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The latest news from Seattle King County REALTORS®
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Back to News Center House Bill 1220 requires cities to plan to accommodate housing that is affordable to households that typically need government subsidies to obtain housing. It allows cities to collect a small sales tax to help fund those efforts. Recently, state law was amended to provide cities with…
Read More Back to News Center Advocating strongly for policies that increase housing supply and housing affordability-especially for middle-income buyers in the King County Comprehensive Plan update-REALTORS® proposed a lot-splitting comprehensive plan amendment in targeted jurisdictions. The amendment would allow for the development of detached single-family residences and middle housing types through…
Read More Back to News Center Seattle King County REALTORS® has been assisting REALTOR® members in Kittitas County in efforts to better understand the passage of a second 0.25% real estate excise tax (REET) without a vote of the people, and to evaluate the prospects for a levy lid lift to pay…
Read More Back to News Center REALTORS® have long supported, and been active and successful advocates for, local action to increase the number of housing units, both here in King County and statewide. Those efforts to increase housing supply have included new financial incentives, and wide-ranging policies to increase middle housing, accessory…
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Back to News Center Homeowners can get a free, Personal Electrification Planner to help save money, improve home comfort, and make a positive climate impact. Offered by Rewiring America, it promises an “easy-to-use home-electrification planning tool” that will generate a customized plan in less than five minutes. The planner will…
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Back to News Center Seattle issued 987 permits for Accessory Dwelling Units (ADUs) in 2023, twice the volume in 2020 when the city issued 482 ADU permits. Officials point to an easing of regulations in 2019 as a key factor, according to a newly released ADU progress report. The report,…
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Back to News Center On July 1, Washington state launched a new program and funding source called the Covenant Homeownership Program. Created by the state legislature in 2023 through the Covenant Homeownership Act (HB 1474), the landmark legislation helps low-income homebuyers statewide whose families have been harmed by racial discrimination…
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Back to News Center The third annual Global Real Estate Homestay Program welcomed three real estate professionals from Japan on July 12-17. Visitors spent four days with hosts for an immersive experience in the daily life of REALTORS® in the US. They visited real estate offices, attended showings and property…
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Back to News Center Despite strong gains in inventory levels, Northwest Multiple Listing Service reported year-over-year (YoY) drops in both pending sales and closed sales during June for the 26 counties in its monthly report. The area-wide median sales prices rose 4% from twelve months ago. King County’s pending sales…
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Back to News Center Modified from the original post at nwmls.com. The Seattle King County REALTORS® is saddened by the passing of Jack Johnson, former President and CEO of NWMLS. Jack passed away on June 21 at the age of 83. “Jack was an acknowledged leader in the real…
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