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Category: Industry News
Industry News
Pigott Family, founders of PACCAR, named 2018 Seattle King County First Citizens
For more than a century, PACCAR Inc, a Bellevue-based $19.5 billion company known for its “quiet insistence on being the best,” has evolved and thrived, reflected in its quality products and 79 consecutive years of net profit. In a similar quiet way, the founders of PACCAR, the Pigott family, have [..]
Industry News
West Seattle homeowners pay stiff fine for cutting public trees
Nine homeowners agreed to pay the city of Seattle a fine of $360,000 for cutting 153 trees along a greenbelt in West Seattle. Last month’s settlement follows a lawsuit settled in 2017 when owners were fined $440,000. Taken together, the fines levied against owners who tried to improve their views [..]
Industry News
Architect contends shortages are inevitable without “substantive changes” to state’s Condo Act
Smaller, more affordable condominium units could help solve the affordable housing crisis in Seattle, suggests architect Blaine Weber, senior principal at Weber Thompson. But, he adds, increasing the supply is unlikely without easing the legal risk and uncertainty for developers. In a guest column in the Seattle Daily Journal of [..]
Industry News
West Coast is home to healthiest cities in U.S.
West Coast cities dominated the list of healthiest cities in the U.S., according to criteria used by WalletHub. San Francisco topped the list, followed by Seattle, Portland and San Diego. To determine the rankings, WalletHub measured indicators of good health, such as fruit and vegetable consumption, fitness clubs per capita, [..]
Industry News
Permits for single family homes rose in 2017, but builders reported little gain in condo starts
Permits for single-family homes issued during 2017 outgained the volume for 2016 by 71,794 units for an increase of 9.6 percent, according to the National Association of Home Builders (NAHB). The annual Survey of Construction (SOC) found a similar increase (8.9 percent). Forty-five states and the District of Columbia reported [..]
Industry News
Home buyers, sellers feel “looming pressure” but Western Washington market stays strong
KIRKLAND, Washington (March 6, 2018) – Interest rates are creeping up, inventory is still squeezed, and some feared revised tax laws would have a chilling effect on home sales, but Northwest Multiple Listing Service leaders say the local market remains competitive. “It seemed like there would have been a chilling [..]
Industry News
Millennials: the missing generation of blood donors
Millennials account for only about 20 percent of blood donations, although a much larger segment (47 percent) of younger adults (ages 18-34) believe they are more likely to give blood than older people, according to a new national study. In reality, statistics from a consortium of organizations engaged in transfusion [..]
Industry News
NWMLS Monthly Market Snapshot Infographic
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
As reported in komonews.com, a revealing new in-depth study on traffic congestion has found that commuters around the city of Everett spent more time stuck in traffic last year than anywhere else in the United States. The finding, which probably doesn’t surprise anyone who commutes through Snohomish County, were included [..]
Industry News
Planning for nearly 6 million Puget Sound area residents by 2050
By 2050, the Puget Sound region is projected to grow by another 1.8 million people, or about 55,000 more residents each year. While that may sound daunting to some, it is a smaller number than the historically high totals of 80,000-plus the area has absorbed for the past few years. [..]