Yun: Consumer Spending Likely to Spur Economy
Yun: Consumer Spending Likely to Spur Economy The economy is at 99% of its pre-pandemic activity, and growth in Americans’ income and savings could propel housing in the second half of the year, Lawrence Yun, chief economist for the National Association of REALTORS®, said Thursday at the Residential Economic Issues and Trends Forum during the…
NEW MASK GUIDANCE FOR REAL ESTATE BROKERS, COUNTY PHASE UPDATE, STATE REOPENING DATE ANNOUNCED
NEW MASK GUIDANCE FOR REAL ESTATE BROKERS, COUNTY PHASE UPDATE, STATE REOPENING DATE ANNOUNCED On May 13th, Governor Inslee announced that Washington will adopt new masking guidance as issued by the Centers for Disease Control and Prevention (“CDC”). This guidance allows fully vaccinated people to no longer wear a face covering with certain limitations. The…
Court Strikes Down Eviction Ban
Court Strikes Down Eviction Ban U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich’s ruling applies nationwide. The eviction ban was put in place last year by the Trump administration using public health powers granted to the Centers for Disease Control…
State legislature passes new fair housing education requirements for real estate brokers
State legislature passes new fair housing education requirements for real estate brokers On April 26, the Washington State Legislature passed SB 5378 which expands training requirements for fair housing clock hours for real estate brokers and managing brokers. The bill is on the Governor’s desk and his signature is expected. The law would take effect June 1,…
New Staff Join TPCAR
New Staff Join TPCAR Sean Martin Sean brings 16 years of experience in the housing industry, including having previously served as Government Affairs Director and Executive Director at the 5,000 member Rental Housing Association of Washington. In his time with RHAWA he oversaw radical transformation of membership benefits and association technology, as well as the…
2020 REALTOR® Awards
Tacoma-Pierce County Association of REALTORS®, the voice of realtors for over 100 years, announced the recipients of the 2020 REALTOR® Awards. The REALTOR® awards recognize outstanding achievement and service by member REALTORs® and affiliates. Recognized for his exemplary service and contributions to the Association of REALTORS® during his career, James Fisher is no stranger to…
Track Office Agent Rosters in 3 Simple Steps For all TPCAR Designated Brokers, Managing Brokers, and / or Office Staff assigned primary user access, you’re able to verify that your current Office Agent roster is accurate and complete in these three easy steps. Log on to your TPCAR InfoHub account by going to www.tpcar.org and…
Read MoreTacoma-Pierce County Health Department Pauses Septic Stress Testing Requirement
After several conversations and additional feedback provided by Tacoma-Pierce County Association of REALTORS, the Tacoma-Pierce County Health Department has made the decision to pause implementation of the septic stress test requirements which were originally effective as of July 15, 2024. This means that, for the time being, a stress test will not be required when…
Read MoreNew septic system stress testing requirements begin July 15
RSS Repair, Replacement, and Testing Guide Starting July 15, the Tacoma-Pierce County Health Department will require stress tests of drainfields for property sales inspections of gravity and pump to gravity systems. This document outlines the requirements and policies for repairing or replacing septic tanks, including details with regards to testing procedures, repairs, and replacements of…
Read MoreRSS Repair, Replacement, and Testing Guide
Starting in July, the Tacoma-Pierce County Health Department will require stress tests of drainfields for property sales inspections of gravity and pump to gravity systems. This document outlines the requirements and policies for repairing or replacing septic tanks, including details with regards to testing procedures, repairs, and replacements of defective tanks. Requirements for Repairing Septic…
Read MoreNAR advocacy nets win for VA buyers
The Department of Veterans Affairs plans to temporarily lift its ban on buyers directly paying for professional real estate representation until the agency deems it necessary to engage in a formal rulemaking process, a VA official said Tuesday at a Mortgage Bankers Association conference in New York. Although not an official announcement, the comments from…
Read MoreTPCAR advocacy nets positive response from Pierce County Council
TPCAR member response to Call to Action regarding short-term rentals and rural zoning nets success At yesterday’s Pierce County Council meeting, Resolution R2024-158s, drafted to include provisions which would have restricted short-term rentals (STR) and removed bonus density provisions for rural lands within the urban growth area (UGA), was amended after successful lobbying by TPCAR.…
Read MorePRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT GRANTED
This past weekend, the Plaintiffs’ counsel in the Sitzer v. Burnett class action lawsuit filed a Motion for Preliminary Approval of the proposed NAR settlement agreement with the federal court in the Western District of Missouri. Today, Judge Bough granted that motion which means that, as of today, the settlement agreement is preliminarily approved. Settlement…
Read MoreBuyer Financing and Commission Financing After the Settlement
The below information was shared by NAR in The Hub. We strongly encourage all members to create your Hub account to track updates and information provided by NAR. The recently announced settlement raised several questions regarding access to mortgages and the ability to finance agent commissions. In short, under the settlement, buyers still have the same…
Read MoreUpdate Regarding NAR Proposed Settlement in Class-Action Lawsuit
Following up on NAR’s March 15 announcement of a proposed settlement to end the Sitzer/Burnett class-action lawsuit, Washington REALTORS® has released a video update breaking down the three aspects of the proposed settlement and what their impacts are likely to be for real estate practitioners in Washington State. At a fundamental level, the proposed rules…
Read MoreIn the Mood for a Little Spring Cleaning?
In the mood for a little spring cleaning? Whether you hire a house cleaning service or you prefer DIY, you know why a good “Spring Cleaning” is so important. Spring is when we come out from the dark shroud of winter into the light and enjoy the blossoming trees and flowers. Spring is the season…
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