What Washington state agents are seeing with new ‘millionaires tax’
The law imposes a 9.9% tax on annual income above $1 million, with implementation expected in 2028 pending legal challenges.
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Washington just banned noncompete agreements. Will other states follow suit?
Washington state is banning noncompetes effective June 30, 2027, and requires written notice to void existing clauses by Oct. 1, 2027.
HUD launches probe into Washington state down payment assistance program
Washington State’s Covenant Homeownership Program is under investigation by HUD over potential violations of the Fair Housing Act.
Washington law limits private listing networks for homes
A new Washington law effective in early June bans marketing listings to select buyer groups unless also marketed to the general public.
Seattle median list price at $850K even as price cuts spread
Seattle housing market adjusts with 44.7% price cuts and $850,000 median list price amid strong seller conditions.
Amazon-backed affordable housing hits Seattle milestone
Amazon’s fund originally pledged to support 20,000 units across Seattle, Nashville, and Arlington, Virginia, and it has surpassed that.
Seattle housing market wrestles with crippling affordability concerns
Seattle is wrestling with a problem that is more acute than all but a handful of metropolitan areas — crippling affordability issues.
Washington Legislature requests study of home equity investment products
The Washington Legislature wants to know more about home equity investments and has commissioned a formal academic study.
‘Silver tsunami’ could propel change at low-enrollment WA college
A state senator in Washington wants to close a low-enrollment college and transform it into a health sciences campus, citing the “silver tsunami.”
HUD announces $12B in long-term disaster assistance across 24 states
The funds will aim to support multiple communities impacted by hurricanes, wildfires and more in 2023 and 2024.