News You Can Use
Back to News Center 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 ago and about $100,000 more than the U.S. average, according…
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Back to News Center In keeping with seasonal patterns, real estate activity was slow during January, but there were some encouraging indicators according to the latest market summary from Northwest Multiple Listing Service (NWMLS). For the 26 counties in the report, the volume of closed sales rose 3% year-over-year (YOY),…
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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 In the 2024 Legislative Session of Washington State, REALTORS® Hope to continue the momentum from the historic 2023 “Year of Housing” session marked by the passage of a record number of pro-housing, REALTOR®-backed bills. Washington REALTORS®’ Government Affairs team said the focus of the upcoming session…
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Back to News Center The State of Housing Design 2023, published on January 2, 2024, examines how architects of residential dwellings are addressing issues of affordability, the warming climate, changing demographics, and increasing regulations and construction costs. The 184-page book, edited by the Joint Center for Housing Studies of Harvard…
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Back to News Center “ADUs alone cannot fully address a host of housing-related challenges,” wrote a researcher from the Harvard Joint Center for Housing Studies, but she found they can be “an important part of meaningful comprehensive efforts to address them.” In a report published late last year, Ellie Sheild,…
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Back to News Center The Pacific Northwest has one of the country’s highest concentrations of electric vehicle (EV) use, according to a report from Axios. Their data from mobility analytics shows EV use is concentrated in the “four corners” of the U.S., with California, the Northeast and Southeast joining the…
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Back to News Center “Peach Fuzz” (Pantone 13-1023) is color of the year for 2024. The hue is described as “nestled between pink and orange,” as a “cozy and comforting hue nurturing compassion and heartfelt kindness” and “a velvety gentle peach tone whose all-embracing spirit enriches mind, body, and soul.”…
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Back to News Center Washington ranks third among states with the most spoiled dogs, according to a recent Forbes Advisor survey. Only Florida and Alaska outscored residents of the Evergreen State. Forbes analyzed 10 key metrics from a nationwide survey of 10,000 dog owners. Washingtonians are tops in spoiling their…
Read More Back to News Center Would-be homebuyers started moving off the sidelines as 2023 came to a close, spurred by downward-trending mortgage rates and an uptick in new listings. Data compiled by Redfin showed several positive indicators of buyer demand and activity. Highlights included: Lowest weekly average 30-year fixed mortgage rate…
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