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According to a 2017 analysis by the U.S. Bureau of Labor Statistics, STEM jobs grew at double the rate of non-STEM jobs between 2009 and 2015. STEM jobs are growing everywhere, but where are the hotspots, and where should you work in the field? WalletHub released a ranking of the [..]
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
Savvy buyers expect incentives from builders
Savvy buyers are seeking out incentives from builders, especially on the West Coast and in other higher price point markets, according to representatives from John Burns Real Estate Consulting. “Buyers have never had quicker and more complete access to information,” stated consultant Dean Wehrli, one of a trio of consulting [..]
Industry News
Student debt impeding home purchases among millennials
Rising student debt burdens have significantly deterred homeownership among young adults, concluded the Federal Reserve. In a new study, the nation’s central banking system quantified what many Realtors, millennials and mortgage lenders have long suspected. In a recent study, the “Fed” found significant slippage in homeownership rates among household heads [..]
Industry News
Tehaleh ranked one of Top 50 Master Planned Communities
Tehaleh, a Newland Communities development in Bonney Lake (near Tacoma), is the only project within Washington state to make the “Top 50” rankings of the country’s top-selling master planned community. It ranked 40th on the 2018 list with 366 net sales reported. Home buyers can choose homes by 10 different [..]
Industry News
U.S. consumer spending on media rising, but Japan likely to surpass it
U.S. per capita spending averaged $285 per month on media, a figure that is expected to rise to $295 monthly (or about $1,395 annually) through 2022, according to analysts at Research Intelligencer. Last year’s figure was up from $278 per month in 2017. With 2018 expenditures totaling $442.7 billion, the [..]
Industry News
Planning Commission report touts zoning changes to bolster Seattle’s housing supply and affordability
Adding more duplexes near schools, expanding boundaries for urban villages and reducing lot sizes to accommodate more homes are among strategies Seattle planning commissioners suggest in a 52-page advisory report to improve the supply and affordability of housing in the Emerald City. The report released late last year, culminated an [..]
Industry News
NWMLS Monthly Market Snapshot
Share on Social Media You are able to download the infographic to republish on your website or provide to clients. Usage Terms Subscribers may provide NWMLS’s Market Snapshot infographics to clients and prospective clients. Subscribers may republish NWMLS’s Market Snapshot infographics on websites, blogs, e-mails, newsletters, postcards, etc. Subscribers may [..]
Industry News
News In Brief
Have you checked your tire pressure lately? Your probably should. As the temperature drops, the pressure in your tires also goes down. “Typically, the pressure drops 1 psi for every 10 degrees Fahrenheit drop in temperature,” said Gene Peterson, who runs the tire testing program at Consumer Reports. A common [..]
Industry News
Data director briefs Realtors on regional planning
Housing the region’s growing population is a priority for planners, but compiling reliable data has stymied some well-intentioned efforts, one data analyst told Realtors. Puget Sound grew by 68,000 people in 2017, earning it 9th place among the country’s fastest growing areas. The four-county region is projected to add 1.8 [..]