Jay Humphries

08/17/2023

The Most Expensive Cities in the Seattle Metro

08/10/2023

Seattle Streamlines Design Review for Affordable Housing

Jay Humphries is a real estate agent with Realty Executives Brio. Check out Jay Humphries's listings or office listings.

07/31/2023

US Homebuilder Sentiment Surges

Jay Humphries is a real estate agent with Realty Executives Brio. Check out Jay Humphries's listings or office listings.

07/30/2023

Seattle City Council proposes new city bill on rent control
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A public hearing is being held by the Seattle City Council to receive feedback on a proposed rent control ordinance (CB 120606). This ordinance would limit the maximum rent increase based on the annual inflation rate and will only take effect if Washington state law RCW 35.21,830 is repealed. It is....

07/13/2023

Buying a Home Above the Conforming Loan Limit

Jay Humphries is a real estate agent with Realty Executives Brio. Check out Jay Humphries's listings or office listings.

06/26/2023

Seattle voters to decide on $970M housing levy in November
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The Seattle City Council and Mayor Bruce Harrell have unanimously passed a $970.3 million seven-year housing levy that, if approved by voters, would create over 3,100 affordable housing units throughout the city. This includes rental units, homeownership opportunities, and direct assistance to preve...

06/25/2023

King County property values drop after 2022's all-time high
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Property values in King County, WA have seen a decline after reaching an all-time high in January 2022. This decrease is attributed to high interest rates and a lack of urgency among homebuyers, with residential properties in Seattle's Queen Anne neighborhood falling 8%. The biggest drop was seen on...

06/17/2023

Seattle survey finds 75% of residents support 1% fee on new construction
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A survey released by Seattle City Councilmember Alex Pedersen showed that 75% of Seattle residents polled support a 1% tax on new construction. The survey also asked about the impact fees associated with new developments, which the respondents perceived as necessary, and bridge health, with 73% of r...

06/07/2023

What Is an Encumbrance in Real Estate? 9 Things (2023) You Must Know
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Encumbrances are restrictions placed on property by third parties, such as financial institutions or city governments, that limit or restrict how an owner can use their property. These encumbrances can range from liens, zoning laws, easements, and more, and can have varying effects on the market val...

05/30/2023

Best Places in Every State to Get a Vacation Home
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05/22/2023

What Do Buyers Need to Jump Back in The Market?

Jay Humphries is a real estate agent with Realty Executives Brio. Check out Jay Humphries's listings or office listings.

05/21/2023

Mortgage Rate Forecast For 2023
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Mortgage rates have doubled since the start of the year, even after registering the biggest quarterly climb in 28 years during the first quarter. Rising mortgage rates have continued to slow housing market demand, resulting in slowing sales and slower home price appreciation.