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Back to News Center Worker shortages in the construction trades are contributing to project delays, rising costs, and other challenges for both homebuilders and nonresidential contractors. As a result of the labor shortage it’s taking longer to build homes. In 2022, it took an average of 8.3 months to build…
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Back to News Center International buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, according to a new report from the National Association of Realtors®. That volume was a drop of 21.2% from the prior 12-month period. The highest dollar volume of existing-home purchases…
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Back to News Center Issues & Impacts is a quarterly publication produced by Seattle King County REALTORS® to inform members about current issues and successes within the Government Affairs Department. IN THIS ISSUE: REALTORS® Support City Initiatives for Homeownership Changes to Kittitas County Real Estate Excise Taxes (REET) REALTOR®-Proposed Lot-Splitting…
Read More Back to News Center Tiny Villages The city of Tukwila has been embroiled for more than a year in disputes and litigation with King County regarding housing for asylum-seekers, including the tent encampment at Riverton Park United Methodist Church (RPUMC). Recently, that dispute spilled over into the city of Kent.…
Read More Back to News Center Homeownership Demonstration Ordinance Seattle King County REALTORS® have requested the Planning Commission recommend to the City Council, and the City Council adopt, an ordinance making the Affordable Housing “demonstration” code provisions (regarding affordable housing homeownership) a permanent ordinance in the city code. As a result of…
Read More Back to News Center Cities in South King County are confronting the prospect of as many as six new Battery Energy Storage System (BESS) facilities, and they are very concerned. Local city officials requested, and Seattle King County REALTORS® has assisted in identifying, individuals with expertise in the regulation of…
Read More Back to News Center After a year of work with the Planning Commission and City Council, REALTORS® successfully preserved the allowance of the real estate industry to use “For Sale” signs on premises and open house A-Boards off premises in the City of Woodinville. Our goal was to reverse a…
Read More Back to News Center The cities of Duvall and Lake Forest Park are in the process of revising their sign codes. As with our work in Woodinville, our goal is to guard against any changes that would constrain the use of use “For Sale” signs on premises and open house…
Read More 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…
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