NEWS & INSIGHTS
What’s Happening
Industry News
Technology, communications, and new tools highlighted at NWMLS spring membership meetings
Technology will continue to push Northwest Multiple Listing Service forward stated Tom Hurdelbrink, president and CEO, at the NWMLS spring membership meetings. Both in-house and external sources will be used to develop and support technology to strengthen member brokerages and the MLS itself. Technology was listed as one of five [..]
Industry News
Homeownership a major factor in wealth-building
Middle-income homeowners experienced 68% appreciation in their homes in the past decade, according to a new report by the National Association of Realtors®. The report, Wealth Gains by Income and RacialEthnic Group, showed middle-income owners accumulated $122,100 in wealth in the last 10 years. Middle-income homeowners in the Seattle-Tacoma-Bellevue metro [..]
Industry News
NAR reports on home buyers and sellers generational trends
Baby boomers made up 39% of home buyers last year– more than any other generation, and up from 29% in 2021, according to the 2023 Home Buyers and Sellers Generational Trends report from the National Association of Realtors®. Millennials (now ages 24 to 42) had been the top homebuying cohort since [..]
Industry News
Affordable Housing Week offers full slate of education and advocacy events
More than a dozen events are scheduled for this year’s Affordable Housing Week (AHW), being observed May 7-13 throughout King County. Now in its 8th year, the event features a series of education and advocacy events highlighting the role affordable housing plays in stabilizing communities. AHW kicks off on Monday, [..]
Industry News
Kirkland unveils new programs to create more housing options
Kirkland unveiled two new programs in its quest to create more housing options within the city. Last month, the growing Eastside city became the latest municipality in King County to add a pre-approved Detached Accessory Dwelling Unit (DADU) program that offers a faster, more affordable, and simplified way to create [..]
Industry News
Issues & Impacts: April 2023
Issues & Impacts is a quarterly publication produced by the SEATTLE KingCounty REALTORS® to inform members about current issues and successes within your Governmental Affairs Department. SEATTLE KingCounty REALTORS® (SKCR) is ensuring that public policies support homeownership and your business’s bottom line. View the full publication
Monthly Market Update
“We’re moving in a positive direction” broker says in comments about April statistics from Northwest MLS
Market dynamics are influencing adjustments in housing prices, suggested an officer at Northwest Multiple Listing Service, but with “very constricted” inventory, he said homes that are well priced continue to receive multiple offers. Commenting on the latest statistics from Northwest MLS, Frank Leach, vice chairperson of the MLS board of [..]
Industry News
News In Brief – May 2023
As if we needed another reason to be grateful to live in this precious corner of the Pacific Northwest, Seattle was just ranked 2nd on the list of healthiest cities in the country. Personal finance website WalletHub released its 2023 report on the healthiest and unhealthiest cities. The study was based on [..]