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Category: Industry News
Industry News
Realtors among four industry groups SCOTUS review of NY Rent Stabilization Law
Seattle City Council Rejects Rent Control BillAt its August 1st meeting, the Seattle City Council rejected a rent control bill sponsored by outgoing member Kshama Sawant. She was joined by Tammy Morales in voting in favor of the proposed measure. Six members voted no. Seattle King County Realtors, led by [..]
Industry News
King County Council accepts report, considers recommendations for restitutions for victims of race-based real estate practices
Black, Indigenous, and People of Color (BIPOC) who lived in King County since 1950 lost $12 billion to $34 billion in intergenerational wealth due to race-based restrictive real estate practices. That estimate – believed to affect 386,600 residents representing approximately 129,300 households — was in a recently published study that [..]
Industry News
Issues & Impacts: July 2023
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
HOA residents face rising assessments for unanticipated expenses
Nearly three of every four respondents (73%) to a recent survey plan to raise assessments for the residents they serve at condominiums, homeowners associations, and housing cooperatives. The anticipated fee hikes are to offset unexpected increases in expenses due to rising costs and inflation. Respondents to the survey by the [..]
Industry News
Seattle contest on office-to-housing conversions “more than met its goal”
Three winners were selected from 13 entries from a dozen teams in the City of Seattle’s “Office to Residential: Call for Ideas” contest. All submissions can be viewed in an electronic gallery. Sponsored by the Seattle Office of Planning and Community Development (OPCD), the competition invited building owners and architects/design [..]
Industry News
Trees for Seattle applicants must submit form by August 7th
Trees for Neighborhoods provides:· Up to 3 trees per household (lifetime max of 6 per address).· Help in selecting the right tree and planting location.· A watering bag and mulch for each tree.· Training on proper planting and care.· Assistance applying for street tree planting permits.· Ongoing care reminders and [..]
Industry News
News In Brief
Seattle’s recovery from the pandemic is still going strong, at least in population growth, according to a report by Gene Balk in the Seattle Times. New data from the Washington Office of Financial Management shows Seattle’s population hit 779,200 on April 1, a net gain of about 16,700 people from [..]
Industry News
Builder groups examine impact of rising home prices, interest rates – and policy decisions – on affordability
Median priced homes in Washington, estimated at $430,000, are unaffordable to 76% of the households in the state, according to an analysis by the Building Industry Association of Washington (BIAW). Newly built homes (excluding resales), at an average price of $635,131 (more than $200,000 higher than the national average), are [..]
Industry News
Resources, lists of incentives for “going green” offered to builders, consumers
Finding information about home energy tax credits and related incentives that are scattered across several agencies can be daunting, according to representatives from Built Green®, the green home certification program of the Master Builders Association of King and Snohomish Counties (MBAKS). To help homeowners and builders become more aware of [..]