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State Legislative Session Update

The State Legislature is rapidly closing in on its last day to consider (pass) bills in their house of origin (5 p.m.) and the Washington REALTOR® lobby team has been pressing bills forward at a rapid pace. Several bills which seek to increase housing supply, reduce building costs, and update agency law have strong support…

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Tacoma Business License Increase Likely to Hit Agents Across Pierce County

TPCAR has spent the past few months conducting additional review of the City of Tacoma’s recently enacted business license rates for 2023-24. The increases, enacted by Council in late-2022, apply to any real estate office and REALTOR® (agent) who conducts one or more transactions for property within the City of Tacoma and is based upon…

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Pierce County Sales Tax Increase to Fund Affordable Housing Being Discussed

Pierce County Sales Tax Increase to Fund Affordable Housing Being Discussed TPCAR’s Advocacy team has, in recent months, been working closely with members of the Pierce County Council to craft framework for a proposal to raise sales tax by .1% – raising an estimated $20 million per year – to fund affordable housing solutions. A…

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City of Gig Harbor Enacts Short-Term Rental Regulations

City of Gig Harbor Enacts Short-Term Rental Regulations After passing three moratoria, and taking nearly 18 months, Gig Harbor City Council passed final regulations at its February 27 meeting which allow Short-Term Rentals within the city. The ordinance, which takes effect March 8, allows short-term rentals in all residential and commercial zones where dwelling units…

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City of Tacoma Side Sewer Disclosures

Side sewer disclosure for real estate transactions in tacoma Did you know that prior to buying or selling a property in the City of Tacoma, real estate professionals are required to provide a Side Sewer Education Flyer to buyers and sellers they are representing during closing of a property? In fact, this requirement has been…

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Pierce County Housing Authority Announces RFP to Sell Homes

Pierce County Housing Authority Announces RFP to Sell 120 underperforming Housing Units The Pierce County Housing Authority (PCHA) is requesting proposals from Licensed Residential Real Estate Brokers to provide residential real estate services for the sale of PCHA’s Scattered-Site Single family homes located throughout Pierce County. The total roster of properties owned by the PCHA…

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City of Tacoma Business License Fee Increases

Tacoma City Council enacts new business license fees for 2023-24 In November 2022, Tacoma City Council passed an ordinance which increases business license fees by as much as 700% over the next two years. While Council claims that only 10% of businesses will incur significant fee increases, real estate is one industry which will experience…

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TPCAR Welcomes New Board Directors for 2023-24

Tacoma-Pierce County Association of REALTORS® hosted its Annual Installation Gala on Thursday, November 3rd with the highlight of the evening being incoming Washington REALTORS® President Alisha Harrison installing TPCAR’s new Board Directors for 2023 – 24 terms, as well as Mike Stewart being installed as 2023 TPCAR President. We look forward to each of these…

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TPCAR Candidates Successful in Elections

Tacoma-Pierce County Association of Realtors endorsed 16 candidates in this year’s General Election and are pleased to announce that 15 of those 16 were successful in their election. Support for levies related to public safety, parks, schools, and fire protection saw a majority of success with 4 of our 6 endorsed levies passing. To view…

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Northwest MLS brokers say motivated home buyers turn to creative financing options:

Submitted by Frank Hawkins; Hawkins-Poe Real Estate Services Brokers with Northwest Multiple Listing Service (NWMLS) are reporting a return to some creative financing methods as motivated home buyers and sellers grapple with higher mortgage rates. Despite that, and the seasonal slowdown in activity, 6,435 hopeful homebuyers succeeded in having sellers accept their offers to purchase…

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