Tag Archives: reet

Realtors protect use of real estate excise tax (REET)

Legislators in Washington State tried to slip in bills that would allow use of REET for local government operations and maintenance expenses, rather than its originakl intent of basic infrastructure needed for accomodating growth. Realtors statewide responded in large caravans … Continue reading

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Real Estate Sales Leading in Economic Recovery, but legislators want new taxes for all “service” businesses.

The real estate market in Washington State from 2003 to 2006 was credited with bolstering jobs and revenue collections that exceeded forecasts for more than a dozen consecutive quarterly revenue reports, leading us out of the recession after 9/11. Our … Continue reading

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