPN The Edge Breakfast. The… Read more
A capacity crowd of 75 brokers attended Seattle King County REALTORS® (SKCR)’ first class on the new selling office commission (SOC) rules established by the Northwest Multiple Listing Service (NWMLS) which took effect on October 1, 2019. Taught by Instructor Denise Lones (CSP, CMP, M.I.R.M.), the class provides brokers with… Read more
As the Puget Sound region continues to boom with jobs and major development, luxury homes* are becoming more commonplace. Our region is becoming a great place for investment in luxury homes and affluent home buyers have become an increasing share of the Northwest consumer market. Luxury Live, a marketing seminar… 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