WHEREAS, It is the policy of the Washington State House of
Representatives to recognize the dedication and achievements of
professionals in their respective fields; and
WHEREAS, Glenn Crellin became the associate director for research
at the Runstad Center for Real Estate Studies at the University of
Washington in Seattle; and
WHEREAS, The Washington Center for Real Estate Research at
Washington State University, where Crellin was the former director
since 1993, merged with the Runstad Center in 2012; and
WHEREAS, Crellin is active in the local and national real estate
industries as a member of the American Real Estate Society, the
American Real Estate and Urban Economics Association, and the Urban
Land Institute; and
WHEREAS, Crellin contributes to economics and real estate studies
separate from the University of Washington as a member of the academic
review board for the Appraisal Journal and as a reviewer for other
journals; and
WHEREAS, Crellin has devoted his studies to the housing market and
real estate industry, receiving his B.A. in Economics from Drake
University and his M.A. in Economics from the University of Maryland
College Park; and
WHEREAS, Crellin's ingenuity led him to devise the Housing
Affordability Index, which gauges an individual's ability to purchase
a home, during his employment at the National Association of Realtors
in the 1980s; and
WHEREAS, This body recognizes Crellin's outstanding work in keeping
industry stakeholders, students, the state legislature, and the public
informed about real estate and how changes in the industry affect
individuals and families; and
WHEREAS, Crellin pioneered the way for researchers and academics to
accumulate statistical information regarding homeownership and real
estate trends; and
WHEREAS, Crellin's accomplishments throughout his successful career
have, no doubt, created a more informed industry, private sector, and
citizenry;
NOW, THEREFORE, BE IT RESOLVED, That the Washington State House of
Representatives recognize and honor Glenn Crellin for his commitment to
providing applicable knowledge of the real estate industry to
professionals and the general public and his dedication and passion for
helping progress the industry; and
BE IT FURTHER RESOLVED, That the Chief Clerk of the House of
Representatives immediately transmit copies of this resolution to Glenn
Crellin and Stephen O'Connor, director of the Runstad Center for Real
Estate Studies at the University of Washington.