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Category: Industry News
Industry News
PSRC welcomes comments on massive transportation program
Public comment on a $6.2 billion draft regional Transportation Improvement Program may be submitted until October 25, according to the Puget Sound Regional Council (PSRC). Comments may be made by mail, email or in person at either of two upcoming meetings. (see below) PSRC is recommending projects to receive about [..]
Industry News
Staying current on sign codes benefits all
Most brokers who belong to Seattle King County REALTORS® (67 percent) have never had a real estate sign for an open house removed by a city official for sign code violations. Despite widespread compliance and ongoing educational efforts, about one of every 10 brokers who responded to a recent poll [..]
Industry News
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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
Sammamish singled out as a ‘Best Place to Live’
Sammamish was the only city in Washington state, and one of only three cities in the Northwest, to earn a spot on MONEY’s 50 Best Places to Live rankings. The city, with approximately 65,000 residents, was ranked No. 9. Frisco, Texas placed first. For more than 30 years, MONEY has [..]
Industry News
Majority of new houses are part of a homeowners’ association
More than two-thirds of newly built single family homes in both the West and South are in a Homeowner Association, according to a report from the National Association of Home Builders (NAHB). Across the U.S., 61 percent of new single family houses were in an HOA, up from 46 percent [..]
Industry News
Survey reveals declining brand loyalty
Shoppers may set out to buy a particular brand, but three out of every four (76 percent) said they are likely to change their mind as they shop, according to a new survey on brand loyalty. Survey respondents were asked to rank various factors they consider when making a purchase. [..]
Industry News
“Fix-up” Costs Before Sale & 1031 Exchanges
It is common for many Washington real estate investors to make repairs, updates, and improvements to enhance a relinquished property in preparation for listing with a real estate agent or broker. A commonly asked question by investors in Washington is, “Can I be reimbursed from the 1031 exchange for the [..]
Industry News
Housing affordability challenges prompt researchers to consider altering methods for measuring spending
Researchers at The Harvard Joint Center for Housing Studies explored altering a widely used metric to better account for “notable changes” in various factors. The typical gauge has been based on allocating 30 percent of a household’s income for shelter, a figure the Housing Center uses for analyses in its [..]
Industry News
Realtor.com survey underscores importance of schools to homebuyers
Schools are sacrosanct for most house-hunters, according to a survey by realtor.com. Seventy-eight percent of buyers who currently live in their preferred school district had to compromise to get there. An even larger number of buyers with children – 91 percent – said that school boundaries were important or very [..]