FOR IMMEDIATE RELEASE – January 31, 2017

Summary:

Realtors support bi-partisan bill to improve housing affordability , address homelessness

Bi-Partisan Bill on Housing Affordability & Homelessness Gets a Hearing

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SB 5254, bi-partisan legislation to address housing affordability and the growing problem of homelessness in Washington state, was heard in the Senate’s Local Government committee this week.

WR Support for Improving the GMA, Housing Supply, and Low-Income/Homeless Housing Programs

Summary:

Lack of buildable land, low housing inventory, and skyrocketing prices continue to impact families in many parts of Washington State. REALTORS® are supporting a number of different proposals to address these problems that will assist buyers and renters at all levels of income and need.

Understanding the CAPITAL GAINS TAX

Summary:

As part of the 2017 Budget Proposal, Governor Inslee proposed a new 7.9% tax on capital gains income, similar to proposals in the Washington Legislature during the 2015 Session. While supporters of a capital gains income tax assert that it would apply only to assets that don’t currently generate any tax revenue for Washington State, or would impact only the “1%,” the reality is much different. Real estate and small businesses generate substantial tax revenues for Washington State and local government both during ownership and at sale.

REALTORS®, Your Hometown Advocates

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Who represents you in Olympia during each Legislative Session, keeping a watch on issues that affect your home or property? Who helps legislators understand how a bill passed on “the Hill” affects home and property owners in Ephrata, Ellensburg, Lacey or any other community in our state?

FHA Price Cut Officially Halted Moments After Trump Sworn In

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NAR President Bill Brown comments on the FHA price cut made this morning after the inauguration.

Lennox Scott Receives "Leader of the PAC" Award

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The Seattle King County REALTOR® recently awarded Lennox Scott the “Leader of the PAC” award for his long time support of the REALTOR® Political Action Committee.

Your Action Needed by December 31

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The Washington Department of Licensing needs your action by December 31st - update your information with their new online system.

Ask a REALTOR®

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NAR Post-election Webinar

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Did you miss the post-election webinar from NAR? Watch it here...