NEWS & INSIGHTS
What’s Happening
Industry News
Elections, rules changes, service enhancements among agenda items at NWMLS member meetings
Fall meetings for member brokers across the Northwest MLS service area covered a variety of topics from elections to rules changes and service updates. This year’s elections for board of director positions in several districts will be conducted paperlessly via a voting platform called Election Buddy. That software, designed for [..]
Industry News
Builders compare generational differences in “What Home Buyers Really Want” report
Millennials desire outdoor activity spaces. This demographic also values walkability and accessibility to retail spaces, according to a survey by the National Association of Homebuilders (NAHB). In its latest “What Home Buyers Really Want” report, NAHB asked prospective and recent home buyers to rate 175 home- and community-related features using [..]
Industry News
Real estate pros raising funds for tiny homes village being built for homeless veterans in Pierce County
“It takes a village to make a village,” say the backers of Orting Veterans Village, a development that will encompass 35 tiny homes for homeless veterans clustered around a large community building. It is being built in Orting on a 5+ acres. The parcel is leased from the Department of [..]
Industry News
News In Brief
Those who work in Washington enjoy the fourth-highest median wage in the nation, but it turns out that money only goes so far… Business.org compared each state’s (plus the District of Columbia) median wage to the cost of renting a 1 bedroom apartment and found that as a whole, Washington [..]
Industry News
Sparse supply spurring more competition among motivated home buyers in Western Washington
KIRKLAND, Washington (November 7, 2019) – “People are moving here, home prices will continue to increase, inventory shortages will occur. That’s our future,” remarked Dick Beeson, principal managing broker at RE/MAX Northwest in Gig Harbor, upon viewing the October statistics from Northwest Multiple Listing Service. Active listings of homes and [..]
Industry News
How to find, renovate, or build a home suitable for aging-in-place
Three out of four people would prefer to continue to reside in their family home through their golden years. With only one percent of properties suitable for aging-in-place, the majority of homes are not quite ready for that move, however. To bring their home up to safe standards for aging-in-place, [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone 10/17-18/19 WR Leadership Summit Interurban Hotel 425-974-1011 11/7-11/19 NAR Convention San Francisco 425-974-1011 11/13/19 Board of Directors 9:30 am – 12:30 pm SKCR 425-974-1011 For updates visit: www.nwrealtor.com and look under “Events”
Industry News
News In Brief
Seattle was ranked No. 1 by researchers at WalletHub, who compared 100 cities across 17 key metrics to determine the best city for public transportation. Data sets included share of commuters who use public transit and average age of the fleet to number of injuries and peak hours spent in [..]
Industry News
Northwest MLS updates SOC, agency agreements
Effective October 1, Northwest Multiple Listing Service updated several rules pertaining to selling office commissions (SOC). The changes are intended to increase transparency and flexibility for consumers and the 30,000-plus real estate brokers the MLS serves. Northwest MLS also reformatted the Buyer’s Agency Agreement (Form 41A) and the Buyer’s Representation [..]