Publications
Market Activity in January outgained same month in 2024
Market Activity in January outgained same month in 2024 Back to News Center March 7, 2025 January’s housing activity showed both new listings and closed sales outgained the same month a year ago. Northwest Multiple Listing Service (NWMLS) data for the month showed new listings jumped 35.1% and closed sales rose 10.8% compared to January…
Read MoreBuilders Tally Cost of Regulations for New Homes
Builders Tally Cost of Regulations for New Homes Back to News Center March 3, 2025 Regulations accounted for nearly a quarter (23.8%) of the average cost of a new home ($394,300), according to the National Association of Home Builders (NAHB). The figures are based on data from 2021, the latest available information. In a more…
Read MoreParks Levy Proposed for August Ballot
Parks Levy Proposed for August Ballot Back to News Center February 27, 2025 King County Executive Dow Constantine has proposed a $1.5 billion levy to renew the county’s parks levy. It contains funding to maintain, enhance and expand parks and trails The measure, which is subject to approval by the King County Council, is likely…
Read MoreEarly Assessment Shows Broker Commissions Declining
Early Assessment Shows Broker Commissions Declining Back to News Center December 30, 2024 A comparison of real estate broker commissions shows year-over-year decreases for both buyer agents and seller agents. In a recent blog, internationally known economist Elliot F. Eisenberg, Ph.D., noted it’s “still very early and the housing market is profoundly weak,” but said…
Read MoreSeasonal slowdown evident but industry watchers expect more supply and moderating prices
Seasonal slowdown evident but industry watchers expect more supply and moderating prices Back to News Center December 20, 2024 Key metrics on housing activity were mixed in November as seasonal slowdowns began, according to Northwest Multiple Listing Service. Its latest report shows systemwide month-over-month declines in new listings, total inventory, pending sales, closed sales and…
Read MoreSeattle City Attorney briefs REALTORS® on role and accomplishments
Seattle City Attorney briefs REALTORS® on role and accomplishments Back to News Center December 12, 2024 When she ran for the position of Seattle city attorney in 2022, Ann Davison framed herself as a “pragmatist” and advocated for restoring law and order to the city’s streets by “increasing prosecution of misdemeanor crimes and clearing out…
Read MoreWCRER publishes 2024 “State of the State’s Housing” report
WCRER publishes 2024 “State of the State’s Housing” report Back to News Center November 27, 2024 Nearly half of all renter households across Washington state pay more than 30% or income on housing costs. Some of these cost-burdened renters pay more than 50%, according to The State of the State’s Housing Report published by the…
Read MoreNorthwest MLS reported strong increases in sales, inventory and prices during October
Northwest MLS reported strong increases in sales, inventory and prices during October Back to News Center November 20, 2024 Pending sales of single family homes and condos in counties served by Northwest Multiple Listing Service (NWMLS) jumped nearly 27% during October compared to the same month a year ago. Last month’s volume of mutually accepted…
Read MoreHUD awards modular housing grant to colleges in Washington and Colorado
HUD awards modular housing grant to colleges in Washington and Colorado Back to News Center November 1, 2024 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…
Read MoreBellevue welcoming affordable housing developers with new incentives
Bellevue welcoming affordable housing developers with new incentives Back to News Center October 23, 2024 Recent actions by the City of Bellevue could result in the addition of 4,400 affordable housing units in the state’s fifth largest city. The median home price there is around $1.5 million. Bellevue’s initiative to reduce its affordable housing gap…
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