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Gaps widen for incomes needed to afford homes in 10 metro areas

By jnaegeli / February 9, 2024 / Comments Off on Gaps widen for incomes needed to afford homes in 10 metro areas

Back to News Center For many would-be homeowners, a recent report has some daunting numbers. Potential purchasers of homes in the Seattle area need to earn $215,000 a year to afford a typical home. That’s up 18% from a year ago and about $100,000 more than the U.S. average, according…

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Japanese homebuilder expands footprint in Seattle area and around U.S.

By jnaegeli / February 8, 2024 / Comments Off on Japanese homebuilder expands footprint in Seattle area and around U.S.

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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REALTORS® Aim for Continuing Pro-Housing Momentum in the 2024 Legislative Session

By jnaegeli / January 10, 2024 / Comments Off on REALTORS® Aim for Continuing Pro-Housing Momentum in the 2024 Legislative Session

Back to News Center In the 2024 Legislative Session of Washington State, REALTORS® Hope to continue the momentum from the historic 2023 “Year of Housing” session marked by the passage of a record number of pro-housing, REALTOR®-backed bills. Washington REALTORS®’ Government Affairs team said the focus of the upcoming session…

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New Book Examines Factors Influencing Housing Design

By jnaegeli / January 9, 2024 / Comments Off on New Book Examines Factors Influencing Housing Design

Back to News Center The State of Housing Design 2023, published on January 2, 2024, examines how architects of residential dwellings are addressing issues of affordability, the warming climate, changing demographics, and increasing regulations and construction costs. The 184-page book, edited by the Joint Center for Housing Studies of Harvard…

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Research Shows Divergent ADU Policies Across the Country

By jnaegeli / January 9, 2024 / Comments Off on Research Shows Divergent ADU Policies Across the Country

Back to News Center “ADUs alone cannot fully address a host of housing-related challenges,” wrote a researcher from the Harvard Joint Center for Housing Studies, but she found they can be “an important part of meaningful comprehensive efforts to address them.” In a report published late last year, Ellie Sheild,…

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EV Use Surging in “Four Corners” of U.S.

By jnaegeli / January 9, 2024 / Comments Off on EV Use Surging in “Four Corners” of U.S.

Back to News Center The Pacific Northwest has one of the country’s highest concentrations of electric vehicle (EV) use, according to a report from Axios. Their data from mobility analytics shows EV use is concentrated in the “four corners” of the U.S., with California, the Northeast and Southeast joining the…

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Pantone Unveils 2024 Color of the Year

By jnaegeli / January 8, 2024 / Comments Off on Pantone Unveils 2024 Color of the Year

Back to News Center “Peach Fuzz” (Pantone 13-1023) is color of the year for 2024. The hue is described as “nestled between pink and orange,” as a “cozy and comforting hue nurturing compassion and heartfelt kindness” and “a velvety gentle peach tone whose all-embracing spirit enriches mind, body, and soul.”…

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Washington Among Top States with Pampered Dogs

By jnaegeli / January 8, 2024 / Comments Off on Washington Among Top States with Pampered Dogs

Back to News Center Washington ranks third among states with the most spoiled dogs, according to a recent Forbes Advisor survey. Only Florida and Alaska outscored residents of the Evergreen State. Forbes analyzed 10 key metrics from a nationwide survey of 10,000 dog owners. Washingtonians are tops in spoiling their…

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Housing Metrics Show Signs of Rebound

By jnaegeli / January 8, 2024 / Comments Off on Housing Metrics Show Signs of Rebound

Back to News Center Would-be homebuyers started moving off the sidelines as 2023 came to a close, spurred by downward-trending mortgage rates and an uptick in new listings. Data compiled by Redfin showed several positive indicators of buyer demand and activity. Highlights included: Lowest weekly average 30-year fixed mortgage rate…

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