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Category: Industry News
Industry News
Housing briefing for public officials explores solutions for attainable housing
To set the stage for a discussion on “missing middle housing,” featured speaker Karen Parolek presented some key data on shifting household demographics: Today, 30% of households are single persons; By 2025, 75-85% of households will not have children; By 2030, 1 in 5 Americans will be 65+; Increasingly, multi-cultural [..]
Industry News
News In Brief: August 2022
Washington state is one of the nation’s best for wellness, according to a new study from lifeextension.com. The wellness company used 11 metrics across three main categories in all 50 states and the District of Columbia: physical and mental health, access to national parks and nature, interest in integrative health [..]
Industry News
Real estate keeps #1 ranking as favorite for long-term investing
Real estate retained its top spot as American’s favorite long-term investment, according to a survey by Bankrate. That marked the third time in the past four years and sixth time in the past decade that respondents picked real estate for investing money they didn’t need for 10 or more years. [..]
Industry News
Seattle payroll tax will fund 1,700 affordable housing units from first year’s receipts
JumpStart Seattle, a payroll tax applied to high salaries, amassed more than $248 million in its first year. Those funds will be allocated to 17 groups serving low-income and homeless populations. Their combined projects will produce 1,700 affordable housing units. Seattle City Council members passed the JumpStart proposal by a [..]
Industry News
Brokers, home buyers welcome growing inventory and market returning to “some sense of normalcy”
KIRKLAND, Washington (July 6, 2022) – Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the [..]
Industry News
NWMLS again updates rules and forms to enhance transparency and flexibility for brokers and consumers
Revisions relate to broker compensation to promote innovation and competition Northwest Multiple Listing Service (“NWMLS”), building on updates implemented in 2019, announced additional revisions to its rules and forms. These member-driven revisions further enhance transparency regarding broker compensation and create additional opportunities for consumers and brokers to discuss and negotiate [..]
Industry News
News In Brief: July 2022
The Emerald City boasts the third-fastest-rising rent year over year in the country, according to a new report from Redfin. The Seattle-based real estate company found the median monthly asking rent in the United States in May surpassed $2,000 a month for the first time, up 15.2 percent year over [..]
Industry News
Remembering beloved REALTOR Van Anderson
During a distinguished real estate career that spanned nearly six decades, Evangeline (Van) Anderson didn’t tally the number of transactions she wrote or commissions she earned. For her, the greatest rewards were the REALTOR® and client friends she made. (More than 1,200 were Facebook friends.) Several of Van’s colleagues gathered [..]