Forty-one states tax millionaires as part of standard income taxes, although Washington is the sixth state to enact tax law specific to millionaires.

SB 6091 takes a firm stance against private listing networks, with the new law’s most noteworthy section requiring all properties be broadly marketed to the general public.

Andréa Akita will serve as interim director until Wilson selects permanent leadership.

The legislation would revise certain real estate laws, with the bill’s major revision restricting private listing networks.

President Trump’s proposal to ban investment firms from buying single-family homes is unlikely to have a major impact on affordability, observers said.

Nationwide, the shutdown costs the country $400 million every day. But some states — particularly those with large shares of government employees and contractors — are feeling the brunt of that cost more than others.

Seattle Mayor Bruce Harrell proposed a new plan to increase housing density in every Seattle neighborhood.

Seattle City Council — narrowly — rejected a proposal that would have imposed “transportation impact fees” on local builders and developers. The tally was five to four.

With bipartisan support in both the Senate and the House, the legislation is likely to end up on the governor’s desk in one form or another.

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

An “inflammatory, distasteful” postcard mailer sent out by the Kathy Lambert campaign to residents of King County Council District 3 prompted Seattle King County Realtors (SKCR) to withdraw its endorsement of the council member, according to a press release. 

The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.

Brokers may use their cell phones to make marketing calls and send marketing texts, if the cell phone does not have an app that will automate the dialing system.