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

Foreign Buyers Purchase Fewer U.S. Homes Last Year but Pay Highest-Ever Prices Back to News Center July 26, 2024 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…

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City of Tukwila Comprehensive Plan Updates

City of Tukwila Comprehensive Plan Updates Back to News Center July 25, 2024 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…

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REALTOR®–Proposed Lot-Splitting Policy Advances in King County

REALTOR®–Proposed Lot-Splitting Policy Advances in King County Back to News Center July 25, 2024 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…

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REALTORS® Support City Initiatives for Homeownership

REALTORS® Support City Initiatives for Homeownership Back to News Center July 25, 2024 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…

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Seattle’s ADU permits outpacing single family permits

Seattle’s ADU permits outpacing single family permits Back to News Center July 22, 2024 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…

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

Housing Inventory Improves, but high prices, interest rates are constraining activity Back to News Center July 15, 2024 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…

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

Elected officials, candidates join REALTORS at 30th Annual Housing Issues Briefing Back to News Center July 8, 2024 “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…

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King, Kittitas Counties Outperform NWMLS Overall on three Key Metrics

King, Kittitas Counties Outperform NWMLS Overall on three Key Metrics Back to News Center June 27, 2024 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…

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Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics

Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics Back to News Center May 15, 2024 Despite higher-for-longer interest rates that constrained purchasing power for some buyers, brokers across much of Washington reported solid gains in both pending and closed sales during April. In its latest report, Northwest Multiple Listing…

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Vote for the 2025 Board of Directors

Vote for the 2025 Board of Directors Back to News Center May 6, 2024 Official Election Notice The online ballot is now open to all members in good standing (paid 2024 dues). Members will receive a weekly reminder email in June with a link to vote electronically. All votes must be received by 12:00 PM…

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