Townhomes, condos, duplexes and other multi-family options are crucial to the success of our real estate market. They represent the housing of choice for many moderate- to middle-income households and are often the important entry point for families to homeownership. Yet today, these housing types are often referred to as… Read more
The Northwest Multiple Listing Service, in response to broker feedback, recently rolled out new input options for the database. Members will now be able to add information about any accessory dwelling units (ADUs) on the property in the “Accessory Dwelling Unit Info” section. The new field options include ADU square… Read more
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
Windermere Chief Economist Matthew Gardner knows affordability and housing supply are still major issues in Seattle and other hot housing markets across the country. But are we in a housing bubble? Gardner says he doesn’t see anything in the numbers to be afraid of. Gardner presented a data-packed economic and… Read more
REALTORS® doing business in and around Seattle know there’s not enough affordable housing to satisfy all the buyers looking for homes. Despite rising inventory levels and moderating prices, there are still many buyers who can’t afford to enter our market. Likewise, sellers who want to downsize find fewer and fewer… Read more
With inventory across the state and especially in Seattle at historic lows, REALTORS® are facing a business problem: there just aren’t enough homes to sell. The recently released National Association of REALTORS® 2018 Member Profile takes a random sampling of REALTORS® from across the country to find out who REALTORS®… 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