From September 26th to 28th, I joined Realogics Sotheby’s International Realty brokers Blake Ruud-Johnson, Katherine Hansen and Jason Gibbons at the 2018 Washington REALTORS® Fall Business Conference, working on issues that impact real estate brokers and current and future homeowners in Washington State.
Read Morellowing the announcement that British Columbia is increasing their foreign buyer tax on home purchases from the current rate of 15-percent up to 20-percent, King 5 News reported that the move “may create more demand from wealthy Chinese investors and homebuyers who are looking to purchase property in Washington state.” Adding to demand amidst anemic inventory supply, particularly in downtown Seattle condominium stock, however, is causing some worry.
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