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Seattle’s ADU permits outpacing single family permits

July 22, 2024

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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New Statewide program to remedy discriminatory homeownership practices

July 17, 2024

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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Third Annual Homestay Program for Japanese real estate professionals

July 16, 2024

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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Housing Inventory Improves, but high prices, interest rates are constraining activity

July 15, 2024

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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In Memoriam: Jack Johnson

July 8, 2024

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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Elected officials, candidates join REALTORS at 30th Annual Housing Issues Briefing

July 8, 2024

Back to News Center “We need to take bold action to alleviate housing supply issues, ultimately helping affordability,” said Gina Madeya, 2024 vice president of governmental and public affairs for Seattle King County Realtors® (SKCR) in opening remarks at the association’s 30th Annual Housing Issues Briefing. Speaking before an audience…

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NAR Director Election to Be Held August 7

July 8, 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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ANNOUNCEMENT: Board Election Results

June 28, 2024

Back to News Center Thanks to everyone who participated in this year’s Board Election. The following officers and directors have been chosen to join the 2025 Board of Directors. “As the leader of the Leadership Development Committee, I’m grateful for the work the committee did on recruiting, nominating, and vetting…

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King, Kittitas Counties Outperform NWMLS Overall on three Key Metrics

June 27, 2024

Back to News Center Both King and Kittitas counties notched year-over-year (YoY) gains during May for active listings, pending sales, and sales prices. Those increases outperformed the overall totals in the Northwest Multiple Listing Service (NWMLS) areas covering 26 counties across the state. In its recently released report summarizing May…

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June is Homeownership Month

June 20, 2024

Back to News Center June is when REALTORS® commemorate National Homeownership Month. The goal of the observance is to raise awareness about the benefits of owning a home and the importance of making homeownership more attainable for all Americans. REALTOR® members serve as trusted advisors, helping consumers navigate the home…

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