Housing Supply
Back to News Center As cities and King County neared final votes on compressive plans, Seattle King County REALTORS® (SKCR) encouraged increased zoned densities through meetings with elected officials, letters, and public testimony. In many jurisdictions, the opposition to upzones was fierce. SKCR’s voice was an important reminder to elected…
Read More Back to News Center At its final meeting of 2024, the Renton City Council approved the state-mandated update of its comprehensive plan to guide and facilitate the city’s growth over the next 20 years. The changes are intended to accommodate 17,000 new housing units and almost 32,000 jobs in Renton…
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Back to News Center This month, Seattle King County REALTORS® has launched REALTORS® + Housing, a new website dedicated to tracking the changes to housing policy mandated by two pieces of legislation passed by the Washington Legislature in 2023: HB 1110 and HB 1337. These bills are set to transform…
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Back to News Center Comprehensive guidelines for designers and builders working on modular units and factory-built housing projects using mass timber and light wood frame members are being developed by two universities thanks to a $225,000 grant. The U.S. Department of Housing and Urban Development awarded the two-year grant to…
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Back to News Center In September, Mayor Bruce Harrell announced a package of new legislation to streamline the permitting process and increase production of accessory dwelling units (ADUs) in Seattle, creating more diverse and affordable housing opportunities. “Making progress on Seattle’s urgent housing affordability needs requires not only increasing overall…
Read More Back to News Center All 39 cities in King County are continuing their work to meet the Legislature’s December 31 deadline for each city to update its 20-year comprehensive plan, including new requirements to accommodate middle housing and more ADUs. In addition, cities must meet a June 30, 2025, deadline…
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Back to News Center Mortgage rates fell to their lowest level since February 2023 last month, but the cut did not spark much movement in homebuyer demand, according to the latest data from Northwest Multiple Listing Service (NWMLS). Its report for September showed year-over-year (YoY) gains in both new and…
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Back to News Center “We need to take bold action to alleviate housing supply issues, ultimately helping affordability,” said Gina Madeya, 2024 vice president of governmental and public affairs for Seattle King County Realtors® (SKCR) in opening remarks at the association’s 30th Annual Housing Issues Briefing. Speaking before an audience…
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Back to News Center At least 100,000 new units of housing will be created over the next 20 years as part of the draft One Seattle Plan. The 198-page document, released March 5 following two years of meetings that generated input from thousands of people, is a major update to…
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Back to News Center 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 U.S. Sekisui’s projects in the Greater Seattle area…
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