Archive
Category: Industry News
Industry News
Northwest MLS brokers say transition to fall creating opportunities for buyers
KIRKLAND, Washington (October 7, 2019) – Northwest Multiple Listing Service brokers reported year-over-year gains in pending sales, closed sales and prices, but its report summarizing September activity also showed an 18% drop in inventory compared to a year ago. “The transition into the fall housing market creates opportunities for homebuyers,” [..]
Industry News
Northwest MLS updates SOC, agency agreements
Effective October 1, Northwest Multiple Listing Service updated several rules pertaining to selling office commissions (SOC). The changes are intended to increase transparency and flexibility for consumers and the 30,000-plus real estate brokers the MLS serves. Northwest MLS also reformatted the Buyer’s Agency Agreement (Form 41A) and the Buyer’s Representation [..]
Industry News
News In Brief
Seattle was ranked No. 1 by researchers at WalletHub, who compared 100 cities across 17 key metrics to determine the best city for public transportation. Data sets included share of commuters who use public transit and average age of the fleet to number of injuries and peak hours spent in [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone 10/17-18/19 WR Leadership Summit Interurban Hotel 425-974-1011 11/7-11/19 NAR Convention San Francisco 425-974-1011 11/13/19 Board of Directors 9:30 am – 12:30 pm SKCR 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”
Industry News
SKCR Events Calendar
Date Event Time Where Phone 9/10/19 Special Gov’t Affairs Meeting 1:00 pm – 2:30 pm SKCR 425-974-1011 9/11/19 Board of Directors 1:00 pm – 4:00 pm SKCR 425-974-1011 9/11/19 RPAC Event 4:30 pm – 6:30 pm SKCR 425-974-1011 9/18/19 Affiliate Council 10:00 am – 12:00 pm SKCR 425-974-1011 10/1/19 Government [..]
Industry News
What would you do with 78 extra hours each year?
Seattle’s traffic congestion ranks behind 11 other urban areas, but in terms of lost dollars it placed 9th. Congestion cost the average Emerald City commuter 78 hours of time in 2017 and an estimated $1,408 in dollars according to the 2019 Urban Mobility Report from Texas A&M Transportation Institute (TTI). [..]
Industry News
Built Green Conference 2019
Two keynote addresses, three breakout sessions, an awards luncheon, plus a networking reception make for a full agenda for the September 12 Built Green Conference. The annual event, being held this year at the Lynnwood Convention Center, is designed to showcase cutting-edge information on green building and sustainability. For last-minute [..]
Industry News
Best and worst cities for women entrepreneurs
Seattle failed to make a top 10 list in a new ranking of entrepreneur-friendly cities. On the compilation by Fits Small Business, Seattle landed 12th behind #1 Austin, Texas and 10 other cities. All major cities in the United States with a population of at least 500,000, including surrounding metropolitan [..]
Industry News
FHA updates condo rules that should boost financing options on condos
Long-awaited updates to Federal Housing Administration condo rules will take effect October 15, 2019 under revised guidelines issued last month. Housing officials praised the change, saying the FHA loan program will now be more “flexible and responsive to market conditions.” FHA said it is bringing back spot approvals and taking [..]
Industry News
Eager buyers snag condos at “transformative” International District location
More than 80% of the homes at the first high-rise condominium to be built in Seattle’s Chinatown-International District (CID) have been reserved, according to project managers. Completion of KODA Condominium Flats – described as a “transformative development” – is projected for late 2020. The 17-story tower is located on a [..]