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Category: Industry News
Industry News
Washington voters can track their ballots using online tools
Voters in King County can read about contests on their ballot, view their registration information, and track their ballots with a new tool unveiled by King County Elections system. Halei Watkins, a King County Elections spokesperson, said the goal is to ensure voter security. King County’s tracker enables its 1.4 [..]
Industry News
Expectations of rising rates prompt some to consider buying a home
The prospect of rising mortgage rates may be prompting an uptick in house hunters, according to research by the economics team at the National Association of Home Builders (NAHB). Third quarter findings indicate the share of adults planning a home purchase within a year rose to 15%, up from13% in [..]
Industry News
Pet-friendly policies could enhance employee relations
Employers with pet-friendly policies could be at an advantage in retaining workers and luring them back to the office, according to a recent survey. Some 86% of employees who were surveyed said they would look forward to working more if they could bring their dog to work daily. Aside from [..]
Industry News
Seattle startup builds portal for Americans to buy vacation homes in Mexico
A Seattle-based startup aims to simplify buying and selling real estate internationally, with an initial focus on Mexico. FarHomes organizes online listings by destination with current offerings priced from $100,000 to more than $3 million. The options on the portal range from small condos to beachfront mansions. Interested buyers are [..]
Industry News
News In Brief: November 2022
The Highline Public Schools Bond (Proposition 1) earned unanimous endorsement from Seattle King County REALTORS® (SKCR). The measure, which seeks to raise nearly $518.4 million and needs a 60% yes vote to pass, will be on the November 8 General Election ballot. The Realtor endorsement followed a presentation by district [..]
Industry News
NAR report shows dips in sales, supply during August, but prices still rose
Existing home sales across the U.S. decreased during August, as did inventory, while the median sales price for existing homes rose from a year ago, according to the National Association of REALTORS® (NAR). The sales drop – down 0.4% from July and 19.9% from the previous year — marked the [..]
Industry News
John Burns Real Estate analysts doubt housing market will evade slump
Many would-be home buyers are handcuffed in the wake of escalating mortgage rates, according to Rick Palacios Jr. at John Burns Real Estate Consulting. With rates above 6%, home sales, construction volumes and even home prices in many markets are falling, he notes. Palacios, a managing principal and the director [..]
Industry News
Home builders report impressive growth between 2020 and 2021
Home builders reported significant growth in activity between 2020 and 2021, according to the latest member census from the National Association of Home Builders. The NAHB report showed the median gross revenue of a member builder in 2021 was $3.3 million, up an impressive 26.9% from the previous year, although [..]
Industry News
Issues & Impacts: October 2022
Issues & Impacts is a quarterly publication produced by the SEATTLE KingCounty REALTORS® to inform members about current issues and successes within your Governmental Affairs Department. SEATTLE KingCounty REALTORS® (SKCR) is ensuring that public policies support homeownership and your business’s bottom line. View the full publication