Housing Supply
Back to News Center Comprehensive guidelines for designers and builders working on modular units and factory-built housing projects using mass timber and light wood frame members are being developed by two universities thanks to a $225,000 grant. The U.S. Department of Housing and Urban Development awarded the two-year grant to…
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Back to News Center In September, Mayor Bruce Harrell announced a package of new legislation to streamline the permitting process and increase production of accessory dwelling units (ADUs) in Seattle, creating more diverse and affordable housing opportunities. “Making progress on Seattle’s urgent housing affordability needs requires not only increasing overall…
Read More Back to News Center All 39 cities in King County are continuing their work to meet the Legislature’s December 31 deadline for each city to update its 20-year comprehensive plan, including new requirements to accommodate middle housing and more ADUs. In addition, cities must meet a June 30, 2025, deadline…
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Back to News Center Mortgage rates fell to their lowest level since February 2023 last month, but the cut did not spark much movement in homebuyer demand, according to the latest data from Northwest Multiple Listing Service (NWMLS). Its report for September showed year-over-year (YoY) gains in both new and…
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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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Back to News Center At least 100,000 new units of housing will be created over the next 20 years as part of the draft One Seattle Plan. The 198-page document, released March 5 following two years of meetings that generated input from thousands of people, is a major update to…
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Back to News Center In a $4.9 billion deal, Japanese homebuilder Sekisui House, Ltd. is purchasing M.D.C. Holdings Inc., of Denver. The acquisition makes Sekisui, which has projects in Washington and 13 other states plus Washington, D.C., the fifth-largest homebuilder in the U.S. Sekisui’s projects in the Greater Seattle area…
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Back to News Center Under Washington’s Growth Management Act (GMA), each county must adopt Countywide Planning Policies (CPPs). Along with GMA and Multicounty Planning Policies, those countywide policies govern and guide the comprehensive plan and development regulations in each of the county’s cities. Those CPPs are updated periodically, typically after…
Read More Back to News Center The 2023 legislative session in Olympia was dubbed the “Housing Session” based on numerous bills passed by legislators to increase the supply of housing throughout the state. Now, cities are working to implement the new legislative mandates, with early action focused on Accessory Dwelling Units and…
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