Housing Supply
Back to News Center Of the top 50 housing markets in the U.S. only three (all in the Midwest) are considered affordable for median earners, according to Realtor.com. In its analysis, the listings website used the industry threshold that no more 30% of a household’s income is spent on buying…
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Back to News Center Calling the housing affordability crisis in our region “daunting,” former Governor Christine Gregoire stressed the only way to solve this complex issue is via a public-private partnership. Gregoire gave keynote remarks recently during the 31st annual Housing Issues Briefing presented by Seattle King County REALTORS® (SKCR).…
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Back to News Center Seattle Mayor Bruce Harrell signed an executive order in late June to create an interdepartmental team that is tasked with streamlining the process to build homes and start a business. Titled PACT, or “Permitting and Customer Trust,” the measure represents “the most significant concerted effort in…
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Back to News Center Last week, nearly 20 members of Seattle King County REALTORS® traveled to Washington, D.C. to participate in the National Association of REALTORS® Legislative Meetings (RLM). Over five days, REALTORS® from across the country met to discuss association and industry business. The event culminated in thousands of…
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Back to News Center In a year of playing defense in the Washington State Legislature, the real estate industry recorded some impressive wins for housing, despite an anticipated loss on rent control. “Overall, this session was a win for REALTORS® and their clients,” said Mary Hull-Drury, Government Affairs Director for…
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Back to News Center On April 25, representatives from Seattle King County REALTORS® (SKCR) attended the campaign kick-off breakfast for Claudia Balducci, whom SKCR has endorsed for King County Executive in this year’s election. Balducci, a long-time REALTOR® Champion, currently serves on the King County Council for District 6 and…
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Back to News Center Background During the last 5 years, the Legislature has tried several different approaches to address our state’s housing crisis: Incentives Beginning in 2019, with support from REALTORS®, the Legislature provided financial incentives to cities if they made specific modifications to development regulations to quickly accommodate more…
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Back to News Center Seattle King County REALTORS® (SKCR) continues to work throughout the region to encourage cities to adopt flexible and bold comprehensive plan policies and related development regulations to encourage ADUs and middle housing in their cities. REALTORS® are encouraging policymakers to view increased housing supply through zoned…
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Back to News Center REALTORS® from across the state gathered at the Washington State Capitol on January 30 to discuss REALTORS’® priority legislation with their representatives. Of the almost 700 registrants who attended the annual Hill Day organized by Washington REALTORS®, over 100 were members of Seattle King County REALTORS®,…
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Back to News Center At an annual joint meeting of the City of Black Diamond, The City of Enumclaw and the Enumclaw School District, Black Diamond Mayor Carol Benson disclosed that her city had to reduce the amount of housing it planned in its Comprehensive Plan because of pressure from…
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