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…
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…
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…
The Importance of a Sewer Scope when Buying a Home
The Importance of a Sewer Scope Inspection When Buying a Home By: Jon Teabo, President of A-Pro Home Inspection Services A sewer scope inspection is a critical component of the home buying process that is often overlooked or ignored by potential home buyers. Despite its importance, many home buyers do not understand what a sewer…
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…
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…
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…
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…
How will this economy affect the local housing market compared to the Great Recession?
BY JENNIFER HAWKINS, TPCAR Board Director Question: What are the similarities and differences between the potential recession we’re facing and what happened in 2008 in regard to housing? I would like to start off by saying recession does not equal housing crash. In fact the 2008-2009 recession is the only recession that created a housing…
How is a Home Warranty Different from Homeowners Insurance?
How is a Home Warranty Different from Homeowners Insurance? Homeowners insurance and home warranties are both designed to help safeguard your home, but they each offer different types of protection. A home warranty is an excellent supplement to a homeowners insurance policy, and a homeowner should consider purchasing both. What is homeowners insurance? Homeowners insurance covers…
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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