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Category: Industry News
Industry News
NAR launches new branding campaign to distinguish REALTORS, reinforce members’ pride, and demonstrate value to consumers
Informed and inspired by a Code of Ethics that dates to 1913, the National Association of REALTORS® unveiled a new campaign centered on the theme, “That’s Who We R®”. In announcing the integrated campaign, NAR said it “aims to reinforce the value of Realtors® as advocates for property owners, engaged [..]
Industry News
News In Brief
The number of homes available for sale in Seattle is increasing at the second-highest rate in the country as the red-hot real estate market of the past few years begins to cool, says a new report. The report, by real estate marketing site Zillow, found that there were 3,324 more [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone 5/13-18/19 NAR Meetings Washington, DC 425-974-1011 5/23/19 First Citizen Banquet 5:30 pm – 9:30 pm Fairmont Hotel, Seattle 425-974-1011 5/27/19 Holiday – Office Closed 6/4/19 Housing Issues Briefing 11:30 am – 1:30 pm Meydenbauer Center 425-974-1011 For updates visit: www.nwrealtor.com and [..]
Industry News
Seattle University president who “always shows up” named 2019 Seattle-King County First Citizen
BELLEVUE, Washington (March 12, 2019) – One organization executive described this year’s Seattle-King County First Citizen as a “selfless leader” who “shows up” and praised him for his deep commitment to community building. A company president lauded his “obvious heart of a servant.” Seattle University President Stephen V. Sundborg, SJ [..]
Industry News
Consultants ponder merits of social media for homebuilders
In a recent “New Home Insights” podcast, the senior VP at John Burns Real Estate said he believes most builders are effectively using social media to drive sales, but added, “I believe that social media has become a major reason that buyers are not purchasing a new home.” Will Wehrli, [..]
Industry News
Real estate researchers reveal “secret sauce” of top selling master planned communities
Developers of the top 50 master-planned communities work hard to create “the perfect combination of attractive amenities, proper product segmentation, and creative, targeted marketing,” according to researchers at John Burns Real Estate. Jody Kahn, senior VP and Devyn Bachman, senior research analyst, identified four “must-haves” for successful masterplans: A range [..]
Industry News
Washington homeowners pay 12th highest real estate taxes in U.S.
Homeowners in the state of Washington pay the 12th highest real estate taxes per year, according to an analysis by the National Association of Home Builders. The federation, whose members construct about 80 percent of the new homes built in the U.S., found property tax rates differ substantially across the [..]
Industry News
Northwest MLS brokers summarize 2018 housing activity highlighted by record-high dollar volume
Members of Northwest Multiple Listing Service reported 92,555 closed sales during 2018, fewer than the previous year, but the dollar volumes surpassed 2017 by nearly $688 million for a small gain of 1.4 percent. Measured by dollars, last year’s sales of single family homes and condominiums were valued at almost [..]
Industry News
Homebuyers Resuming Search Amid Improving Inventory, Attractive Terms
KIRKLAND, Washington (February 7, 2019) – Homebuyers around Washington state are making their way back to the market, hoping to take advantage of improving inventory, attractive interest rates, and more approachable sellers, according to officials with Northwest Multiple Listing Service. Northwest MLS statistics for January show year-over-year improvement in the [..]
Industry News
Microsoft earmarks $500 million to help solve affordable housing
Pledging a “commitment to do our part to help kick-start new solutions to this [housing] crisis,” Microsoft president Brad Smith and CFO Amy Hood announced a three-pronged $500 million workforce housing fund to boost affordable housing in the Seattle area. Writing in a blog post, Smith and Hood emphasized affordable [..]