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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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REALTORS® Propose Lot-Splitting

REALTORS® Propose Lot-Splitting Back to News Center April 17, 2024 This year, counties and cities throughout the state are required to update their comprehensive plans. For housing issues, comprehensive plans set the policies upon which zoning and development regulations are established. Seattle King County REALTORS® (SKCR) is advocating strongly for policies that increase housing supply…

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Resources Abound for Earth Month, Earth Day Observances

Resources Abound for Earth Month, Earth Day Observances Back to News Center April 12, 2024 April is observed as Earth Month, a time to raise environmental awareness. Since the first observance of Early Day on April 22, 1970, EarthDay.org has mobilized more than 1 billion people annually “to diversify, educate and activate the environmental movement…

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King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices

King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices Back to News Center April 9, 2024 Slight improvement in new listings and total inventory compared to twelve months ago across the 26 counties served by Northwest Multiple Listing Service contributed to a small uptick in pending sales (1.15%) during March. Nonetheless, the…

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King County Brokers Report Positive Gains in Key Metrics

King County Brokers Report Positive Gains in Key Metrics Back to News Center March 15, 2024 Brokers in King County notched gains in four key metrics during February despite tight inventory and interest rates that are keeping some potential purchasers on the sidelines. The latest report from Northwest Multiple Listing Service (NWMLS) shows brokers in…

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Gaps widen for incomes needed to afford homes in 10 metro areas

Gaps widen for incomes needed to afford homes in 10 metro areas Back to News Center February 9, 2024 For many would-be homeowners, a recent report has some daunting numbers. Potential purchasers of homes in the Seattle area need to earn $215,000 a year to afford a typical home. That’s up 18% from a year…

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