News You Can Use
Back to News Center Two cities in Washington made the list of “most educated cities in the U.S.,” according to a new report by WalletHub. Researchers used 11 key metrics to compile the rankings. The Seattle-Tacoma-Bellevue metropolitan statistical area (MSA) is #9 on the list, while Spokane-Spokane Valley came in…
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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 The dream of homeownership is a powerful motivator for both Gen Z and Millennials, new research shows. Even though they face financial hurdles, these would-be buyers prioritize the long-term financial security a home can provide. Despite uncertainty among prospective homebuyers and current owners, more than half…
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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 Seattle King County REALTORS® (SKCR) has successfully collaborated with the Bothell City Council to modernize the city’s sign regulations, ensuring alignment with recent U.S. Supreme Court rulings. This important update removes content-based distinctions in signage laws, strengthening compliance. Previously, the city’s code limited on-premises temporary signs-such…
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Back to News Center Property taxes in the Seattle metro area ranked 10th highest among 216 other U.S. metros with a population of at least 200,000, according to data from Attom, a leading provider of property and real estate data. Its report shows property taxes have jumped 57% since 2016.…
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Back to News Center Housing affordability continues to hamper would-be home buyers, according to a report from the National Association of REALTORS® (NAR). It found the demographic profile of homeownership is shifting, with first-time owners comprising only 24% of the buyers, down from 2023 when that cohort was 32%. In…
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Back to News Center Housing activity during March perked up with the arrival of spring, according to the latest report from Northwest Multiple Listing Service. Listings, sales and prices all outgained the previous month and the same month a year ago. Brokers suggested more favorable conditions await would-be buyers, with…
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Back to News Center The 2025 legislative session is heating up as the end of the 105-day session approaches. Bills still alive within the Washington Legislature have had to make it through six cutoffs-with two more to go. These final 16 days are largely focused on budget and finances, with…
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