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Category: Industry News
Industry News
Home buyers seeking affordability are expanding search outside Greater Seattle job centers
KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service. The MLS [..]
Industry News
News In Brief
Seattle ranked as the 9th most pet-friendly city in the nation, according to a study by WalletHub. Researchers know owning a pet can be expensive, between licenses, grooming and medical care and added expenses for renting an apartment. So which cities give you the most bang for your buck? “With [..]
Industry News
September is Realtor Safety Month
September marks the annual observation of National REALTOR® Safety Month when industry groups remind real estate practitioners of the need to be vigilant year-round to avoid risky situations. Research indicates brokers are particularly vulnerable in six situations: Entering foreclosed or vacant homes. Meeting with a new client for the first [..]
Industry News
News In Brief
Job openings and salaries rose across the country in June, but just like the rest of 2019, it was a slow crawl compared to 2018 numbers. In Seattle however, the increases were a bit more robust, according to a Glassdoor jobs report. Across the city, median pay rose 2.4% to [..]
Industry News
Puget Sound adding 188 new residents each day
More than 500,000 people have relocated to the four-county Puget Sound region since 2010. In the past year alone, this area welcomed an average of 188 people per day, according to the Washington State Office of Financial Management (OFM). Collectively, the region is home to 4.2 million residents. The past [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone 8/6/19 Gov’t Affairs Committee 10:30 am-1:30 pm SKCR 425-974-1011 8/14/19 AREAA Board Meeting 10:00 am – 12:00 pm SKCR 425-974-1011 9/2/19 Holiday – Office Closed 9/10/19 Special Gov’t Affairs Meeting 1:00 pm – 2:30 pm SKCR 425-974-1011 9/11/19 Board of Directors 9:30 am-12:30 pm SKCR [..]
Industry News
iOi Summit returns to Seattle
Real estate brokers and industry leaders will join global tech vendors and venture capitalists in August for a two-day event focused on Innovation, Opportunity & Investment (“iOi”). The iOi Summit, a production of the National Association of REALTORS®, is set for August 21-22 at the Hyatt Regency Seattle. The second [..]
Industry News
Researchers find gentrification yields some important benefits
Gentrification creates “some important benefits for original resident adults and children and few observable harms,” was one somewhat surprising conclusion in a first-of-its-kind report from the Federal Reserve Bank of Philadelphia. Authors of the just-released report found the process of gentrification reduces children’s exposure to poverty while increasing exposure to [..]
Industry News
Seattle mayor rolls out plans to “bend the arc” so more people can live in the city
“We have a generational opportunity before us to bend the arc so more people can live in Seattle,” proclaimed Seattle Mayor Jenny Durkan as she outlined her vision for addressing Seattle’s housing crisis. She also announced an ambitious plan called “Housing Seattle Now” for investing in housing for low- and [..]
Industry News
Land costs far outpacing inflation, driving up home prices
Land values for single family housing in the United States rose nearly four times faster than inflation between 2012 and 2017. The run-up in values resulted in a 27 percent jump in the median price per acre, according to the 2019 State of the Nation’s Housing report, a publication of [..]