NEWS & INSIGHTS
What’s Happening
Industry News
Home buyers seeking affordability are expanding search outside Greater Seattle job centers
KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service. The MLS [..]
Industry News
News In Brief
Seattle ranked as the 9th most pet-friendly city in the nation, according to a study by WalletHub. Researchers know owning a pet can be expensive, between licenses, grooming and medical care and added expenses for renting an apartment. So which cities give you the most bang for your buck? “With [..]
Industry News
FHA updates condo rules that should boost financing options on condos
Long-awaited updates to Federal Housing Administration condo rules will take effect October 15, 2019 under revised guidelines issued last month. Housing officials praised the change, saying the FHA loan program will now be more “flexible and responsive to market conditions.” FHA said it is bringing back spot approvals and taking [..]
Industry News
What would you do with 78 extra hours each year?
Seattle’s traffic congestion ranks behind 11 other urban areas, but in terms of lost dollars it placed 9th. Congestion cost the average Emerald City commuter 78 hours of time in 2017 and an estimated $1,408 in dollars according to the 2019 Urban Mobility Report from Texas A&M Transportation Institute (TTI). [..]
Industry News
SKCR Events Calendar
Date Event Time Where Phone 9/10/19 Special Gov’t Affairs Meeting 1:00 pm – 2:30 pm SKCR 425-974-1011 9/11/19 Board of Directors 1:00 pm – 4:00 pm SKCR 425-974-1011 9/11/19 RPAC Event 4:30 pm – 6:30 pm SKCR 425-974-1011 9/18/19 Affiliate Council 10:00 am – 12:00 pm SKCR 425-974-1011 10/1/19 Government [..]
Industry News
September is Realtor Safety Month
September marks the annual observation of National REALTOR® Safety Month when industry groups remind real estate practitioners of the need to be vigilant year-round to avoid risky situations. Research indicates brokers are particularly vulnerable in six situations: Entering foreclosed or vacant homes. Meeting with a new client for the first [..]
Industry News
iOi Summit returns to Seattle
Real estate brokers and industry leaders will join global tech vendors and venture capitalists in August for a two-day event focused on Innovation, Opportunity & Investment (“iOi”). The iOi Summit, a production of the National Association of REALTORS®, is set for August 21-22 at the Hyatt Regency Seattle. The second [..]
Industry News
Puget Sound adding 188 new residents each day
More than 500,000 people have relocated to the four-county Puget Sound region since 2010. In the past year alone, this area welcomed an average of 188 people per day, according to the Washington State Office of Financial Management (OFM). Collectively, the region is home to 4.2 million residents. The past [..]
Industry News
News In Brief
Job openings and salaries rose across the country in June, but just like the rest of 2019, it was a slow crawl compared to 2018 numbers. In Seattle however, the increases were a bit more robust, according to a Glassdoor jobs report. Across the city, median pay rose 2.4% to [..]
Industry News
Lawn Love transforming yard care using technology, adds Washington state to its growing network
Current Services Lawn mowing Lawn aeration Lawn fertilization Lawn seeding Christmas light installation Gardening Gutter cleaning Leaf removal Snow removal Weed Control Yard clean-up Homeowners across Washington state who prefer to outsource the care and grooming of their yards and gardens now have a new resource thanks to young entrepreneur [..]