Nielsen Real Estate Group Kicks off Summer with a Showcase of PNW Market Trends

 

Nielsen RE Group hosted the Newcastle community at the Golf Club at Newcastle for a summer kick-off event showcasing the current trends in the PNW Real Estate market focused around the upcoming changes in the Washington Real Estate Excise Tax in 2020.

On January 1st, 2020, home sellers will experience a change in the REET structure, with a new tiered system that replaces the current 1.28 percent sales tax applied to all transactions. Nielsen RE Group was joined by panelists from lending, escrow and financial management gathered to discuss the implications of REET and general trends through the greater Seattle area.

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REET changes in Washington increase for home sales next year! For more information, don’t hesitate to reach out!