NEWS & INSIGHTS
What’s Happening
Industry News
Groups collaborate to facilitate rentals for residents facing homelessness
More than 1,000 individuals in King County who were experiencing or facing homelessness found housing during the first year of operations for Housing Connector, a nonprofit cross-sector collaboration. Nearly half the newly housed were children and 70% were people of color. Housing Connector, a partnership of the city of Seattle, [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone Oct 6 Gov’t Affairs Committee 10:30 a.m.-12:30 p.m. Zoom 425-974-1011 Oct 14 Affiliate Council 10 a.m.-11 a.m. 425-974-1011 Oct 16 Battle of Barristers 9 a.m.-12 p.m. Zoom 425-974-1011 Oct 21-23 WR Leader Retreat 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”
Industry News
Second home sales surging, but buyer expectations have changed
Demand for second home within a reasonable drive of a family’s primary home is booming, according to a report from John Burns Real Estate. Developers and builders who understand these buyers’ mindsets and preferences stand to benefit. Researchers found second homes in convenient locations “are benefiting from a rise in [..]
Industry News
At Home with Diversity
Realtors are encouraged to take advantage of a 50% discount for the “At Home with Diversity” online course from the Center for REALTOR® Development. The special price of $49 is offered through the end of 2020. The course is presented in six modules. Producers say the course work is designed [..]
Industry News
Flood risk data coming to realtor.com
On August 26, realtor.com® launched new flood risk data features which will be available on most for-sale properties on realtor.com®. Many of you already heard about this from our outreach last month during our initial testing phase. What are these features? At an individual property level, realtor.com® will offer insights into Federal Emergency [..]
Monthly Market Update
Would-be homebuyers have more buying power, but also more competition for meager inventory
KIRKLAND, Washington (September 4, 2020) – Extremely low interest rates mean would-be home buyers have more buying power, but sparse inventory and increasing home prices in many parts of Washington state are leaving many buyers unable to take advantage of these attractive rates, reported broker Frank Wilson upon reviewing the [..]
Industry News
Characteristics of the new American home buyer
John Burns Real Estate Consulting is predicting “The Great American Move” as states, counties and cities around the country slowly reopen. Home builders can capture pent-up demand from apartment dwellers, in-migrants (including city dwellers moving to suburbs), families wanting more space, and residents relocating to new jobs. Several factors are [..]
Industry News
Realtors partner with U.S. Chamber, other groups to advance Equality of Opportunity Initiative
Realtors are among the initial partners of the Equality of Opportunity Initiative launched in June by the U.S. Chamber of Commerce. In announcing the nationwide effort to address systemic racism and to advance economic inclusion, more than 500 chambers and associations, including the National Association of Realtors, will focus on [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone Sept 15 GAC Special Mtg. 10:30 a.m.-12 p.m. Zoom 425-974-1011 Sept 16 Board of Directors 10:30 a.m. Zoom 425-974-1011 Sept 21-25 WR Fall Conference Zoom 425-974-1011 Oct 6 Gov’t Affairs Committee 10:30 a.m.-12:30 p.m. Zoom 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”
Industry News
Virtual tours proving popular among Northwest MLS brokers and their clients
Conducting business virtually “has been quite a shift for us,” admitted Frank Leach, a director at Northwest Multiple Listing Service. Now, he added, “I don’t see it reverting to what we had done in the past. Even our broker tours are now done virtually.” Although “shelter in place” directives, bans [..]