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Category: Industry News
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 look under “Events”
Industry News
Congestion costs earn Seattle a dubious ranking
It only seems worse. Congestion in Seattle cost the typical driver 55 hours during peak drive times in 2017, about the same as in 2016. Eight other urban areas in the U.S. are worse off, according to the Annual Global Traffic Scorecard from INRX, a transportation research firm. Measured by [..]
Industry News
Seattle’s Future skyline
Residential construction continues to command a sizable chunk of the record $5 billion in construction that is currently underway in Seattle, according to the Downtown Seattle Association, which publishes biannual reports. Builders are “racing to meet demand” in part with more than 30,000 units under construction or in development. The [..]
Industry News
Builders invited to add sites to Green Home Tours in Seattle, Tacoma and Olympia
“Environmentally aware” builders of sustainable homes, multifamily projects, ADUs and other green-themed projects are invited to register them for the Northwest Green Home Tour, now in its eighth year. The annual educational event, open to the public, is held in the Greater Seattle area on April 28-29 and is adding [..]
Industry News
Immigrants account for growing share of worker-strapped construction industry
With the housing industry gaining momentum and native-born workers slow to return to the construction industry since the 2007 downturn, labor shortages are topping the list of crucial impediments to the home building sector. The aging US workforce is an added concern. A new report from the National Association of [..]
Industry News
Home buyers still competing for sparse inventory in Western Washington, driving up prices – especially for sought-after condominiums
KIRKLAND, Washington (February 5, 2018) – “The Seattle area real estate market hasn’t skipped a beat with pent-up demand from buyers is stronger than ever,” remarked broker John Deely in reacting to the latest statistics from Northwest Multiple Listing Service. The report on January activity shows a slight year-over-year gain [..]
Industry News
Experts Share Insights on Housing and Economic Trends, Provide Outlook for Year Ahead at annual MBAKS Economic Forecast
On Wednesday, January 31, the Master Builders Association of King and Snohomish Counties (MBAKS) kicked off its first general membership meeting of the year-an economic forecast breakfast presented by the association’s Sales & Marketing Council. The breakfast took place at The Westin Bellevue and featured presentations by Metrostudy Regional Director [..]
Industry News
National Association of REALTORS invites nominations for a pair of prestigious awards and grant monies
REALTORS® who give back to their communities are eligible to receive a pair of awards from the National Association of Realtors®. Both awards could mean grant monies for their worthy nonprofit organizations or charitable causes. Entry deadlines are February 23 for NAR’s Volunteering Works program and May 4 for the [..]
Industry News
Survey reveals cooling optimism for housing and the economy
Fewer households believe now is good time to buy or sell a home, surprising representatives with the “Housing Opportunities and Market Experience (HOME) survey.” An independent research firm conducts the quarterly studies for the National Association of Realtors®. The latest survey, from the fourth quarter of 2017, also found [..]
Industry News
NWMLS adjusts map area boundaries in two counties
Working with member-brokers, Northwest Multiple Listing Service adjusted boundaries for map areas within Skagit and Kittitas counties. The revisions affect areas 830 and 835 in Skagit County, and areas 948 and 949 in Kittitas County. MLS staff will make necessary area and community adjustments to any listing affected by the [..]