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PERSPECTIVE: Covenant Homeownership Act Yields Results

September 10, 2024

Back to News Center Contributed by Marissa Beach, SKCR Director at Large In the spring of 2023, thanks to the advocacy and leadership of Washington REALTORS®, the Housing Development Consortium, the Black Home Initiative, Rep. Jamila Taylor, Sen. John Lovick, and Rep. Frank Chopp, and countless others, the Washington State…

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Safety Month for Realtors prioritizes self-protection

September 3, 2024

Back to News Center Although September is observed as Safety Month in the real estate industry, brokers and their affiliates need to be cautious year-round to avoid risky situations. In 2022, a safety survey by the National Association of Realtors® (NAR) indicated 2% of its residential members are victims of…

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LGBTQ+ Alliance tackles home-buying barriers facing under-served populations

August 30, 2024

Back to News Center A capacity crowd was on hand earlier this month for a “Lunch & Learn” program on “Indigenous Peoples and the Home Buying Process + Covenant Homeownership Program.” The event, presented by the LGBTQ+ Alliance of Western Washington, featured speakers Monica La Crue, an affordable lending manager…

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Army Building pilot project of sustainable barracks at JBLM

August 22, 2024

Back to News Center Photo courtesy of U.S. Army Corps of Engineers, Seattle District Groundbreaking ceremonies for a sustainably designed barracks project at Joint Base Lewis-McChord (JBLM) were held earlier this month. The “twin barracks” feature two 44,500-square-foot structures designed to house 168 soldiers in a mixture of 4-bed, 2-bath…

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From the CEO: We Will Always Need a Strong Voice

August 21, 2024

Back to News Center The REALTOR® Associations of the Pacific Northwest are fortunate to have strong, supportive and forward-thinking brokerage firms in our midst. These leaders of our industry have long championed the advocacy work of the REALTOR® organization in promoting and improving the practice of real estate and the…

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Mike Spence to be honored as “lawyer of the Year”

August 8, 2024

Back to News Center Michael “Mike” Spence, retained legal counsel for Seattle King County Realtors® and advisor to several real estate brokerages, is among 13 honorees selected by the Puget Sound Business Journal for its 2024 CRE (Commercial Real Estate) Leadership Awards program. Spence, a licensed real estate law instructor…

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Two Candidates for the NAR Board of Directors Election

August 2, 2024

Back to News Center President Michael Orbino has announced an election on August 7 to fill one available position on the Board of the National Association of REALTORS® (NAR). Seattle King County REALTORS® is allocated two positions on the NAR Board of Directors. These NAR Directors are elected at the…

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Construction Worker Shortage Hampering Homebuilding

July 26, 2024

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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Foreign Buyers Purchase Fewer U.S. Homes Last Year but Pay Highest-Ever Prices

July 26, 2024

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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Issues & Impacts Q2 2024

July 25, 2024

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…

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