Rent Cap Reminder for 2027
The maximum annual rent increase percentage is calculated using the June 12-month percent change in the Consumer Price Index for all urban consumers, all items, for the Seattle area as published by the United States Bureau of Labor Statistics, which is expected to be released in mid-July. Landlords issuing rent increase notices on or after June 1,…
Sound Transit Reaffirms Commitment to Tacoma Dome Link Extension
Sound Transit recently approved an updated delivery plan for its ST3 expansion program, providing greater clarity on the future of light rail service in Pierce County. While the agency is faced with significant funding challenges across the regional system, the Tacoma Dome 2035 Link Extension remains a committed project and continues to move forward as…
2026 Election Season Underway: Candidate Filing, Local Races, and TPCAR’s Advocacy Process
Election season is officially underway in Washington State, with candidate filing week running from May 4 – May 8, 2026. Candidates must file by 5:00 p.m. on Friday, May 8 in order to appear on the ballot for this year’s Primary and General Elections. This year’s election cycle includes several important races throughout Pierce County and across Washington…
2026 Washington Legislative Session Update
Housing and Policy Changes Impacting REALTORS® and Property Owners The 2026 Washington Legislative Session has been another busy year for housing policy. Over 600 bills were introduced, with roughly 140 housing or real estate issues included. Major themes included increasing housing supply, expanding zoning flexibility, tenant protections, and new tax policies.Several bills passed focusing on…
Washington Senate Bill 6346: What REALTORS® Need to Know
This week, Washington lawmakers introduced companion bills, SB 6346 and HB 2724, that would create a new state tax commonly described as a “millionaires’ tax.” The bills would impose a 9.9% tax on Washington taxable income beginning January 1, 2028. Both bills are written to include a $1,000,000 standard deduction (combined $1,000,000 for spouses/domestic partners), meaning that the tax would be paid upon any income…
Ensure Your Office Agent Roster Is Up to Date
View Your Active Agents and Dues Payment Status by Brokerage This page explains how Designated Brokers and Office Managers can view their active agent roster by brokerage to both manage their roster and see which agents have not paid their REALTOR® dues for each office they manage. Using the “Change Org” feature, DBs with multiple offices can easily switch between brokerages…
NAR addresses housing affordability, incentivizing institutional owners of single-family rentals to transition back to owner-occupants.
The Trump administration on Wednesday announced a move to restrict large investors from purchasing single-family homes. This comes after record-high home prices and a shift in buying power in major American markets. The administration is moving to codify sweeping bills through Congress in the upcoming sessions. NAR advocacy representatives are focusing on a nationwide transition…
Tacoma’s Rental Code May Be Changing — Here’s What REALTORS® Need to Know
Tuesday, December 9th at 5 pm, Tacoma City Council will be voting on an ordinance that would amend the 2023 Landlord Fairness Code Initiative—better known as Tacoma Measure 1. These proposed changes represent meaningful progress toward a more balanced rental housing framework, but they also highlight how much work remains to ensure that Tacoma’s rental market stays…
Tacoma’s Measure 1 and the Shrinking Supply of Affordable Housing
Tacoma’s housing market continues to feel the effects of Measure 1 — a set of policies passed by initiative in November 2023 that, while intended to promote stability for renters, are instead accelerating the loss of affordable housing across the city. The recent sale of several Goodman Real Estate properties is a case study in how…
Outdated Capital Gains Rule is Keeping Homes Off the Market
In This Article When Congress last set the capital gains exclusion in 1997, the average U.S. home cost about $145,000. Nearly three decades later, home values have more than tripled—but the tax rule hasn’t moved an inch. The lack of action on this is now pointing the US real estate market directly at a “capital…
2025 Legislative Days Event Recap
On January 29 – 30th, nearly 50 TPCAR members joined with 600 REALTOR® members from across the State to gather at the Capitol in Olympia and lobby REALTOR® and housing consumer issues with legislators from every district in the state. The event offered attendees an opportunity to hear from the Washington REALTORS® (WR) lobby team…
Read MoreTPCAR Advocacy Report – January 2025
Tacoma-Pierce County Association of REALTORS® advocacy team has hit the ground running in 2025 as several carry-over items from 2024 will continue to be worked on this year. Those include: Pierce County TPCAR has been tracking proposed short term rental regulations (STR), as well as accessory dwelling unit (ADU) regulations, for unincorporated areas of Pierce…
Read MoreTacoma City Council Enacts Home in Tacoma Phase 2 – Effective February 1, 2025
Tacoma is moving forward with its Home in Tacoma Phase 2 ordinance, a major update to zoning and building regulations aimed at increasing housing density and creating more opportunities for homeownership. As a REALTOR®, understanding these changes is essential to helping your clients navigate the evolving real estate landscape. Key Zoning Changes The new ordinance…
Read MoreOctober Advocacy update
In alignment with our mission to keep members informed on key planning and policy changes, TPCAR shares recent developments impacting Pierce County’s rural density planning and Tacoma’s business resilience efforts. These updates highlight important shifts in growth management strategies, with implications for land use and local business support. Home In Tacoma Update: Phase 2 of…
Read MoreCOT Business License Update – Oct 2024
TPCAR continues to meet with the City of Tacoma’s Licensing Department to ensure current information is available for REALTOR® members who sell real estate in the city. Current updates on license requirements and how B&O taxes are apportioned between the brokerage and agent are shared in this update. We continue to work on the concerns…
Read MoreWhy Local Elections Matter More to REALTORS® Than You Think: Make Your Voice Heard!
The Importance of Voting in Local Elections for REALTORS® As a REALTOR®, you’re likely well aware of how government policies directly impact the housing market, property rights, and the real estate profession. While the Presidential election captures the most attention in 2024, our local elections can have a far more immediate and lasting effect on…
Read MoreTacoma-Pierce County Association of REALTORS® – September 2024 Advocacy Update
TPCAR’s Advocacy team continues to make strides on several issues for our members, as well as track other items which may be of interest to the members and our industry. Below is a report on the past month of advocacy activities and other upcoming items we will be working on in the Fall. Home in…
Read MoreTrack 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…
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