NEWS & INSIGHTS
What’s Happening
Industry News
Opening doors to homeownership for young people without family money
With starter homes becoming increasingly unaffordable, some first-time buyers are relying on family so they can join the ranks of homeowners. Would-be buyers who are born to homeowner parents also have an edge in getting on the first rung of the housing ladder. Research by Redfin and others underscores the [..]
Industry News
Regional partners sponsoring campaign to bring volunteers back to food banks
Tis the season for gatherings! Are you looking for an opportunity to get together with colleagues, friends, relatives, or neighbors for a meaningful cause? Hunger relief programs throughout Washington are in dire need of volunteers with various skills and abilities to help with food distribution tasks. Several organizations have teamed [..]
Industry News
New In Brief: November 2023
Nearly two-thirds - or 59% - of U.S. homebuyers think purchasing a home is more stressful than dating, according to a new report from Redfin. Based on the results of a Redfin commissioned survey conducted in May and June of 2023, of the life events participants had to choose from, most [..]
Monthly Market Update
High interest rates continue to influence inventory and growth
Further increases in interest rates continue to influence the expected seasonal slow-down during fall and winter months.
Press Release
Northwest MLS’s Members Provide Buyers and Sellers with Choices, Control, and Complete Transparency
The nearly $1.8 billion jury verdict in a home seller’s class action lawsuit in Missouri against the National Association of Realtors and large brokerage franchisors has consumers and brokers in Washington state asking questions about residential real estate brokerage.
Industry News
Congratulations to NWMLS Board Member Keith Bruce
Appointed as Washington State Real Estate Commissioner NWMLS is proud to announce that Keith Bruce, NWMLS Board Member and Designated Broker/Co-Founder of Sound Point Real Estate LLC, has been appointed as one of seven Real Estate Commissioners for the State of Washington. The Commission is dedicated to upholding, protecting, and promoting the interests of [..]
NWMLS In The News
NWMLS CEO Wins National Industry Award
Press Release
NWMLS President & CEO Named Shuttleworth MLS Executive of the Year
Tom Hurdelbrink, president and chief executive officer of Northwest Multiple Listing Service (NWMLS), has announced his plan to retire at the end of 2023.
Industry News
Department of Commerce unveils Toolkit for developing “Middle Housing”
On the heels of Washington State Legislature’s “year of housing” when several significant housing and land use bills were passed and signed into law, a new Toolkit was developed to help cities and towns meet their need for more housing. Opticos Design, which partnered with Seattle King County REALTORS® on [..]