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Category: Industry News
Industry News
SKCR Events Calendar
Date Event Time Where Phone Oct 6 Gov’t Affairs Committee 10:30 a.m.-12:30 p.m. Zoom 425-974-1011 Oct 14 Affiliate Council 10 a.m.-11 a.m. 425-974-1011 Oct 16 Battle of Barristers 9 a.m.-12 p.m. Zoom 425-974-1011 Oct 21-23 WR Leader Retreat 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”
Industry News
Second home sales surging, but buyer expectations have changed
Demand for second home within a reasonable drive of a family’s primary home is booming, according to a report from John Burns Real Estate. Developers and builders who understand these buyers’ mindsets and preferences stand to benefit. Researchers found second homes in convenient locations “are benefiting from a rise in [..]
Industry News
Active adult buyers are reemerging
Active adult buyers – a key component of housing demand – are reemerging according to researchers with John Burns Real Estate. They found “particularly strong” home sales in August and September at many age-qualified communities. “We know one of the highest priorities for this buyer set is being close to [..]
Industry News
Seattle among cities with big drops in net arrivals
Seattle is among five cities with the steepest declines in net arrivals, according to new data from LinkedIn’s Economic Graph team. The group analyzed city migration patterns amid the pandemic comparing April to August 2020 to the same period a year ago. “Smaller metro areas are gaining, some famous big [..]
Industry News
Public memorial service being planned for U.S. Sen. Slade Gorton
The Hon. Slade Gorton, who was the 2010 recipient of the Seattle King County First Citizen Award, is expected to be honored at a memorial service on August 19, 2021, which coincides with the one-year anniversary of his death. The widely respected statesman died at age 92 at his Bellevue [..]
Industry News
Issues & Impacts
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
Industry News
Mortgage activity wanes with various reasons cited
Mortgage availability in August dropped to its lowest level since March 2014, according to an index from the Mortgage Bankers Association. The group suggested the weak economy is prompting lenders to tighten standards. Credit continues to tighten because of uncertainty still looming around the health of the job market, according [..]
Industry News
“Some Elbow Room” adds spaces for myriad uses
Like many start-ups, the inspiration for Some Elbow Room came from a personal need. Erin and Patrick Callahan, who live in San Antonio, launched their venture after they built a small freestanding studio in their backyard to accommodate Erin’s art projects. Their friends and neighbors loved the “stylish, functional, and [..]
Industry News
New home sales surging, bolstering builder confidence
Low interest rates, a renewed consumer focus on the importance of housing, and rising demand in lower-density markets like suburbs and exurbs are credited with surging sales of new single-family homes. Citing Census and HUD estimates, the National Association of Home Builders (NAHB) reported sales during August reached a seasonally [..]
Industry News
News In Brief
A new study has found that Seattle ranks as the No.1 overall best city in the nation for coffee and coffee lovers. It isn’t exactly a surprise that Seattle – home of Starbucks, Seattle’s Best Coffee and a host of excellent local coffee shops that roast their own beans – [..]